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Bathurst Resources (ASX:BRL) 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.
Bathurst Resources Net Cash per Share Related Terms
Bathurst Resources Net Cash per Share Historical Data
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The historical data trend for Bathurst Resources'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.
ASX:BRL vs HCC, AMR, SXC: Net Cash per Share Comparison
For the Coking Coal subindustry, Bathurst Resources'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.
Bathurst Resources Price-to-Net-Cash vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Bathurst Resources'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.
Bathurst Resources's Net Cash per Share for the fiscal year that ended in Jun. 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.
Bathurst Resources (ASX:BRL) has a Net Cash per Share of A$0.00 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Bathurst Resources and its competitors. According to the industry distribution chart, Bathurst Resources ranks #44 out of 80 companies in the Steel industry, placing it in the top 55%.
Is Bathurst Resources' Net Cash per Share too high?
Bathurst Resources' current Net Cash per Share is A$0.00. Based on the distribution chart, Bathurst Resources ranks #44 out of 80 companies in the Steel industry, which is below the industry midpoint. Overall, Bathurst Resources has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' Net Cash per Share compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #44 out of 80 companies for Net Cash per Share. This places Bathurst Resources in the lower half of its industry. The industry median Net Cash per Share is 5.40. 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 Steel company?
The median Net Cash per Share among Steel companies is 5.40, based on 80 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 Bathurst Resources and its competitors. For the Steel industry, the median Net Cash per Share is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current Net Cash per Share is A$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.44 — trading 14.7% below its estimated fair value. The current Net Cash per Share is A$0.00. Bathurst Resources' overall GF Score™ is 33/100 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 Bathurst Resources (ASX:BRL), the current Net Cash per Share is A$0.00 as of Dec. 2025. 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 Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued.
The current stock price of A$0.44 is trading 14.7% below its estimated GF Value™ of A$0.51.
GuruFocus considers Bathurst Resources to be Modestly Undervalued.
Key valuation signals for ASX:BRL:
Net Cash per Share: A$0.00
GF Value™: A$0.51 vs. price of A$0.44 (14.7% below fair value)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
33GF Score
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