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Albemarle & Bond Holdings (LSE:ABM) Net Cash per Share : £-0.96 (As of Jun. 2013)


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What is Albemarle & Bond Holdings Net Cash per Share?

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). Albemarle & Bond Holdings's Net Cash per Share for the quarter that ended in Jun. 2013 was £-0.96.

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

LSE:ABM's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 9.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

Albemarle & Bond Holdings Net Cash per Share Historical Data

The historical data trend for Albemarle & Bond 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.

* Premium members only.

Albemarle & Bond Holdings Net Cash per Share Chart

Albemarle & Bond Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -0.67 -0.79 -0.90 -0.96

Albemarle & Bond Holdings Semi-Annual Data
Jun92 Jun93 Jun94 Jun95 Jun96 Jun97 Jun98 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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 -0.72 -0.68 -0.79 -0.90 -0.96

Competitive Comparison of Albemarle & Bond Holdings's Net Cash per Share

For the Credit Services subindustry, Albemarle & Bond 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.


Albemarle & Bond Holdings's Price-to-Net-Cash Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Albemarle & Bond Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Albemarle & Bond Holdings's Price-to-Net-Cash falls into.



Albemarle & Bond 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.

Albemarle & Bond Holdings's Net Cash per Share for the fiscal year that ended in Jun. 2013 is calculated as

Net Cash per Share (A: Jun. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.115-63.671-0)/55.663
=-0.96

Albemarle & Bond Holdings's Net Cash per Share for the quarter that ended in Jun. 2013 is calculated as

Net Cash per Share (Q: Jun. 2013 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.115-63.671-0)/55.663
=-0.96

* 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.


Albemarle & Bond Holdings  (LSE:ABM) 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.


Albemarle & Bond Holdings Net Cash per Share Related Terms

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Albemarle & Bond Holdings (LSE:ABM) Business Description

Traded in Other Exchanges
N/A
Address
Albemarle & Bond Holdings PLC was incorporated on January 17, 1986. The Company is a holding company engaged in pawnbroking, retail jewellery sales, gold purchasing, unsecured lending, including cheque cashing and other financial services. It has approximately 230 stores and 1,000 employees. Operating under the two brands, Albemarle Bond and Herbert Brown, it provides its customers with a range of services including jewellery retailing, pawnbroking loans, gold purchasing and a range of unsecured loan products. The pawn loan is secured against jewellery for a maximum of six months. The customer can redeem their jewellery by repaying the loan and interest owing at any time without incurring penalties for early redemption. The Company provides short-term loans through three products, PayDay Advances, Speedloans, and Cheque Cashing. PayDay Advances offer customers short-term unsecured loans to meet their cash flow requirements until wages are received. Speedloans provide customers with immediately available installment loans over a longer term of between six and 18 months and Cheque Cashing provides access to their cash for customers who have received cheques. The Company offers a range of new and second hand jewellery. Herbert Brown offers a range of new, second hand and antique jewellery.