CPWHF (Ceres Power Holdings) Net Cash per Share: $0.31 (As of Dec. 2025) — 96% Below Median

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CPWHF Ceres Power Holdings PLC CPWHF
53 GF Score
Price $5.52
GF Value $4.72
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ceres Power Holdings Net Cash per Share?

Ceres Power Holdings CPWHF +1.66% 53 Net Cash per Share is $0.31 as of Dec. 2025, which is 96% below its 10-year median of 8.20. GuruFocus rates CPWHF with a GF Score™ of 53/100 and a GF Value™ of $4.72 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 600 Industrial Products companies, Ceres Power Holdings ranks worse than 65.33% 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). Ceres Power Holdings's Net Cash per Share for the quarter that ended in Dec. 2025 was $0.31.

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

CPWHF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.1   Med: 8.2   Max: 153.25
Current: 17.81

During the past 13 years, the highest Price-to-Net-Cash Ratio of Ceres Power Holdings was 153.25. The lowest was 3.10. And the median was 8.20.

CPWHF's Price-to-Net-Cash is ranked worse than
65.33% of 600 companies
in the Industrial Products industry
Industry Median: 10.145 vs CPWHF: 17.81

Ceres Power Holdings  (OTCPK:CPWHF) 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.


Ceres Power Holdings Net Cash per Share Related Terms


Ceres Power Holdings Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Net Cash per Share Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 0.99 0.75 0.49 0.31

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.75 0.64 0.49 0.53 0.31

CPWHF vs VRT, BE: Net Cash per Share Comparison

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings Price-to-Net-Cash vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Price-to-Net-Cash distribution charts can be found below:

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


CPWHF
53GF Score
Ceres Power Holdings PLC CPWHF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceres Power Holdings 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.

Ceres Power Holdings'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)
=(111.475-51.071-0)/194.695
=0.31

Ceres Power Holdings's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(111.475-51.071-0)/194.695
=0.31

* 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 $0.31 mean?
Ceres Power Holdings (CPWHF) has a Net Cash per Share of $0.31 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Ceres Power Holdings and its competitors. This is 96% below median its historical median of 8.20. Over the past decade, Ceres Power Holdings' Net Cash per Share has ranged from 3.10 to 153.25. According to the industry distribution chart, Ceres Power Holdings ranks #392 out of 600 companies in the Industrial Products industry, placing it in the top 65.3%.
Is Ceres Power Holdings' Net Cash per Share too high?
Ceres Power Holdings' current Net Cash per Share of $0.31 is 96% below median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 3.10 to a high of 153.25. The Industrial Products industry median Net Cash per Share is 10.15. Ceres Power Holdings' value of $0.31 is 96.9% below this industry median. Based on the distribution chart, Ceres Power Holdings ranks #392 out of 600 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ceres Power Holdings has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Net Cash per Share compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ceres Power Holdings ranks #392 out of 600 companies for Net Cash per Share. This places Ceres Power Holdings in the lower half of its industry. The industry median Net Cash per Share is 10.15. Ceres Power Holdings' value of $0.31 is 96.9% below this benchmark. Historically, Ceres Power Holdings' own Net Cash per Share has ranged from 3.10 to 153.25 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 10.15, Ceres Power Holdings has consistently been below the industry average. 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 an Industrial Products company?
The median Net Cash per Share among Industrial Products companies is 10.15, based on 600 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. Ceres Power Holdings's current Net Cash per Share of $0.31 is 96.9% below 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 Ceres Power Holdings and its competitors. For the Industrial Products industry, the median Net Cash per Share is 10.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceres Power Holdings's current Net Cash per Share is $0.31, which is 96% below median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (CPWHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.72, compared to a current price of $5.52 — trading 16.9% above its estimated fair value. The current Net Cash per Share is $0.31, which is 96% below median its 10-year median of 8.20 and 96.9% below the Industrial Products industry median of 10.15. Ceres Power Holdings' overall GF Score™ is 53/100 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 Ceres Power Holdings (CPWHF), the current Net Cash per Share is $0.31 as of Dec. 2025. 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 Ceres Power Holdings (CPWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of $5.52 is trading 16.9% above its estimated GF Value™ of $4.72. GuruFocus considers Ceres Power Holdings to be Modestly Overvalued.

Key valuation signals for CPWHF:

  • Net Cash per Share: $0.31 (96% below median its 10-year median of 8.20)
  • GF Value™: $4.72 vs. price of $5.52 (16.9% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 96.9% below the Industrial Products median (#392 of 600)

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


Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
53GF Score

Get the complete analysis for CPWHF

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

$5.52
Price
$4.72
GF Value