Earth Tech Environment PCL (BKK:ETC-R) Net Cash per Share: ฿0.36 (As of Mar. 2026) — 83% Below Median

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BKK:ETC-R Earth Tech Environment PCL BKK:ETC-R
74 GF Score
Price ฿0.68
GF Value ฿1.78
! 6 Warning Signs
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What is Earth Tech Environment PCL Net Cash per Share?

Earth Tech Environment PCL BKK:ETC-R 74 Net Cash per Share is ฿0.36 as of Mar. 2026, which is 100% below its 10-year median of 2.08. GuruFocus rates BKK:ETC-R with a GF Score™ of 74/100 and a GF Value™ of ฿1.78. The stock has 6 warning signs investors should review. Among 49 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks better than 73.47% 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). Earth Tech Environment PCL's Net Cash per Share for the quarter that ended in Mar. 2026 was ฿0.36.

The historical rank and industry rank for Earth Tech Environment PCL's Net Cash per Share or its related term are showing as below:

BKK:ETC-R' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.7   Med: 2.08   Max: 95.5
Current: 1.99

During the past 8 years, the highest Price-to-Net-Cash Ratio of Earth Tech Environment PCL was 95.50. The lowest was 1.70. And the median was 2.08.

BKK:ETC-R's Price-to-Net-Cash is ranked better than
73.47% of 49 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.33 vs BKK:ETC-R: 1.99

Earth Tech Environment PCL  (BKK:ETC-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.


Earth Tech Environment PCL Net Cash per Share Related Terms


Earth Tech Environment PCL Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Net Cash per Share Chart

Earth Tech Environment PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial -0.03 -0.20 -0.29 -0.01 0.33

Earth Tech Environment PCL 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 -0.06 -0.07 0.33 0.33 0.36

Earth Tech Environment PCL Net Cash per Share Competitor Comparison

For the Utilities - Renewable subindustry, Earth Tech Environment 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.


Earth Tech Environment PCL Price-to-Net-Cash vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Earth Tech Environment PCL's Price-to-Net-Cash falls into.


BKK:ETC-R
74GF Score
Earth Tech Environment PCL BKK:ETC-R
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earth Tech Environment 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.

Earth Tech Environment PCL'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)
=(1102.139-308.722-44.983)/2240.000
=0.33

Earth Tech Environment PCL'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)
=(1129.353-279.467-46.084)/2240.000
=0.36

* 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 ฿0.36 mean?
Earth Tech Environment PCL (BKK:ETC-R) has a Net Cash per Share of ฿0.36 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 Earth Tech Environment PCL and its competitors. This is 83% below median its historical median of 2.08. Over the past decade, Earth Tech Environment PCL's Net Cash per Share has ranged from 1.70 to 95.50. According to the industry distribution chart, Earth Tech Environment PCL ranks #13 out of 49 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.5%.
Is Earth Tech Environment PCL's Net Cash per Share too high?
Earth Tech Environment PCL's current Net Cash per Share of ฿0.36 is 83% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 95.50. Based on the distribution chart, Earth Tech Environment PCL ranks #13 out of 49 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Earth Tech Environment PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's Net Cash per Share compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #13 out of 49 companies for Net Cash per Share. This puts Earth Tech Environment PCL in the upper half of its industry. The industry median Net Cash per Share is 6.33. Historically, Earth Tech Environment PCL's own Net Cash per Share has ranged from 1.70 to 95.50 over the past decade. 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 Utilities - Independent Power Producers company?
The median Net Cash per Share among Utilities - Independent Power Producers companies is 6.33, based on 49 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 Earth Tech Environment PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Net Cash per Share is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earth Tech Environment PCL's current Net Cash per Share is ฿0.36, which is 83% below median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current Net Cash per Share of ฿0.36. The stock's GF Value™ is ฿1.78, compared to a current price of ฿0.68 — trading 62% below its estimated fair value. The current Net Cash per Share is ฿0.36, which is 83% below median its 10-year median of 2.08. Earth Tech Environment PCL's overall GF Score™ is 74/100 with 6 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 Earth Tech Environment PCL (BKK:ETC-R), the current Net Cash per Share is ฿0.36 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 62% below its estimated GF Value™ of ฿1.78.

Key valuation signals for BKK:ETC-R:

  • Net Cash per Share: ฿0.36 (83% below median its 10-year median of 2.08)
  • GF Value™: ฿1.78 vs. price of ฿0.68 (62% below fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Earth Tech Environment PCL Business Description

Other Exchanges ETC:Thailand
Address 88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA, 18110
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
74GF Score

Get the complete analysis for BKK:ETC-R

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

฿0.68
Price
฿1.78
GF Value