PPC (JSE:PPC) Net Cash per Share: R-1.95 (As of Mar. 2026)

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JSE:PPC PPC Ltd JSE:PPC
69 GF Score
Price R6.75
GF Value R4.62
Valuation Significantly Overvalued
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What is PPC Net Cash per Share?

PPC JSE:PPC -2.88% 69 Net Cash per Share is R-1.95 as of Mar. 2026. GuruFocus rates JSE:PPC with a GF Score™ of 69/100 and a GF Value™ of R4.62 (Significantly Overvalued). Among 42 Building Materials companies, PPC ranks worse than 2380950% 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). PPC's Net Cash per Share for the quarter that ended in Mar. 2026 was R-1.95.

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

JSE:PPC's Price-to-Net-Cash is not ranked *
in the Building Materials industry.
Industry Median: 8.555
* Ranked among companies with meaningful Price-to-Net-Cash only.

PPC  (JSE:PPC) 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.


PPC Net Cash per Share Related Terms


PPC Net Cash per Share Historical Data

* Premium members only.

The historical data trend for PPC'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.

PPC Net Cash per Share Chart

PPC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.81 -2.85 -1.79 -1.62 -1.95

PPC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -1.79 -2.01 -1.62 -1.74 -1.95

JSE:PPC vs CRH, VMC, MLM: Net Cash per Share Comparison

For the Building Materials subindustry, PPC'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.


PPC Price-to-Net-Cash vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PPC's Price-to-Net-Cash distribution charts can be found below:

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


JSE:PPC
69GF Score
PPC Ltd JSE:PPC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPC 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.

PPC's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1089-4028--77)/1466.991
=-1.95

PPC'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)
=(1089-4028--77)/1466.991
=-1.95

* 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 R-1.95 mean?
PPC (JSE:PPC) has a Net Cash per Share of R-1.95 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 PPC and its competitors. According to the industry distribution chart, PPC ranks #999999 out of 42 companies in the Building Materials industry.
Is PPC's Net Cash per Share too high?
PPC's current Net Cash per Share is R-1.95. Based on the distribution chart, PPC ranks #999999 out of 42 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, PPC has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Net Cash per Share compare to CRH and VMC?
According to the Building Materials industry distribution chart, PPC ranks #999999 out of 42 companies for Net Cash per Share. This places PPC in the lower half of its industry. The industry median Net Cash per Share is 8.56. 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 Building Materials company?
The median Net Cash per Share among Building Materials companies is 8.56, based on 42 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 PPC and its competitors. For the Building Materials industry, the median Net Cash per Share is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPC's current Net Cash per Share is R-1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (JSE:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.62, compared to a current price of R6.75 — trading 46.1% above its estimated fair value. The current Net Cash per Share is R-1.95. PPC's overall GF Score™ is 69/100. 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 PPC (JSE:PPC), the current Net Cash per Share is R-1.95 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.

Is PPC (JSE:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, PPC stock appears to be overvalued. The current stock price of R6.75 is trading 46.1% above its estimated GF Value™ of R4.62. GuruFocus considers PPC to be Significantly Overvalued.

Key valuation signals for JSE:PPC:

  • Net Cash per Share: R-1.95
  • GF Value™: R4.62 vs. price of R6.75 (46.1% above fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the JSE:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PPC Business Description

Other Exchanges PPCLY:USAOZV2:Germany
Address 5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
69GF Score

Get the complete analysis for JSE:PPC

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R6.75
Price
R4.62
GF Value