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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 NYSE
Today’s data is for companies listed on the New York Stock Exchange.
Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
---|---|---|---|---|---|---|---|
FPH | Five Point Holdings LLC | 7.440000 | 66527880 | 19.0769 | 0.8181 | 10.20 | 1.84 |
FLY | Fly Leasing Ltd | 13.350000 | 27983352 | 12.7143 | 0.6351 | 14.53 | -75.67 |
SDLP | Seadrill Partners LLC | 3.330000 | 91821600 | 1.5504 | 0.2164 | 8.78 | -26.75 |
DBD | Diebold Nixdorf Inc | 3.720000 | 76093756 | None | 1.2470 | 3.93 | -20.84 |
XIN | Xinyuan Real Estate Co Ltd | 3.750000 | 64423309 | 8.7209 | 0.3553 | 16.55 | -39.31 |
HOV | Hovnanian Enterprises Inc | 1.420000 | 148385821 | None | None | 1.50 | -9.64 |
SN | Sanchez Energy Corp | 1.960000 | 87437540 | None | None | 5.01 | -22.31 |
KODK | Eastman Kodak Co | 2.490000 | 42671808 | 2.5152 | 8.8544 | 6.44 | -2.95 |
NM | Navios Maritime Holdings Inc | 0.501400 | 124706280 | None | 0.1383 | 0.95 | -12.41 |
MFCB | MFC Bancorp Ltd | 4.770000 | 12534801 | None | 0.2809 | 5.97 | 1.23 |
GSL | Global Ship Lease Inc | 0.850010 | 55015690 | None | 0.1798 | 1.27 | -5.84 |
ANW | Aegean Marine Petroleum Network Inc | 1.010000 | 40640422 | 3.0278 | 0.0696 | 1.84 | -19.72 |
MN | Manning & Napier Inc | 2.060000 | 15333041 | 15.8462 | 0.1975 | 5.03 | 5.30 |
CGA | China Green Agriculture Inc | 0.639700 | 38896945 | 1.1869 | 0.0634 | 3.88 | 3.57 |
CBK | Christopher & Banks Corp | 0.561500 | 38422693 | None | 0.5362 | 0.60 | 1.06 |
PKD | Parker Drilling Co | 2.190000 | 9317754 | None | 0.0846 | 12.28 | -49.84 |
RRTS | Roadrunner Transportation Systems Inc | 0.425000 | 38507498 | None | 0.3485 | 0.93 | -3.97 |
JONE | Jones Energy Inc | 2.980000 | 5143237 | None | 0.0379 | 28.79 | -161.50 |
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.
FPH:NYS Five Point Holdings
http://www.fivepoint.com
Five Point Holdings has 200 employees and is headquartered in United States.
Five Point Holdings LLC is an owner and developer of mixed-use, master-planned communities in coastal California. The house sales generates maximum revenue for the company.
HOV:NYS Hovnanian Enterprises
http://www.khov.com
Hovnanian Enterprises has 1905 employees and is headquartered in United States.
Hovnanian Enterprises Inc is an American construction company. It designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments.
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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.