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SFSB (SFBI) Net Cash per Share

: $-59.97 (As of Mar. 2009)
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Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). SFSB's Net Cash per Share for the quarter that ended in Mar. 2009 was $-59.97.

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

SFBI's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

SFSB Net Cash per Share Historical Data

The historical data trend for SFSB'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.

SFSB Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Net Cash per Share
-46.06 -49.38 -53.63 -53.19 -57.41

SFSB Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 -54.17 -56.22 -56.06 -57.41 -59.97

Competitive Comparison

For the Banks - Regional subindustry, SFSB'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.


SFSB Price-to-Net-Cash Distribution

For the Banks industry and Financial Services sector, SFSB's Price-to-Net-Cash distribution charts can be found below:

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



SFSB 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.

SFSB's Net Cash per Share for the fiscal year that ended in Dec. 2008 is calculated as

Net Cash per Share (A: Dec. 2008 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.622+0-159.745-0)/2.75409
=-57.41

SFSB's Net Cash per Share for the quarter that ended in Mar. 2009 is calculated as

Net Cash per Share (Q: Mar. 2009 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.633+0-165.01-0)/2.70765
=-59.97

* 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.


SFSB  (OTCPK:SFBI) 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.


SFSB Net Cash per Share Related Terms

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SFSB (SFBI) Business Description

Traded in Other Exchanges
N/A
Address
1614 Churchville Road, Bel Air, MD, USA, 21015
SFSB Inc is a holding company engaged in the business of attracting deposits and investing those funds, together with funds generated from operations and borrowings in residential real estate & commercial mortgage loans.

SFSB (SFBI) Headlines

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