Stocks Trading at Less than Cash Value

Tronox (TROX:NYS) and Bristow Group (BRS:NYS) 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 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 8.730000 122933845 None 1.5180 8.76 -16.98
FPH Five Point Holdings LLC 7.130000 66527880 23.7667 0.7939 8.94 0.57
TK Teekay Corp 3.520000 100435096 None 0.4197 3.84 -45.56
XIN Xinyuan Real Estate Co Ltd 4.700000 64423309 47.0000 0.4760 15.54 -48.07
HCHC HC2 Holdings Inc 3.450000 44774936 1.0883 0.8370 18.57 2.89
BRS Bristow Group Inc 3.440000 35798185 None 0.1272 8.60 -31.90
KODK Eastman Kodak Co 2.650000 42726652 1.0643 6.2903 5.57 -3.81
PYX Pyxus International Inc 12.370000 9069034 3.8777 0.5281 12.90 -154.61
SDLP Seadrill Partners LLC 1.030000 91821600 0.5463 0.0677 9.60 -24.02
HOV Hovnanian Enterprises Inc 0.629900 148385821 20.9967 None 1.27 -9.32
GSL Global Ship Lease Inc 0.860000 79060690 None 0.2575 1.20 -3.86
HOS Hornbeck Offshore Services Inc 1.370000 37595348 12.5000 0.0387 2.87 -25.96
KEG Key Energy Services Inc 2.060000 20297359 None 0.6215 2.13 -9.89
NM Navios Maritime Holdings Inc 2.560000 12470628 None 0.0707 10.66 -117.59
MN Manning & Napier Inc 1.990000 15333041 24.8750 0.1912 5.00 5.30
NAO Nordic American Offshore Ltd 0.450000 6198684 None 0.1174 1.88 -20.07
SN Sanchez Energy Corp 0.317600 87537788 None None 4.21 -23.12
CLD Cloud Peak Energy Inc 0.358500 75778186 None 0.0275 1.44 -3.88
SSI Stage Stores Inc 0.884400 28293608 None 0.0952 0.91 -11.44
CGA China Green Agriculture Inc 0.599000 38896945 None 0.0604 3.94 3.64
PACD Pacific Drilling SA 14.000000 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.

TROX:NYS Tronox

http://www.tronox.com
Tronox has 3400 employees and is headquartered in United States.
Tronox Ltd is engaged in producing and marketing of titanium bearing mineral sands and titanium dioxide pigment. The Company operates under two segments, TiO2 and Alkali.

BRS:NYS Bristow Group

http://www.bristowgroup.com
Bristow Group has 4058 employees and is headquartered in United States.
Bristow Group Inc is an industrial aviation services provider. The company is a helicopter service provider to the offshore energy industry with international operations.

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