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 | 8.500000 | 146962562 | None | None | 11.36 | -34.95 |
| TEDU | Tarena International Inc | 14.990000 | 55944298 | 25.6999 | 4.0072 | 18.31 | None |
| GLBL | TerraForm Global Inc | 3.950000 | 174549754 | None | 0.9999 | 5.28 | -1.81 |
| NIHD | NII Holdings Inc | 2.150000 | 100783074 | 0.2873 | 0.8525 | 2.87 | -3.64 |
| IMGN | Immunogen Inc | 2.040000 | 87301341 | None | None | 2.25 | 1.14 |
| AMCN | AirMedia Group Inc | 2.455000 | 62197822 | None | 0.4299 | 3.52 | 1.40 |
| TTPH | Tetraphase Pharmaceuticals Inc | 4.030000 | 36904415 | None | 0.9321 | 4.39 | 5.58 |
| CEMP | Cempra Inc | 2.800000 | 52381530 | None | 0.7056 | 4.75 | 4.43 |
| ADVM | Adverum Biotechnologies Inc | 2.900000 | 41718515 | None | 0.5121 | 5.54 | 1.21 |
| CXRX | Concordia International Corp | 2.120000 | 51017004 | None | 0.3593 | 3.19 | -60.38 |
| NVTR | Nuvectra Corp | 5.030000 | 10309065 | None | 0.5136 | 7.34 | 6.02 |
| BEBE | bebe stores Inc | 5.090000 | 8007991 | None | 0.3362 | 5.90 | 11.41 |
| FXCM | FXCM Inc | 7.050000 | 5602559 | 13.8235 | None | 168.78 | 106.43 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.800000 | 13819669 | 12.7273 | 0.2682 | 3.09 | 0.44 |
| GIGM | GigaMedia Ltd | 2.920000 | 11052235 | None | 0.5126 | 6.13 | 5.90 |
| EVK | Ever-Glory International Group Inc | 2.050000 | 14787940 | 3.7273 | 0.3796 | 2.59 | -0.78 |
| ABAC | Aoxin Tianli Group Inc | 3.617700 | 7988245 | 16.4441 | 0.3327 | 6.85 | 6.51 |
| SPU | SkyPeople Fruit Juice Inc | 6.600000 | 4061090 | 66.0000 | 0.1332 | 14.79 | 2.97 |
| SBSA | Spanish Broadcasting System Inc | 3.100000 | 6507344 | None | None | 4.21 | -38.28 |
| ONTX | Onconova Therapeutics Inc | 2.270000 | 6759895 | None | 1.6707 | 3.81 | None |
| CDOR | Condor Hospitality Trust Inc | 2.039700 | 4956835 | 4.4300 | 3.1704 | 2.29 | -10.79 |
| ROKA | Roka Bioscience Inc | 4.240000 | 1841121 | None | 0.2082 | 4.87 | 1.09 |
| CADC | China Advanced Construction Materials Group Inc | 2.186100 | 2387658 | None | 0.3260 | 3.45 | -12.69 |
| ETRM | EnteroMedics Inc | 2.000000 | 2389214 | None | 4.1364 | 2.86 | 0.49 |
| SGNL | Signal Genetics Inc | 5.010000 | 741562 | None | 0.7928 | 7.22 | 5.73 |
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.
GLBL:NAS TerraForm Global
http://www.terraform.com
TerraForm Global has None employees and is headquartered in United States.
TerraForm Global Inc and its subsidiaries is a diversified renewable energy company that owns long-term contracted solar and wind power plants. The Company’s portfolio consists of solar and wind power plants.
NIHD:NAS NII Holdings
http://www.nii.com
NII Holdings has 2875 employees and is headquartered in United States.
NII Holdings Inc provides wireless communication services under the Nextel brand. The Company’s services include mobile telephone voice service, push-to-talk services, wireless data services, business solutions and voice and data roaming services.
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.