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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 |
|---|---|---|---|---|---|---|---|
| CXDC | China XD Plastics Co Ltd | 4.700000 | 49511541 | 3.2639 | 0.3926 | 5.65 | -11.27 |
| CEMP | Cempra Inc | 3.375000 | 52509281 | None | 1.1628 | 3.56 | 3.33 |
| FWP | Forward Pharma A/S | 6.030000 | 23591999 | 0.4748 | 0.1211 | 57.50 | 1.92 |
| MLNK | ModusLink Global Solutions Inc | 1.940000 | 55554589 | None | 1.5636 | 2.02 | 0.96 |
| OPHT | Ophthotech Corp | 2.780000 | 35942879 | None | None | 3.92 | 5.86 |
| VSAR | Versartis Inc | 2.600000 | 35629099 | None | 0.9749 | 4.02 | 3.79 |
| GURE | Gulf Resources Inc | 1.870000 | 46796848 | 2.2805 | 0.2299 | 3.77 | 3.72 |
| SRRA | Sierra Oncology Inc | 1.590000 | 52268443 | None | 0.7400 | 2.23 | 0.46 |
| INFI | Infinity Pharmaceuticals Inc | 1.220000 | 50689512 | None | 1.0499 | 1.31 | 1.10 |
| WLB | Westmoreland Coal Co | 2.880000 | 18742143 | None | None | 3.07 | -54.31 |
| JASN | Jason Industries Inc | 1.560000 | 25966381 | None | None | 2.12 | -13.97 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.900000 | 13819669 | 13.8095 | 0.2948 | 3.49 | 1.44 |
| GIGM | GigaMedia Ltd | 3.220000 | 11052235 | None | 0.5913 | 6.01 | 5.77 |
| PRPH | ProPhase Labs Inc | 2.140000 | 16166796 | 2.5176 | 0.7420 | 2.31 | 2.31 |
| EVK | Ever-Glory International Group Inc | 2.300000 | 14792836 | 4.4231 | 0.4080 | 2.56 | 0.00 |
| OREX | Orexigen Therapeutics Inc | 2.100000 | 15430966 | None | None | 2.38 | -8.74 |
| TNXP | Tonix Pharmaceuticals Holding Corp | 4.310000 | 7508661 | None | 0.9527 | 4.58 | 0.24 |
| VLRX | Valeritas Holdings Inc | 3.230000 | 6842978 | 3.5532 | 1.1689 | 6.18 | 1.20 |
| CBIO | Catalyst Biosciences Inc | 5.070000 | 4310561 | None | 0.7202 | 7.51 | 6.18 |
| ABAC | Aoxin Tianli Group Inc | 2.250000 | 7983745 | None | 0.2082 | 7.25 | 6.99 |
| GLBR | Global Brokerage Inc | 1.650000 | 6143305 | 0.8636 | None | 77.62 | 50.74 |
| TEAR | TearLab Corp | 1.290000 | 5742453 | None | None | 1.78 | -2.98 |
| KBSF | KBS Fashion Group Ltd | 2.580000 | 1772016 | None | 0.0555 | 13.49 | 12.01 |
| KONE | Kingtone Wirelessinfo Solution Holding Ltd | 2.913300 | 1405000 | 14.5665 | 0.2232 | 4.00 | 10.61 |
| ORIG | Ocean Rig UDW Inc | 23.490000 | 9001 | None | 0.0013 | 104613.15 | -317620.38 |
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.
FWP:NAS Forward Pharma
http://www.forward-pharma.com
Forward Pharma has 12 employees and is headquartered in Denmark.
Forward Pharma A/S is a Danish biopharmaceutical company preparing to initiate a clinical trial using FP187, a proprietary formulation of dimethyl fumarate, or DMF, for the treatment of multiple sclerosis, or MS, patients.
INFI:NAS Infinity Pharmaceuticals
http://www.infi.com
Infinity Pharmaceuticals has 23 employees and is headquartered in United States.
Infinity Pharmaceuticals Inc is a biopharmaceutical company engaged in discovering, developing and delivering medicines to people with difficult-to-treat diseases.
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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.