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Asphere Innovations PCL (BKK:AS) 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.
Asphere Innovations PCL Net Cash per Share Related Terms
Asphere Innovations PCL Net Cash per Share Historical Data
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The historical data trend for Asphere Innovations PCL'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.
BKK:AS vs NTES, TTWO, RBLX: Net Cash per Share Comparison
For the Electronic Gaming & Multimedia subindustry, Asphere Innovations PCL'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.
Asphere Innovations PCL Price-to-Net-Cash vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Asphere Innovations PCL's Price-to-Net-Cash falls into.
Asphere Innovations PCL 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.
Asphere Innovations PCL'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.
Asphere Innovations PCL (BKK:AS) has a Net Cash per Share of ฿0.16 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 Asphere Innovations PCL and its competitors. According to the industry distribution chart, Asphere Innovations PCL ranks #174 out of 231 companies in the Interactive Media industry, placing it in the top 75.3%.
Is Asphere Innovations PCL's Net Cash per Share too high?
Asphere Innovations PCL's current Net Cash per Share is ฿0.16. Based on the distribution chart, Asphere Innovations PCL ranks #174 out of 231 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Asphere Innovations PCL has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's Net Cash per Share compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Asphere Innovations PCL ranks #174 out of 231 companies for Net Cash per Share. This places Asphere Innovations PCL in the lower half of its industry. The industry median Net Cash per Share is 5.69. 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 an Interactive Media company?
The median Net Cash per Share among Interactive Media companies is 5.69, based on 231 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 Asphere Innovations PCL and its competitors. For the Interactive Media industry, the median Net Cash per Share is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asphere Innovations PCL's current Net Cash per Share is ฿0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.44, compared to a current price of ฿2.26 — trading 34.3% below its estimated fair value. The current Net Cash per Share is ฿0.16. Asphere Innovations PCL's overall GF Score™ is 63/100 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 Asphere Innovations PCL (BKK:AS), the current Net Cash per Share is ฿0.16 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?
Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued.
The current stock price of ฿2.26 is trading 34.3% below its estimated GF Value™ of ฿3.44.
GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.
Key valuation signals for BKK:AS:
Net Cash per Share: ฿0.16
GF Value™: ฿3.44 vs. price of ฿2.26 (34.3% below fair value)
No single metric tells the full story. See the BKK:AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
63GF Score
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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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