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DnowDNOW +2.03%80 Net Cash per Share is $-8.89 as of Jun. 2026. GuruFocus rates DNOW with a GF Score™ of 80/100 and a GF Value™ of $16.15 (Fairly Valued). The stock has 6 warning signs investors should review. Among 19 Industrial Distribution companies, Dnow ranks worse than 5263152.63% on this metric.
The historical rank and industry rank for Dnow'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 Dnow was 28.38. The lowest was 10.11. And the median was 28.03.
DNOW's Price-to-Net-Cash is not ranked *
in the Industrial Distribution industry.
Industry Median: 8.82 * Ranked among companies with meaningful Price-to-Net-Cash only.
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.
Dnow Net Cash per Share Related Terms
Dnow Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Dnow'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.
DNOW vs DXPE, REZI, DSGR: Net Cash per Share Comparison
For the Industrial Distribution subindustry, Dnow'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.
Dnow Price-to-Net-Cash vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Dnow's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Dnow'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.
Dnow's Net Cash per Share for the fiscal year that ended in Dec. 2025 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.
Dnow (DNOW) has a Net Cash per Share of $-8.89 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 Dnow and its competitors. According to the industry distribution chart, Dnow ranks #999999 out of 19 companies in the Industrial Distribution industry.
Is Dnow's Net Cash per Share too high?
Dnow's current Net Cash per Share is $-8.89. Based on the distribution chart, Dnow ranks #999999 out of 19 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Dnow has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dnow's Net Cash per Share compare to DXPE and REZI?
According to the Industrial Distribution industry distribution chart, Dnow ranks #999999 out of 19 companies for Net Cash per Share. This places Dnow in the lower half of its industry. The industry median Net Cash per Share is 8.82. 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 Distribution company?
The median Net Cash per Share among Industrial Distribution companies is 8.82, based on 19 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 Dnow and its competitors. For the Industrial Distribution industry, the median Net Cash per Share is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dnow's current Net Cash per Share is $-8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dnow stock overvalued right now?
Based on GuruFocus' analysis, Dnow (DNOW) is currently considered Fairly Valued. The stock's GF Value™ is $16.15, compared to a current price of $16.12 — trading 0.2% below its estimated fair value. The current Net Cash per Share is $-8.89. Dnow's overall GF Score™ is 80/100 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 Dnow (DNOW), the current Net Cash per Share is $-8.89 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 Dnow (DNOW) Overvalued in 2026?
Based on GuruFocus' analysis, Dnow stock appears to be undervalued.
The current stock price of $16.12 is trading 0.2% below its estimated GF Value™ of $16.15.
GuruFocus considers Dnow to be Fairly Valued.
Key valuation signals for DNOW:
Net Cash per Share: $-8.89
GF Value™: $16.15 vs. price of $16.12 (0.2% below fair value)
No single metric tells the full story. See the DNOW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dnow Inc is a provider of energy and industrial solutions and a distributor of pipe, valves, and fittings (PVF) and pumps, as well as fabrication, assembly, and testing of process and production equipment. It provides a broad mix of products required to build and maintain essential infrastructure and operating equipment across upstream, midstream, gas utilities, downstream, energy transition, and industrial markets, along with value-added supply chain solutions and technical product expertise supported by digital offerings through its DigitalNOW and MRCGO e-commerce platforms. The company operates mainly under the DNOW and MRC brands and has three reportable segments: the United States, which generates the majority of revenue, Canada, and International.
80GF Score
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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