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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 |
---|---|---|---|---|---|---|---|
YTRA | Yatra Online Inc | 9.090000 | 36989000 | None | 7.6654 | 77.83 | 76.49 |
XNET | Xunlei Ltd | 3.550000 | 66183450 | None | 0.5813 | 3.69 | None |
CEMP | Cempra Inc | 3.850000 | 52503483 | None | 1.2415 | 3.86 | 3.60 |
AMCN | AirMedia Group Inc | 1.790000 | 62197822 | None | 0.3135 | 3.52 | 1.40 |
GURE | Gulf Resources Inc | 1.830000 | 46793791 | 2.2593 | 0.2381 | 3.69 | 3.64 |
OPHT | Ophthotech Corp | 2.340000 | 35852827 | None | None | 2.58 | 5.87 |
UTSI | UTStarcom Holdings Corp | 2.140000 | 36460201 | None | 0.8239 | 2.23 | 8.49 |
JRJC | China Finance Online Co Ltd | 2.040000 | 23619603 | 2.8118 | 0.5592 | 2.80 | 1.54 |
OREX | Orexigen Therapeutics Inc | 2.970000 | 15227802 | None | 0.8756 | 5.03 | -6.60 |
EVK | Ever-Glory International Group Inc | 2.600000 | 14792836 | 4.7273 | 0.4559 | 4.06 | 1.89 |
APWC | Asia Pacific Wire & Cable Corp Ltd | 2.650000 | 13819669 | 12.6190 | 0.2694 | 3.49 | 1.44 |
VLRX | Valeritas Holdings Inc | 5.000000 | 6842978 | 3.5461 | 1.1676 | 7.48 | 2.64 |
PRPH | ProPhase Labs Inc | 1.890000 | 17156776 | 2.1977 | 0.6400 | 2.49 | 2.49 |
GIGM | GigaMedia Ltd | 2.917300 | 11052235 | None | 0.5445 | 5.91 | 5.67 |
ZAIS | ZAIS Group Holdings Inc | 2.190000 | 14680782 | None | 0.7850 | 3.05 | -23.63 |
DRYS | DryShips Inc | 2.830000 | 9628842 | None | 0.0675 | 41.32 | 22.93 |
ATEC | Alphatec Holdings Inc | 1.990000 | 10857733 | None | None | 2.35 | -1.58 |
ANTH | Anthera Pharmaceuticals Inc | 1.670000 | 10076164 | None | 7.0525 | 2.05 | 0.26 |
ABAC | Aoxin Tianli Group Inc | 2.039000 | 7983745 | 14.6667 | 0.1920 | 7.08 | 6.75 |
TEAR | TearLab Corp | 2.040000 | 5735732 | None | None | 2.27 | -2.42 |
GLBR | Global Brokerage Inc | 1.900000 | 6143305 | 0.8636 | None | 85.35 | 58.77 |
VISN.DL | VisionChina Media Inc | 2.240000 | 5137098 | None | 0.3599 | 2.92 | -10.13 |
KBSF | KBS Fashion Group Ltd | 3.910000 | 1772016 | None | 0.0831 | 14.59 | 13.70 |
ROSG | Rosetta Genomics Ltd | 1.960000 | 2588086 | None | 1.1484 | 2.38 | 0.91 |
NURO | NeuroMetrix Inc | 3.450000 | 1268465 | None | 0.5573 | 5.44 | 7.25 |
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.
UTSI:NAS UTStarcom Holdings
http://www.utstar.com
UTStarcom Holdings has 442 employees and is headquartered in Hong Kong.
UTStarcom Holdings Corp is a telecom infrastructure provider. The Company is engaged in developing technology that will serve the rapidly growing demand for bandwidth from mobile, streaming and other applications.
JRJC:NAS China Finance Online Co
http://www.jrj.com.cn
China Finance Online Co has 1900 employees and is headquartered in China.
China Finance Online Co Ltd provides financial information and services including news, data, analytics, securities investment advisory and brokerage-related services.
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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.