Tag Archives: CXR

GMP Capital (GMP:TSE) and Aralez Pharmaceuticals (ARZ:TSE) Trading at Less than Cash Value

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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
TRZ Transat A.T. Inc 9.140000 37436840 1.9313 0.5862 24.13 13.76
GMP GMP Capital Inc 2.700000 73914000 54.0000 1.1002 6.14 5.76
ARZ Aralez Pharmaceuticals Inc 0.380000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.250000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.365000 28116000 None 0.6019 0.40 0.89
LXR LXRandCo Inc 0.410000 15676012 None 0.2313 0.54 -0.03
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
FTU US Financial 15 Split Corp 0.415000 2809191 None None 0.81 None
MNT Royal Canadian Mint 16.750000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.020000 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.

ARZ:TSE Aralez Pharmaceuticals

http://www.aralez.com
Aralez Pharmaceuticals has 164 employees and is headquartered in Canada.
Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in delivering products to improve patients’ lives by acquiring, developing and commercializing products in cardiovascular, pain and other specialty areas.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Concordia International (CXR:TSE) and Karnalyte Resources (KRN:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.140000 113522629 238.0000 1.2750 7.60 6.40
TRZ Transat A.T. Inc 9.400000 37436840 1.9863 0.6029 24.13 13.76
GMP GMP Capital Inc 2.640000 78176271 None 1.1366 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.460000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.245000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.385000 28116000 None 0.6349 0.40 0.89
LXR LXRandCo Inc 0.495000 15676012 None 0.2793 0.54 -0.03
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
MNT Royal Canadian Mint 17.040000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.330000 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 444 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.

KRN:TSE Karnalyte Resources

http://www.karnalyte.com
Karnalyte Resources has 5 employees and is headquartered in Canada.
Karnalyte Resources Inc is engaged in in the business of exploration and development of agricultural and industrial potash. The company has the business segment which is Potash and Magnesium.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Canaccord Genuity Group (CF:TSE) and Transat A.T. (TRZ:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

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I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.340000 113522629 247.3333 1.3250 7.60 6.40
TRZ Transat A.T. Inc 9.050000 37436840 1.8595 0.5644 24.13 13.76
GMP GMP Capital Inc 2.710000 78176271 None 1.1409 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.305000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.250000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.350000 28116000 None 0.5772 0.40 0.89
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
MNT Royal Canadian Mint 17.060000 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.

CF:TSE Canaccord Genuity Group

http://www.canaccordgenuitygroup.com
Canaccord Genuity Group has 1956 employees and is headquartered in Canada.
Canaccord Genuity Group Inc is a Canada-based financial services company. It operates in two segments of the securities industry: wealth management and capital markets.

TRZ:TSE Transat A.T.

http://www.transat.com
Transat A.T. has 5055 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.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Logiq Asset Management (LGQ.DL:TSE) and Royal Canadian Mint (MNT:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.420000 113522629 247.3333 1.3250 7.60 6.40
TRZ Transat A.T. Inc 8.550000 37436840 1.8066 0.5484 24.13 13.76
GMP GMP Capital Inc 2.810000 78176271 None 1.2098 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.405000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.265000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.385000 28116000 None 0.6349 0.40 0.89
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
MNT Royal Canadian Mint 17.440000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.570000 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.

LGQ.DL:TSE Logiq Asset Management

http://www.astonhill.ca
Logiq Asset Management has 34 employees and is headquartered in Canada.
Logiq Asset Management Ltd., formerly Aston Hill Financial Inc manages, markets, distributes and administrates mutual funds, closed-end funds, private equity funds, hedge funds, and segregated institutional funds.

MNT:TSE Royal Canadian Mint

www.reserves.mint.ca
Royal Canadian Mint has 1255 employees and is headquartered in Canada.
Royal Canadian Mint is a producer of circulation, collector and bullion investment coins for the domestic and international marketplace. It also manages the support distribution system for the Government of Canada.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

GMP Capital (GMP:TSE) and Logiq Asset Management (LGQ.DL:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.250000 113522629 241.6667 1.2947 7.60 6.40
TRZ Transat A.T. Inc 8.250000 37436840 1.7433 0.5292 24.13 13.76
GMP GMP Capital Inc 2.850000 78176271 None 1.2270 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.475000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.260000 51283800 None None 6.70 -65.51
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
NPS Northern Power Systems Corp 0.085000 23853884 32.7694 None 0.09 0.03
MNT Royal Canadian Mint 17.390000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.600000 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.

LGQ.DL:TSE Logiq Asset Management

http://www.astonhill.ca
Logiq Asset Management has 34 employees and is headquartered in Canada.
Logiq Asset Management Ltd., formerly Aston Hill Financial Inc manages, markets, distributes and administrates mutual funds, closed-end funds, private equity funds, hedge funds, and segregated institutional funds.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Aralez Pharmaceuticals (ARZ:TSE) and TearLab (TLB.DL:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.130000 113522629 237.6667 1.2732 7.60 6.40
TRZ Transat A.T. Inc 8.310000 37436840 1.7559 0.5330 24.13 13.76
GMP GMP Capital Inc 2.940000 78176271 None 1.2657 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.500000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.270000 51283800 None None 6.70 -65.51
TLB.DL TearLab Corp 0.330000 10216998 None None 0.73 -2.15
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
NPS Northern Power Systems Corp 0.085000 23853884 32.7694 None 0.09 0.03
MNT Royal Canadian Mint 17.750000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.950000 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.

