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 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 |
|---|---|---|---|---|---|---|---|
| CZR | Caesars Entertainment Corp | 9.150000 | 147184937 | None | None | 10.28 | -36.18 |
| TEDU | Tarena International Inc | 18.100000 | 56055497 | 30.8758 | 4.8238 | 18.27 | None |
| YTRA | Yatra Online Inc | 8.380000 | 33809313 | None | 6.6531 | 85.15 | 83.68 |
| CEMP | Cempra Inc | 3.600000 | 52392905 | None | 1.0287 | 4.42 | 4.13 |
| AMCN | AirMedia Group Inc | 2.460000 | 62197822 | None | 0.4308 | 3.52 | 1.40 |
| ADVM | Adverum Biotechnologies Inc | 2.750000 | 42063237 | None | 0.5365 | 5.28 | 1.20 |
| CXRX | Concordia International Corp | 2.125000 | 51017004 | None | 0.3601 | 3.19 | -60.38 |
| GURE | Gulf Resources Inc | 1.990000 | 46789137 | 2.4875 | 0.2602 | 3.02 | 2.96 |
| NVTR | Nuvectra Corp | 6.460000 | 10337753 | None | 0.6614 | 7.32 | 6.00 |
| UTSI | UTStarcom Holdings Corp | 1.810000 | 36460201 | None | 0.6968 | 2.23 | 8.49 |
| OREX | Orexigen Therapeutics Inc | 4.180000 | 14586771 | None | 0.8305 | 5.10 | -8.67 |
| BEBE | bebe stores Inc | 6.530000 | 8066805 | None | 0.4549 | 8.28 | 11.33 |
| TRIL | Trillium Therapeutics Inc | 6.000000 | 7817883 | None | 1.8832 | 7.11 | 7.08 |
| ITEK | Inotek Pharmaceuticals Corp | 1.700000 | 26930730 | None | 0.5383 | 3.08 | 1.27 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.645000 | 13819669 | 12.0227 | 0.2534 | 3.09 | 0.44 |
| GIGM | GigaMedia Ltd | 3.020000 | 11052235 | None | 0.5301 | 6.13 | 5.90 |
| HSGX | Histogenics Corp | 1.840000 | 15930708 | None | 7.2628 | 2.38 | 2.33 |
| ARDM | Aradigm Corp | 1.880000 | 14951089 | None | 3.3506 | 1.91 | 1.05 |
| ABAC | Aoxin Tianli Group Inc | 2.508000 | 7988245 | 11.4000 | 0.2306 | 6.85 | 6.51 |
| ONTX | Onconova Therapeutics Inc | 2.750000 | 6759895 | None | 2.0239 | 3.81 | None |
| CYCC | Cyclacel Pharmaceuticals Inc | 4.090000 | 4251229 | None | 1.0264 | 4.24 | 2.70 |
| GLBR | Global Brokerage Inc | 2.300000 | 5602559 | 4.5098 | None | 168.78 | 106.43 |
| VISN | VisionChina Media Inc | 2.240000 | 5137098 | None | 0.3599 | 2.92 | -10.13 |
| KBSF | KBS Fashion Group Ltd | 5.950000 | 1767911 | None | 0.1056 | 14.63 | 13.73 |
| CBIO | Catalyst Biosciences Inc | 6.540000 | 1000036 | 2.4222 | 0.3336 | 10.26 | -9.14 |
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.
ADVM:NAS Adverum Biotechnologies
http://www.avalanchebiotech.com
Adverum Biotechnologies has 61 employees and is headquartered in United States.
Adverum Biotechnologies Inc is a gene therapy company committed to discovering and developing novel medicines that can offer potentially life-changing therapeutic benefit to patients living with rare diseases or diseases of the eye.
CXRX:NAS Concordia International
http://www.concordiarx.com
Concordia International has 214 employees and is headquartered in Canada.
Concordia International Corp is a diverse, international pharmaceutical company focused on legacy pharmaceutical products and orphan drugs. It has three business segments: Concordia North America, Orphan Drug Division and the Concordia International.
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.