Bangkok Expressway (BKK:BECL-R) Net Cash per Share: ฿-41.81 (As of Sep. 2015)

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What is Bangkok Expressway Net Cash per Share?

Bangkok Expressway BKK:BECL-R Net Cash per Share is ฿-41.81 as of Sep. 2015. The stock has 2 warning signs investors should review.

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). Bangkok Expressway's Net Cash per Share for the quarter that ended in Sep. 2015 was ฿-41.81.

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

BKK:BECL-R's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 10.36
* Ranked among companies with meaningful Price-to-Net-Cash only.

Bangkok Expressway  (BKK:BECL-R) 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.

Bangkok Expressway Net Cash per Share Related Terms

Bangkok Expressway Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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.

Bangkok Expressway Net Cash per Share Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.16 -21.76 -22.26 -35.65 -38.36

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -38.67 -38.36 -39.14 -43.09 -41.81

BKK:BECL-R vs GVA, PRIM: Net Cash per Share Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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.

Bangkok Expressway Price-to-Net-Cash vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Price-to-Net-Cash distribution charts can be found below:

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


Bangkok Expressway 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.

Bangkok Expressway's Net Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as

Net Cash per Share (A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4168.322-33637.101-72.056)/770.000
=-38.36

Bangkok Expressway's Net Cash per Share for the quarter that ended in Sep. 2015 is calculated as

Net Cash per Share (Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4390.053-36470.495-115.678)/770.000
=-41.81

* 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 ฿-41.81 mean?
Bangkok Expressway (BKK:BECL-R) has a Net Cash per Share of ฿-41.81 as of Sep. 2015. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Bangkok Expressway and its competitors.
Is Bangkok Expressway's Net Cash per Share too high?
Bangkok Expressway's current Net Cash per Share is ฿-41.81.
How does Bangkok Expressway's Net Cash per Share compare to GVA and PRIM?
Bangkok Expressway's Net Cash per Share of ฿-41.81 can be compared against companies in the Construction industry. The industry median Net Cash per Share is 10.36. 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 Construction company?
The median Net Cash per Share among Construction companies is 10.36, based on 201 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 Bangkok Expressway and its competitors. For the Construction industry, the median Net Cash per Share is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Net Cash per Share is ฿-41.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Net Cash per Share of ฿-41.81. The current Net Cash per Share is ฿-41.81. 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 Bangkok Expressway (BKK:BECL-R), the current Net Cash per Share is ฿-41.81 as of Sep. 2015. 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.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.