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Marks Electrical Group (LSE:MRK) Net Cash per Share : £-0.10 (As of Sep. 2023)


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What is Marks Electrical Group 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). Marks Electrical Group's Net Cash per Share for the quarter that ended in Sep. 2023 was £-0.10.

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

LSE:MRK's Price-to-Net-Cash is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

Marks Electrical Group Net Cash per Share Historical Data

The historical data trend for Marks Electrical Group'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.

Marks Electrical Group Net Cash per Share Chart

Marks Electrical Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
-0.09 -0.08 -0.11 -0.11 -0.09

Marks Electrical Group Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.13 -0.11 -0.11 -0.09 -0.10

Competitive Comparison of Marks Electrical Group's Net Cash per Share

For the Internet Retail subindustry, Marks Electrical Group'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.


Marks Electrical Group's Price-to-Net-Cash Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks Electrical Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Marks Electrical Group's Price-to-Net-Cash falls into.



Marks Electrical Group 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.

Marks Electrical Group's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9.972-19.023-0)/104.949
=-0.09

Marks Electrical Group's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(10.901-21.081-0)/105.248
=-0.10

* 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.


Marks Electrical Group  (LSE:MRK) 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.


Marks Electrical Group Net Cash per Share Related Terms

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Marks Electrical Group (LSE:MRK) Business Description

Traded in Other Exchanges
N/A
Address
4 Boston Road, Leicester, GBR, LE4 1AU
Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.

Marks Electrical Group (LSE:MRK) Headlines