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Open LendingLPRO 64 Net Cash per Share is $0.15 as of Mar. 2026, which is 99% below its 10-year median of 18.60. GuruFocus rates LPRO with a GF Score™ of 64/100 and a GF Value™ of $5.88 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 61 Credit Services companies, Open Lending ranks worse than 77.05% on this metric.
Open Lending (NAS:LPRO) 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.
Open Lending Net Cash per Share Related Terms
Open Lending Net Cash per Share Historical Data
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The historical data trend for Open Lending'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.
LPRO vs HTT, RM, OPRT: Net Cash per Share Comparison
For the Credit Services subindustry, Open Lending'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.
Open Lending Price-to-Net-Cash vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Open Lending'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.
Open Lending'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.
Open Lending (LPRO) has a Net Cash per Share of $0.15 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 Open Lending and its competitors. This is 99% below median its historical median of 18.60. Over the past decade, Open Lending's Net Cash per Share has ranged from 8.09 to 146.14. According to the industry distribution chart, Open Lending ranks #47 out of 61 companies in the Credit Services industry, placing it in the top 77%.
Is Open Lending's Net Cash per Share too high?
Open Lending's current Net Cash per Share of $0.15 is 99% below median its 10-year median of 18.60. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 146.14. The Credit Services industry median Net Cash per Share is 9.42. Open Lending's value of $0.15 is 98.4% below this industry median. Based on the distribution chart, Open Lending ranks #47 out of 61 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Open Lending has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's Net Cash per Share compare to HTT and RM?
According to the Credit Services industry distribution chart, Open Lending ranks #47 out of 61 companies for Net Cash per Share. This places Open Lending in the lower half of its industry. The industry median Net Cash per Share is 9.42. Open Lending's value of $0.15 is 98.4% below this benchmark. Historically, Open Lending's own Net Cash per Share has ranged from 8.09 to 146.14 over the past decade. While the company's 10-year median is 18.60 vs. the industry median of 9.42, Open Lending has consistently been below the industry average. 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 Credit Services company?
The median Net Cash per Share among Credit Services companies is 9.42, based on 61 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. Open Lending's current Net Cash per Share of $0.15 is 98.4% 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 Open Lending and its competitors. For the Credit Services industry, the median Net Cash per Share is 9.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current Net Cash per Share is $0.15, which is 99% below median its own 10-year median of 18.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.88, compared to a current price of $3.14 — trading 46.6% below its estimated fair value. The current Net Cash per Share is $0.15, which is 99% below median its 10-year median of 18.60 and 98.4% below the Credit Services industry median of 9.42. Open Lending's overall GF Score™ is 64/100 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 Open Lending (LPRO), the current Net Cash per Share is $0.15 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 Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.14 is trading 46.6% below its estimated GF Value™ of $5.88.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
Net Cash per Share: $0.15 (99% below median its 10-year median of 18.60)
GF Value™: $5.88 vs. price of $3.14 (46.6% below fair value)
Industry Position: 98.4% below the Credit Services median (#47 of 61)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
64GF Score
Get the complete analysis for LPRO
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