ARZ:TSE Aralez Pharmaceuticals

http://www.aralez.com
Aralez Pharmaceuticals has 164 employees and is headquartered in Canada.
Aralez Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in delivering products to improve patients’ lives by acquiring, developing and commercializing products in cardiovascular, pain and other specialty areas.

TLB.DL:TSE TearLab

http://www.tearlab.com
TearLab has 42 employees and is headquartered in United States.
TearLab Corp is an in-vitro diagnostic company. The Company commercialized a proprietary tear testing platform, the TearLab Osmolarity System that enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Concordia International (CXR:TSE) and Karnalyte Resources (KRN:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.160000 113522629 238.6667 1.2786 7.60 6.40
TRZ Transat A.T. Inc 7.640000 37384003 1.7685 0.5064 20.04 13.78
GMP GMP Capital Inc 2.940000 78176271 None 1.2657 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.570000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.285000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.380000 28116000 None 0.6267 0.40 0.89
TLB.DL TearLab Corp 0.330000 10216998 None None 0.73 -2.15
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
MNT Royal Canadian Mint 17.950000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 13.400000 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 444 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.

KRN:TSE Karnalyte Resources

http://www.karnalyte.com
Karnalyte Resources has 5 employees and is headquartered in Canada.
Karnalyte Resources Inc is engaged in in the business of exploration and development of agricultural and industrial potash. The company has the business segment which is Potash and Magnesium.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

Canaccord Genuity Group (CF:TSE) and Transat A.T. (TRZ:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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 7.140000 113522629 235.3333 1.2607 7.60 6.40
TRZ Transat A.T. Inc 8.200000 37384003 1.8912 0.5416 20.04 13.78
GMP GMP Capital Inc 2.970000 78176271 None 1.2873 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.600000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.270000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.380000 28116000 None 0.6267 0.40 0.89
TLB.DL TearLab Corp 0.330000 10216998 None None 0.73 -2.15
LGQ.DL Logiq Asset Management Ltd. 0.010000 327115071 None 0.4707 0.01 0.00
MNT Royal Canadian Mint 17.870000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 13.180000 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.

CF:TSE Canaccord Genuity Group

http://www.canaccordgenuitygroup.com
Canaccord Genuity Group has 1711 employees and is headquartered in Canada.
Canaccord Genuity Group Inc is a Canada-based financial services company. It operates in two segments of the securities industry: wealth management and capital markets.

TRZ:TSE Transat A.T.

http://www.transat.com
Transat A.T. has 5055 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.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

TearLab (TLB.DL:TSE) and Royal Canadian Mint (MNT:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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
TRZ Transat A.T. Inc 8.450000 37384003 1.9560 0.5601 20.04 13.78
GMP GMP Capital Inc 2.820000 78176271 None 1.2141 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.510000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.245000 51283800 None None 6.70 -65.51
TLB.DL TearLab Corp 0.330000 10216998 None None 0.73 -2.15
MNT Royal Canadian Mint 17.770000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.800000 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.

TLB.DL:TSE TearLab

http://www.tearlab.com
TearLab has 42 employees and is headquartered in United States.
TearLab Corp is an in-vitro diagnostic company. The Company commercialized a proprietary tear testing platform, the TearLab Osmolarity System that enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film.

MNT:TSE Royal Canadian Mint

www.reserves.mint.ca
Royal Canadian Mint has 1255 employees and is headquartered in Canada.
Royal Canadian Mint is a producer of circulation, collector and bullion investment coins for the domestic and international marketplace. It also manages the support distribution system for the Government of Canada.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

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.

GMP Capital (GMP:TSE) and TearLab (TLB.DL:TSE) Trading at Less than Cash Value

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/TopPicks.aspx.

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
TRZ Transat A.T. Inc 8.420000 37384003 1.9491 0.5581 20.04 13.78
GMP GMP Capital Inc 2.900000 78176271 None 1.2485 7.14 6.54
ARZ Aralez Pharmaceuticals Inc 0.500000 67194277 None 1.8573 0.65 -3.43
CXR Concordia International Corp 0.355000 51283800 None None 6.70 -65.51
KRN Karnalyte Resources Inc 0.400000 28116000 None 0.6597 0.40 0.89
TLB.DL TearLab Corp 0.330000 10216998 None None 0.73 -2.15
LRT.UN Lanesborough Real Estate Investment Trust 0.010000 20557320 None None 0.06 -11.72
MNT Royal Canadian Mint 17.870000 4000 None None 23651.75 11260.75
MNS Royal Canadian Mint 12.750000 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.

TLB.DL:TSE TearLab

http://www.tearlab.com
TearLab has 42 employees and is headquartered in United States.
TearLab Corp is an in-vitro diagnostic company. The Company commercialized a proprietary tear testing platform, the TearLab Osmolarity System that enables eye care practitioners to test for sensitive and specific biomarkers using nanoliters of tear film.

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