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Intrepid PotashIPI +1.78%69 Net Cash per Share is $3.81 as of Jun. 2026, which is 56% below its 10-year median of 8.60. GuruFocus rates IPI with a GF Score™ of 69/100 and a GF Value™ of $28.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 32 Agriculture companies, Intrepid Potash ranks better than 50% on this metric.
Intrepid Potash (NYSE:IPI) 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.
Intrepid Potash Net Cash per Share Related Terms
Intrepid Potash Net Cash per Share Historical Data
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The historical data trend for Intrepid Potash'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.
IPI vs VRDR, AVD, BIOX: Net Cash per Share Comparison
For the Agricultural Inputs subindustry, Intrepid Potash'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.
Intrepid Potash Price-to-Net-Cash vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Intrepid Potash's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Intrepid Potash'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.
Intrepid Potash's Net Cash per Share for the fiscal year that ended in Dec. 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.
Intrepid Potash (IPI) has a Net Cash per Share of $3.81 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 Intrepid Potash and its competitors. This is 56% below median its historical median of 8.60. Over the past decade, Intrepid Potash's Net Cash per Share has ranged from 8.60 to 9.61. According to the industry distribution chart, Intrepid Potash ranks #16 out of 32 companies in the Agriculture industry, placing it in the top 50%.
Is Intrepid Potash's Net Cash per Share too high?
Intrepid Potash's current Net Cash per Share of $3.81 is 56% below median its 10-year median of 8.60. Over the past 10 years, this metric has ranged from a low of 8.60 to a high of 9.61. The Agriculture industry median Net Cash per Share is 9.85. Intrepid Potash's value of $3.81 is 61.3% below this industry median. Based on the distribution chart, Intrepid Potash ranks #16 out of 32 companies in the Agriculture industry, which is above the industry midpoint. Overall, Intrepid Potash has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intrepid Potash's Net Cash per Share compare to VRDR and AVD?
According to the Agriculture industry distribution chart, Intrepid Potash ranks #16 out of 32 companies for Net Cash per Share. This puts Intrepid Potash in the upper half of its industry. The industry median Net Cash per Share is 9.85. Intrepid Potash's value of $3.81 is 61.3% below this benchmark. Historically, Intrepid Potash's own Net Cash per Share has ranged from 8.60 to 9.61 over the past decade. While the company's 10-year median is 8.60 vs. the industry median of 9.85, Intrepid Potash has consistently been below the industry average. 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 an Agriculture company?
The median Net Cash per Share among Agriculture companies is 9.85, 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. Intrepid Potash's current Net Cash per Share of $3.81 is 61.3% below the industry median. 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 Intrepid Potash and its competitors. For the Agriculture industry, the median Net Cash per Share is 9.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intrepid Potash's current Net Cash per Share is $3.81, which is 56% below median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intrepid Potash stock overvalued right now?
Based on GuruFocus' analysis, Intrepid Potash (IPI) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.19, compared to a current price of $36.62 — trading 29.9% above its estimated fair value. The current Net Cash per Share is $3.81, which is 56% below median its 10-year median of 8.60 and 61.3% below the Agriculture industry median of 9.85. Intrepid Potash's overall GF Score™ is 69/100 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 Intrepid Potash (IPI), the current Net Cash per Share is $3.81 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 Intrepid Potash (IPI) Overvalued in 2026?
Based on GuruFocus' analysis, Intrepid Potash stock appears to be overvalued.
The current stock price of $36.62 is trading 29.9% above its estimated GF Value™ of $28.19.
GuruFocus considers Intrepid Potash to be Modestly Overvalued.
Key valuation signals for IPI:
Net Cash per Share: $3.81 (56% below median its 10-year median of 8.60)
GF Value™: $28.19 vs. price of $36.62 (29.9% above fair value)
Industry Position: 61.3% below the Agriculture median (#16 of 32)
No single metric tells the full story. See the IPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, where the firm's production facilities are located.
69GF Score
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