DiageoHAM:GUI +1.33%64 Net Cash per Share is €-13.82 as of Dec. 2025. GuruFocus rates HAM:GUI with a GF Score™ of 64/100 and a GF Value™ of €28.21 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 34 Beverages - Alcoholic companies, Diageo ranks worse than 2941173.53% on this metric.
The historical rank and industry rank for Diageo's Net Cash per Share or its related term are showing as below:
HAM:GUI's Price-to-Net-Cash is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 7.325 * Ranked among companies with meaningful Price-to-Net-Cash only.
Diageo (HAM:GUI) 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.
Diageo Net Cash per Share Related Terms
Diageo Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Diageo'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 Beverages - Wineries & Distilleries subindustry, Diageo'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.
Diageo Price-to-Net-Cash vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Diageo's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Diageo'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.
Diageo'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.
Diageo (HAM:GUI) has a Net Cash per Share of €-13.82 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 Diageo and its competitors. According to the industry distribution chart, Diageo ranks #999999 out of 34 companies in the Beverages - Alcoholic industry.
Is Diageo's Net Cash per Share too high?
Diageo's current Net Cash per Share is €-13.82. Based on the distribution chart, Diageo ranks #999999 out of 34 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Diageo has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diageo's Net Cash per Share compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Diageo ranks #999999 out of 34 companies for Net Cash per Share. This places Diageo in the lower half of its industry. The industry median Net Cash per Share is 7.33. 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 Beverages - Alcoholic company?
The median Net Cash per Share among Beverages - Alcoholic companies is 7.33, based on 34 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 Diageo and its competitors. For the Beverages - Alcoholic industry, the median Net Cash per Share is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diageo's current Net Cash per Share is €-13.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diageo stock overvalued right now?
Based on GuruFocus' analysis, Diageo (HAM:GUI) is currently considered Significantly Undervalued. The stock's GF Value™ is €28.21, compared to a current price of €17.86 — trading 36.7% below its estimated fair value. The current Net Cash per Share is €-13.82. Diageo's overall GF Score™ is 64/100 with 5 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 Diageo (HAM:GUI), the current Net Cash per Share is €-13.82 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 Diageo (HAM:GUI) Overvalued in 2026?
Based on GuruFocus' analysis, Diageo stock appears to be undervalued.
The current stock price of €17.86 is trading 36.7% below its estimated GF Value™ of €28.21.
GuruFocus considers Diageo to be Significantly Undervalued.
Key valuation signals for HAM:GUI:
Net Cash per Share: €-13.82
GF Value™: €28.21 vs. price of €17.86 (36.7% below fair value)
No single metric tells the full story. See the HAM:GUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formed in 1997 through the merger of Grand Metropolitan and Guinness, Diageo is the largest distiller globally by sales. Diageo acquired some of the Seagram assets in 2001, which gave it brands such as Captain Morgan rum and Crown Royal Canadian whisky. Since then, mergers and acquisitions have mostly been bolt-on in nature, plugging gaps in the company's product and geographic portfolio.
64GF Score
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