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The historical rank and industry rank for LSI Industries's Net Cash per Share or its related term are showing as below:
FRA:LS2's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.46 * Ranked among companies with meaningful Price-to-Net-Cash only.
LSI Industries (FRA:LS2) 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.
LSI Industries Net Cash per Share Related Terms
LSI Industries Net Cash per Share Historical Data
* Premium members only.
The historical data trend for LSI Industries'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:LS2 vs DAKT, LPTH, KOPN: Net Cash per Share Comparison
For the Electronic Components subindustry, LSI Industries'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.
LSI Industries Price-to-Net-Cash vs Hardware Industry
For the Hardware industry and Technology sector, LSI Industries's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where LSI Industries'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.
LSI Industries'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.
LSI Industries (FRA:LS2) has a Net Cash per Share of €-10.31 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on LSI Industries and its competitors. According to the industry distribution chart, LSI Industries ranks #999999 out of 611 companies in the Hardware industry.
Is LSI Industries' Net Cash per Share too high?
LSI Industries' current Net Cash per Share is €-10.31. Based on the distribution chart, LSI Industries ranks #999999 out of 611 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LSI Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Net Cash per Share compare to DAKT and LPTH?
According to the Hardware industry distribution chart, LSI Industries ranks #999999 out of 611 companies for Net Cash per Share. This places LSI Industries in the lower half of its industry. The industry median Net Cash per Share is 9.46. 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 Hardware company?
The median Net Cash per Share among Hardware companies is 9.46, based on 611 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 LSI Industries and its competitors. For the Hardware industry, the median Net Cash per Share is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Industries's current Net Cash per Share is €-10.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
Based on GuruFocus' analysis, LSI Industries (FRA:LS2) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.14, compared to a current price of €19.90 — trading 16.1% above its estimated fair value. The current Net Cash per Share is €-10.31. LSI Industries' overall GF Score™ is 86/100 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 LSI Industries (FRA:LS2), the current Net Cash per Share is €-10.31 as of Mar. 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 LSI Industries (FRA:LS2) Overvalued in 2026?
Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued.
The current stock price of €19.90 is trading 16.1% above its estimated GF Value™ of €17.14.
GuruFocus considers LSI Industries to be Modestly Overvalued.
Key valuation signals for FRA:LS2:
Net Cash per Share: €-10.31
GF Value™: €17.14 vs. price of €19.90 (16.1% above fair value)
No single metric tells the full story. See the FRA:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
86GF 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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