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Ichitan Group PCLBKK:ICHI-R 94 Net Cash per Share is ฿0.23 as of Mar. 2026, which is 100% below its 10-year median of 53.48. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.00. The stock has 7 warning signs investors should review. Among 31 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks worse than 77.42% on this metric.
The historical rank and industry rank for Ichitan Group PCL's Net Cash per Share or its related term are showing as below:
BKK:ICHI-R'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 53.48 Med: 53.48 Max: 62.61
Current: 62.35
During the past 13 years, the highest Price-to-Net-Cash Ratio of Ichitan Group PCL was 62.61. The lowest was 53.48. And the median was 53.48.
BKK:ICHI-R's Price-to-Net-Cash is ranked worse than 77.42% of 31
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 17.3
vs BKK:ICHI-R: 62.35
Ichitan Group PCL (BKK:ICHI-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.
Ichitan Group PCL Net Cash per Share Related Terms
Ichitan Group PCL Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Ichitan Group 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:ICHI-R vs KO, PEP, MNST: Net Cash per Share Comparison
For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL Price-to-Net-Cash vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Ichitan Group PCL's Price-to-Net-Cash falls into.
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.
Ichitan Group 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.
Ichitan Group PCL (BKK:ICHI-R) has a Net Cash per Share of ฿0.23 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 Ichitan Group PCL and its competitors. This is 100% below median its historical median of 53.48. Over the past decade, Ichitan Group PCL's Net Cash per Share has ranged from 53.48 to 62.61. According to the industry distribution chart, Ichitan Group PCL ranks #24 out of 31 companies in the Beverages - Non-Alcoholic industry, placing it in the top 77.4%.
Is Ichitan Group PCL's Net Cash per Share too high?
Ichitan Group PCL's current Net Cash per Share of ฿0.23 is 100% below median its 10-year median of 53.48. Over the past 10 years, this metric has ranged from a low of 53.48 to a high of 62.61. Based on the distribution chart, Ichitan Group PCL ranks #24 out of 31 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Net Cash per Share compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #24 out of 31 companies for Net Cash per Share. This places Ichitan Group PCL in the lower half of its industry. The industry median Net Cash per Share is 17.30. Historically, Ichitan Group PCL's own Net Cash per Share has ranged from 53.48 to 62.61 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 a Beverages - Non-Alcoholic company?
The median Net Cash per Share among Beverages - Non-Alcoholic companies is 17.30, based on 31 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Cash per Share is 17.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Net Cash per Share is ฿0.23, which is 100% below median its own 10-year median of 53.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Net Cash per Share of ฿0.23. The stock's GF Value™ is ฿11.00, compared to a current price of ฿10.60 — trading 3.6% below its estimated fair value. The current Net Cash per Share is ฿0.23, which is 100% below median its 10-year median of 53.48. Ichitan Group PCL's overall GF Score™ is 94/100 with 7 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 Ichitan Group PCL (BKK:ICHI-R), the current Net Cash per Share is ฿0.23 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 3.6% below its estimated GF Value™ of ฿11.00.
Key valuation signals for BKK:ICHI-R:
Net Cash per Share: ฿0.23 (100% below median its 10-year median of 53.48)
GF Value™: ฿11.00 vs. price of ฿10.60 (3.6% below fair value)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
Get the complete analysis for BKK:ICHI-R
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