Smiths Group (FRA:QS2A) Net Cash per Share : €-5.98 (As of Jan. 2024)

Smiths Group Net Cash per Share Chart

Smiths Group Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Net Cash per Share		Get a 7-Day Free Trial					-7.49	-7.46	-7.46	-4.78	-5.62

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Net Cash per Share	Get a 7-Day Free Trial															-3.15	-4.78	-5.57	-5.62	-5.98

Competitive Comparison of Smiths Group's Net Cash per Share

For the Specialty Industrial Machinery subindustry, Smiths Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Smiths Group's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Smiths Group's Price-to-Net-Cash falls into.

Smiths Group Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Smiths Group's Net Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as

Smiths Group's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smiths Group  (FRA:QS2A) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Smiths Group Net Cash per Share Related Terms

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Smiths Group (FRA:QS2A) Business Description