Elders (ASX:ELD) Net Cash per Share: A$-10.54 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:ELD Elders Ltd ASX:ELD
78 GF Score
Price A$5.71
GF Value A$7.32
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Elders Net Cash per Share?

Elders ASX:ELD +0.88% 78 Net Cash per Share is A$-10.54 as of Mar. 2026. GuruFocus rates ASX:ELD with a GF Score™ of 78/100 and a GF Value™ of A$7.32 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 343 Consumer Packaged Goods companies, Elders ranks worse than 291544.9% 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). Elders's Net Cash per Share for the quarter that ended in Mar. 2026 was A$-10.54.

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

ASX:ELD's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Elders  (ASX:ELD) 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.


Elders Net Cash per Share Related Terms


Elders Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Elders'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.

Elders Net Cash per Share Chart

Elders Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.13 -7.22 -7.49 -9.01 -7.37

Elders Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -9.04 -9.01 -7.24 -7.37 -10.54

ASX:ELD vs ADM, BG, TSN: Net Cash per Share Comparison

For the Farm Products subindustry, Elders'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.


Elders Price-to-Net-Cash vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elders's Price-to-Net-Cash distribution charts can be found below:

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


ASX:ELD
78GF Score
Elders Ltd ASX:ELD
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elders 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.

Elders's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as

Net Cash per Share (A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(46.732-1450.448-4.966)/191.211
=-7.37

Elders's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(87.547-2344.423-2.947)/214.479
=-10.54

* 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$-10.54 mean?
Elders (ASX:ELD) has a Net Cash per Share of A$-10.54 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Elders and its competitors. According to the industry distribution chart, Elders ranks #999999 out of 343 companies in the Consumer Packaged Goods industry.
Is Elders' Net Cash per Share too high?
Elders' current Net Cash per Share is A$-10.54. Based on the distribution chart, Elders ranks #999999 out of 343 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Elders has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elders' Net Cash per Share compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Elders ranks #999999 out of 343 companies for Net Cash per Share. This places Elders in the lower half of its industry. The industry median Net Cash per Share is 8.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Consumer Packaged Goods company?
The median Net Cash per Share among Consumer Packaged Goods companies is 8.60, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Elders and its competitors. For the Consumer Packaged Goods industry, the median Net Cash per Share is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elders's current Net Cash per Share is A$-10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elders stock overvalued right now?
Based on GuruFocus' analysis, Elders (ASX:ELD) is currently considered Modestly Undervalued. The stock's GF Value™ is A$7.32, compared to a current price of A$5.71 — trading 22% below its estimated fair value. The current Net Cash per Share is A$-10.54. Elders' overall GF Score™ is 78/100 with 9 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 Elders (ASX:ELD), the current Net Cash per Share is A$-10.54 as of Mar. 2026. 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 Elders (ASX:ELD) Overvalued in 2026?

Based on GuruFocus' analysis, Elders stock appears to be undervalued. The current stock price of A$5.71 is trading 22% below its estimated GF Value™ of A$7.32. GuruFocus considers Elders to be Modestly Undervalued.

Key valuation signals for ASX:ELD:

  • Net Cash per Share: A$-10.54
  • GF Value™: A$7.32 vs. price of A$5.71 (22% below fair value)
  • GF Score™: 78/100 with 9 warning signs

No single metric tells the full story. See the ASX:ELD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elders Business Description

Other Exchanges FTZ:Germany
Address 80 Grenfell Street, Level 10, Adelaide, SA, AUS, 5000
Elders Ltd is a farm products company with segments including Branch Network, Wholesale Products, Feed and Processing Services, and Corporate Services and Other Costs. The Branch Network generates maximum revenue and supplies rural farm inputs and production and cropping advice to primary producers and corporate farm customers. Elders operates retail services under the Elders and Ag, Horse and Pet brands and a wholesale products business supplying independently owned member stores under the AIRR brand. Feed and Processing Services includes Killara Feedlot with grain-fed beef distribution, grass-fattening operations, cow manure processing, and irrigated feed crop production, while Corporate Services and Other Costs covers general investment and administrative corporate office activities.
78GF Score

Get the complete analysis for ASX:ELD

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.71
Price
A$7.32
GF Value