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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 |
---|---|---|---|---|---|---|---|
LEXEB | Liberty Expedia Holdings Inc | 49.440800 | 57252524 | 1.3014 | 1.0453 | 58.51 | -27.09 |
LEXEA | Liberty Expedia Holdings Inc | 36.960000 | 57252524 | 0.9729 | 0.7814 | 58.51 | -27.09 |
LTRPA | Liberty TripAdvisor Holdings Inc | 9.700000 | 75056405 | 97.0000 | 0.9263 | 10.30 | 0.40 |
PDLI | PDL BioPharma Inc | 2.420000 | 154338793 | 4.8400 | 0.4538 | 3.30 | 1.75 |
AXON | Axovant Sciences Ltd | 1.535000 | 107788074 | None | 1.5514 | 1.75 | 1.26 |
FWP | Forward Pharma A/S | 3.270000 | 47183999 | 2.5748 | 0.1314 | 28.75 | 0.96 |
OPHT | Ophthotech Corp | 2.760000 | 36038683 | 1.7468 | 2.2670 | 5.00 | 5.84 |
AGTC | Applied Genetic Technologies Corp | 3.850000 | 18104901 | None | 0.6247 | 3.89 | 0.44 |
APVO | Aptevo Therapeutics Inc | 3.150000 | 21428468 | None | 0.7474 | 3.54 | 2.72 |
VSAR | Versartis Inc | 1.800000 | 35809311 | None | 1.3090 | 3.32 | 3.17 |
APWC | Asia Pacific Wire & Cable Corp Ltd | 2.564000 | 13819669 | 7.5412 | 0.2401 | 3.54 | 0.44 |
GIGM | GigaMedia Ltd | 3.000000 | 11052235 | None | 0.5519 | 5.77 | 5.77 |
PTX | Pernix Therapeutics Holdings Inc | 2.260000 | 11797065 | None | None | 2.31 | -21.74 |
TNXP | Tonix Pharmaceuticals Holding Corp | 3.370000 | 7830040 | None | 0.9201 | 3.74 | 0.23 |
IPIC | IPic Entertainment Inc | 12.130000 | 12385629 | None | None | 314.50 | -14829.16 |
VLRX | Valeritas Holdings Inc | 3.050000 | 7132782 | None | 2.1984 | 4.78 | -0.13 |
ABAC | Renmin Tianli Group Inc | 2.706800 | 7983745 | 24.6073 | 0.2442 | 7.56 | 7.30 |
CYCC | Cyclacel Pharmaceuticals Inc | 1.620000 | 11904521 | None | 0.8221 | 2.19 | 0.97 |
CREG | China Recycling Energy Corp | 2.020000 | 8310198 | 193.9950 | 0.0795 | 5.81 | -0.21 |
ZSAN | Zosano Pharma Corp | 4.800000 | 1973046 | None | 0.6654 | 6.74 | 2.59 |
KBSF | KBS Fashion Group Ltd | 4.770000 | 1771132 | None | 0.1047 | 13.17 | 11.87 |
KONE | Kingtone Wirelessinfo Solution Holding Ltd | 3.860000 | 1405000 | 19.3000 | 0.2957 | 4.00 | 10.61 |
AVGR | Avinger Inc | 3.429800 | 877500 | None | None | 11.59 | -37.54 |
DCIX | Diana Containerships Inc | 2.510000 | 757193 | None | 0.0147 | 10.80 | -26.46 |
HUNT | Hunter Maritime Acquisition Corp | 9.800000 | 4312500 | None | None | 35.37 | None |
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.
FWP:NAS Forward Pharma
http://www.forward-pharma.com
Forward Pharma has 12 employees and is headquartered in Denmark.
Forward Pharma A/S is a Danish biopharmaceutical company preparing to initiate a clinical trial using FP187, a proprietary formulation of dimethyl fumarate, or DMF, for the treatment of multiple sclerosis, or MS, patients.
OPHT:NAS Ophthotech
http://www.ophthotechinc.com
Ophthotech has 156 employees and is headquartered in United States.
Ophthotech Corporation, a biopharmaceutical company, develops novel therapeutics to treat diseases of the back of the eye.
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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.