GMP Capital (GMP:TSE) and Street Capital Group (SCB: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
KML Kinder Morgan Canada Ltd 14.840000 116216564 13.0175 1.3073 37.43 -0.17
CF Canaccord Genuity Group Inc 6.190000 115706975 14.7381 1.2090 7.75 5.66
TRZ Transat A.T. Inc 5.850000 37583687 58.5000 0.3668 15.80 13.71
GMP GMP Capital Inc 2.500000 72721000 17.8571 0.9901 6.79 6.39
SCB Street Capital Group Inc 0.590000 122184000 40.0081 0.5159 0.63 0.60
FGE Fortress Global Enterprises Inc 1.400000 14949895 None 0.1927 1.68 -12.34
LXR LXRandCo Inc 0.225000 15676012 0.0389 0.3102 0.27 -0.25
EGL Eagle Energy Inc 0.065000 44244000 None 0.0361 0.17 -0.66
NKO Niko Resources Ltd 0.020000 94049967 None None 0.04 -2.15
FTU US Financial 15 Split Corp 0.510000 1904884 None None 1.20 None
MNS Royal Canadian Mint 12.390000 4000 None None 23651.75 11260.75
MNT Royal Canadian Mint 18.240000 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.

GMP:TSE GMP Capital

http://www.gmpcapital.com
GMP Capital has 300 employees and is headquartered in Canada.
GMP Capital Inc is an investment dealer located in Canada. It provides diversified financial services such as investment banking, institutional sales, trading and research services to corporate clients and institutional investors.

SCB:TSE Street Capital Group

http://www.streetcapitalgroup.ca
Street Capital Group has 218 employees and is headquartered in Canada.
Street Capital Group Inc is a financial services company which offers a broad range of deposit and residential mortgage solutions in Canada.

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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.