Regional Express Holdings (ASX:REX) Net Cash per Share: A$-4.39 (As of Dec. 2023)

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ASX:REX Regional Express Holdings Ltd ASX:REX
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Price A$0.57
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What is Regional Express Holdings Net Cash per Share?

Regional Express Holdings ASX:REX 4 Net Cash per Share is A$-4.39 as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

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). Regional Express Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was A$-4.39.

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

ASX:REX's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.63
* Ranked among companies with meaningful Price-to-Net-Cash only.

Regional Express Holdings  (ASX:REX) 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.


Regional Express Holdings Net Cash per Share Related Terms


Regional Express Holdings Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Net Cash per Share Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.62 -1.91 -2.57 -3.84

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.32 -2.57 -3.82 -3.84 -4.39

ASX:REX vs DAL, LUV, UAL: Net Cash per Share Comparison

For the Airlines subindustry, Regional Express Holdings'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.


Regional Express Holdings Price-to-Net-Cash vs Transportation Industry

For the Transportation industry and Industrials sector, Regional Express Holdings's Price-to-Net-Cash distribution charts can be found below:

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


ASX:REX
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Regional Express Holdings Ltd ASX:REX
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Regional Express Holdings 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.

Regional Express Holdings's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(58.39-491.219-0)/112.606
=-3.84

Regional Express Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(79.497-580.776-0)/114.241
=-4.39

* 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$-4.39 mean?
Regional Express Holdings (ASX:REX) has a Net Cash per Share of A$-4.39 as of Dec. 2023. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Regional Express Holdings and its competitors.
Is Regional Express Holdings' Net Cash per Share too high?
Regional Express Holdings' current Net Cash per Share is A$-4.39. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Net Cash per Share compare to DAL and LUV?
Regional Express Holdings' Net Cash per Share of A$-4.39 can be compared against companies in the Transportation industry. The industry median Net Cash per Share is 7.63. 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 Transportation company?
The median Net Cash per Share among Transportation companies is 7.63, based on 122 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 Regional Express Holdings and its competitors. For the Transportation industry, the median Net Cash per Share is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regional Express Holdings's current Net Cash per Share is A$-4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Net Cash per Share of A$-4.39. The current Net Cash per Share is A$-4.39. Regional Express Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Regional Express Holdings (ASX:REX), the current Net Cash per Share is A$-4.39 as of Dec. 2023. 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.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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