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Aberforth Gearedome Trust (LSE:AGIZ.PFD) Net Cash per Share : £-0.57 (As of Dec. 2016)


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What is Aberforth Gearedome Trust Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Aberforth Gearedome Trust's Net Cash per Share for the quarter that ended in Dec. 2016 was £-0.57.

The historical rank and industry rank for Aberforth Gearedome Trust's Net Cash per Share or its related term are showing as below:

LSE:AGIZ.PFD's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.58
* Ranked among companies with meaningful Price-to-Net-Cash only.

Aberforth Gearedome Trust Net Cash per Share Historical Data

The historical data trend for Aberforth Gearedome Trust'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.

Aberforth Gearedome Trust Net Cash per Share Chart

Aberforth Gearedome Trust Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Net Cash per Share
Get a 7-Day Free Trial -0.74 -0.80 -0.52 -0.55 -0.58

Aberforth Gearedome Trust Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.53 -0.55 -0.55 -0.58 -0.57

Competitive Comparison of Aberforth Gearedome Trust's Net Cash per Share

For the Asset Management subindustry, Aberforth Gearedome Trust'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.


Aberforth Gearedome Trust's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberforth Gearedome Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Aberforth Gearedome Trust's Price-to-Net-Cash falls into.


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Aberforth Gearedome Trust 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.

Aberforth Gearedome Trust's Net Cash per Share for the fiscal year that ended in Jun. 2016 is calculated as

Net Cash per Share (A: Jun. 2016 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.703+0-109.842-0)/182.500
=-0.58

Aberforth Gearedome Trust's Net Cash per Share for the quarter that ended in Dec. 2016 is calculated as

Net Cash per Share (Q: Dec. 2016 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(8.909+0-113.057-0)/182.500
=-0.57

* 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.


Aberforth Gearedome Trust  (LSE:AGIZ.PFD) 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.


Aberforth Gearedome Trust Net Cash per Share Related Terms

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Aberforth Gearedome Trust Business Description

Traded in Other Exchanges
N/A
Address
Aberforth Geared Income Trust PLC is the United Kingdom based split capital investment trust which is managed by Aberforth Partners LLP. It has two classes of shares; Ordinary Shares and Zero Dividend Preference Shares. The Trust invests in a diversified portfolio of small the United Kingdom quoted companies listed on the London Stock Exchange, thereby proving its ordinary shareholders with the potential for high income and capital growth. Its zero dividend preference shareholders are provided pre-determined final capital. Aberforth invests across various sectors, including oil and gas, chemicals, mining, construction and materials, aerospace and defense, general industrials, electronic and electrical equipment, and industrial transportation.

Aberforth Gearedome Trust Headlines

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