KCE Electronics PCL (BKK:KCE-R) Net Cash per Share: ฿-2.34 (As of Mar. 2026)


BKK:KCE-R KCE Electronics PCL BKK:KCE-R
69 GF Score
Price ฿24.00
GF Value ฿17.32
! 10 Warning Signs
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What is KCE Electronics PCL Net Cash per Share?

KCE Electronics PCL BKK:KCE-R 69 Net Cash per Share is ฿-2.34 as of Mar. 2026. GuruFocus rates BKK:KCE-R with a GF Score™ of 69/100 and a GF Value™ of ฿17.32. The stock has 10 warning signs investors should review. Among 632 Hardware companies, KCE Electronics PCL ranks worse than 158227.69% 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). KCE Electronics PCL's Net Cash per Share for the quarter that ended in Mar. 2026 was ฿-2.34.

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

BKK:KCE-R's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.94
* Ranked among companies with meaningful Price-to-Net-Cash only.

KCE Electronics PCL  (BKK:KCE-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.


KCE Electronics PCL Net Cash per Share Related Terms


KCE Electronics PCL Net Cash per Share Historical Data

* Premium members only.

The historical data trend for KCE Electronics 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.

KCE Electronics PCL Net Cash per Share Chart

KCE Electronics PCL 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 -5.15 -5.47 -3.16 -2.62 -2.39

KCE Electronics 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 -2.06 -2.74 -3.05 -2.39 -2.34

BKK:KCE-R vs APH, GLW, TEL: Net Cash per Share Comparison

For the Electronic Components subindustry, KCE Electronics 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.


KCE Electronics PCL Price-to-Net-Cash vs Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where KCE Electronics PCL's Price-to-Net-Cash falls into.


BKK:KCE-R
69GF Score
KCE Electronics PCL BKK:KCE-R
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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KCE Electronics 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.

KCE Electronics 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)
=(1969.258-4733.513-59.813)/1182.089
=-2.39

KCE Electronics 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)
=(1774.979-4478.638-65.801)/1182.089
=-2.34

* 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 ฿-2.34 mean?
KCE Electronics PCL (BKK:KCE-R) has a Net Cash per Share of ฿-2.34 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 KCE Electronics PCL and its competitors. According to the industry distribution chart, KCE Electronics PCL ranks #999999 out of 632 companies in the Hardware industry.
Is KCE Electronics PCL's Net Cash per Share too high?
KCE Electronics PCL's current Net Cash per Share is ฿-2.34. Based on the distribution chart, KCE Electronics PCL ranks #999999 out of 632 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, KCE Electronics PCL has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Net Cash per Share compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #999999 out of 632 companies for Net Cash per Share. This places KCE Electronics PCL in the lower half of its industry. The industry median Net Cash per Share is 9.94. 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 Hardware company?
The median Net Cash per Share among Hardware companies is 9.94, based on 632 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 KCE Electronics PCL and its competitors. For the Hardware industry, the median Net Cash per Share is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Net Cash per Share is ฿-2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Net Cash per Share of ฿-2.34. The stock's GF Value™ is ฿17.32, compared to a current price of ฿24.00 — trading 38.6% above its estimated fair value. The current Net Cash per Share is ฿-2.34. KCE Electronics PCL's overall GF Score™ is 69/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Net Cash per Share is ฿-2.34 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?

Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued. The current stock price of ฿24.00 is trading 38.6% above its estimated GF Value™ of ฿17.32.

Key valuation signals for BKK:KCE-R:

  • Net Cash per Share: ฿-2.34
  • GF Value™: ฿17.32 vs. price of ฿24.00 (38.6% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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


KCE Electronics PCL Business Description

Address No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
69GF Score

Get the complete analysis for BKK:KCE-R

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

฿24.00
Price
฿17.32
GF Value