LGACW (Lazard Growth Acquisition I) Net Cash per Share: $0.00 (As of Sep. 2022)

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LGACW Lazard Growth Acquisition Corp I LGACW
22 GF Score
Price $0.00
! 2 Warning Signs
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What is Lazard Growth Acquisition I Net Cash per Share?

Lazard Growth Acquisition I LGACW 22 Net Cash per Share is $0.00 as of Sep. 2022. GuruFocus rates LGACW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

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). Lazard Growth Acquisition I's Net Cash per Share for the quarter that ended in Sep. 2022 was $0.00.

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

LGACW's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.685
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lazard Growth Acquisition I  (NAS:LGACW) 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.


Lazard Growth Acquisition I Net Cash per Share Related Terms


Lazard Growth Acquisition I Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Lazard Growth Acquisition I'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.

Lazard Growth Acquisition I Net Cash per Share Chart

Lazard Growth Acquisition I Annual Data
Trend Dec20 Dec21
Net Cash per Share
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Lazard Growth Acquisition I Semi-Annual Data
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LGACW vs SLAM, MSDA, SCOA: Net Cash per Share Comparison

For the Shell Companies subindustry, Lazard Growth Acquisition I'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.


Lazard Growth Acquisition I Price-to-Net-Cash vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lazard Growth Acquisition I's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lazard Growth Acquisition I's Price-to-Net-Cash falls into.


LGACW
22GF Score
Lazard Growth Acquisition Corp I LGACW
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Lazard Growth Acquisition I 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.

Lazard Growth Acquisition I's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Lazard Growth Acquisition I's Net Cash per Share for the quarter that ended in Sep. 2022 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $0.00 mean?
Lazard Growth Acquisition I (LGACW) has a Net Cash per Share of $0.00 as of Sep. 2022. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Lazard Growth Acquisition I and its competitors.
Is Lazard Growth Acquisition I's Net Cash per Share too high?
Lazard Growth Acquisition I's current Net Cash per Share is $0.00. Overall, Lazard Growth Acquisition I has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lazard Growth Acquisition I's Net Cash per Share compare to SLAM and MSDA?
Lazard Growth Acquisition I's Net Cash per Share of $0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Net Cash per Share is 2.69. 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 Diversified Financial Services company?
The median Net Cash per Share among Diversified Financial Services companies is 2.69, based on 166 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 Lazard Growth Acquisition I and its competitors. For the Diversified Financial Services industry, the median Net Cash per Share is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lazard Growth Acquisition I's current Net Cash per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Growth Acquisition I stock overvalued right now?
Lazard Growth Acquisition I (LGACW) has a current Net Cash per Share of $0.00. The current Net Cash per Share is $0.00. Lazard Growth Acquisition I's overall GF Score™ is 22/100 with 2 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 Lazard Growth Acquisition I (LGACW), the current Net Cash per Share is $0.00 as of Sep. 2022. 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.

Lazard Growth Acquisition I Business Description

Address 30 Rockefeller Plaza, New York, NY, USA, 10112
Lazard Growth Acquisition Corp I is a blank check special purpose acquisition company (SPAC) incorporated in the United States and sponsored by an affiliate of Lazard Ltd, the global financial advisory and asset management firm. It was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company raised capital through an initial public offering of units, with proceeds placed in trust, and its securities traded on the Nasdaq under the ticker LGAC. It generated no operating revenue, relying on trust interest income, and its purpose was to identify and combine with a target business, typically in sectors such as healthcare, technology, or financial services. Like other SPACs, it faced a deadline to complete a business combination or liquidate and return capital to shareholders.
22GF Score

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