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The historical rank and industry rank for AST SpaceMobile's Net Cash per Share or its related term are showing as below:
During the past 6 years, the highest Price-to-Net-Cash Ratio of AST SpaceMobile was 1307.50. The lowest was 40.44. And the median was 73.35.
ASTS's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.845 * Ranked among companies with meaningful Price-to-Net-Cash only.
AST SpaceMobile (NAS:ASTS) 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.
AST SpaceMobile Net Cash per Share Related Terms
AST SpaceMobile Net Cash per Share Historical Data
* Premium members only.
The historical data trend for AST SpaceMobile'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.
ASTS vs ZBRA, VSAT, VIAV: Net Cash per Share Comparison
For the Communication Equipment subindustry, AST SpaceMobile'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.
AST SpaceMobile Price-to-Net-Cash vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile'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.
AST SpaceMobile'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.
AST SpaceMobile (ASTS) has a Net Cash per Share of $-3.16 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 AST SpaceMobile and its competitors. Over the past decade, AST SpaceMobile's Net Cash per Share has ranged from 40.44 to 1,307.50. According to the industry distribution chart, AST SpaceMobile ranks #999999 out of 618 companies in the Hardware industry.
Is AST SpaceMobile's Net Cash per Share too high?
AST SpaceMobile's current Net Cash per Share is $-3.16. Over the past 10 years, this metric has ranged from a low of 40.44 to a high of 1,307.50. Based on the distribution chart, AST SpaceMobile ranks #999999 out of 618 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AST SpaceMobile has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Net Cash per Share compare to ZBRA and VSAT?
According to the Hardware industry distribution chart, AST SpaceMobile ranks #999999 out of 618 companies for Net Cash per Share. This places AST SpaceMobile in the lower half of its industry. The industry median Net Cash per Share is 8.85. Historically, AST SpaceMobile's own Net Cash per Share has ranged from 40.44 to 1,307.50 over the past decade. 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 Hardware company?
The median Net Cash per Share among Hardware companies is 8.85, based on 618 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 AST SpaceMobile and its competitors. For the Hardware industry, the median Net Cash per Share is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AST SpaceMobile's current Net Cash per Share is $-3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is $508.71, compared to a current price of $70.31 — trading 86.2% below its estimated fair value. The current Net Cash per Share is $-3.16. AST SpaceMobile's overall GF Score™ is 45/100 with 6 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 AST SpaceMobile (ASTS), the current Net Cash per Share is $-3.16 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 AST SpaceMobile (ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of $70.31 is trading 86.2% below its estimated GF Value™ of $508.71.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for ASTS:
Net Cash per Share: $-3.16
GF Value™: $508.71 vs. price of $70.31 (86.2% below fair value)
No single metric tells the full story. See the ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
45GF Score
Get the complete analysis for ASTS
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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