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Afristrat Investment Holdings (JSE:ATI) Net Cash per Share : R-1.64 (As of Sep. 2021)


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What is Afristrat Investment Holdings Net Cash per Share?

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). Afristrat Investment Holdings's Net Cash per Share for the quarter that ended in Sep. 2021 was R-1.64.

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

JSE:ATI's Price-to-Net-Cash is not ranked *
in the Business Services industry.
Industry Median: 7.975
* Ranked among companies with meaningful Price-to-Net-Cash only.

Afristrat Investment Holdings Net Cash per Share Historical Data

The historical data trend for Afristrat Investment Holdings'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.

* Premium members only.

Afristrat Investment Holdings Net Cash per Share Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.61 -12.57 -152.39 -355.50 -1.57

Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
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 -355.50 -402.38 -1.74 -1.57 -1.64

Competitive Comparison of Afristrat Investment Holdings's Net Cash per Share

For the Specialty Business Services subindustry, Afristrat Investment Holdings'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.


Afristrat Investment Holdings's Price-to-Net-Cash Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Afristrat Investment Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Afristrat Investment Holdings's Price-to-Net-Cash falls into.



Afristrat Investment Holdings 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.

Afristrat Investment Holdings's Net Cash per Share for the fiscal year that ended in Mar. 2021 is calculated as

Net Cash per Share (A: Mar. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(94.755-877.23--5.684)/495.362
=-1.57

Afristrat Investment Holdings's Net Cash per Share for the quarter that ended in Sep. 2021 is calculated as

Net Cash per Share (Q: Sep. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(67.218-886.481--5.182)/495.363
=-1.64

* 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.


Afristrat Investment Holdings  (JSE:ATI) 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.


Afristrat Investment Holdings Net Cash per Share Related Terms

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Afristrat Investment Holdings (JSE:ATI) Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

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