DevEx ResourcesASX:DEV -2.00%24 Net Cash per Share is A$0.04 as of Dec. 2025, which is 100% below its 10-year median of 7.15. GuruFocus rates ASX:DEV with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 1,037 Metals & Mining companies, DevEx Resources ranks better than 55.93% on this metric.
The historical rank and industry rank for DevEx Resources's Net Cash per Share or its related term are showing as below:
ASX:DEV'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4.38 Med: 7.15 Max: 22
Current: 6.13
During the past 13 years, the highest Price-to-Net-Cash Ratio of DevEx Resources was 22.00. The lowest was 4.38. And the median was 7.15.
ASX:DEV's Price-to-Net-Cash is ranked better than 55.93% of 1037
companies
in the Metals & Mining industry
Industry Median: 7
vs ASX:DEV: 6.13
DevEx Resources (ASX:DEV) 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.
DevEx Resources Net Cash per Share Related Terms
DevEx Resources Net Cash per Share Historical Data
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The historical data trend for DevEx 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.
DevEx Resources Net Cash per Share Competitor Comparison
For the Other Industrial Metals & Mining subindustry, DevEx 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.
DevEx Resources Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DevEx Resources's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where DevEx 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.
DevEx 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.
DevEx Resources (ASX:DEV) has a Net Cash per Share of A$0.04 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 DevEx Resources and its competitors. This is 99% below median its historical median of 7.15. Over the past decade, DevEx Resources' Net Cash per Share has ranged from 4.38 to 22.00. According to the industry distribution chart, DevEx Resources ranks #457 out of 1037 companies in the Metals & Mining industry, placing it in the top 44.1%.
Is DevEx Resources' Net Cash per Share too high?
DevEx Resources' current Net Cash per Share of A$0.04 is 99% below median its 10-year median of 7.15. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 22.00. Based on the distribution chart, DevEx Resources ranks #457 out of 1037 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, DevEx Resources has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does DevEx Resources' Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, DevEx Resources ranks #457 out of 1037 companies for Net Cash per Share. This puts DevEx Resources in the upper half of its industry. The industry median Net Cash per Share is 7.00. Historically, DevEx Resources' own Net Cash per Share has ranged from 4.38 to 22.00 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 1,037 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 DevEx Resources 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. DevEx Resources's current Net Cash per Share is A$0.04, which is 99% below median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DevEx Resources stock overvalued right now?
DevEx Resources (ASX:DEV) has a current Net Cash per Share of A$0.04. The current Net Cash per Share is A$0.04, which is 99% below median its 10-year median of 7.15. DevEx Resources' overall GF Score™ is 24/100 with 1 warning sign 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 DevEx Resources (ASX:DEV), the current Net Cash per Share is A$0.04 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.
DevEx Resources Ltd is engaged in the exploration and evaluation of mineral properties in Australia. It explores uranium, copper, gold and other base metals. The company's property portfolio consists of exploration licenses covering various deposit styles in Northern Territory and Western Australia. It owns interest in the Nabarlek Uranium Project, Dundas Project, and the Junee Copper-Gold Project among others.
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