BCVVF (BOC Aviation) Net Cash per Share: $-29.49 (As of Jun. 2026)

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.

BCVVF BOC Aviation Ltd BCVVF
73 GF Score
Price $9.38
GF Value $9.72
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is BOC Aviation Net Cash per Share?

BOC Aviation BCVVF 73 Net Cash per Share is $-29.49 as of Jun. 2026. GuruFocus rates BCVVF with a GF Score™ of 73/100 and a GF Value™ of $9.72 (Fairly Valued). The stock has 5 warning signs investors should review. Among 250 Business Services companies, BOC Aviation ranks worse than 399999.6% on this metric.

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). BOC Aviation's Net Cash per Share for the quarter that ended in Jun. 2026 was $-29.49.

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

BCVVF's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 6.835
* Ranked among companies with meaningful Price-to-Net-Cash only.

BOC Aviation  (OTCPK:BCVVF) 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.


BOC Aviation Net Cash per Share Related Terms


BOC Aviation Net Cash per Share Historical Data

* Premium members only.

The historical data trend for BOC Aviation'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.

BOC Aviation Net Cash per Share Chart

BOC Aviation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.12 -23.74 -25.98 -25.96 -27.52

BOC Aviation Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -25.49 -25.96 -26.71 -27.52 -29.49

BCVVF vs URI, SUNB, AER: Net Cash per Share Comparison

For the Rental & Leasing Services subindustry, BOC Aviation'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.


BOC Aviation Price-to-Net-Cash vs Business Services Industry

For the Business Services industry and Industrials sector, BOC Aviation's Price-to-Net-Cash distribution charts can be found below:

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


BCVVF
73GF Score
BOC Aviation Ltd BCVVF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Aviation 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.

BOC Aviation's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(399.791-19497.394-0)/694.010
=-27.52

BOC Aviation's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(318.757-20785.066-0)/694.010
=-29.49

* 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 $-29.49 mean?
BOC Aviation (BCVVF) has a Net Cash per Share of $-29.49 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on BOC Aviation and its competitors. According to the industry distribution chart, BOC Aviation ranks #999999 out of 250 companies in the Business Services industry.
Is BOC Aviation's Net Cash per Share too high?
BOC Aviation's current Net Cash per Share is $-29.49. Based on the distribution chart, BOC Aviation ranks #999999 out of 250 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BOC Aviation has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BOC Aviation's Net Cash per Share compare to URI and SUNB?
According to the Business Services industry distribution chart, BOC Aviation ranks #999999 out of 250 companies for Net Cash per Share. This places BOC Aviation in the lower half of its industry. The industry median Net Cash per Share is 6.84. 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 Business Services company?
The median Net Cash per Share among Business Services companies is 6.84, based on 250 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 BOC Aviation and its competitors. For the Business Services industry, the median Net Cash per Share is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Aviation's current Net Cash per Share is $-29.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Aviation stock overvalued right now?
Based on GuruFocus' analysis, BOC Aviation (BCVVF) is currently considered Fairly Valued. The stock's GF Value™ is $9.72, compared to a current price of $9.38 — trading 3.4% below its estimated fair value. The current Net Cash per Share is $-29.49. BOC Aviation's overall GF Score™ is 73/100 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 BOC Aviation (BCVVF), the current Net Cash per Share is $-29.49 as of Jun. 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 BOC Aviation (BCVVF) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Aviation stock appears to be undervalued. The current stock price of $9.38 is trading 3.4% below its estimated GF Value™ of $9.72. GuruFocus considers BOC Aviation to be Fairly Valued.

Key valuation signals for BCVVF:

  • Net Cash per Share: $-29.49
  • GF Value™: $9.72 vs. price of $9.38 (3.4% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


BOC Aviation Business Description

Other Exchanges 02588:Hong Kong8BO:Germany
Address 79 Robinson Road, No. 15-01, Singapore, SGP, 068897
BOC Aviation Ltd is an aircraft leasing company by net book value of owned aircraft, with a portfolio of commercial passenger and cargo aircraft. All revenues are derived from the Group's principal activities of aircraft leasing, management of aircraft leases and other related activities. BOC Aviation offers a wide range of services to airlines and aircraft owners, including direct operating leases and finance leases for aircraft, sale and leaseback facilities, engine finance leases and third party asset management. The company also provides comprehensive aircraft remarketing and technical management services to airlines, banks and other investors. BOC Aviation seeks to provide the highest level of personalized service, adapting its products to meet the needs of individual customers.
73GF Score

Get the complete analysis for BCVVF

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

$9.38
Price
$9.72
GF Value