Jordanian Mutual Funds Management Co (AMM:FUND) Net Cash per Share: JOD-0.18 (As of Dec. 2023)

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AMM:FUND Jordanian Mutual Funds Management Co AMM:FUND
21 GF Score
Price JOD0.04
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What is Jordanian Mutual Funds Management Co Net Cash per Share?

Jordanian Mutual Funds Management Co AMM:FUND 21 Net Cash per Share is JOD-0.18 as of Dec. 2023. GuruFocus rates AMM:FUND with a GF Score™ of 21/100.

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). Jordanian Mutual Funds Management Co's Net Cash per Share for the quarter that ended in Dec. 2023 was JOD-0.18.

The historical rank and industry rank for Jordanian Mutual Funds Management Co's Net Cash per Share or its related term are showing as below:

AMM:FUND's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.14
* Ranked among companies with meaningful Price-to-Net-Cash only.

Jordanian Mutual Funds Management Co  (AMM:FUND) 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.


Jordanian Mutual Funds Management Co Net Cash per Share Related Terms


Jordanian Mutual Funds Management Co Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Jordanian Mutual Funds Management Co'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.

Jordanian Mutual Funds Management Co Net Cash per Share Chart

Jordanian Mutual Funds Management Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.06 -0.10 -0.17 -0.18

Jordanian Mutual Funds Management Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share 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 -0.17 -0.18 -0.18 -0.18 -0.18

AMM:FUND vs BLK, BX, BK: Net Cash per Share Comparison

For the Asset Management subindustry, Jordanian Mutual Funds Management Co'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.


Jordanian Mutual Funds Management Co Price-to-Net-Cash vs Asset Management Industry

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

* The bar in red indicates where Jordanian Mutual Funds Management Co's Price-to-Net-Cash falls into.


AMM:FUND
21GF Score
Jordanian Mutual Funds Management Co AMM:FUND
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Jordanian Mutual Funds Management Co 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.

Jordanian Mutual Funds Management Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.06-1.119-0)/6.000
=-0.18

Jordanian Mutual Funds Management Co's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.06-1.119-0)/6.000
=-0.18

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of JOD-0.18 mean?
Jordanian Mutual Funds Management Co (AMM:FUND) has a Net Cash per Share of JOD-0.18 as of Dec. 2023. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Jordanian Mutual Funds Management Co and its competitors.
Is Jordanian Mutual Funds Management Co's Net Cash per Share too high?
Jordanian Mutual Funds Management Co's current Net Cash per Share is JOD-0.18. Overall, Jordanian Mutual Funds Management Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Jordanian Mutual Funds Management Co's Net Cash per Share compare to BLK and BX?
Jordanian Mutual Funds Management Co's Net Cash per Share of JOD-0.18 can be compared against companies in the Asset Management industry. The industry median Net Cash per Share is 6.14. 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 an Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.14, based on 466 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 Jordanian Mutual Funds Management Co and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jordanian Mutual Funds Management Co's current Net Cash per Share is JOD-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jordanian Mutual Funds Management Co stock overvalued right now?
Jordanian Mutual Funds Management Co (AMM:FUND) has a current Net Cash per Share of JOD-0.18. The current Net Cash per Share is JOD-0.18. Jordanian Mutual Funds Management Co's overall GF Score™ is 21/100. 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 Jordanian Mutual Funds Management Co (AMM:FUND), the current Net Cash per Share is JOD-0.18 as of Dec. 2023. 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.

Jordanian Mutual Funds Management Co Business Description

Address Airport Road, Madaba Bridge, P.O Box 921513, Rum Group for Transportation, Tourism Investment, Amman, JOR, 11192
Jordanian Mutual Funds Management Co is a Jordan based fund management company. The company is engaged in establishing mutual funds, purchase and sales of shares and stocks for business purpose and managing investment funds except for financial brokerage.
21GF Score

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

JOD0.04
Price