Calculus VCT (LSE:CLC) Net Cash per Share: £0.02 (As of Mar. 2026)

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LSE:CLC Calculus VCT PLC LSE:CLC
32 GF Score
Price £0.50
GF Value £0.30
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Calculus VCT Net Cash per Share?

Calculus VCT LSE:CLC 32 Net Cash per Share is £0.02 as of Mar. 2026. GuruFocus rates LSE:CLC with a GF Score™ of 32/100 and a GF Value™ of £0.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 447 Asset Management companies, Calculus VCT ranks worse than 71.14% on this metric.

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). Calculus VCT's Net Cash per Share for the quarter that ended in Mar. 2026 was £0.02.

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

LSE:CLC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4   Med: 9.49   Max: 26.63
Current: 25

During the past 13 years, the highest Price-to-Net-Cash Ratio of Calculus VCT was 26.63. The lowest was 4.00. And the median was 9.49.

LSE:CLC's Price-to-Net-Cash is ranked worse than
71.14% of 447 companies
in the Asset Management industry
Industry Median: 7.05 vs LSE:CLC: 25.00

Calculus VCT  (LSE:CLC) 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.


Calculus VCT Net Cash per Share Related Terms


Calculus VCT Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Calculus VCT'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.

Calculus VCT Net Cash per Share Chart

Calculus VCT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.12 0.06 0.00 0.02

Calculus VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Sep24 Mar25 Sep25 Mar26
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 0.04 0.04 0.00 0.00 0.02

LSE:CLC vs BLK, BX, KKR: Net Cash per Share Comparison

For the Asset Management subindustry, Calculus VCT'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.


Calculus VCT Price-to-Net-Cash vs Asset Management Industry

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

* The bar in red indicates where Calculus VCT's Price-to-Net-Cash falls into.


LSE:CLC
32GF Score
Calculus VCT PLC LSE:CLC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calculus VCT 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.

Calculus VCT's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.128+0-0.589-0)/92.523421
=0.02

Calculus VCT's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.128+0-0.589-0)/92.523421
=0.02

* 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 £0.02 mean?
Calculus VCT (LSE:CLC) has a Net Cash per Share of £0.02 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 Calculus VCT and its competitors. According to the industry distribution chart, Calculus VCT ranks #318 out of 447 companies in the Asset Management industry, placing it in the top 71.1%.
Is Calculus VCT's Net Cash per Share too high?
Calculus VCT's current Net Cash per Share is £0.02. Based on the distribution chart, Calculus VCT ranks #318 out of 447 companies in the Asset Management industry, which is below the industry midpoint. Overall, Calculus VCT has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calculus VCT's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Calculus VCT ranks #318 out of 447 companies for Net Cash per Share. This places Calculus VCT in the lower half of its industry. The industry median Net Cash per Share is 7.05. 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 an Asset Management company?
The median Net Cash per Share among Asset Management companies is 7.05, based on 447 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 Calculus VCT and its competitors. For the Asset Management industry, the median Net Cash per Share is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calculus VCT's current Net Cash per Share is £0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calculus VCT stock overvalued right now?
Based on GuruFocus' analysis, Calculus VCT (LSE:CLC) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.30, compared to a current price of £0.50 — trading 66.7% above its estimated fair value. The current Net Cash per Share is £0.02. Calculus VCT's overall GF Score™ is 32/100 with 7 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 Calculus VCT (LSE:CLC), the current Net Cash per Share is £0.02 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 Calculus VCT (LSE:CLC) Overvalued in 2026?

Based on GuruFocus' analysis, Calculus VCT stock appears to be overvalued. The current stock price of £0.50 is trading 66.7% above its estimated GF Value™ of £0.30. GuruFocus considers Calculus VCT to be Significantly Overvalued.

Key valuation signals for LSE:CLC:

  • Net Cash per Share: £0.02
  • GF Value™: £0.30 vs. price of £0.50 (66.7% above fair value)
  • GF Score™: 32/100 with 7 warning signs

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


Calculus VCT Business Description

Address 12 Conduit Street, London, GBR, W1S 2XH
Calculus VCT PLC is a part of the financial services sector in the United Kingdom. The company operates as a venture capital trust, focusing on the investment business. The investment objective of the company is to invest mainly in a diverse portfolio of United Kingdom growth companies. The company invests in a portfolio of venture capital investments that will provide sufficient returns to allow the company to maximize annual dividends and achieve capital growth over the medium to long term.
32GF Score

Get the complete analysis for LSE:CLC

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

£0.50
Price
£0.30
GF Value