CFOR (CapForce) Net Cash per Share: $-0.49 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CFOR CapForce Inc CFOR
54 GF Score
Price $4.60
GF Value $2.96
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is CapForce Net Cash per Share?

CapForce CFOR 54 Net Cash per Share is $-0.49 as of Mar. 2026. GuruFocus rates CFOR with a GF Score™ of 54/100 and a GF Value™ of $2.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 223 Capital Markets companies, CapForce ranks worse than 448430.04% 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). CapForce's Net Cash per Share for the quarter that ended in Mar. 2026 was $-0.49.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of CapForce was 61.99. The lowest was 1.35. And the median was 8.37.

CFOR's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 5.69
* Ranked among companies with meaningful Price-to-Net-Cash only.

CapForce  (OTCPK:CFOR) 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.


CapForce Net Cash per Share Related Terms


CapForce Net Cash per Share Historical Data

* Premium members only.

The historical data trend for CapForce'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.

CapForce Net Cash per Share Chart

CapForce 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 24.27 -37.23 -9.58 -0.12 -0.56

CapForce 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 -0.12 -0.17 -0.21 -0.56 -0.49

CFOR vs FUFU, CD, SLNH: Net Cash per Share Comparison

For the Capital Markets subindustry, CapForce'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.


CapForce Price-to-Net-Cash vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CapForce's Price-to-Net-Cash distribution charts can be found below:

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


CFOR
54GF Score
CapForce Inc CFOR
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CapForce 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.

CapForce'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)
=(0.531-6.199-0)/10.149
=-0.56

CapForce'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)
=(0.079-6.197-0)/12.368
=-0.49

* 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 $-0.49 mean?
CapForce (CFOR) has a Net Cash per Share of $-0.49 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 CapForce and its competitors. Over the past decade, CapForce's Net Cash per Share has ranged from 1.35 to 61.99. According to the industry distribution chart, CapForce ranks #999999 out of 223 companies in the Capital Markets industry.
Is CapForce's Net Cash per Share too high?
CapForce's current Net Cash per Share is $-0.49. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 61.99. Based on the distribution chart, CapForce ranks #999999 out of 223 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, CapForce has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CapForce's Net Cash per Share compare to FUFU and CD?
According to the Capital Markets industry distribution chart, CapForce ranks #999999 out of 223 companies for Net Cash per Share. This places CapForce in the lower half of its industry. The industry median Net Cash per Share is 5.69. Historically, CapForce's own Net Cash per Share has ranged from 1.35 to 61.99 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 Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 5.69, based on 223 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 CapForce and its competitors. For the Capital Markets industry, the median Net Cash per Share is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapForce's current Net Cash per Share is $-0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapForce stock overvalued right now?
Based on GuruFocus' analysis, CapForce (CFOR) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.96, compared to a current price of $4.60 — trading 55.4% above its estimated fair value. The current Net Cash per Share is $-0.49. CapForce's overall GF Score™ is 54/100 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 CapForce (CFOR), the current Net Cash per Share is $-0.49 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 CapForce (CFOR) Overvalued in 2026?

Based on GuruFocus' analysis, CapForce stock appears to be overvalued. The current stock price of $4.60 is trading 55.4% above its estimated GF Value™ of $2.96. GuruFocus considers CapForce to be Significantly Overvalued.

Key valuation signals for CFOR:

  • Net Cash per Share: $-0.49
  • GF Value™: $2.96 vs. price of $4.60 (55.4% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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


CapForce Business Description

Other Exchanges 0A8L:UK
Address 23219 Stringtown Road, Suite 300, Clarksburg, MD, USA, 20871
CapForce Inc offers capital market listing sponsorship services to mid-sized growth-stage private companies around the world targeting public market listings with market capitalization values between $1 billion and $10 billion. It is also progressing toward the launch of a next-generation digital investment banking platform. This platform is being designed to support cross-border securities trading, developed computational model-enabled investment banking advisory and asset management services, and fintech-enabled cap table management solutions.
54GF Score

Get the complete analysis for CFOR

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

$4.60
Price
$2.96
GF Value