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Eastern Platinum (JSE:EPS) Net Cash per Share : R-6.11 (As of Sep. 2024)


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What is Eastern Platinum 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). Eastern Platinum's Net Cash per Share for the quarter that ended in Sep. 2024 was R-6.11.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Eastern Platinum was 1.73. The lowest was 0.35. And the median was 0.94.

JSE:EPS's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.37
* Ranked among companies with meaningful Price-to-Net-Cash only.

Eastern Platinum Net Cash per Share Historical Data

The historical data trend for Eastern Platinum'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.

Eastern Platinum Net Cash per Share Chart

Eastern Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.14 -5.27 -3.94 -9.67 -4.74

Eastern Platinum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -5.64 -4.74 -4.83 -5.08 -6.11

Competitive Comparison of Eastern Platinum's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Eastern Platinum'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.


Eastern Platinum's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eastern Platinum's Price-to-Net-Cash distribution charts can be found below:

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



Eastern Platinum 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.

Eastern Platinum's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(397.792-1362.151--7.789)/201.901
=-4.74

Eastern Platinum's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(149.714-1394.265--7.935)/202.341
=-6.11

* 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.


Eastern Platinum  (JSE:EPS) 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.


Eastern Platinum Net Cash per Share Related Terms

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Eastern Platinum Business Description

Traded in Other Exchanges
Address
1188 West Georgia Street, Suite 1080, Vancouver, BC, CAN, V6E 4A2
Eastern Platinum Ltd owns, directly and indirectly, a number of PGM and chrome assets in the Republic of South Africa. All of the company's properties are situated on the western and eastern limbs of the Bushveld Complex, the geological environment that hosts approximately 80% of the world's PGM-bearing ore. It has three segments CRM, Eastern Limb and Corporate. Operations at the Crocodile River Mine include re-mining and processing its tailings resource, with an offtake of the chrome concentrate to Union Goal from the Zandfontein UG2 tailings facility and the processing and extraction of platinum group metals.

Eastern Platinum Headlines

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