Connected Minerals (ASX:CML) Net Cash per Share: A$0.05 (As of Dec. 2025) — 99% Below Median

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ASX:CML Connected Minerals Ltd ASX:CML
22 GF Score
Price A$0.37
! 2 Warning Signs
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What is Connected Minerals Net Cash per Share?

Connected Minerals ASX:CML +13.85% 22 Net Cash per Share is A$0.05 as of Dec. 2025, which is 100% below its 10-year median of 3.85. GuruFocus rates ASX:CML with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,055 Metals & Mining companies, Connected Minerals ranks better than 54.22% 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). Connected Minerals's Net Cash per Share for the quarter that ended in Dec. 2025 was A$0.05.

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

ASX:CML' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.79   Med: 3.85   Max: 19.1
Current: 7.4

During the past 13 years, the highest Price-to-Net-Cash Ratio of Connected Minerals was 19.10. The lowest was 1.79. And the median was 3.85.

ASX:CML's Price-to-Net-Cash is ranked better than
54.22% of 1055 companies
in the Metals & Mining industry
Industry Median: 7 vs ASX:CML: 7.40

Connected Minerals  (ASX:CML) 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.


Connected Minerals Net Cash per Share Related Terms


Connected Minerals Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Connected Minerals'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.

Connected Minerals Net Cash per Share Chart

Connected Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 0.02 0.08 0.06 0.07

Connected Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.07 0.06 0.08 0.07 0.05

Connected Minerals Net Cash per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Connected Minerals'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.


Connected Minerals Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Connected Minerals's Price-to-Net-Cash distribution charts can be found below:

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


ASX:CML
22GF Score
Connected Minerals Ltd ASX:CML
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Connected Minerals 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.

Connected Minerals's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as

Net Cash per Share (A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.925-0.111-0)/58.283
=0.07

Connected Minerals's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.023-0.084-0)/58.283
=0.05

* 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 A$0.05 mean?
Connected Minerals (ASX:CML) has a Net Cash per Share of A$0.05 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 Connected Minerals and its competitors. This is 99% below median its historical median of 3.85. Over the past decade, Connected Minerals' Net Cash per Share has ranged from 1.79 to 19.10. According to the industry distribution chart, Connected Minerals ranks #483 out of 1055 companies in the Metals & Mining industry, placing it in the top 45.8%.
Is Connected Minerals' Net Cash per Share too high?
Connected Minerals' current Net Cash per Share of A$0.05 is 99% below median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 19.10. Based on the distribution chart, Connected Minerals ranks #483 out of 1055 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Connected Minerals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Connected Minerals' Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Connected Minerals ranks #483 out of 1055 companies for Net Cash per Share. This puts Connected Minerals in the upper half of its industry. The industry median Net Cash per Share is 7.00. Historically, Connected Minerals' own Net Cash per Share has ranged from 1.79 to 19.10 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 Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.00, based on 1,055 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 Connected Minerals and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Connected Minerals's current Net Cash per Share is A$0.05, which is 99% below median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Connected Minerals stock overvalued right now?
Connected Minerals (ASX:CML) has a current Net Cash per Share of A$0.05. The current Net Cash per Share is A$0.05, which is 99% below median its 10-year median of 3.85. Connected Minerals' overall GF Score™ is 22/100 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 Connected Minerals (ASX:CML), the current Net Cash per Share is A$0.05 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.

Connected Minerals Business Description

Address 44 Street Georges Terrace, Level 24, Perth, WA, AUS, 6000
Connected Minerals Ltd is focused on the exploration and potential development of its portfolio of projects based in Namibia and Western Australia, with its objectives including Undertaking systematic exploration for the discovery and delineation of economic resources and Focusing on mineral exploration or resource opportunities. Its projects include Etango North-East, Swakopmund and Rossing South.
22GF Score

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A$0.37
Price