Sao Martinho (BSP:SMTO3) Net Cash per Share: R$-36.20 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
83 GF Score
Price R$18.41
GF Value R$21.19
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sao Martinho Net Cash per Share?

Sao Martinho BSP:SMTO3 +3.43% 83 Net Cash per Share is R$-36.20 as of Jun. 2026. GuruFocus rates BSP:SMTO3 with a GF Score™ of 83/100 and a GF Value™ of R$21.19 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 309 Chemicals companies, Sao Martinho ranks worse than 323624.27% 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). Sao Martinho's Net Cash per Share for the quarter that ended in Jun. 2026 was R$-36.20.

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

BSP:SMTO3's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.85
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sao Martinho  (BSP:SMTO3) 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.


Sao Martinho Net Cash per Share Related Terms


Sao Martinho Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Sao Martinho'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.

Sao Martinho Net Cash per Share Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.18 -28.39 -29.95 -36.48 -36.72

Sao Martinho Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -37.09 -38.21 -38.53 -36.72 -36.20

BSP:SMTO3 vs LIN, SHW, ECL: Net Cash per Share Comparison

For the Specialty Chemicals subindustry, Sao Martinho'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.


Sao Martinho Price-to-Net-Cash vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's Price-to-Net-Cash distribution charts can be found below:

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


BSP:SMTO3
83GF Score
Sao Martinho SA BSP:SMTO3
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Martinho 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.

Sao Martinho's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4202.901-16053.975-0)/322.773
=-36.72

Sao Martinho's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4852.37-16537.919-0)/322.773
=-36.20

* 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 R$-36.20 mean?
Sao Martinho (BSP:SMTO3) has a Net Cash per Share of R$-36.20 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 Sao Martinho and its competitors. According to the industry distribution chart, Sao Martinho ranks #999999 out of 309 companies in the Chemicals industry.
Is Sao Martinho's Net Cash per Share too high?
Sao Martinho's current Net Cash per Share is R$-36.20. Based on the distribution chart, Sao Martinho ranks #999999 out of 309 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sao Martinho has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Net Cash per Share compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #999999 out of 309 companies for Net Cash per Share. This places Sao Martinho in the lower half of its industry. The industry median Net Cash per Share is 8.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Chemicals company?
The median Net Cash per Share among Chemicals companies is 8.85, based on 309 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sao Martinho and its competitors. For the Chemicals industry, the median Net Cash per Share is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current Net Cash per Share is R$-36.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$21.19, compared to a current price of R$18.41 — trading 13.1% below its estimated fair value. The current Net Cash per Share is R$-36.20. Sao Martinho's overall GF Score™ is 83/100 with 9 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 Sao Martinho (BSP:SMTO3), the current Net Cash per Share is R$-36.20 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$18.41 is trading 13.1% below its estimated GF Value™ of R$21.19. GuruFocus considers Sao Martinho to be Modestly Undervalued.

Key valuation signals for BSP:SMTO3:

  • Net Cash per Share: R$-36.20
  • GF Value™: R$21.19 vs. price of R$18.41 (13.1% below fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
83GF Score

Get the complete analysis for BSP:SMTO3

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

R$18.41
Price
R$21.19
GF Value