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PT Jasa Armada Indonesia Tbk (ISX:IPCM) 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.
PT Jasa Armada Indonesia Tbk Net Cash per Share Related Terms
PT Jasa Armada Indonesia Tbk 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.
PT Jasa Armada Indonesia Tbk Net Cash per Share Chart
PT Jasa Armada Indonesia Tbk Net Cash per Share Competitor Comparison
For the Marine Shipping subindustry, PT Jasa Armada Indonesia Tbk'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.
PT Jasa Armada Indonesia Tbk Price-to-Net-Cash vs Transportation Industry
For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Price-to-Net-Cash falls into.
PT Jasa Armada Indonesia Tbk 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.
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Net Cash per Share of Rp22.34 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 PT Jasa Armada Indonesia Tbk and its competitors. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #82 out of 121 companies in the Transportation industry, placing it in the top 67.8%.
Is PT Jasa Armada Indonesia Tbk's Net Cash per Share too high?
PT Jasa Armada Indonesia Tbk's current Net Cash per Share is Rp22.34. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #82 out of 121 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Net Cash per Share compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #82 out of 121 companies for Net Cash per Share. This places PT Jasa Armada Indonesia Tbk in the lower half of its industry. The industry median Net Cash per Share is 7.13. 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 Transportation company?
The median Net Cash per Share among Transportation companies is 7.13, based on 121 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 PT Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Net Cash per Share is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Net Cash per Share is Rp22.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp343.63, compared to a current price of Rp298.00 — trading 13.3% below its estimated fair value. The current Net Cash per Share is Rp22.34. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 92/100 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 PT Jasa Armada Indonesia Tbk (ISX:IPCM), the current Net Cash per Share is Rp22.34 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 PT Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued.
The current stock price of Rp298.00 is trading 13.3% below its estimated GF Value™ of Rp343.63.
GuruFocus considers PT Jasa Armada Indonesia Tbk to be Modestly Undervalued.
Key valuation signals for ISX:IPCM:
Net Cash per Share: Rp22.34
GF Value™: Rp343.63 vs. price of Rp298.00 (13.3% below fair value)
No single metric tells the full story. See the ISX:IPCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
92GF Score
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