Forge Group (ASX:FGE) Net Cash per Share : A$-1.82 (As of Jun. 2013)

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What is Forge Group Net Cash per Share?

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). Forge Group's Net Cash per Share for the quarter that ended in Jun. 2013 was A$-1.82.

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

ASX:FGE's Price-to-Net-Cash is not ranked ^*
in the Construction industry.
Industry Median: 6.205
* Ranked among companies with meaningful Price-to-Net-Cash only.

Forge Group Net Cash per Share Historical Data

The historical data trend for Forge Group'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.

* Premium members only.

Forge Group Net Cash per Share Chart

Forge Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Net Cash per Share

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-0.27

-0.21

-0.12

-2.06

-1.82

Forge Group Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Net Cash per Share	Get a 7-Day Free Trial			-0.27	-0.21	-0.12	-2.06	-1.82

Competitive Comparison of Forge Group's Net Cash per Share

For the Engineering & Construction subindustry, Forge Group'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.

Forge Group's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forge Group's Price-to-Net-Cash distribution charts can be found below:

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

Forge Group 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.

Forge Group's Net Cash per Share for the fiscal year that ended in Jun. 2013 is calculated as

	Net Cash per Share (A: Jun. 2013 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(93.476	-	250.784	-	0)	/	86.238
=	-1.82

Forge Group's Net Cash per Share for the quarter that ended in Jun. 2013 is calculated as

	Net Cash per Share (Q: Jun. 2013 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(93.476	-	250.784	-	0)	/	86.307
=	-1.82

Forge Group (ASX:FGE) 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.

Forge Group Net Cash per Share Related Terms

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Forge Group (ASX:FGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forge Group Ltd (ASX:FGE) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.forgegroup.com.au

Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

Forge Group (ASX:FGE) Headlines

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