Stockcalc – Free Trial
Have a free look inside the StockCalc website at www.stockcalc.com
I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.
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 NYSE
Today’s data is for companies listed on the New York Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| TROX | Tronox Ltd | 8.160000 | 122933845 | None | 1.4189 | 8.76 | -16.98 |
| FPH | Five Point Holdings LLC | 7.180000 | 66527880 | 23.9333 | 0.7995 | 8.94 | 0.57 |
| TK | Teekay Corp | 3.390000 | 100435096 | None | 0.4042 | 3.84 | -45.56 |
| XIN | Xinyuan Real Estate Co Ltd | 4.060000 | 64423309 | 40.6000 | 0.4112 | 15.54 | -48.07 |
| TNP | Tsakos Energy Navigation Ltd | 2.790000 | 87336453 | None | 0.1555 | 3.12 | -16.03 |
| DBD | Diebold Nixdorf Inc | 2.700000 | 76124266 | None | 1.4789 | 4.00 | -27.39 |
| SDLP | Seadrill Partners LLC | 1.730000 | 91821600 | 1.1209 | 0.1138 | 9.60 | -24.02 |
| HCHC | HC2 Holdings Inc | 2.670000 | 44774936 | 0.8423 | 0.6477 | 18.57 | 2.89 |
| PYX | Pyxus International Inc | 12.600000 | 9069034 | 3.9498 | 0.5379 | 12.90 | -154.61 |
| HOV | Hovnanian Enterprises Inc | 0.722100 | 148385821 | 24.0700 | None | 1.27 | -9.32 |
| KODK | Eastman Kodak Co | 2.500000 | 42726652 | 1.0040 | 5.9343 | 5.57 | -3.81 |
| BRS | Bristow Group Inc | 2.650000 | 35798185 | None | 0.0980 | 8.60 | -31.90 |
| HOS | Hornbeck Offshore Services Inc | 1.500000 | 37595348 | 12.5000 | 0.0424 | 2.87 | -25.96 |
| GSL | Global Ship Lease Inc | 0.670500 | 79060690 | None | 0.2008 | 1.20 | -3.86 |
| NM | Navios Maritime Holdings Inc | 3.500000 | 12470628 | None | 0.0966 | 10.66 | -117.59 |
| KEG | Key Energy Services Inc | 1.870000 | 20297359 | None | 0.5642 | 2.13 | -9.89 |
| PIR | Pier 1 Imports Inc | 0.350000 | 84854000 | None | 0.1434 | 1.38 | -0.97 |
| MN | Manning & Napier Inc | 1.790000 | 15333041 | 22.3750 | 0.1720 | 5.00 | 5.30 |
| SSI | Stage Stores Inc | 0.827600 | 28293608 | None | 0.0891 | 0.91 | -11.44 |
| CLD | Cloud Peak Energy Inc | 0.270000 | 75778186 | None | 0.0207 | 1.44 | -3.88 |
| CGA | China Green Agriculture Inc | 0.520300 | 38896945 | 1.1869 | 0.0525 | 3.94 | 3.64 |
| SN | Sanchez Energy Corp | 0.229400 | 87537788 | None | None | 4.21 | -23.12 |
| PACD | Pacific Drilling SA | 13.500000 | 7500 | None | 0.0001 | 26594.53 | -514079.87 |
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.
TK:NYS Teekay
http://www.teekay.com
Teekay has 8300 employees and is headquartered in Bermuda.
Teekay Corp is a provider of crude oil and gas marine transportation services. It also offers offshore oil production, storage and offloading services, mainly under long-term, fixed-rate contracts.
XIN:NYS Xinyuan Real Estate
http://www.xyre.com
Xinyuan Real Estate has 1376 employees and is headquartered in China.
Xinyuan Real Estate Co Ltd is a real estate developer and property manager. The Company develops residential properties in China.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.
The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.