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The historical rank and industry rank for RAS Technology Holdings's Net Cash per Share or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Cash Ratio of RAS Technology Holdings was 40.83. The lowest was 3.14. And the median was 8.24.
ASX:RTH's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8.465 * Ranked among companies with meaningful Price-to-Net-Cash only.
RAS Technology Holdings (ASX:RTH) 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.
RAS Technology Holdings Net Cash per Share Related Terms
RAS Technology Holdings Net Cash per Share Historical Data
* Premium members only.
The historical data trend for RAS Technology 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.
ASX:RTH vs MSFT, ORCL, PLTR: Net Cash per Share Comparison
For the Software - Infrastructure subindustry, RAS Technology 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.
RAS Technology Holdings Price-to-Net-Cash vs Software Industry
For the Software industry and Technology sector, RAS Technology Holdings's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where RAS Technology Holdings's Price-to-Net-Cash falls into.
RAS Technology 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.
RAS Technology Holdings'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.
RAS Technology Holdings (ASX:RTH) has a Net Cash per Share of A$-0.06 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on RAS Technology Holdings and its competitors. Over the past decade, RAS Technology Holdings' Net Cash per Share has ranged from 3.14 to 40.83. According to the industry distribution chart, RAS Technology Holdings ranks #999999 out of 886 companies in the Software industry.
Is RAS Technology Holdings' Net Cash per Share too high?
RAS Technology Holdings' current Net Cash per Share is A$-0.06. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 40.83. Based on the distribution chart, RAS Technology Holdings ranks #999999 out of 886 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, RAS Technology Holdings has a GF Score™ of 35/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAS Technology Holdings' Net Cash per Share compare to MSFT and ORCL?
According to the Software industry distribution chart, RAS Technology Holdings ranks #999999 out of 886 companies for Net Cash per Share. This places RAS Technology Holdings in the lower half of its industry. The industry median Net Cash per Share is 8.47. Historically, RAS Technology Holdings' own Net Cash per Share has ranged from 3.14 to 40.83 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 a Software company?
The median Net Cash per Share among Software companies is 8.47, based on 886 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 RAS Technology Holdings and its competitors. For the Software industry, the median Net Cash per Share is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAS Technology Holdings's current Net Cash per Share is A$-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAS Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, RAS Technology Holdings (ASX:RTH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$1.56, compared to a current price of A$0.68 — trading 56.4% below its estimated fair value. The current Net Cash per Share is A$-0.06. RAS Technology Holdings' overall GF Score™ is 35/100. 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 RAS Technology Holdings (ASX:RTH), the current Net Cash per Share is A$-0.06 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 RAS Technology Holdings (ASX:RTH) Overvalued in 2026?
Based on GuruFocus' analysis, RAS Technology Holdings stock appears to be undervalued.
The current stock price of A$0.68 is trading 56.4% below its estimated GF Value™ of A$1.56.
GuruFocus considers RAS Technology Holdings to be Significantly Undervalued.
Key valuation signals for ASX:RTH:
Net Cash per Share: A$-0.06
GF Value™: A$1.56 vs. price of A$0.68 (56.4% below fair value)
No single metric tells the full story. See the ASX:RTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAS Technology Holdings Ltd is a provider of fully integrated premium data, enhanced content, SaaS solutions, and digital and media services to the racing and wagering industries. Geographically, the company operates in Australia, the United Kingdom, the United States, Asia, and the Rest of the World. The company generates the majority of its revenue from Australia.
35GF Score
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