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 |
|---|---|---|---|---|---|---|---|
| MPEL | Melco Crown Entertainment Ltd | 16.110000 | 400 | 68.8462 | 2.3714 | 4078617.50 | -6134680.00 |
| TEDU | Tarena International Inc | 15.190000 | 55944298 | 26.0015 | 4.0542 | 18.31 | None |
| FXCM | FXCM Inc | 8.750000 | 5602559 | 17.1569 | None | 168.78 | 106.43 |
| CZR | Caesars Entertainment Corp | 7.500000 | 146962562 | None | None | 11.36 | -34.95 |
| SPU | SkyPeople Fruit Juice Inc | 7.390000 | 4061090 | 8.3977 | 0.1685 | 12.31 | -0.05 |
| SGNL | Signal Genetics Inc | 6.760000 | 741562 | None | 1.0698 | 7.22 | 5.73 |
| BEBE | bebe stores Inc | 5.660000 | 8007991 | None | 0.3739 | 5.90 | 11.41 |
| NVTR | Nuvectra Corp | 5.330000 | 10309065 | None | 0.5442 | 7.34 | 6.02 |
| ROKA | Roka Bioscience Inc | 4.640000 | 1841121 | None | 0.2279 | 4.87 | 1.09 |
| TTPH | Tetraphase Pharmaceuticals Inc | 4.320000 | 36904415 | None | 0.9992 | 4.39 | 5.58 |
| GECXU | Great Elm Capital Group Inc | 4.100000 | 11627964 | None | 1.4194 | 5.37 | 2.95 |
| CYCC | Cyclacel Pharmaceuticals Inc | 4.050000 | 4251229 | None | 1.0163 | 4.24 | 2.70 |
| ABAC | Aoxin Tianli Group Inc | 3.690000 | 7988245 | 16.7727 | 0.3393 | 6.85 | 6.51 |
| GLBL | TerraForm Global Inc | 3.550000 | 178053405 | None | 0.7243 | 6.23 | -0.74 |
| SBSA | Spanish Broadcasting System Inc | 3.550000 | 6507344 | None | None | 4.21 | -38.28 |
| ADVM | Adverum Biotechnologies Inc | 3.100000 | 41718515 | None | 0.5475 | 5.54 | 1.21 |
| GIGM | GigaMedia Ltd | 2.939900 | 11052235 | None | 0.5161 | 6.13 | 5.90 |
| PTX | Pernix Therapeutics Holdings Inc | 2.820000 | 9499812 | None | None | 3.00 | -28.74 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.600000 | 13819669 | 11.8182 | 0.2491 | 3.09 | 0.44 |
| ONTX | Onconova Therapeutics Inc | 2.410000 | 6759895 | None | 1.7737 | 3.81 | None |
| CADC | China Advanced Construction Materials Group Inc | 2.200000 | 2387658 | None | 0.3281 | 3.45 | -12.69 |
| EVK | Ever-Glory International Group Inc | 2.150300 | 14787940 | 3.9096 | 0.3982 | 2.59 | -0.78 |
| CXRX | Concordia International Corp | 2.150000 | 51017004 | None | 0.3643 | 3.19 | -60.38 |
| VRTB | Vestin Realty Mortgage II Inc | 2.110000 | 2384179 | None | 0.5178 | 2.17 | 2.13 |
| GURE | Gulf Resources Inc | 2.100000 | 46789137 | 2.6250 | 0.2746 | 3.02 | 2.96 |
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.
MPEL:NAS Melco Crown Entertainment
http://www.melco-crown.com
Melco Crown Entertainment has 21414 employees and is headquartered in Hong Kong.
Melco Crown Entertainment Ltd is developer, owner and operator of casino gaming and entertainment resort facilities in Asia. Its segments are City of Dreams, Altira Macau, Studio City, Mocha Clubs, Corporate and Others, and City of Dreams Manila.
FXCM:NAS FXCM
http://www.fxcm.com
FXCM has 804 employees and is headquartered in United States.
FXCM Inc is an online provider of foreign exchange trading and related services to retail and institutional customers. It offers its customers the ability to trade contract for differences, spread betting, equities and equity options.
Free Valuation
Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx.
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.