SHW AG (HAM:SW10) Net Cash per Share: €-37.42 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HAM:SW10 SHW AG HAM:SW10
57 GF Score
Price €6.75
GF Value €12.03
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is SHW AG Net Cash per Share?

SHW AG HAM:SW10 +0.75% 57 Net Cash per Share is €-37.42 as of Dec. 2025. GuruFocus rates HAM:SW10 with a GF Score™ of 57/100 and a GF Value™ of €12.03 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 162 Vehicles & Parts companies, SHW AG ranks worse than 617283.33% 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). SHW AG's Net Cash per Share for the quarter that ended in Dec. 2025 was €-37.42.

The historical rank and industry rank for SHW AG's Net Cash per Share or its related term are showing as below:

HAM:SW10's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.78
* Ranked among companies with meaningful Price-to-Net-Cash only.

SHW AG  (HAM:SW10) 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.


SHW AG Net Cash per Share Related Terms


SHW AG Net Cash per Share Historical Data

* Premium members only.

The historical data trend for SHW AG'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.

SHW AG Net Cash per Share Chart

SHW AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.66 -34.16 -36.52 -37.65 -37.42

SHW AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 -30.66 -34.16 -36.52 -37.65 -37.42

HAM:SW10 vs ORLY, AZO, GPC: Net Cash per Share Comparison

For the Auto Parts subindustry, SHW AG'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.


SHW AG Price-to-Net-Cash vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SHW AG's Price-to-Net-Cash distribution charts can be found below:

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


HAM:SW10
57GF Score
SHW AG HAM:SW10
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SHW AG 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.

SHW AG's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.243-254.071-0)/6.436
=-37.42

SHW AG'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)
=(13.243-254.071-0)/6.436
=-37.42

* 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 €-37.42 mean?
SHW AG (HAM:SW10) has a Net Cash per Share of €-37.42 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 SHW AG and its competitors. According to the industry distribution chart, SHW AG ranks #999999 out of 162 companies in the Vehicles & Parts industry.
Is SHW AG's Net Cash per Share too high?
SHW AG's current Net Cash per Share is €-37.42. Based on the distribution chart, SHW AG ranks #999999 out of 162 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SHW AG has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SHW AG's Net Cash per Share compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SHW AG ranks #999999 out of 162 companies for Net Cash per Share. This places SHW AG in the lower half of its industry. The industry median Net Cash per Share is 8.78. 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 Vehicles & Parts company?
The median Net Cash per Share among Vehicles & Parts companies is 8.78, based on 162 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 SHW AG and its competitors. For the Vehicles & Parts industry, the median Net Cash per Share is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SHW AG's current Net Cash per Share is €-37.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHW AG stock overvalued right now?
Based on GuruFocus' analysis, SHW AG (HAM:SW10) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.03, compared to a current price of €6.75 — trading 43.9% below its estimated fair value. The current Net Cash per Share is €-37.42. SHW AG's overall GF Score™ is 57/100 with 4 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 SHW AG (HAM:SW10), the current Net Cash per Share is €-37.42 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 SHW AG (HAM:SW10) Overvalued in 2026?

Based on GuruFocus' analysis, SHW AG stock appears to be undervalued. The current stock price of €6.75 is trading 43.9% below its estimated GF Value™ of €12.03. GuruFocus considers SHW AG to be Significantly Undervalued.

Key valuation signals for HAM:SW10:

  • Net Cash per Share: €-37.42
  • GF Value™: €12.03 vs. price of €6.75 (43.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the HAM:SW10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SHW AG Business Description

Address Wilhelmstrasse 111, Aalen, BW, DEU, 73433
SHW AG is a Germany-based developer and manufacturer of a product that contributes to a reduction of fuel consumption and consequently CO2 emissions in the vehicle industry. The company has two operating segments, Pumps, and Engine Components and Brake Disc segment. In its Pumps and engine components business segment SHW develops and produces engine and transmission components for the various area of application. In the Brake Discs business segment, it develops and produces Monobloc, ventilated, cast iron brake discs as well as lightweight brake discs. The company generates the majority of its revenue from the Pumps and engine components business segment.
57GF Score

Get the complete analysis for HAM:SW10

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

€6.75
Price
€12.03
GF Value