Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Lee & Man Paper Manufacturing's Net Cash per Share or its related term are showing as below:
FRA:LMP's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 3.295 * Ranked among companies with meaningful Price-to-Net-Cash only.
Lee & Man Paper Manufacturing (FRA:LMP) 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.
Lee & Man Paper Manufacturing Net Cash per Share Related Terms
Lee & Man Paper Manufacturing 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.
Lee & Man Paper Manufacturing Net Cash per Share Chart
Lee & Man Paper Manufacturing Net Cash per Share Competitor Comparison
For the Paper & Paper Products subindustry, Lee & Man Paper Manufacturing'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.
Lee & Man Paper Manufacturing Price-to-Net-Cash vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Lee & Man Paper Manufacturing's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Lee & Man Paper Manufacturing's Price-to-Net-Cash falls into.
Lee & Man Paper Manufacturing 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.
Lee & Man Paper Manufacturing (FRA:LMP) has a Net Cash per Share of €-0.67 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 Lee & Man Paper Manufacturing and its competitors. According to the industry distribution chart, Lee & Man Paper Manufacturing ranks #999999 out of 32 companies in the Forest Products industry.
Is Lee & Man Paper Manufacturing's Net Cash per Share too high?
Lee & Man Paper Manufacturing's current Net Cash per Share is €-0.67. Based on the distribution chart, Lee & Man Paper Manufacturing ranks #999999 out of 32 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Lee & Man Paper Manufacturing has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Lee & Man Paper Manufacturing's Net Cash per Share compare to competitors?
According to the Forest Products industry distribution chart, Lee & Man Paper Manufacturing ranks #999999 out of 32 companies for Net Cash per Share. This places Lee & Man Paper Manufacturing in the lower half of its industry. The industry median Net Cash per Share is 3.30. 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 Forest Products company?
The median Net Cash per Share among Forest Products companies is 3.30, based on 32 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 Lee & Man Paper Manufacturing and its competitors. For the Forest Products industry, the median Net Cash per Share is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Man Paper Manufacturing's current Net Cash per Share is €-0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Man Paper Manufacturing stock overvalued right now?
Lee & Man Paper Manufacturing (FRA:LMP) has a current Net Cash per Share of €-0.67. The stock's GF Value™ is €0.30, compared to a current price of €0.41 — trading 36% above its estimated fair value. The current Net Cash per Share is €-0.67. Lee & Man Paper Manufacturing's overall GF Score™ is 79/100 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 Lee & Man Paper Manufacturing (FRA:LMP), the current Net Cash per Share is €-0.67 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 Lee & Man Paper Manufacturing (FRA:LMP) Overvalued in 2026?
Based on GuruFocus' analysis, Lee & Man Paper Manufacturing stock appears to be overvalued.
The current stock price of €0.41 is trading 36% above its estimated GF Value™ of €0.30.
Key valuation signals for FRA:LMP:
Net Cash per Share: €-0.67
GF Value™: €0.30 vs. price of €0.41 (36% above fair value)
No single metric tells the full story. See the FRA:LMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lee & Man Paper Manufacturing Ltd is an investment holding company engaged in the manufacturing and trading of paper and pulp. Its segments are Packaging Paper, Pulp, and Tissue paper. The majority of the revenue is generated from the packaging paper segment that covers the production of kraft liner board, test liner board, coated duplex board, white top liner board, and strength corrugating medium. Its products include Wood pulp products, Boxboard paper products, Pink Gray Card Products, and Toilet Paper Products. The company generates maximum revenue from PRC, and also has its presence in Malaysia; Vietnam; and Hong Kong, Macau and others.
79GF Score
Get the complete analysis for FRA:LMP
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LMP has been successfully added to your 
