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Adamas TrustADAM -0.68%28 Net Cash per Share is $-47.79 as of Jun. 2026. GuruFocus rates ADAM with a GF Score™ of 28/100. The stock has 7 warning signs investors should review. Among 102 REITs companies, Adamas Trust ranks worse than 980391.18% on this metric.
The historical rank and industry rank for Adamas Trust's Net Cash per Share or its related term are showing as below:
ADAM's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 17.95 * Ranked among companies with meaningful Price-to-Net-Cash only.
Adamas Trust (NAS:ADAM) 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.
Adamas Trust Net Cash per Share Related Terms
Adamas Trust Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Adamas Trust'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.
ADAM vs IVR, PMT, BRSP: Net Cash per Share Comparison
For the REIT - Mortgage subindustry, Adamas Trust'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.
Adamas Trust Price-to-Net-Cash vs REITs Industry
For the REITs industry and Real Estate sector, Adamas Trust's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Adamas Trust's Price-to-Net-Cash falls into.
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.
Adamas Trust's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Adamas Trust (ADAM) has a Net Cash per Share of $-47.79 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Adamas Trust and its competitors. According to the industry distribution chart, Adamas Trust ranks #999999 out of 102 companies in the REITs industry.
Is Adamas Trust's Net Cash per Share too high?
Adamas Trust's current Net Cash per Share is $-47.79. Based on the distribution chart, Adamas Trust ranks #999999 out of 102 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Adamas Trust has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Adamas Trust's Net Cash per Share compare to IVR and PMT?
According to the REITs industry distribution chart, Adamas Trust ranks #999999 out of 102 companies for Net Cash per Share. This places Adamas Trust in the lower half of its industry. The industry median Net Cash per Share is 17.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a REITs company?
The median Net Cash per Share among REITs companies is 17.95, based on 102 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Adamas Trust and its competitors. For the REITs industry, the median Net Cash per Share is 17.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adamas Trust's current Net Cash per Share is $-47.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamas Trust stock overvalued right now?
Adamas Trust (ADAM) has a current Net Cash per Share of $-47.79. The current Net Cash per Share is $-47.79. Adamas Trust's overall GF Score™ is 28/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Adamas Trust (ADAM), the current Net Cash per Share is $-47.79 as of Jun. 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.
Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.
28GF Score
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