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Cal-Maine Foods (NAS:CALM) 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.
Cal-Maine Foods Net Cash per Share Related Terms
Cal-Maine Foods Net Cash per Share Historical Data
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The historical data trend for Cal-Maine Foods'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.
CALM vs AGRO, DMC, DOLE: Net Cash per Share Comparison
For the Farm Products subindustry, Cal-Maine Foods'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.
Cal-Maine Foods Price-to-Net-Cash vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Cal-Maine Foods'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.
Cal-Maine Foods's Net Cash per Share for the fiscal year that ended in May. 2026 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.
Cal-Maine Foods (CALM) has a Net Cash per Share of $9.56 as of May. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Cal-Maine Foods and its competitors. According to the industry distribution chart, Cal-Maine Foods ranks #167 out of 322 companies in the Consumer Packaged Goods industry, placing it in the top 51.9%.
Is Cal-Maine Foods' Net Cash per Share too high?
Cal-Maine Foods' current Net Cash per Share is $9.56. The Consumer Packaged Goods industry median Net Cash per Share is 7.32. Cal-Maine Foods' value of $9.56 is 30.7% above this industry median. Based on the distribution chart, Cal-Maine Foods ranks #167 out of 322 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Cal-Maine Foods has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cal-Maine Foods' Net Cash per Share compare to AGRO and DMC?
According to the Consumer Packaged Goods industry distribution chart, Cal-Maine Foods ranks #167 out of 322 companies for Net Cash per Share. This places Cal-Maine Foods in the lower half of its industry. The industry median Net Cash per Share is 7.32. Cal-Maine Foods' value of $9.56 is 30.7% above this benchmark. 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 Consumer Packaged Goods company?
The median Net Cash per Share among Consumer Packaged Goods companies is 7.32, based on 322 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. Cal-Maine Foods's current Net Cash per Share of $9.56 is 30.7% above the industry median. 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 Cal-Maine Foods and its competitors. For the Consumer Packaged Goods industry, the median Net Cash per Share is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cal-Maine Foods's current Net Cash per Share is $9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal-Maine Foods stock overvalued right now?
Based on GuruFocus' analysis, Cal-Maine Foods (CALM) is currently considered Fairly Valued. The stock's GF Value™ is $67.34, compared to a current price of $73.98 — trading 9.9% above its estimated fair value. The current Net Cash per Share is $9.56 and 30.7% above the Consumer Packaged Goods industry median of 7.32. Cal-Maine Foods' overall GF Score™ is 72/100 with 4 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 Cal-Maine Foods (CALM), the current Net Cash per Share is $9.56 as of May. 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 Cal-Maine Foods (CALM) Overvalued in 2026?
Based on GuruFocus' analysis, Cal-Maine Foods stock appears to be overvalued.
The current stock price of $73.98 is trading 9.9% above its estimated GF Value™ of $67.34.
GuruFocus considers Cal-Maine Foods to be Fairly Valued.
Key valuation signals for CALM:
Net Cash per Share: $9.56
GF Value™: $67.34 vs. price of $73.98 (9.9% above fair value)
Industry Position: 30.7% above the Consumer Packaged Goods median (#167 of 322)
No single metric tells the full story. See the CALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
72GF Score
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