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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 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 |
---|---|---|---|---|---|---|---|
LEU | Centrus Energy Corp | 2.650000 | 9038751 | None | None | 15.50 | -1.68 |
GST | Gastar Exploration Inc | 0.095200 | 218933504 | None | None | 0.23 | -1.42 |
HMG | HMG/Courtland Properties Inc | 14.347700 | 1013292 | 3.0306 | 0.6451 | 19.49 | 18.17 |
TKAT | Takung Art Co Ltd | 0.897500 | 11226025 | None | 0.5838 | 0.92 | 0.28 |
NSPR | InspireMD Inc | 0.193200 | 23784846 | None | 1.1213 | 0.27 | 0.16 |
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.
LEU:ASE Centrus Energy
http://www.centrusenergy.com
Centrus Energy has 290 employees and is headquartered in United States.
Centrus Energy Corp is engaged in supplying low enriched uranium (LEU) for commercial nuclear power plants. The LEU is used for the production of nuclear fuel for reactors to produce electricity.
GST:ASE Gastar Exploration
http://www.gastar.com
Gastar Exploration has 46 employees and is headquartered in United States.
Gastar Exploration Inc is an independent energy company. It is engaged in the exploration, development and production of oil, condensate, natural gas and NGLs.
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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.