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Valener (TSX:VNR.PR.A.PFD) Net Cash per Share : C$0.00 (As of Jun. 2019)


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What is Valener 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). Valener's Net Cash per Share for the quarter that ended in Jun. 2019 was C$0.00.

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

TSX:VNR.PR.A.PFD's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 9.37
* Ranked among companies with meaningful Price-to-Net-Cash only.

Valener Net Cash per Share Historical Data

The historical data trend for Valener'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.

Valener Net Cash per Share Chart

Valener Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Net Cash per Share
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Valener Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Valener's Net Cash per Share

For the Utilities - Regulated Gas subindustry, Valener'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.


Valener's Price-to-Net-Cash Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Valener's Price-to-Net-Cash distribution charts can be found below:

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



Valener 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.

Valener's Net Cash per Share for the fiscal year that ended in Sep. 2018 is calculated as

Net Cash per Share (A: Sep. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.124-150.036-0)/0
=N/A

Valener's Net Cash per Share for the quarter that ended in Jun. 2019 is calculated as

Net Cash per Share (Q: Jun. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.116-158.256-0)/0
=N/A

* 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.


Valener  (TSX:VNR.PR.A.PFD) 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.


Valener Net Cash per Share Related Terms

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Valener (TSX:VNR.PR.A.PFD) Business Description

Traded in Other Exchanges
N/A
Address
1717 du Havre Street, Montreal, QC, CAN, H2K 2X3
Valener Inc is an investment holding company engaged in the regulated energy business in the United States and Canada through Gaz Metro. Its core business operations involve natural gas distribution in Quebec and Vermont as well as electricity distribution in Vermont. The company through its subsidiaries holds the interest in wind farm business. It serves more than 200,000 customers in Quebec and over 310,000 customers in Vermont.

Valener (TSX:VNR.PR.A.PFD) Headlines

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