JOEY (Joey New York) Net Cash per Share: $-0.21 (As of May. 2017)

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What is Joey New York Net Cash per Share?

Joey New York JOEY Net Cash per Share is $-0.21 as of May. 2017.

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). Joey New York's Net Cash per Share for the quarter that ended in May. 2017 was $-0.21.

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

JOEY's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

Joey New York  (OTCPK:JOEY) 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.


Joey New York Net Cash per Share Related Terms


Joey New York Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Joey New York'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.

Joey New York Net Cash per Share Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Net Cash per Share
Get a 7-Day Free Trial 0.02 -0.05 -11.35 -11.89 -0.17

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 -12.41 -0.16 -0.17 -0.17 -0.21

JOEY vs DEVV, SKVI, TISUQ: Net Cash per Share Comparison

For the Household & Personal Products subindustry, Joey New York'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.


Joey New York Price-to-Net-Cash vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's Price-to-Net-Cash distribution charts can be found below:

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



Joey New York 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.

Joey New York's Net Cash per Share for the fiscal year that ended in Feb. 2017 is calculated as

Net Cash per Share (A: Feb. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-4.974--0.108)/28.007
=-0.17

Joey New York's Net Cash per Share for the quarter that ended in May. 2017 is calculated as

Net Cash per Share (Q: May. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.126-6.215-0)/28.370
=-0.21

* 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 $-0.21 mean?
Joey New York (JOEY) has a Net Cash per Share of $-0.21 as of May. 2017. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Joey New York and its competitors.
Is Joey New York's Net Cash per Share too high?
Joey New York's current Net Cash per Share is $-0.21.
How does Joey New York's Net Cash per Share compare to DEVV and SKVI?
Joey New York's Net Cash per Share of $-0.21 can be compared against companies in the Consumer Packaged Goods industry. The industry median Net Cash per Share is 8.35. 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 Consumer Packaged Goods company?
The median Net Cash per Share among Consumer Packaged Goods companies is 8.35, based on 325 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 Joey New York and its competitors. For the Consumer Packaged Goods industry, the median Net Cash per Share is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joey New York's current Net Cash per Share is $-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Net Cash per Share of $-0.21. The current Net Cash per Share is $-0.21. 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 Joey New York (JOEY), the current Net Cash per Share is $-0.21 as of May. 2017. 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.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.