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The historical rank and industry rank for COG Financial Services's Net Cash per Share or its related term are showing as below:
ASX:COG's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 5.59 * Ranked among companies with meaningful Price-to-Net-Cash only.
COG Financial Services (ASX:COG) 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.
COG Financial Services Net Cash per Share Related Terms
COG Financial Services Net Cash per Share Historical Data
* Premium members only.
The historical data trend for COG Financial Services'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:COG vs MS, GS, SCHW: Net Cash per Share Comparison
For the Capital Markets subindustry, COG Financial Services'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.
COG Financial Services Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, COG Financial Services's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where COG Financial Services's Price-to-Net-Cash falls into.
COG Financial Services 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.
COG Financial Services'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.
COG Financial Services (ASX:COG) has a Net Cash per Share of A$-1.44 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on COG Financial Services and its competitors. According to the industry distribution chart, COG Financial Services ranks #999999 out of 224 companies in the Capital Markets industry.
Is COG Financial Services' Net Cash per Share too high?
COG Financial Services' current Net Cash per Share is A$-1.44. Based on the distribution chart, COG Financial Services ranks #999999 out of 224 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, COG Financial Services has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COG Financial Services' Net Cash per Share compare to MS and GS?
According to the Capital Markets industry distribution chart, COG Financial Services ranks #999999 out of 224 companies for Net Cash per Share. This places COG Financial Services in the lower half of its industry. The industry median Net Cash per Share is 5.59. 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 Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 5.59, based on 224 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 COG Financial Services and its competitors. For the Capital Markets industry, the median Net Cash per Share is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COG Financial Services's current Net Cash per Share is A$-1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, COG Financial Services (ASX:COG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.76, compared to a current price of A$1.45 — trading 90.8% above its estimated fair value. The current Net Cash per Share is A$-1.44. COG Financial Services' overall GF Score™ is 27/100 with 4 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 COG Financial Services (ASX:COG), the current Net Cash per Share is A$-1.44 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 COG Financial Services (ASX:COG) Overvalued in 2026?
Based on GuruFocus' analysis, COG Financial Services stock appears to be overvalued.
The current stock price of A$1.45 is trading 90.8% above its estimated GF Value™ of A$0.76.
GuruFocus considers COG Financial Services to be Significantly Overvalued.
Key valuation signals for ASX:COG:
Net Cash per Share: A$-1.44
GF Value™: A$0.76 vs. price of A$1.45 (90.8% above fair value)
No single metric tells the full story. See the ASX:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COG Financial Services Ltd is engaged in the equipment finance sector. The investment objective of the company is to grow its earnings per share by investing in complementary entities and growing existing businesses that specialise in equipment finance broking, finance aggregation, and commercial leases for essential business assets. Its segments include Finance Broking and Aggregation, which is the key revenue driver, focused on the aggregation of broker volumes to maximize profitability through scale and finance broking focused on products finance and asset types; Novated Leasing; Asset Management and Lending activities, and others.
27GF Score
Get the complete analysis for ASX:COG
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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