Concordia International (CXR:TSE) and Transat A.T. (TRZ:TSE) 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 TSE

Today’s data is for companies listed on the Toronto Stock Exchange.

Symbol Name Close Price Shares Outstanding P/E P/B Cash per Share Net Cash per Share
CF Canaccord Genuity Group Inc 4.770000 113511468 39.7500 1.0519 4.78 3.40
GMP GMP Capital Inc 2.810000 75471000 None 1.2312 6.59 5.74
CXR Concordia International Corp 0.680000 51282901 None None 6.66 -63.36
SWH Sunwah International Ltd 0.300000 93140000 None 0.4739 0.32 0.23
TRZ Transat A.T. Inc 9.980000 37014835 None 0.8603 20.69 13.92
CTX Crescita Therapeutics Inc 0.560000 14003000 None 0.3684 0.63 0.32
NPS Northern Power Systems Corp 0.210000 23793884 None None 0.24 0.16
TLB TearLab Corp 0.560000 5742453 None None 1.34 -3.51
LRT.UN Lanesborough Real Estate Investment Trust 0.020000 20557320 None None 0.06 -11.90
MNT Royal Canadian Mint 17.000000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.200000 4000 None None 23651.75 11260.75

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.

CXR:TSE Concordia International

http://www.concordiarx.com
Concordia International has 516 employees and is headquartered in Canada.
Concordia International Corp is a specialty pharmaceutical company which owns a diversified portfolio of branded and generic prescription products. It focuses on generic and legacy pharmaceutical products.

TRZ:TSE Transat A.T.

http://www.transat.com
Transat A.T. has 5000 employees and is headquartered in Canada.
Transat A.T. Inc company specializes in the organization, marketing and distribution of holiday travel in the tourism industry. The core of its business consists of tour operators based in Canada and Europe.

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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.