ANRO (Alto Neuroscience) Net Cash per Share: $5.95 (As of Jun. 2026)

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ANRO Alto Neuroscience Inc ANRO
12 GF Score
Price $36.40
! 2 Warning Signs
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What is Alto Neuroscience Net Cash per Share?

Alto Neuroscience ANRO -0.66% 12 Net Cash per Share is $5.95 as of Jun. 2026. GuruFocus rates ANRO with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 767 Biotechnology companies, Alto Neuroscience ranks worse than 56.84% on this metric.

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). Alto Neuroscience's Net Cash per Share for the quarter that ended in Jun. 2026 was $5.95.

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

ANRO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.46   Med: 1.82   Max: 6.25
Current: 6.12

During the past 5 years, the highest Price-to-Net-Cash Ratio of Alto Neuroscience was 6.25. The lowest was 0.46. And the median was 1.82.

ANRO's Price-to-Net-Cash is ranked worse than
56.84% of 767 companies
in the Biotechnology industry
Industry Median: 5.13 vs ANRO: 6.12

Alto Neuroscience  (NYSE:ANRO) 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.


Alto Neuroscience Net Cash per Share Related Terms


Alto Neuroscience Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Alto Neuroscience'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.

Alto Neuroscience Net Cash per Share Chart

Alto Neuroscience Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
-0.61 -1.60 -2.96 5.27 4.48

Alto Neuroscience Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.18 3.77 4.48 6.59 5.95

ANRO vs ORIC, CGEM, DRTS: Net Cash per Share Comparison

For the Biotechnology subindustry, Alto Neuroscience'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.


Alto Neuroscience Price-to-Net-Cash vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alto Neuroscience's Price-to-Net-Cash distribution charts can be found below:

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


ANRO
12GF Score
Alto Neuroscience Inc ANRO
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Alto Neuroscience 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.

Alto Neuroscience's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(176.484-33.547-0)/31.924
=4.48

Alto Neuroscience's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(243.733-34.817-0)/35.094
=5.95

* 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 $5.95 mean?
Alto Neuroscience (ANRO) has a Net Cash per Share of $5.95 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 Alto Neuroscience and its competitors. According to the industry distribution chart, Alto Neuroscience ranks #436 out of 767 companies in the Biotechnology industry, placing it in the top 56.8%.
Is Alto Neuroscience's Net Cash per Share too high?
Alto Neuroscience's current Net Cash per Share is $5.95. The Biotechnology industry median Net Cash per Share is 5.13. Alto Neuroscience's value of $5.95 is 16% above this industry median. Based on the distribution chart, Alto Neuroscience ranks #436 out of 767 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Alto Neuroscience has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Alto Neuroscience's Net Cash per Share compare to ORIC and CGEM?
According to the Biotechnology industry distribution chart, Alto Neuroscience ranks #436 out of 767 companies for Net Cash per Share. This places Alto Neuroscience in the lower half of its industry. The industry median Net Cash per Share is 5.13. Alto Neuroscience's value of $5.95 is 16% above this benchmark. 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 Biotechnology company?
The median Net Cash per Share among Biotechnology companies is 5.13, based on 767 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. Alto Neuroscience's current Net Cash per Share of $5.95 is 16% above the industry median. 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 Alto Neuroscience and its competitors. For the Biotechnology industry, the median Net Cash per Share is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alto Neuroscience's current Net Cash per Share is $5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alto Neuroscience stock overvalued right now?
Alto Neuroscience (ANRO) has a current Net Cash per Share of $5.95. The current Net Cash per Share is $5.95 and 16% above the Biotechnology industry median of 5.13. Alto Neuroscience's overall GF Score™ is 12/100 with 2 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 Alto Neuroscience (ANRO), the current Net Cash per Share is $5.95 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.

Alto Neuroscience Business Description

Address 650 Castro Street, Suite 450, Mountain View, CA, USA, 94041
Alto Neuroscience Inc is a clinical-stage biopharmaceutical company with a mission to redefine psychiatry by leveraging individual's neurobiology to develop personalized and effective treatment options. The company currently consists of different clinical-stage assets such as ALTO-100, ALTO-202, ALTO-207, ALTO-101, and ALTO-300 among others initially targeting depressive disorders and schizophrenia populations as identified by independent brain-based biomarkers.
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$36.40
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