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Audinate Group (ASX:AD8) Net Cash per Share : A$1.17 (As of Dec. 2024)


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What is Audinate Group Net Cash per Share?

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). Audinate Group's Net Cash per Share for the quarter that ended in Dec. 2024 was A$1.17.

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

ASX:AD8' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.13   Med: 15.69   Max: 28.15
Current: 5.29

During the past 8 years, the highest Price-to-Net-Cash Ratio of Audinate Group was 28.15. The lowest was 5.13. And the median was 15.69.

ASX:AD8's Price-to-Net-Cash is ranked better than
63.45% of 643 companies
in the Hardware industry
Industry Median: 8.23 vs ASX:AD8: 5.29

Audinate Group Net Cash per Share Historical Data

The historical data trend for Audinate Group'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.

* Premium members only.

Audinate Group Net Cash per Share Chart

Audinate Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Cash per Share
Get a 7-Day Free Trial 0.31 0.72 0.39 0.33 1.19

Audinate Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.31 0.33 1.16 1.19 1.17

Competitive Comparison of Audinate Group's Net Cash per Share

For the Electronic Components subindustry, Audinate Group'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.


Audinate Group's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Audinate Group's Price-to-Net-Cash distribution charts can be found below:

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


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Audinate Group 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.

Audinate Group's Net Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as

Net Cash per Share (A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(118.055-18.988-0)/83.109
=1.19

Audinate Group's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(111.279-13.412-0)/83.342
=1.17

* 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.


Audinate Group  (ASX:AD8) 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.


Audinate Group Net Cash per Share Related Terms

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Audinate Group Business Description

Traded in Other Exchanges
Address
64 Kippax Street, Level 7, Surry Hills, NSW, AUS, 2010
Audinate is a founder-led networking technology company for the professional AV industry. Audinate's Dante protocol is the world's most widely used protocol for digital audio networking. Nearly 500 OEM brands license the Dante protocol for over 4,000 products. Audinate has also started offering digital networking solutions for video equipment.

Audinate Group Headlines

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