LIND (Lindblad Expeditions Holdings) Net Cash per Share: $-13.90 (As of Jun. 2026)

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LIND Lindblad Expeditions Holdings Inc LIND
67 GF Score
Price $25.87
GF Value $12.95
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Lindblad Expeditions Holdings Net Cash per Share?

Lindblad Expeditions Holdings LIND -0.58% 67 Net Cash per Share is $-13.90 as of Jun. 2026. GuruFocus rates LIND with a GF Score™ of 67/100 and a GF Value™ of $12.95 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 148 Travel & Leisure companies, Lindblad Expeditions Holdings ranks worse than 675675% 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). Lindblad Expeditions Holdings's Net Cash per Share for the quarter that ended in Jun. 2026 was $-13.90.

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

LIND's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.105
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lindblad Expeditions Holdings  (NAS:LIND) 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.


Lindblad Expeditions Holdings Net Cash per Share Related Terms


Lindblad Expeditions Holdings Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Lindblad Expeditions 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.

Lindblad Expeditions Holdings Net Cash per Share Chart

Lindblad Expeditions Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.23 -15.08 -15.49 -15.96 -16.71

Lindblad Expeditions Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -18.30 -17.57 -16.71 -13.79 -13.90

LIND vs PRSU, TRIP, YTRA: Net Cash per Share Comparison

For the Travel Services subindustry, Lindblad Expeditions 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.


Lindblad Expeditions Holdings Price-to-Net-Cash vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lindblad Expeditions Holdings's Price-to-Net-Cash distribution charts can be found below:

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


LIND
67GF Score
Lindblad Expeditions Holdings Inc LIND
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Lindblad Expeditions 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.

Lindblad Expeditions Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(256.692-1133.457-47.948)/55.323
=-16.71

Lindblad Expeditions Holdings's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(318.886-1196.487-33.372)/65.515
=-13.90

* 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 $-13.90 mean?
Lindblad Expeditions Holdings (LIND) has a Net Cash per Share of $-13.90 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Lindblad Expeditions Holdings and its competitors. According to the industry distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 148 companies in the Travel & Leisure industry.
Is Lindblad Expeditions Holdings' Net Cash per Share too high?
Lindblad Expeditions Holdings' current Net Cash per Share is $-13.90. Based on the distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 148 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Lindblad Expeditions Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindblad Expeditions Holdings' Net Cash per Share compare to PRSU and TRIP?
According to the Travel & Leisure industry distribution chart, Lindblad Expeditions Holdings ranks #999999 out of 148 companies for Net Cash per Share. This places Lindblad Expeditions Holdings in the lower half of its industry. The industry median Net Cash per Share is 6.11. 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 Travel & Leisure company?
The median Net Cash per Share among Travel & Leisure companies is 6.11, based on 148 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 Lindblad Expeditions Holdings and its competitors. For the Travel & Leisure industry, the median Net Cash per Share is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindblad Expeditions Holdings's current Net Cash per Share is $-13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lindblad Expeditions Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lindblad Expeditions Holdings (LIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.95, compared to a current price of $25.87 — trading 99.8% above its estimated fair value. The current Net Cash per Share is $-13.90. Lindblad Expeditions Holdings' overall GF Score™ is 67/100 with 4 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 Lindblad Expeditions Holdings (LIND), the current Net Cash per Share is $-13.90 as of Jun. 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 Lindblad Expeditions Holdings (LIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lindblad Expeditions Holdings stock appears to be overvalued. The current stock price of $25.87 is trading 99.8% above its estimated GF Value™ of $12.95. GuruFocus considers Lindblad Expeditions Holdings to be Significantly Overvalued.

Key valuation signals for LIND:

  • Net Cash per Share: $-13.90
  • GF Value™: $12.95 vs. price of $25.87 (99.8% above fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Lindblad Expeditions Holdings Business Description

Other Exchanges LI4:Germany
Address 11 West 42nd Street, Suite 22 B3, New York, NY, USA, 10036
Lindblad Expeditions Holdings Inc provides expedition cruising and adventure travel services. The company operates in two segments: Lindblad and Land Experiences, of which Lindblad generates the vast majority of its revenue. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. It operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions. Lindblad operates a fleet of twelve owned expedition ships and five seasonal charter vessels under the Lindblad brand.
67GF Score

Get the complete analysis for LIND

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

$25.87
Price
$12.95
GF Value