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The historical rank and industry rank for CNO Financial Group's Net Cash per Share or its related term are showing as below:
FRA:COS's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 5.39 * Ranked among companies with meaningful Price-to-Net-Cash only.
CNO Financial Group (FRA:COS) 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.
CNO Financial Group Net Cash per Share Related Terms
CNO Financial Group Net Cash per Share Historical Data
* Premium members only.
The historical data trend for CNO Financial Group'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.
FRA:COS vs FG, GNW, BHF: Net Cash per Share Comparison
For the Insurance - Life subindustry, CNO Financial Group'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.
CNO Financial Group Price-to-Net-Cash vs Insurance Industry
For the Insurance industry and Financial Services sector, CNO Financial Group's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where CNO Financial Group's Price-to-Net-Cash falls into.
CNO Financial Group 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.
CNO Financial Group'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.
CNO Financial Group (FRA:COS) has a Net Cash per Share of €-262.31 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 CNO Financial Group and its competitors. According to the industry distribution chart, CNO Financial Group ranks #999999 out of 43 companies in the Insurance industry.
Is CNO Financial Group's Net Cash per Share too high?
CNO Financial Group's current Net Cash per Share is €-262.31. Based on the distribution chart, CNO Financial Group ranks #999999 out of 43 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, CNO Financial Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNO Financial Group's Net Cash per Share compare to FG and GNW?
According to the Insurance industry distribution chart, CNO Financial Group ranks #999999 out of 43 companies for Net Cash per Share. This places CNO Financial Group in the lower half of its industry. The industry median Net Cash per Share is 5.39. 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 Insurance company?
The median Net Cash per Share among Insurance companies is 5.39, based on 43 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 CNO Financial Group and its competitors. For the Insurance industry, the median Net Cash per Share is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNO Financial Group's current Net Cash per Share is €-262.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNO Financial Group stock overvalued right now?
Based on GuruFocus' analysis, CNO Financial Group (FRA:COS) is currently considered Modestly Overvalued. The stock's GF Value™ is €37.25, compared to a current price of €47.00 — trading 26.2% above its estimated fair value. The current Net Cash per Share is €-262.31. CNO Financial Group's overall GF Score™ is 69/100 with 8 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 CNO Financial Group (FRA:COS), the current Net Cash per Share is €-262.31 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 CNO Financial Group (FRA:COS) Overvalued in 2026?
Based on GuruFocus' analysis, CNO Financial Group stock appears to be overvalued.
The current stock price of €47.00 is trading 26.2% above its estimated GF Value™ of €37.25.
GuruFocus considers CNO Financial Group to be Modestly Overvalued.
Key valuation signals for FRA:COS:
Net Cash per Share: €-262.31
GF Value™: €37.25 vs. price of €47.00 (26.2% above fair value)
No single metric tells the full story. See the FRA:COS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CNO Financial Group Inc is a holding company for a group of insurance companies that develop, market and administer health insurance, annuity, individual life insurance and other insurance and financial services products. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
69GF Score
Get the complete analysis for FRA:COS
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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