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The historical rank and industry rank for Mineral Resources's Net Cash per Share or its related term are showing as below:
ASX:MIN's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7 * Ranked among companies with meaningful Price-to-Net-Cash only.
Mineral Resources (ASX:MIN) 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.
Mineral Resources Net Cash per Share Related Terms
Mineral Resources Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Mineral 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.
Mineral Resources Net Cash per Share Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral 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.
Mineral Resources Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Mineral 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.
Mineral 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.
Mineral Resources (ASX:MIN) has a Net Cash per Share of A$-38.08 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Mineral Resources and its competitors. According to the industry distribution chart, Mineral Resources ranks #999999 out of 1055 companies in the Metals & Mining industry.
Is Mineral Resources' Net Cash per Share too high?
Mineral Resources' current Net Cash per Share is A$-38.08. Based on the distribution chart, Mineral Resources ranks #999999 out of 1055 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mineral Resources has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #999999 out of 1055 companies for Net Cash per Share. This places Mineral Resources in the lower half of its industry. The industry median Net Cash per Share is 7.00. 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 1,055 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 Mineral 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. Mineral Resources's current Net Cash per Share is A$-38.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Fairly Valued. The stock's GF Value™ is A$68.40, compared to a current price of A$64.83 — trading 5.2% below its estimated fair value. The current Net Cash per Share is A$-38.08. Mineral Resources' overall GF Score™ is 76/100 with 10 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 Mineral Resources (ASX:MIN), the current Net Cash per Share is A$-38.08 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 Mineral Resources (ASX:MIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of A$64.83 is trading 5.2% below its estimated GF Value™ of A$68.40.
GuruFocus considers Mineral Resources to be Fairly Valued.
Key valuation signals for ASX:MIN:
Net Cash per Share: A$-38.08
GF Value™: A$68.40 vs. price of A$64.83 (5.2% below fair value)
No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
76GF Score
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