IVRO (Invitro International) Net Cash per Share: $0.04 (As of Mar. 2026) — 98% Below Median

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What is Invitro International Net Cash per Share?

Invitro International IVRO +12.60% Net Cash per Share is $0.04 as of Mar. 2026, which is 98% below its 10-year median of 2.23. The stock has 1 warning sign investors should review. Among 59 Medical Diagnostics & Research companies, Invitro International ranks better than 94.92% 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). Invitro International's Net Cash per Share for the quarter that ended in Mar. 2026 was $0.04.

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

IVRO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.13   Med: 2.23   Max: 2.5
Current: 1.45

During the past 9 years, the highest Price-to-Net-Cash Ratio of Invitro International was 2.50. The lowest was 1.13. And the median was 2.23.

IVRO's Price-to-Net-Cash is ranked better than
94.92% of 59 companies
in the Medical Diagnostics & Research industry
Industry Median: 8.47 vs IVRO: 1.45

Invitro International  (OTCPK:IVRO) 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.


Invitro International Net Cash per Share Related Terms


Invitro International Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Invitro International'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.

Invitro International Net Cash per Share Chart

Invitro International Annual Data
Trend Feb90 Feb91 Sep92 Sep93 Sep94 Sep95 Sep96 Sep24 Sep25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only 0.17 0.07 0.07 0.04 0.04

Invitro International Quarterly Data
Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.04 0.04 0.04 0.04

IVRO vs IDTA, PRPH, NSTM: Net Cash per Share Comparison

For the Diagnostics & Research subindustry, Invitro International'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.


Invitro International Price-to-Net-Cash vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Invitro International's Price-to-Net-Cash distribution charts can be found below:

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



Invitro International 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.

Invitro International's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as

Net Cash per Share (A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.223-0.348-0)/22.260
=0.04

Invitro International'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)
=(1.219-0.311-0)/22.260
=0.04

* 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 $0.04 mean?
Invitro International (IVRO) has a Net Cash per Share of $0.04 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 Invitro International and its competitors. This is 98% below median its historical median of 2.23. Over the past decade, Invitro International's Net Cash per Share has ranged from 1.13 to 2.50. According to the industry distribution chart, Invitro International ranks #3 out of 59 companies in the Medical Diagnostics & Research industry, placing it in the top 5.1%.
Is Invitro International's Net Cash per Share too high?
Invitro International's current Net Cash per Share of $0.04 is 98% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 2.50. The Medical Diagnostics & Research industry median Net Cash per Share is 8.47. Invitro International's value of $0.04 is 99.5% below this industry median. Based on the distribution chart, Invitro International ranks #3 out of 59 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers.
How does Invitro International's Net Cash per Share compare to IDTA and PRPH?
According to the Medical Diagnostics & Research industry distribution chart, Invitro International ranks #3 out of 59 companies for Net Cash per Share. This places Invitro International in the top 5% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 8.47. Invitro International's value of $0.04 is 99.5% below this benchmark. Historically, Invitro International's own Net Cash per Share has ranged from 1.13 to 2.50 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 8.47, Invitro International 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 a Medical Diagnostics & Research company?
The median Net Cash per Share among Medical Diagnostics & Research companies is 8.47, based on 59 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. Invitro International's current Net Cash per Share of $0.04 is 99.5% 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 Invitro International and its competitors. For the Medical Diagnostics & Research industry, the median Net Cash per Share is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invitro International's current Net Cash per Share is $0.04, which is 98% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invitro International stock overvalued right now?
Based on GuruFocus' analysis, Invitro International (IVRO) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.06 — trading 16% above its estimated fair value. The current Net Cash per Share is $0.04, which is 98% below median its 10-year median of 2.23 and 99.5% below the Medical Diagnostics & Research industry median of 8.47. 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 Invitro International (IVRO), the current Net Cash per Share is $0.04 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.

Invitro International Business Description

Address 330 East Orangethorpe Avenue, Suite D, Placentia, CA, USA, 92870
Invitro International is a provider of non-animal testing methods. The company develops and commercializes test kits and laboratory services. Its testing technologies are designed to produce data regarding corrosivity, or ocular/dermal irritation, which correlate with animal and human test results. Its products and services include Irritection, Corrositex, and Lab Services. The company provides its products to various industries such as cosmetics, personal care, household products, textiles, pharmaceuticals, chemicals, and hazardous waste transportation. The majority of its revenue is generated from the United States and it also exports to other countries.