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Bisalloy Steel Group (ASX:BIS) Net Cash per Share : A$-1.06 (As of Dec. 2024)


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What is Bisalloy Steel 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). Bisalloy Steel Group's Net Cash per Share for the quarter that ended in Dec. 2024 was A$-1.06.

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

ASX:BIS's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 4.47
* Ranked among companies with meaningful Price-to-Net-Cash only.

Bisalloy Steel Group Net Cash per Share Historical Data

The historical data trend for Bisalloy Steel 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.

Bisalloy Steel Group Net Cash per Share Chart

Bisalloy Steel Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.04 -0.80 -0.94 -0.89 -0.83

Bisalloy Steel Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.04 -0.89 -1.00 -0.83 -1.06

Competitive Comparison of Bisalloy Steel Group's Net Cash per Share

For the Steel subindustry, Bisalloy Steel 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.


Bisalloy Steel Group's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Price-to-Net-Cash distribution charts can be found below:

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


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Bisalloy Steel 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.

Bisalloy Steel 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)
=(6.3-41.31-4.424)/47.686
=-0.83

Bisalloy Steel 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)
=(6.18-51.692-5.188)/47.904
=-1.06

* 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.


Bisalloy Steel Group  (ASX:BIS) 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.


Bisalloy Steel Group Net Cash per Share Related Terms

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Bisalloy Steel Group Business Description

Traded in Other Exchanges
N/A
Address
18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526
Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations.

Bisalloy Steel Group Headlines