HUB24 (FRA:FSB) Net Cash per Share: €-0.59 (As of Dec. 2025)

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FRA:FSB HUB24 Ltd FRA:FSB
35 GF Score
Price €51.17
GF Value €50.11
Valuation Fairly Valued
! 1 Warning Sign
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What is HUB24 Net Cash per Share?

HUB24 FRA:FSB -0.54% 35 Net Cash per Share is €-0.59 as of Dec. 2025. GuruFocus rates FRA:FSB with a GF Score™ of 35/100 and a GF Value™ of €50.11 (Fairly Valued). The stock has 1 warning sign investors should review. Among 225 Capital Markets companies, HUB24 ranks worse than 444444% 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). HUB24's Net Cash per Share for the quarter that ended in Dec. 2025 was €-0.59.

The historical rank and industry rank for HUB24'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 HUB24 was 297.00. The lowest was 22.70. And the median was 159.43.

FRA:FSB's Price-to-Net-Cash is not ranked *
in the Capital Markets industry.
Industry Median: 5.63
* Ranked among companies with meaningful Price-to-Net-Cash only.

HUB24  (FRA:FSB) 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.


HUB24 Net Cash per Share Related Terms


HUB24 Net Cash per Share Historical Data

* Premium members only.

The historical data trend for HUB24'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.

HUB24 Net Cash per Share Chart

HUB24 Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 -0.41 -0.10 -0.11 -0.12

HUB24 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 -0.18 -0.11 -0.16 -0.12 -0.59

FRA:FSB vs MS, GS, SCHW: Net Cash per Share Comparison

For the Capital Markets subindustry, HUB24'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.


HUB24 Price-to-Net-Cash vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HUB24's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where HUB24's Price-to-Net-Cash falls into.


FRA:FSB
35GF Score
HUB24 Ltd FRA:FSB
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HUB24 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.

HUB24's Net Cash per Share for the fiscal year that ended in Jun. 2025 is calculated as

Net Cash per Share (A: Jun. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(64.818-74.805-0)/80.730
=-0.12

HUB24'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)
=(32.035-80.103-0)/81.774
=-0.59

* 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 €-0.59 mean?
HUB24 (FRA:FSB) has a Net Cash per Share of €-0.59 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 HUB24 and its competitors. Over the past decade, HUB24's Net Cash per Share has ranged from 22.70 to 297.00. According to the industry distribution chart, HUB24 ranks #999999 out of 225 companies in the Capital Markets industry.
Is HUB24's Net Cash per Share too high?
HUB24's current Net Cash per Share is €-0.59. Over the past 10 years, this metric has ranged from a low of 22.70 to a high of 297.00. Based on the distribution chart, HUB24 ranks #999999 out of 225 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, HUB24 has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HUB24's Net Cash per Share compare to MS and GS?
According to the Capital Markets industry distribution chart, HUB24 ranks #999999 out of 225 companies for Net Cash per Share. This places HUB24 in the lower half of its industry. The industry median Net Cash per Share is 5.63. Historically, HUB24's own Net Cash per Share has ranged from 22.70 to 297.00 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 5.63, based on 225 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 HUB24 and its competitors. For the Capital Markets industry, the median Net Cash per Share is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUB24's current Net Cash per Share is €-0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUB24 stock overvalued right now?
Based on GuruFocus' analysis, HUB24 (FRA:FSB) is currently considered Fairly Valued. The stock's GF Value™ is €50.11, compared to a current price of €51.17 — trading 2.1% above its estimated fair value. The current Net Cash per Share is €-0.59. HUB24's overall GF Score™ is 35/100 with 1 warning sign 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 HUB24 (FRA:FSB), the current Net Cash per Share is €-0.59 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 HUB24 (FRA:FSB) Overvalued in 2026?

Based on GuruFocus' analysis, HUB24 stock appears to be overvalued. The current stock price of €51.17 is trading 2.1% above its estimated GF Value™ of €50.11. GuruFocus considers HUB24 to be Fairly Valued.

Key valuation signals for FRA:FSB:

  • Net Cash per Share: €-0.59
  • GF Value™: €50.11 vs. price of €51.17 (2.1% above fair value)
  • GF Score™: 35/100 with 1 warning sign

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


HUB24 Business Description

Other Exchanges HUB:Australia
Address 5 Martin Place, Level 17, Sydney, NSW, AUS, 2000
Hub24 is a diversified financial services business. The firm's core platform segment engages in the development and provision of custodial and noncustodial administration services to financial advisors, stockbrokers, accountants, and their clients. The tech solutions segment provides a range of technology and data services, as well as cloud-based software. Hub24 serves individuals, companies, trusts, associations, or self-managed superannuation funds. The firm has around 9.7% share of the Australian platform market, compared with the largest five providers with an average market share of 13.3% each.
35GF Score

Get the complete analysis for FRA:FSB

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

€51.17
Price
€50.11
GF Value