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China Tourism Group Duty FreeCTGDF 81 Net Cash per Share is $0.53 as of Mar. 2026, which is 98% below its 10-year median of 26.94. GuruFocus rates CTGDF with a GF Score™ of 81/100. The stock has 5 warning signs investors should review. Among 135 Retail - Cyclical companies, China Tourism Group Duty Free ranks worse than 66.67% on this metric.
The historical rank and industry rank for China Tourism Group Duty Free'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 China Tourism Group Duty Free was 314.14. The lowest was 7.69. And the median was 26.94.
CTGDF's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.39 * Ranked among companies with meaningful Price-to-Net-Cash only.
China Tourism Group Duty Free (OTCPK:CTGDF) 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.
China Tourism Group Duty Free Net Cash per Share Related Terms
China Tourism Group Duty Free Net Cash per Share Historical Data
* 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.
China Tourism Group Duty Free Net Cash per Share Chart
CTGDF vs CASY, WSM, ULTA: Net Cash per Share Comparison
For the Specialty Retail subindustry, China Tourism Group Duty Free'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.
China Tourism Group Duty Free Price-to-Net-Cash vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Price-to-Net-Cash falls into.
China Tourism Group Duty Free 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.
* 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.
China Tourism Group Duty Free (CTGDF) has a Net Cash per Share of $0.53 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 China Tourism Group Duty Free and its competitors. This is 98% below median its historical median of 26.94. Over the past decade, China Tourism Group Duty Free's Net Cash per Share has ranged from 7.69 to 314.14. According to the industry distribution chart, China Tourism Group Duty Free ranks #90 out of 135 companies in the Retail - Cyclical industry, placing it in the top 66.7%.
Is China Tourism Group Duty Free's Net Cash per Share too high?
China Tourism Group Duty Free's current Net Cash per Share of $0.53 is 98% below median its 10-year median of 26.94. Over the past 10 years, this metric has ranged from a low of 7.69 to a high of 314.14. The Retail - Cyclical industry median Net Cash per Share is 7.39. China Tourism Group Duty Free's value of $0.53 is 92.8% below this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #90 out of 135 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Net Cash per Share compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #90 out of 135 companies for Net Cash per Share. This places China Tourism Group Duty Free in the lower half of its industry. The industry median Net Cash per Share is 7.39. China Tourism Group Duty Free's value of $0.53 is 92.8% below this benchmark. Historically, China Tourism Group Duty Free's own Net Cash per Share has ranged from 7.69 to 314.14 over the past decade. While the company's 10-year median is 26.94 vs. the industry median of 7.39, China Tourism Group Duty Free 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 a Retail - Cyclical company?
The median Net Cash per Share among Retail - Cyclical companies is 7.39, based on 135 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. China Tourism Group Duty Free's current Net Cash per Share of $0.53 is 92.8% 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 China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median Net Cash per Share is 7.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Net Cash per Share is $0.53, which is 98% below median its own 10-year median of 26.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Net Cash per Share of $0.53. The current Net Cash per Share is $0.53, which is 98% below median its 10-year median of 26.94 and 92.8% below the Retail - Cyclical industry median of 7.39. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 5 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 China Tourism Group Duty Free (CTGDF), the current Net Cash per Share is $0.53 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.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score
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