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The historical rank and industry rank for Fidelity Asian Values's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Fidelity Asian Values was 113.88. The lowest was 11.30. And the median was 36.69.
LSE:FAS's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.27 * Ranked among companies with meaningful Price-to-Net-Cash only.
Fidelity Asian Values (LSE:FAS) 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.
Fidelity Asian Values Net Cash per Share Related Terms
Fidelity Asian Values Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Fidelity Asian Values'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.
LSE:FAS vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, Fidelity Asian Values'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.
Fidelity Asian Values Price-to-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity Asian Values's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Fidelity Asian Values's Price-to-Net-Cash falls into.
Fidelity Asian Values 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.
Fidelity Asian Values's Net Cash per Share for the fiscal year that ended in Jul. 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.
Fidelity Asian Values (LSE:FAS) has a Net Cash per Share of £-0.12 as of Jan. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Fidelity Asian Values and its competitors. Over the past decade, Fidelity Asian Values' Net Cash per Share has ranged from 11.30 to 113.88. According to the industry distribution chart, Fidelity Asian Values ranks #999999 out of 464 companies in the Asset Management industry.
Is Fidelity Asian Values' Net Cash per Share too high?
Fidelity Asian Values' current Net Cash per Share is £-0.12. Over the past 10 years, this metric has ranged from a low of 11.30 to a high of 113.88. Based on the distribution chart, Fidelity Asian Values ranks #999999 out of 464 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fidelity Asian Values has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity Asian Values' Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Asian Values ranks #999999 out of 464 companies for Net Cash per Share. This places Fidelity Asian Values in the lower half of its industry. The industry median Net Cash per Share is 6.27. Historically, Fidelity Asian Values' own Net Cash per Share has ranged from 11.30 to 113.88 over the past decade. 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 6.27, based on 464 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 Fidelity Asian Values and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Asian Values's current Net Cash per Share is £-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Asian Values stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Asian Values (LSE:FAS) is currently considered Possible Value Trap. The stock's GF Value™ is £12.07, compared to a current price of £6.14 — trading 49.1% below its estimated fair value. The current Net Cash per Share is £-0.12. Fidelity Asian Values' overall GF Score™ is 53/100 with 3 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 Fidelity Asian Values (LSE:FAS), the current Net Cash per Share is £-0.12 as of Jan. 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 Fidelity Asian Values (LSE:FAS) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity Asian Values stock appears to be undervalued.
The current stock price of £6.14 is trading 49.1% below its estimated GF Value™ of £12.07.
GuruFocus considers Fidelity Asian Values to be Possible Value Trap.
Key valuation signals for LSE:FAS:
Net Cash per Share: £-0.12
GF Value™: £12.07 vs. price of £6.14 (49.1% below fair value)
No single metric tells the full story. See the LSE:FAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity Asian Values PLC is an investment trust that provides investment solutions and retirement expertise to institutions, individuals and their advisers. The company's objective is to achieve long-term capital growth principally from the stock markets of the Asian Region excluding Japan. The company invests across multiple sectors such as financials, consumer discretionary, industrials, consumer staples, materials, real estate, energy, healthcare, utilities, information technology, and communication services.
53GF Score
Get the complete analysis for LSE:FAS
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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