APAM (Artisan Partners Asset Management) Net Cash per Share: $-10.59 (As of Mar. 2026)

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APAM Artisan Partners Asset Management Inc APAM
78 GF Score
Price $39.34
GF Value $47.35
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Artisan Partners Asset Management Net Cash per Share?

Artisan Partners Asset Management APAM +2.13% 78 Net Cash per Share is $-10.59 as of Mar. 2026. GuruFocus rates APAM with a GF Score™ of 78/100 and a GF Value™ of $47.35 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 463 Asset Management companies, Artisan Partners Asset Management ranks worse than 215982.51% 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). Artisan Partners Asset Management's Net Cash per Share for the quarter that ended in Mar. 2026 was $-10.59.

The historical rank and industry rank for Artisan Partners Asset Management's Net Cash per Share or its related term are showing as below:

APAM's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Artisan Partners Asset Management  (NYSE:APAM) 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.


Artisan Partners Asset Management Net Cash per Share Related Terms


Artisan Partners Asset Management Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Artisan Partners Asset Management'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.

Artisan Partners Asset Management Net Cash per Share Chart

Artisan Partners Asset Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.97 -12.20 -13.18 -13.72 -12.53

Artisan Partners Asset Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -10.72 -10.66 -11.88 -12.53 -10.59

APAM vs NAD, AAMI, JPC: Net Cash per Share Comparison

For the Asset Management subindustry, Artisan Partners Asset Management'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.


Artisan Partners Asset Management Price-to-Net-Cash vs Asset Management Industry

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

* The bar in red indicates where Artisan Partners Asset Management's Price-to-Net-Cash falls into.


APAM
78GF Score
Artisan Partners Asset Management Inc APAM
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artisan Partners Asset Management 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.

Artisan Partners Asset Management'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)
=(255.506-794.873-343.588)/70.473
=-12.53

Artisan Partners Asset Management's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(300.445-927.61-124.539)/70.993
=-10.59

* 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 $-10.59 mean?
Artisan Partners Asset Management (APAM) has a Net Cash per Share of $-10.59 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Artisan Partners Asset Management and its competitors. According to the industry distribution chart, Artisan Partners Asset Management ranks #999999 out of 463 companies in the Asset Management industry.
Is Artisan Partners Asset Management's Net Cash per Share too high?
Artisan Partners Asset Management's current Net Cash per Share is $-10.59. Based on the distribution chart, Artisan Partners Asset Management ranks #999999 out of 463 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Artisan Partners Asset Management has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's Net Cash per Share compare to NAD and AAMI?
According to the Asset Management industry distribution chart, Artisan Partners Asset Management ranks #999999 out of 463 companies for Net Cash per Share. This places Artisan Partners Asset Management in the lower half of its industry. The industry median Net Cash per Share is 6.00. 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 6.00, based on 463 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 Artisan Partners Asset Management and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artisan Partners Asset Management's current Net Cash per Share is $-10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artisan Partners Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.35, compared to a current price of $39.34 — trading 16.9% below its estimated fair value. The current Net Cash per Share is $-10.59. Artisan Partners Asset Management's overall GF Score™ is 78/100 with 3 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 Artisan Partners Asset Management (APAM), the current Net Cash per Share is $-10.59 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 Artisan Partners Asset Management (APAM) Overvalued in 2026?

Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued. The current stock price of $39.34 is trading 16.9% below its estimated GF Value™ of $47.35. GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.

Key valuation signals for APAM:

  • Net Cash per Share: $-10.59
  • GF Value™: $47.35 vs. price of $39.34 (16.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs

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


Artisan Partners Asset Management Business Description

Other Exchanges AP0:Germany
Address 875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202
Artisan Partners Asset Management Inc is a investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.
78GF Score

Get the complete analysis for APAM

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

$39.34
Price
$47.35
GF Value