AirMedia Group (AMCN:NAS) and ModusLink Global Solns (MLNK:NAS) 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 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 10.780000 36989000 None 9.0089 77.83 76.49
XNET Xunlei Ltd 3.320000 66183450 None 0.5437 3.69 None
AMCN AirMedia Group Inc 1.540000 62197822 None 0.2697 3.52 1.40
MLNK ModusLink Global Solutions Inc 1.530000 55554589 None 1.2331 2.02 0.96
GURE Gulf Resources Inc 1.680000 46793791 2.0741 0.2186 3.69 3.64
JRJC China Finance Online Co Ltd 1.870000 23619603 2.8118 0.5822 1.87 1.54
OREX Orexigen Therapeutics Inc 2.790000 15227802 None 0.8756 5.03 -6.60
EVK Ever-Glory International Group Inc 2.700000 14792836 4.9091 0.4734 4.06 1.89
APWC Asia Pacific Wire & Cable Corp Ltd 2.850000 13819669 13.5714 0.2897 3.49 1.44
VLRX Valeritas Holdings Inc 5.150000 6842978 3.6525 1.2026 7.48 2.64
GIGM GigaMedia Ltd 3.050000 11052235 None 0.5693 5.91 5.67
ZAIS ZAIS Group Holdings Inc 2.130000 14680782 None 0.7635 3.05 -23.63
PRPH ProPhase Labs Inc 1.920000 16159796 2.2326 0.6123 2.65 2.65
ATEC Alphatec Holdings Inc 1.810000 10857733 None None 2.35 -1.58
ANTH Anthera Pharmaceuticals Inc 1.840000 10076164 None 7.7704 2.05 0.26
DRYS DryShips Inc 1.750000 9628842 None 0.0418 41.32 22.93
ABAC Aoxin Tianli Group Inc 2.040000 7983745 14.6667 0.1921 7.08 6.75
GLBR Global Brokerage Inc 2.000000 6143305 0.9091 None 85.35 58.77
CREG China Recycling Energy Corp 1.400000 8310198 5.3846 0.0573 5.66 -0.20
VISN.DL VisionChina Media Inc 2.240000 5137098 None 0.3599 2.92 -10.13
TEAR TearLab Corp 1.570000 5735732 None None 2.27 -2.42
ROSG Rosetta Genomics Ltd 1.950000 2588086 None 1.1426 2.38 0.91
KBSF KBS Fashion Group Ltd 2.610000 1772016 None 0.0555 14.59 13.70
MDGS Medigus Ltd 2.390000 1992571 None 1.3019 4.23 None
NURO NeuroMetrix Inc 2.870000 1268465 None 0.4636 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.

AMCN:NAS AirMedia Group

http://www.airmedia.net.cn
AirMedia Group has 415 employees and is headquartered in China.
AirMedia Group Inc is a marketing agency. It manages out-of-home advertising platforms targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market.

MLNK:NAS ModusLink Global Solns

http://www.moduslink.com
ModusLink Global Solns has 2200 employees and is headquartered in United States.
ModusLink Global Solutions Inc provides supply chain management and marketing distribution services. The company develops and offers products and services to companies that are focused on e-commerce.

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