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The historical rank and industry rank for Aseana Properties's Net Cash per Share or its related term are showing as below:
LSE:ASPL's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 4.955 * Ranked among companies with meaningful Price-to-Net-Cash only.
Aseana Properties (LSE:ASPL) 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.
Aseana Properties Net Cash per Share Related Terms
Aseana Properties Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Aseana Properties'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.
Aseana Properties Net Cash per Share Competitor Comparison
For the Real Estate - Development subindustry, Aseana Properties'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.
Aseana Properties Price-to-Net-Cash vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aseana Properties's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Aseana Properties'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.
Aseana Properties'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.
Aseana Properties (LSE:ASPL) has a Net Cash per Share of $-0.23 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Aseana Properties and its competitors.
Is Aseana Properties' Net Cash per Share too high?
Aseana Properties' current Net Cash per Share is $-0.23. Overall, Aseana Properties has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aseana Properties' Net Cash per Share compare to competitors?
Aseana Properties' Net Cash per Share of $-0.23 can be compared against companies in the Real Estate industry. The industry median Net Cash per Share is 4.96. 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 Real Estate company?
The median Net Cash per Share among Real Estate companies is 4.96, based on 186 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 Aseana Properties and its competitors. For the Real Estate industry, the median Net Cash per Share is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aseana Properties's current Net Cash per Share is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aseana Properties stock overvalued right now?
Aseana Properties (LSE:ASPL) has a current Net Cash per Share of $-0.23. The stock's GF Value™ is $0.32, compared to a current price of $0.07 — trading 79.7% below its estimated fair value. The current Net Cash per Share is $-0.23. Aseana Properties' overall GF Score™ is 8/100 with 1 warning sign 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 Aseana Properties (LSE:ASPL), the current Net Cash per Share is $-0.23 as of Dec. 2025. 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 Aseana Properties (LSE:ASPL) Overvalued in 2026?
Based on GuruFocus' analysis, Aseana Properties stock appears to be undervalued.
The current stock price of $0.07 is trading 79.7% below its estimated GF Value™ of $0.32.
Key valuation signals for LSE:ASPL:
Net Cash per Share: $-0.23
GF Value™: $0.32 vs. price of $0.07 (79.7% below fair value)
No single metric tells the full story. See the LSE:ASPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aseana Properties Ltd, together with its subsidiaries, is focused on property development opportunities in Malaysia. The Group's principal business activities include developing upscale residential and hospitality projects in Malaysia, such as the RuMa Residence, Sandakan Harbour Mall, and Hotel, and the RuMa Hotel and Residences. Its reportable operating segments are identified based on business units as follows: Urban DNA Sdn. Bhd, which developed The RuMa Hotel and Residences, and generates maximum revenue; Amatir Resources Sdn. Bhd; ICSD Ventures Sdn. Bhd; Ireka Land Sdn. Bhd; and Investment Holding Companies. Geographically, the Group generates revenue from the sale of completed units in Malaysia.
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