Imperial Pacific (ASX:IPC) Net Cash per Share: A$-0.32 (As of Dec. 2025)

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:IPC Imperial Pacific Ltd ASX:IPC
36 GF Score
Price A$2.00
GF Value A$0.98
! 5 Warning Signs
View Full Analysis

What is Imperial Pacific Net Cash per Share?

Imperial Pacific ASX:IPC 36 Net Cash per Share is A$-0.32 as of Dec. 2025. GuruFocus rates ASX:IPC with a GF Score™ of 36/100 and a GF Value™ of A$0.98. The stock has 5 warning signs investors should review.

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Imperial Pacific's Net Cash per Share for the quarter that ended in Dec. 2025 was A$-0.32.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Imperial Pacific was 55.42. The lowest was 5.83. And the median was 8.30.

ASX:IPC's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 5.87
* Ranked among companies with meaningful Price-to-Net-Cash only.

Imperial Pacific  (ASX:IPC) 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.


Imperial Pacific Net Cash per Share Related Terms


Imperial Pacific Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Imperial Pacific'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.

Imperial Pacific Net Cash per Share Chart

Imperial Pacific 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 -0.27 -0.32 -0.31 -0.32 -0.29

Imperial Pacific 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 -0.32 -0.32 -0.25 -0.29 -0.32

ASX:IPC vs BLK, BX, KKR: Net Cash per Share Comparison

For the Asset Management subindustry, Imperial Pacific'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.


Imperial Pacific Price-to-Net-Cash vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Imperial Pacific's Price-to-Net-Cash distribution charts can be found below:

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


ASX:IPC
36GF Score
Imperial Pacific Ltd ASX:IPC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Pacific 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.

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

Imperial Pacific's Net Cash per Share for the quarter that ended in Dec. 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of A$-0.32 mean?
Imperial Pacific (ASX:IPC) has a Net Cash per Share of A$-0.32 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 Imperial Pacific and its competitors. Over the past decade, Imperial Pacific's Net Cash per Share has ranged from 5.83 to 55.42.
Is Imperial Pacific's Net Cash per Share too high?
Imperial Pacific's current Net Cash per Share is A$-0.32. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 55.42. Overall, Imperial Pacific has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Pacific's Net Cash per Share compare to BLK and BX?
Imperial Pacific's Net Cash per Share of A$-0.32 can be compared against companies in the Asset Management industry. The industry median Net Cash per Share is 5.87. Historically, Imperial Pacific's own Net Cash per Share has ranged from 5.83 to 55.42 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 an Asset Management company?
The median Net Cash per Share among Asset Management companies is 5.87, based on 463 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 Imperial Pacific and its competitors. For the Asset Management industry, the median Net Cash per Share is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Pacific's current Net Cash per Share is A$-0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Pacific stock overvalued right now?
Imperial Pacific (ASX:IPC) has a current Net Cash per Share of A$-0.32. The stock's GF Value™ is A$0.98, compared to a current price of A$2.00 — trading 104.1% above its estimated fair value. The current Net Cash per Share is A$-0.32. Imperial Pacific's overall GF Score™ is 36/100 with 5 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 Imperial Pacific (ASX:IPC), the current Net Cash per Share is A$-0.32 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 Imperial Pacific (ASX:IPC) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Pacific stock appears to be overvalued. The current stock price of A$2.00 is trading 104.1% above its estimated GF Value™ of A$0.98.

Key valuation signals for ASX:IPC:

  • Net Cash per Share: A$-0.32
  • GF Value™: A$0.98 vs. price of A$2.00 (104.1% above fair value)
  • GF Score™: 36/100 with 5 warning signs

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


Imperial Pacific Business Description

Address 111 Harrington Street, Suite 212, Level 2, The Rocks, Sydney, NSW, AUS, 2000
Imperial Pacific Ltd is a strategic investor with an emphasis on the financial services sector. It provides management input to related parties in which it has a strategic equity interest. Through its subsidiary, it is involved in the portfolio management of London City Equities Limited. The company has two segments, namely Investment and Financial Services. The majority of its revenue comes from the Financial Services segment.
36GF Score

Get the complete analysis for ASX:IPC

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

A$2.00
Price
A$0.98
GF Value