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SEALSQLAES +0.83%41 Net Cash per Share is $1.99 as of Dec. 2025. GuruFocus rates LAES with a GF Score™ of 41/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 359 Semiconductors companies, SEALSQ ranks better than 97.21% on this metric.
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.
SEALSQ Net Cash per Share Related Terms
SEALSQ Net Cash per Share Historical Data
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The historical data trend for SEALSQ'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.
LAES vs NVEC, MRAM, AOSL: Net Cash per Share Comparison
For the Semiconductors subindustry, SEALSQ'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.
SEALSQ Price-to-Net-Cash vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SEALSQ's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where SEALSQ's Price-to-Net-Cash falls into.
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.
SEALSQ's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
SEALSQ (LAES) has a Net Cash per Share of $1.99 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on SEALSQ and its competitors. According to the industry distribution chart, SEALSQ ranks #10 out of 359 companies in the Semiconductors industry, placing it in the top 2.8%.
Is SEALSQ's Net Cash per Share too high?
SEALSQ's current Net Cash per Share is $1.99. The Semiconductors industry median Net Cash per Share is 13.92. SEALSQ's value of $1.99 is 85.7% below this industry median. Based on the distribution chart, SEALSQ ranks #10 out of 359 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SEALSQ has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEALSQ's Net Cash per Share compare to NVEC and MRAM?
According to the Semiconductors industry distribution chart, SEALSQ ranks #10 out of 359 companies for Net Cash per Share. This places SEALSQ in the top 3% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 13.92. SEALSQ's value of $1.99 is 85.7% below this benchmark. 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 Semiconductors company?
The median Net Cash per Share among Semiconductors companies is 13.92, based on 359 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. SEALSQ's current Net Cash per Share of $1.99 is 85.7% 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 SEALSQ and its competitors. For the Semiconductors industry, the median Net Cash per Share is 13.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEALSQ's current Net Cash per Share is $1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEALSQ stock overvalued right now?
Based on GuruFocus' analysis, SEALSQ (LAES) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.35, compared to a current price of $2.42 — trading 591.4% above its estimated fair value. The current Net Cash per Share is $1.99 and 85.7% below the Semiconductors industry median of 13.92. SEALSQ's overall GF Score™ is 41/100 with 6 warning signs to review. 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 SEALSQ (LAES), the current Net Cash per Share is $1.99 as of Dec. 2025. 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 SEALSQ (LAES) Overvalued in 2026?
Based on GuruFocus' analysis, SEALSQ stock appears to be overvalued.
The current stock price of $2.42 is trading 591.4% above its estimated GF Value™ of $0.35.
GuruFocus considers SEALSQ to be Significantly Overvalued.
Key valuation signals for LAES:
Net Cash per Share: $1.99
GF Value™: $0.35 vs. price of $2.42 (591.4% above fair value)
Industry Position: 85.7% below the Semiconductors median (#10 of 359)
No single metric tells the full story. See the LAES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SEALSQ Corp develops certified secure microcontrollers and implements post-quantum cryptography. The company develops solutions including post-quantum microchips and devices that can be used in a variety of applications, from multi-factor authentication, home automation, and IT network infrastructure to automotive, industrial automation, and control systems. The company's vaultIC range offers a set of ready-to-use secure elements designed to implement embedded security for any kind of device with fast time-to-market and high flexibility. The company's products include VaultIC155, VaultIV18x, VaultIC292, and VaultIC40x. The company generates a majority of its revenue from North America, while it also has its presence in Europe, Middle East & Africa, Asia Pacific, and Latin America.
41GF Score
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