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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 | 4.900000 | 49511541 | 3.4028 | 0.4093 | 5.65 | -11.27 |
| CEMP | Cempra Inc | 3.150000 | 52509281 | None | 1.0853 | 3.56 | 3.33 |
| FWP | Forward Pharma A/S | 6.500000 | 23591999 | 0.5118 | 0.1306 | 57.50 | 1.92 |
| SRRA | Sierra Oncology Inc | 1.860000 | 52268443 | None | 0.8656 | 2.23 | 0.46 |
| OPHT | Ophthotech Corp | 2.580000 | 35942879 | None | None | 3.92 | 5.86 |
| VSAR | Versartis Inc | 2.550000 | 35629099 | None | 0.9562 | 4.02 | 3.79 |
| GURE | Gulf Resources Inc | 1.870000 | 46796848 | 2.2805 | 0.2299 | 3.77 | 3.72 |
| CXRX | Concordia International Corp | 1.220000 | 51143978 | None | None | 5.90 | -63.98 |
| JASN | Jason Industries Inc | 2.070000 | 25966381 | None | None | 2.12 | -13.97 |
| WLB | Westmoreland Coal Co | 2.530000 | 18742143 | None | None | 3.07 | -54.31 |
| APWC | Asia Pacific Wire & Cable Corp Ltd | 2.950000 | 13819669 | 14.0476 | 0.2999 | 3.49 | 1.44 |
| GIGM | GigaMedia Ltd | 3.491500 | 11052235 | None | 0.6412 | 6.01 | 5.77 |
| EVK | Ever-Glory International Group Inc | 2.250000 | 14792836 | 4.3269 | 0.3991 | 2.56 | 0.00 |
| OREX | Orexigen Therapeutics Inc | 2.040000 | 15430966 | None | None | 2.38 | -8.74 |
| ABAC | Aoxin Tianli Group Inc | 3.290000 | 7983745 | None | 0.3044 | 7.25 | 6.99 |
| PRPH | ProPhase Labs Inc | 2.080000 | 12428461 | 2.4471 | 0.5544 | 3.00 | 3.00 |
| CBIO | Catalyst Biosciences Inc | 5.550000 | 4310561 | None | 0.7884 | 7.51 | 6.18 |
| VLRX | Valeritas Holdings Inc | 2.770000 | 6842978 | 3.5532 | 1.0024 | 6.18 | 1.20 |
| CREG | China Recycling Energy Corp | 1.100000 | 8310198 | 55.0000 | 0.0442 | 5.65 | -0.24 |
| TEAR | TearLab Corp | 1.560000 | 5742453 | None | None | 1.78 | -2.98 |
| GLBR | Global Brokerage Inc | 1.400000 | 6143305 | 0.8636 | None | 77.62 | 50.74 |
| KBSF | KBS Fashion Group Ltd | 2.850000 | 1772016 | None | 0.0613 | 13.49 | 12.01 |
| KONE | Kingtone Wirelessinfo Solution Holding Ltd | 3.330000 | 1405000 | 16.6500 | 0.2551 | 4.00 | 10.61 |
| ROSG | Rosetta Genomics Ltd | 1.060000 | 2639375 | None | 0.6334 | 2.34 | 0.90 |
| LBIX | Leading Brands Inc | 0.820000 | 2802412 | None | 0.6867 | 1.30 | 0.13 |
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.
SRRA:NAS Sierra Oncology
https://www.sierraoncology.com
Sierra Oncology has 53 employees and is headquartered in Canada.
Sierra Oncology Inc is a clinical-stage drug development company engaged in next generation DNA Damage Response (DDR) therapeutics for the treatment of patients with cancer.
JASN:NAS Jason Industries
http://www.jasoninc.com
Jason Industries has 4400 employees and is headquartered in United States.
Jason Industries Inc is an industrial manufacturing company operating the following four businesses: finishing, seating, acoustics and components.
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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.