GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premier Miton Group PLC (LSE:PMI) » Definitions » Net Cash per Share

Premier Miton Group (LSE:PMI) Net Cash per Share : £-0.72 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Premier Miton 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). Premier Miton Group's Net Cash per Share for the quarter that ended in Mar. 2024 was £-0.72.

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

LSE:PMI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Premier Miton Group Net Cash per Share Historical Data

The historical data trend for Premier Miton 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.

Premier Miton Group Net Cash per Share Chart

Premier Miton Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -0.16 -0.75 -0.68 -0.65

Premier Miton Group Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -0.56 -0.68 -0.89 -0.65 -0.72

Competitive Comparison of Premier Miton Group's Net Cash per Share

For the Asset Management subindustry, Premier Miton 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.


Premier Miton Group's Price-to-Net-Cash Distribution in the Asset Management Industry

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

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



Premier Miton 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.

Premier Miton Group's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39.07-135.944-0)/148.461
=-0.65

Premier Miton Group's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.715-142.401-0)/154.651
=-0.72

* 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.


Premier Miton Group  (LSE:PMI) 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.


Premier Miton Group Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Premier Miton Group's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Miton Group (LSE:PMI) Business Description

Traded in Other Exchanges
N/A
Address
High Street, Eastgate Court, Guildford, Surrey, GBR, GU1 3DE
Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

Premier Miton Group (LSE:PMI) Headlines

No Headlines