China XD Plastics Co (CXDC:NAS) and Axovant Sciences (AXON:NAS) Trading at Less than Cash Value

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Trading at Less than Cash Value

Today we are looking at companies trading at less than cash value meaning companies whose current share price is less than the cash per share on the balance sheet. We also show the value of cash net debt per share to show how much cash per share would be left if the debt was paid off.

What this Means…

Companies can have more cash per share than the actual share price for a number of reasons including they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or if there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a P/E greater than 0 and are worth exploring in more detail.

Today’s Data on NASDAQ

Today’s data is for companies listed on the NASDAQ.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
LEXEA Liberty Expedia Holdings Inc 42.400000 57276000 None 0.9431 61.86 -23.05
LEXEB Liberty Expedia Holdings Inc 39.570000 57276000 None 0.8802 61.86 -23.05
CXDC China XD Plastics Co Ltd 3.950000 49727731 6.3710 0.2579 7.93 -8.55
AXON Axovant Sciences Ltd 1.205000 107788074 None 1.2179 1.75 1.26
OPHT Ophthotech Corp 2.770000 36188161 0.6908 3.5702 4.28 5.82
GURE Gulf Resources Inc 1.380000 46803791 28.4000 0.1675 5.06 5.00
EVK Ever-Glory International Group Inc 4.300000 14795992 5.1807 0.6355 4.41 1.59
ZAIS ZAIS Group Holdings Inc 4.090000 14818332 None 1.6296 4.09 3.41
VSAR Versartis Inc 1.425000 36081466 None 0.6710 2.07 1.88
TRMT Tremont Mortgage Trust 11.300000 3142939 None None 19.29 None
APWC Asia Pacific Wire & Cable Corp Ltd 2.550000 13819669 4.0476 0.2298 3.34 0.35
GIGM GigaMedia Ltd 2.940000 11052235 32.6667 0.5355 5.62 5.77
EDGE Edge Therapeutics Inc 0.910000 31246231 None 0.6422 2.40 1.73
ASCMA Ascent Capital Group Inc 2.150000 12398677 None 0.2650 2.43 -142.29
ABAC Renmin Tianli Group Inc 2.280000 9983745 13.7468 0.2411 6.62 6.40
EPIX ESSA Pharma Inc 3.340000 5776098 None 1.4425 3.76 2.46
CYCC Cyclacel Pharmaceuticals Inc 1.440000 11997447 None 0.8471 1.81 0.96
RTTR Ritter Pharmaceuticals Inc 3.390000 5019639 None 1.2721 3.77 None
CREG China Recycling Energy Corp 1.670000 8310198 None 0.0652 6.40 0.05
TOPS TOP Ships Inc 1.522400 8923617 None 0.1281 2.70 -8.95
DARE Dare Bioscience Inc 1.140000 11422161 None 0.8231 1.37 0.66
KBSF KBS Fashion Group Ltd 5.160000 2271299 None 0.1583 10.27 9.25
AVGR Avinger Inc 2.010000 5562872 None 0.9397 2.59 1.24
NVIV InVivo Therapeutics Holdings Corp 6.750000 1565019 None 1.2692 7.42 6.95
SBOT Stellar Biotechnologies Inc 2.030000 1502870 None 0.6436 2.19 1.33

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

CXDC:NAS China XD Plastics Co

http://www.chinaxd.net
China XD Plastics Co has 2461 employees and is headquartered in China.
China XD Plastics company Ltd manufactures plastics for automobiles. Its product includes automobile exteriors, for car interiors and other components.

AXON:NAS Axovant Sciences

http://www.axovant.com
Axovant Sciences has 80 employees and is headquartered in United Kingdom.
Axovant Sciences Ltd is a clinical-stage biopharmaceutical company focused on the acquisition, development and commercialization of novel therapeutics for the treatment of dementia.

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