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 | 9.700000 | 147184937 | None | None | 10.28 | -36.18 |
| TEDU | Tarena International Inc | 16.340000 | 56055497 | 27.7871 | 4.3412 | 18.27 | None |
| YTRA | Yatra Online Inc | 8.140000 | 33809313 | None | 6.4755 | 85.15 | 83.68 |
| CEMP | Cempra Inc | 3.650000 | 52392905 | None | 1.0430 | 4.42 | 4.13 |
| NIHD | NII Holdings Inc | 1.850000 | 100783074 | 0.2472 | 0.7336 | 2.87 | -3.64 |
| AMCN | AirMedia Group Inc | 2.550000 | 62197822 | None | 0.4466 | 3.52 | 1.40 |
| OPHT | Ophthotech Corp | 3.640000 | 35808442 | None | None | 3.74 | 5.88 |
| ADVM | Adverum Biotechnologies Inc | 2.850000 | 41718515 | None | 0.5033 | 5.54 | 1.21 |
| CXRX | Concordia International Corp | 2.050000 | 51017004 | None | 0.3474 | 3.19 | -60.38 |
| GURE | Gulf Resources Inc | 1.940000 | 46789137 | 2.4250 | 0.2537 | 3.02 | 2.96 |
| OREX | Orexigen Therapeutics Inc | 4.310000 | 14586771 | None | 0.8563 | 5.10 | -8.67 |
| BEBE | bebe stores Inc | 6.700000 | 8066805 | None | 0.4667 | 8.28 | 11.33 |
| TRIL | Trillium Therapeutics Inc | 5.950000 | 7817883 | None | 1.8511 | 7.11 | 7.08 |
| DMTX | Dimension Therapeutics Inc | 1.850000 | 25043506 | None | 0.6431 | 2.99 | 2.72 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.700000 | 13819669 | 12.2727 | 0.2587 | 3.09 | 0.44 |
| EVK | Ever-Glory International Group Inc | 2.500000 | 14787940 | 4.5455 | 0.4629 | 2.59 | -0.78 |
| GIGM | GigaMedia Ltd | 3.010000 | 11052235 | None | 0.5284 | 6.13 | 5.90 |
| ABAC | Aoxin Tianli Group Inc | 2.710000 | 7988245 | 12.3182 | 0.2492 | 6.85 | 6.51 |
| ONTX | Onconova Therapeutics Inc | 2.690000 | 6759895 | None | 1.9798 | 3.81 | None |
| CYCC | Cyclacel Pharmaceuticals Inc | 3.492000 | 4251229 | None | 0.8763 | 4.24 | 2.70 |
| GLBR | Global Brokerage Inc | 2.500000 | 5602559 | 4.9020 | None | 168.78 | 106.43 |
| VISN | VisionChina Media Inc | 2.290000 | 5137098 | None | 0.3679 | 2.92 | -10.13 |
| KBSF | KBS Fashion Group Ltd | 6.590000 | 1767911 | None | 0.1170 | 14.63 | 13.73 |
| CDOR | Condor Hospitality Trust Inc | 2.100000 | 4956835 | None | 3.2641 | 2.29 | -10.79 |
| CBIO | Catalyst Biosciences Inc | 6.200000 | 801760 | 2.2963 | 0.2536 | 11.62 | -25.38 |
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.
AMCN:NAS AirMedia Group
http://www.airmedia.net.cn
AirMedia Group has 415 employees and is headquartered in China.
AirMedia Group Inc is an operator of out-of-home advertising platforms targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market. It holds concession rights to install and operate Wi-Fi systems on trains.
OPHT:NAS Ophthotech
http://www.ophthotechinc.com
Ophthotech has 156 employees and is headquartered in United States.
Ophthotech Corp is a biopharmaceutical company. The Company is engaged in the development of novel therapeutics to treat diseases of the back of the eye, developing therapeutics for age-related muscular degeneration.
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.