Aeroflex Industries (NSE:AEROFLEX) Net Cash per Share : ₹1.85 (As of Mar. 2024)

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What is Aeroflex Industries Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Aeroflex Industries's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹1.85.

The historical rank and industry rank for Aeroflex Industries's Net Cash per Share or its related term are showing as below:

NSE:AEROFLEX' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 65.65 Med: 65.65 Max: 76.08
Current: 75.89

During the past 5 years, the highest Price-to-Net-Cash Ratio of Aeroflex Industries was 76.08. The lowest was 65.65. And the median was 65.65.

NSE:AEROFLEX's Price-to-Net-Cash is ranked worse than
91.34% of 670 companies
in the Industrial Products industry
Industry Median: 8.57 vs NSE:AEROFLEX: 75.89

Aeroflex Industries Net Cash per Share Historical Data

The historical data trend for Aeroflex Industries's Net Cash per Share can be seen below:

* 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.

* Premium members only.

Aeroflex Industries Net Cash per Share Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Net Cash per Share

-7.71

-7.68

-6.87

-7.24

1.85

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Net Cash per Share	Get a 7-Day Free Trial			-6.87	-	-7.24	1.52	1.85

Competitive Comparison of Aeroflex Industries's Net Cash per Share

For the Metal Fabrication subindustry, Aeroflex Industries'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.

Aeroflex Industries's Price-to-Net-Cash Distribution in the Industrial Products Industry

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

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

Aeroflex Industries 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.

Aeroflex Industries's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

	Net Cash per Share (A: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1057.231	-	818.197	-	0)	/	129.32
=	1.85

Aeroflex Industries's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

	Net Cash per Share (Q: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1057.231	-	818.197	-	0)	/	129.32
=	1.85

Aeroflex Industries (NSE:AEROFLEX) 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.

Aeroflex Industries Net Cash per Share Related Terms

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Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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