Centrus Energy (LEU:ASE) and Emerson Radio (MSN:ASE) Trading at Less than Cash Value

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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 6.270000 9000000 None None 18.98 -7.03
MSN Emerson Radio Corp 1.120000 27129832 None 0.5624 1.44 0.97
ALN American Lorain Corp 0.600000 38274490 60.0000 0.1166 0.98 -0.62
BRN Barnwell Industries Inc 1.690000 8277160 28.1667 0.9398 1.86 1.88
IMUC ImmunoCellular Therapeutics Ltd 2.420000 3444895 None 0.7167 4.44 None
MPO Midstates Petroleum Co Inc 0.140100 24699900 None None 11.32 -74.90
NSPR InspireMD Inc 2.260000 1432542 None 0.5198 7.31 4.76

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

Centrus Energy has 446 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.

MSN:ASE Emerson Radio

Emerson Radio has 32 employees and is headquartered in United States.
Emerson Radio Corp designs, sources, imports and markets housewares and consumer electronic products and licenses its trademarks to others for products domestically and internationally.

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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.