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 AMEX
Today’s data is for companies listed on the American Stock Exchange.
Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
---|---|---|---|---|---|---|---|
PIP | PharmAthene Inc | 0.822000 | 68815195 | 0.2786 | 2.9069 | 2.24 | 0.25 |
LEU | Centrus Energy Corp | 5.940000 | 9000000 | None | None | 18.98 | -7.03 |
MSN | Emerson Radio Corp | 1.300000 | 27065852 | None | 0.6461 | 1.54 | 0.97 |
ALN | American Lorain Corp | 0.579900 | 38274490 | 57.9900 | 0.1127 | 0.98 | -0.62 |
IMUC | ImmunoCellular Therapeutics Ltd | 2.550000 | 3459859 | None | 1.4388 | 3.31 | None |
NSPR | InspireMD Inc | 0.980000 | 1472606 | None | 0.3568 | 5.10 | 3.28 |
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.
MSN:ASE Emerson Radio
http://www.emersonradio.com
Emerson Radio has 32 employees and is headquartered in United States.
Emerson Radio Corp designs, sources, imports and markets housewares and consumer electronic products and licenses its trademarks to others for products domestically and internationally.
PIP:ASE PharmAthene
http://www.pharmathene.com
PharmAthene has 13 employees and is headquartered in United States.
PharmAthene Inc is a biodefense company. It is engaged in the development and commercialization of medical countermeasures against biological and chemical weapons in the United States.
Free Valuation
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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.