BTGOF (BT Group) Beginning Cash Position: $672 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTGOF BT Group PLC BTGOF
64 GF Score
Price $2.55
GF Value $1.83
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BT Group Beginning Cash Position?

BT Group BTGOF -2.86% 64 Beginning Cash Position is $672 Mil as of Mar. 2026. GuruFocus rates BTGOF with a GF Score™ of 64/100 and a GF Value™ of $1.83 (Significantly Overvalued). The stock has 6 warning signs investors should review.

BT Group's Beginning Cash Position for the quarter that ended in Mar. 2026 was $672 Mil.

BT Group's quarterly Beginning Cash Position declined from Mar. 2025 ($324 Mil) to Sep. 2025 ($289 Mil) but then increased from Sep. 2025 ($289 Mil) to Mar. 2026 ($672 Mil).

BT Group's annual Beginning Cash Position declined from Mar. 2024 ($484 Mil) to Mar. 2025 ($460 Mil) and declined from Mar. 2025 ($460 Mil) to Mar. 2026 ($285 Mil).


BT Group Beginning Cash Position Related Terms


BT Group Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for BT Group's Beginning Cash Position 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.

BT Group Beginning Cash Position Chart

BT Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,180.50 839.81 484.12 459.95 285.33

BT Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beginning Cash Position Get a 7-Day Free Trial 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 416.77 470.90 324.29 289.19 672.00
BTGOF
64GF Score
BT Group PLC BTGOF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BT Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $672 Mil mean?
BT Group (BTGOF) has a Beginning Cash Position of $672 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BT Group and its competitors.
Is BT Group's Beginning Cash Position too high?
BT Group's current Beginning Cash Position is $672 Mil. Overall, BT Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BT Group's Beginning Cash Position compare to VZ and TMUS?
BT Group's Beginning Cash Position of $672 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Telecommunication Services company?
A good Beginning Cash Position depends on the Telecommunication Services industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on BT Group and its competitors. BT Group's current Beginning Cash Position is $672 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Group stock overvalued right now?
Based on GuruFocus' analysis, BT Group (BTGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.83, compared to a current price of $2.55 — trading 39.3% above its estimated fair value. The current Beginning Cash Position is $672 Mil. BT Group's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For BT Group (BTGOF), the current Beginning Cash Position is $672 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BT Group (BTGOF) Overvalued in 2026?

Based on GuruFocus' analysis, BT Group stock appears to be overvalued. The current stock price of $2.55 is trading 39.3% above its estimated GF Value™ of $1.83. GuruFocus considers BT Group to be Significantly Overvalued.

Key valuation signals for BTGOF:

  • Beginning Cash Position: $672 Mil
  • GF Value™: $1.83 vs. price of $2.55 (39.3% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the BTGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BT Group Business Description

Other Exchanges BTl:UKBT.A:UKBTQ:Germany
Address 1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the UK. BT is the owner of Openreach, the largest fixed-line network in the country. Openreach operates as a separate entity due to regulatory requirements, but is still 100% owned by BT. Openreach has accelerated its fiber investments and expects to have 90% of the UK covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations, while the global services division provides communications consultancy services.
64GF Score

Get the complete analysis for BTGOF

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.55
Price
$1.83
GF Value