BFS (Saul Centers) Net Cash per Share: $-75.04 (As of Mar. 2026)

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BFS Saul Centers Inc BFS
78 GF Score
Price $36.13
GF Value $42.18
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Saul Centers Net Cash per Share?

Saul Centers BFS +0.28% 78 Net Cash per Share is $-75.04 as of Mar. 2026. GuruFocus rates BFS with a GF Score™ of 78/100 and a GF Value™ of $42.18 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 101 REITs companies, Saul Centers ranks worse than 990098.02% 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). Saul Centers's Net Cash per Share for the quarter that ended in Mar. 2026 was $-75.04.

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

BFS's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.45
* Ranked among companies with meaningful Price-to-Net-Cash only.

Saul Centers  (NYSE:BFS) 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.


Saul Centers Net Cash per Share Related Terms


Saul Centers Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Saul Centers'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.

Saul Centers Net Cash per Share Chart

Saul Centers 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 -55.67 -59.11 -67.99 -73.26 -75.20

Saul Centers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -73.88 -74.04 -75.09 -75.20 -75.04

BFS vs WSR, ALX, PINE: Net Cash per Share Comparison

For the REIT - Retail subindustry, Saul Centers'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.


Saul Centers Price-to-Net-Cash vs REITs Industry

For the REITs industry and Real Estate sector, Saul Centers's Price-to-Net-Cash distribution charts can be found below:

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


BFS
78GF Score
Saul Centers Inc BFS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Saul Centers 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.

Saul Centers'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)
=(8.741-1685.421-169.437)/24.551
=-75.20

Saul Centers's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.326-1683.378-171.611)/24.595
=-75.04

* 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 $-75.04 mean?
Saul Centers (BFS) has a Net Cash per Share of $-75.04 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 Saul Centers and its competitors. According to the industry distribution chart, Saul Centers ranks #999999 out of 101 companies in the REITs industry.
Is Saul Centers' Net Cash per Share too high?
Saul Centers' current Net Cash per Share is $-75.04. Based on the distribution chart, Saul Centers ranks #999999 out of 101 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Saul Centers has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Net Cash per Share compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #999999 out of 101 companies for Net Cash per Share. This places Saul Centers in the lower half of its industry. The industry median Net Cash per Share is 19.45. 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 REITs company?
The median Net Cash per Share among REITs companies is 19.45, based on 101 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 Saul Centers and its competitors. For the REITs industry, the median Net Cash per Share is 19.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Net Cash per Share is $-75.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $42.18, compared to a current price of $36.13 — trading 14.3% below its estimated fair value. The current Net Cash per Share is $-75.04. Saul Centers' overall GF Score™ is 78/100 with 9 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 Saul Centers (BFS), the current Net Cash per Share is $-75.04 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 Saul Centers (BFS) Overvalued in 2026?

Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued. The current stock price of $36.13 is trading 14.3% below its estimated GF Value™ of $42.18. GuruFocus considers Saul Centers to be Modestly Undervalued.

Key valuation signals for BFS:

  • Net Cash per Share: $-75.04
  • GF Value™: $42.18 vs. price of $36.13 (14.3% below fair value)
  • GF Score™: 78/100 with 9 warning signs

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


Saul Centers Business Description

Industry Real EstateREITs
Other Exchanges BFSpE.PFD:USABFSpD.PFD:USA
Address 7501 Wisconsin Avenue, Suite 1500 East, Bethesda, MD, USA, 20814-6522
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
78GF Score

Get the complete analysis for BFS

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

$36.13
Price
$42.18
GF Value