GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (NYSE:NOAH) » Definitions » Net Cash per Share

Noah Holdings (Noah Holdings) Net Cash per Share

: $6.72 (As of Sep. 2023)
View and export this data going back to 2010. Start your Free Trial

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). Noah Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 was $6.72.

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

NOAH' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.52   Med: 7.06   Max: 4628
Current: 1.77

During the past 13 years, the highest Price-to-Net-Cash Ratio of Noah Holdings was 4628.00. The lowest was 0.52. And the median was 7.06.

NOAH's Price-to-Net-Cash is ranked better than
78.2% of 500 companies
in the Asset Management industry
Industry Median: 6.785 vs NOAH: 1.77

Noah Holdings Net Cash per Share Historical Data

The historical data trend for Noah Holdings'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.

Noah Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 6.94 9.64 2.25 5.33

Noah Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Cash per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.39 5.33 6.01 6.06 6.72

Competitive Comparison

For the Asset Management subindustry, Noah Holdings'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.


Noah Holdings Price-to-Net-Cash Distribution

For the Asset Management industry and Financial Services sector, Noah Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Noah Holdings 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.

Noah Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(677.008-329.57-13.595)/62.6039
=5.33

Noah Holdings's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(735.475-318.658-0)/62.0521
=6.72

* 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.


Noah Holdings  (NYSE:NOAH) 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.


Noah Holdings Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Noah Holdings's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Noah Holdings (Noah Holdings) Business Description

Traded in Other Exchanges
Address
1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.