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Impax Asset Management GroupIPXAF 66 Net Cash per Share is $0.38 as of Mar. 2026, which is 97% below its 10-year median of 12.45. GuruFocus rates IPXAF with a GF Score™ of 66/100 and a GF Value™ of $3.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 464 Asset Management companies, Impax Asset Management Group ranks better than 57.76% on this metric.
The historical rank and industry rank for Impax Asset Management Group's Net Cash per Share or its related term are showing as below:
IPXAF'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.48 Med: 12.45 Max: 510
Current: 3.5
During the past 13 years, the highest Price-to-Net-Cash Ratio of Impax Asset Management Group was 510.00. The lowest was 3.48. And the median was 12.45.
IPXAF's Price-to-Net-Cash is ranked better than 57.76% of 464
companies
in the Asset Management industry
Industry Median: 5.76
vs IPXAF: 3.50
Impax Asset Management Group (OTCPK:IPXAF) 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.
Impax Asset Management Group Net Cash per Share Related Terms
Impax Asset Management Group Net Cash per Share Historical Data
* 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.
Impax Asset Management Group Net Cash per Share Chart
IPXAF vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, Impax Asset Management Group'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.
Impax Asset Management Group Price-to-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group's Price-to-Net-Cash falls into.
Impax Asset Management Group 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.
* 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.
Impax Asset Management Group (IPXAF) has a Net Cash per Share of $0.38 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 Impax Asset Management Group and its competitors. This is 97% below median its historical median of 12.45. Over the past decade, Impax Asset Management Group's Net Cash per Share has ranged from 3.48 to 510.00. According to the industry distribution chart, Impax Asset Management Group ranks #196 out of 464 companies in the Asset Management industry, placing it in the top 42.2%.
Is Impax Asset Management Group's Net Cash per Share too high?
Impax Asset Management Group's current Net Cash per Share of $0.38 is 97% below median its 10-year median of 12.45. Over the past 10 years, this metric has ranged from a low of 3.48 to a high of 510.00. The Asset Management industry median Net Cash per Share is 5.76. Impax Asset Management Group's value of $0.38 is 93.4% below this industry median. Based on the distribution chart, Impax Asset Management Group ranks #196 out of 464 companies in the Asset Management industry, which is above the industry midpoint. Overall, Impax Asset Management Group has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #196 out of 464 companies for Net Cash per Share. This puts Impax Asset Management Group in the upper half of its industry. The industry median Net Cash per Share is 5.76. Impax Asset Management Group's value of $0.38 is 93.4% below this benchmark. Historically, Impax Asset Management Group's own Net Cash per Share has ranged from 3.48 to 510.00 over the past decade. While the company's 10-year median is 12.45 vs. the industry median of 5.76, Impax Asset Management Group 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 Asset Management company?
The median Net Cash per Share among Asset Management companies is 5.76, based on 464 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. Impax Asset Management Group's current Net Cash per Share of $0.38 is 93.4% 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 Impax Asset Management Group and its competitors. For the Asset Management industry, the median Net Cash per Share is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current Net Cash per Share is $0.38, which is 97% below median its own 10-year median of 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (IPXAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.23, compared to a current price of $1.40 — trading 56.7% below its estimated fair value. The current Net Cash per Share is $0.38, which is 97% below median its 10-year median of 12.45 and 93.4% below the Asset Management industry median of 5.76. Impax Asset Management Group's overall GF Score™ is 66/100 with 3 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 Impax Asset Management Group (IPXAF), the current Net Cash per Share is $0.38 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 Impax Asset Management Group (IPXAF) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of $1.40 is trading 56.7% below its estimated GF Value™ of $3.23.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for IPXAF:
Net Cash per Share: $0.38 (97% below median its 10-year median of 12.45)
GF Value™: $3.23 vs. price of $1.40 (56.7% below fair value)
Industry Position: 93.4% below the Asset Management median (#196 of 464)
No single metric tells the full story. See the IPXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
66GF Score
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