IPCEF (ispace) Net Cash per Share: $-0.12 (As of Mar. 2026)

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IPCEF ispace inc IPCEF
53 GF Score
Price $2.75
GF Value $5.43
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is ispace Net Cash per Share?

ispace IPCEF 53 Net Cash per Share is $-0.12 as of Mar. 2026. GuruFocus rates IPCEF with a GF Score™ of 53/100 and a GF Value™ of $5.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 626 Hardware companies, ispace ranks worse than 159744.25% 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). ispace's Net Cash per Share for the quarter that ended in Mar. 2026 was $-0.12.

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

IPCEF's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 8.645
* Ranked among companies with meaningful Price-to-Net-Cash only.

ispace  (OTCPK:IPCEF) 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.


ispace Net Cash per Share Related Terms


ispace Net Cash per Share Historical Data

* Premium members only.

The historical data trend for ispace'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.

ispace Net Cash per Share Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial 0.28 -0.57 -0.21 -0.45 -0.12

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.45 -0.57 -0.89 0.01 -0.12

IPCEF vs SNDK, DELL, STX: Net Cash per Share Comparison

For the Computer Hardware subindustry, ispace'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.


ispace Price-to-Net-Cash vs Hardware Industry

For the Hardware industry and Technology sector, ispace's Price-to-Net-Cash distribution charts can be found below:

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


IPCEF
53GF Score
ispace inc IPCEF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ispace 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.

ispace's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(187.107-205.01-0)/146.210
=-0.12

ispace's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(187.107-205.01-0)/146.210
=-0.12

* 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 $-0.12 mean?
ispace (IPCEF) has a Net Cash per Share of $-0.12 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 ispace and its competitors. According to the industry distribution chart, ispace ranks #999999 out of 626 companies in the Hardware industry.
Is ispace's Net Cash per Share too high?
ispace's current Net Cash per Share is $-0.12. Based on the distribution chart, ispace ranks #999999 out of 626 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ispace has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ispace's Net Cash per Share compare to SNDK and DELL?
According to the Hardware industry distribution chart, ispace ranks #999999 out of 626 companies for Net Cash per Share. This places ispace in the lower half of its industry. The industry median Net Cash per Share is 8.65. 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 8.65, based on 626 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 ispace and its competitors. For the Hardware industry, the median Net Cash per Share is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ispace's current Net Cash per Share is $-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ispace stock overvalued right now?
Based on GuruFocus' analysis, ispace (IPCEF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.43, compared to a current price of $2.75 — trading 49.4% below its estimated fair value. The current Net Cash per Share is $-0.12. ispace's overall GF Score™ is 53/100 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 ispace (IPCEF), the current Net Cash per Share is $-0.12 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 ispace (IPCEF) Overvalued in 2026?

Based on GuruFocus' analysis, ispace stock appears to be undervalued. The current stock price of $2.75 is trading 49.4% below its estimated GF Value™ of $5.43. GuruFocus considers ispace to be Possible Value Trap.

Key valuation signals for IPCEF:

  • Net Cash per Share: $-0.12
  • GF Value™: $5.43 vs. price of $2.75 (49.4% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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


ispace Business Description

Other Exchanges 9348:Japan7VO:Germany
Address 3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.
53GF Score

Get the complete analysis for IPCEF

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

$2.75
Price
$5.43
GF Value