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The historical rank and industry rank for BayFirst Financial's Net Cash per Share or its related term are showing as below:
BAFN's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 1.75 * Ranked among companies with meaningful Price-to-Net-Cash only.
BayFirst Financial (NAS:BAFN) 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.
BayFirst Financial Net Cash per Share Related Terms
BayFirst Financial Net Cash per Share Historical Data
* Premium members only.
The historical data trend for BayFirst Financial'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.
BAFN vs JFWV, PFSB, CNBZ: Net Cash per Share Comparison
For the Banks - Regional subindustry, BayFirst Financial'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.
BayFirst Financial Price-to-Net-Cash vs Banks Industry
For the Banks industry and Financial Services sector, BayFirst Financial's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where BayFirst Financial'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.
BayFirst Financial's Net Cash per Share for the fiscal year 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.
BayFirst Financial (BAFN) has a Net Cash per Share of $-177.14 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on BayFirst Financial and its competitors. According to the industry distribution chart, BayFirst Financial ranks #999999 out of 7 companies in the Banks industry.
Is BayFirst Financial's Net Cash per Share too high?
BayFirst Financial's current Net Cash per Share is $-177.14. Based on the distribution chart, BayFirst Financial ranks #999999 out of 7 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, BayFirst Financial has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BayFirst Financial's Net Cash per Share compare to JFWV and PFSB?
According to the Banks industry distribution chart, BayFirst Financial ranks #999999 out of 7 companies for Net Cash per Share. This places BayFirst Financial in the lower half of its industry. The industry median Net Cash per Share is 1.75. 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 Banks company?
The median Net Cash per Share among Banks companies is 1.75, based on 7 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 BayFirst Financial and its competitors. For the Banks industry, the median Net Cash per Share is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BayFirst Financial's current Net Cash per Share is $-177.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayFirst Financial stock overvalued right now?
Based on GuruFocus' analysis, BayFirst Financial (BAFN) is currently considered Fairly Valued. The stock's GF Value™ is $5.85, compared to a current price of $6.16 — trading 5.3% above its estimated fair value. The current Net Cash per Share is $-177.14. BayFirst Financial's overall GF Score™ is 54/100 with 2 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 BayFirst Financial (BAFN), the current Net Cash per Share is $-177.14 as of Mar. 2026. 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 BayFirst Financial (BAFN) Overvalued in 2026?
Based on GuruFocus' analysis, BayFirst Financial stock appears to be overvalued.
The current stock price of $6.16 is trading 5.3% above its estimated GF Value™ of $5.85.
GuruFocus considers BayFirst Financial to be Fairly Valued.
Key valuation signals for BAFN:
Net Cash per Share: $-177.14
GF Value™: $5.85 vs. price of $6.16 (5.3% above fair value)
No single metric tells the full story. See the BAFN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BayFirst Financial Corp is a bank holding company that operates through its wholly owned subsidiary. The Company generates the majority of its revenue from interest on loans and noninterest income. The primary sources of funding for its loans are loan payments, deposits, and borrowings. It is dependent on noninterest income, which is derived from net gain on the sales of the guaranteed portion of government-guaranteed loans and service fee income. The company provides personal banking and business banking services.
54GF Score
Get the complete analysis for BAFN
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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