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AIC MinesFRA:HLS -0.83%33 Net Cash per Share is €-0.03 as of Dec. 2025. GuruFocus rates FRA:HLS with a GF Score™ of 33/100 and a GF Value™ of €0.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,060 Metals & Mining companies, AIC Mines ranks worse than 94339.53% on this metric.
The historical rank and industry rank for AIC Mines'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 AIC Mines was 26.25. The lowest was 0.74. And the median was 1.68.
FRA:HLS's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5 * Ranked among companies with meaningful Price-to-Net-Cash only.
AIC Mines (FRA:HLS) 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.
AIC Mines Net Cash per Share Related Terms
AIC Mines Net Cash per Share Historical Data
* Premium members only.
The historical data trend for AIC Mines'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.
For the Other Precious Metals & Mining subindustry, AIC Mines'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.
AIC Mines Price-to-Net-Cash vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AIC Mines's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where AIC Mines'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.
AIC Mines's Net Cash per Share for the fiscal year that ended in Jun. 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.
AIC Mines (FRA:HLS) has a Net Cash per Share of €-0.03 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 AIC Mines and its competitors. According to the industry distribution chart, AIC Mines ranks #999999 out of 1060 companies in the Metals & Mining industry.
Is AIC Mines' Net Cash per Share too high?
AIC Mines' current Net Cash per Share is €-0.03. Based on the distribution chart, AIC Mines ranks #999999 out of 1060 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, AIC Mines has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIC Mines' Net Cash per Share compare to HL?
According to the Metals & Mining industry distribution chart, AIC Mines ranks #999999 out of 1060 companies for Net Cash per Share. This places AIC Mines in the lower half of its industry. The industry median Net Cash per Share is 7.50. 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 Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.50, based on 1,060 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 AIC Mines and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIC Mines's current Net Cash per Share is €-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIC Mines stock overvalued right now?
Based on GuruFocus' analysis, AIC Mines (FRA:HLS) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.20, compared to a current price of €0.48 — trading 139% above its estimated fair value. The current Net Cash per Share is €-0.03. AIC Mines' overall GF Score™ is 33/100 with 7 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 AIC Mines (FRA:HLS), the current Net Cash per Share is €-0.03 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 AIC Mines (FRA:HLS) Overvalued in 2026?
Based on GuruFocus' analysis, AIC Mines stock appears to be overvalued.
The current stock price of €0.48 is trading 139% above its estimated GF Value™ of €0.20.
GuruFocus considers AIC Mines to be Significantly Overvalued.
Key valuation signals for FRA:HLS:
Net Cash per Share: €-0.03
GF Value™: €0.20 vs. price of €0.48 (139% above fair value)
No single metric tells the full story. See the FRA:HLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIC Mines Ltd is engaged in exploration, mine development and production, mine operations, and the sale of copper concentrate in Australia. The company's key projects include the Jericho copper project located south of Eloise, the Eloise Regional Project, the Cannington Project, the Windsor base metal project, and the Pyramid gold projects south of Charters Towers. Additionally, it operates the Delamerian Project with three large exploration licenses in western New South Wales, the Marymia Project, and the Peake and Denison Project located in the Northeast Gawler region. The company operates in one geographical area, Australia, and two segments are mining, exploration, and corporate activities.
33GF Score
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