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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 |
|---|---|---|---|---|---|---|---|
| YTRA | Yatra Online Inc | 9.190000 | 36989000 | None | 7.7197 | 77.83 | 76.49 |
| XNET | Xunlei Ltd | 3.540000 | 66183450 | None | 0.5797 | 3.69 | None |
| CEMP | Cempra Inc | 3.700000 | 52503483 | None | 1.1932 | 3.86 | 3.60 |
| AMCN | AirMedia Group Inc | 1.720000 | 62197822 | None | 0.3012 | 3.52 | 1.40 |
| OPHT | Ophthotech Corp | 2.330000 | 35852827 | None | None | 2.58 | 5.87 |
| GURE | Gulf Resources Inc | 1.760000 | 46793791 | 2.1728 | 0.2290 | 3.69 | 3.64 |
| UTSI | UTStarcom Holdings Corp | 2.170000 | 36460201 | None | 0.8354 | 2.23 | 8.49 |
| JRJC | China Finance Online Co Ltd | 2.070000 | 23619603 | 2.8118 | 0.5674 | 2.80 | 1.54 |
| OREX | Orexigen Therapeutics Inc | 2.930000 | 15227802 | None | 0.8756 | 5.03 | -6.60 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.864300 | 13819669 | 13.6395 | 0.2912 | 3.49 | 1.44 |
| EVK | Ever-Glory International Group Inc | 2.600000 | 14792836 | 4.7273 | 0.4559 | 4.06 | 1.89 |
| PRPH | ProPhase Labs Inc | 1.910000 | 17156776 | 2.2209 | 0.6467 | 2.49 | 2.49 |
| VLRX | Valeritas Holdings Inc | 4.730000 | 6842978 | 3.3546 | 1.1045 | 7.48 | 2.64 |
| ZAIS | ZAIS Group Holdings Inc | 2.200000 | 14680782 | None | 0.7886 | 3.05 | -23.63 |
| GIGM | GigaMedia Ltd | 2.920000 | 11052235 | None | 0.5450 | 5.91 | 5.67 |
| DRYS | DryShips Inc | 2.720000 | 9628842 | None | 0.0649 | 41.32 | 22.93 |
| ATEC | Alphatec Holdings Inc | 1.970000 | 10857733 | None | None | 2.35 | -1.58 |
| ABAC | Aoxin Tianli Group Inc | 2.060000 | 7983745 | 14.6667 | 0.1939 | 7.08 | 6.75 |
| ANTH | Anthera Pharmaceuticals Inc | 1.600000 | 10076164 | None | 6.7569 | 2.05 | 0.26 |
| GLBR | Global Brokerage Inc | 2.050000 | 6143305 | 0.9318 | None | 85.35 | 58.77 |
| VISN.DL | VisionChina Media Inc | 2.240000 | 5137098 | None | 0.3599 | 2.92 | -10.13 |
| TEAR | TearLab Corp | 2.000000 | 5735732 | None | None | 2.27 | -2.42 |
| KBSF | KBS Fashion Group Ltd | 3.880000 | 1772016 | None | 0.0824 | 14.59 | 13.70 |
| ROSG | Rosetta Genomics Ltd | 2.150000 | 2588086 | None | 1.2598 | 2.38 | 0.91 |
| NURO | NeuroMetrix Inc | 3.430000 | 1268465 | None | 0.5541 | 5.44 | 7.25 |
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.
YTRA:NAS Yatra Online
http://www.terrapin3.com
Yatra Online has 2 employees and is headquartered in United States.
Yatra Online Inc is a development stage company. It is organized as a blank check company.
OREX:NAS Orexigen Therapeutics
http://www.orexigen.com
Orexigen Therapeutics has 132 employees and is headquartered in United States.
Orexigen Therapeutics Inc is a biopharmaceutical company engaged in development of pharmaceutical product candidates for the treatment of obesity. Its product Contrave used for chronic weight management in adults.
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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.