Nictus (JSE:NCS) Beginning Cash Position: R116.50 Mil (As of Mar. 2026)

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JSE:NCS Nictus Ltd JSE:NCS
49 GF Score
Price R2.42
GF Value R1.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nictus Beginning Cash Position?

Nictus JSE:NCS 49 Beginning Cash Position is R116.50 Mil as of Mar. 2026. GuruFocus rates JSE:NCS with a GF Score™ of 49/100 and a GF Value™ of R1.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Nictus's Beginning Cash Position for the quarter that ended in Mar. 2026 was R116.50 Mil.

Nictus's quarterly Beginning Cash Position increased from Mar. 2025 (R138.11 Mil) to Sep. 2025 (R161.64 Mil) but then declined from Sep. 2025 (R161.64 Mil) to Mar. 2026 (R116.50 Mil).

Nictus's annual Beginning Cash Position declined from Mar. 2024 (R74.54 Mil) to Mar. 2025 (R58.94 Mil) but then increased from Mar. 2025 (R58.94 Mil) to Mar. 2026 (R161.64 Mil).

Nictus Beginning Cash Position Related Terms

Nictus Beginning Cash Position Historical Data

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The historical data trend for Nictus'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.

Nictus Beginning Cash Position Chart

Nictus 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 76.68 72.64 74.54 58.94 161.64

Nictus 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 68.71 58.94 138.11 161.64 116.50
JSE:NCS
49GF Score
Nictus Ltd JSE:NCS
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Nictus 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 R116.50 Mil mean?
Nictus (JSE:NCS) has a Beginning Cash Position of R116.50 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 Nictus and its competitors.
Is Nictus' Beginning Cash Position too high?
Nictus' current Beginning Cash Position is R116.50 Mil. Overall, Nictus has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Beginning Cash Position compare to CASY and WSM?
Nictus' Beginning Cash Position of R116.50 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beginning Cash Position depends on the Retail - Cyclical 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 Nictus and its competitors. Nictus's current Beginning Cash Position is R116.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.19, compared to a current price of R2.42 — trading 103.4% above its estimated fair value. The current Beginning Cash Position is R116.50 Mil. Nictus' overall GF Score™ is 49/100 with 4 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 Nictus (JSE:NCS), the current Beginning Cash Position is R116.50 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 Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.42 is trading 103.4% above its estimated GF Value™ of R1.19. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • Beginning Cash Position: R116.50 Mil
  • GF Value™: R1.19 vs. price of R2.42 (103.4% above fair value)
  • GF Score™: 49/100 with 4 warning signs

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

Nictus Business Description

Address 392 Main Road, Block C, 1st Floor, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
49GF Score

Get the complete analysis for JSE:NCS

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

R2.42
Price
R1.19
GF Value