Inspecs Group (LSE:SPEC) Net Cash per Share: £-1.05 (As of Dec. 2025)

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LSE:SPEC Inspecs Group PLC LSE:SPEC
44 GF Score
Price £0.96
GF Value £0.58
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Inspecs Group Net Cash per Share?

Inspecs Group LSE:SPEC 44 Net Cash per Share is £-1.05 as of Dec. 2025. GuruFocus rates LSE:SPEC with a GF Score™ of 44/100 and a GF Value™ of £0.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 280 Medical Devices & Instruments companies, Inspecs Group ranks worse than 357142.5% on this metric.

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). Inspecs Group's Net Cash per Share for the quarter that ended in Dec. 2025 was £-1.05.

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

LSE:SPEC's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 9.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Inspecs Group  (LSE:SPEC) 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.


Inspecs Group Net Cash per Share Related Terms


Inspecs Group Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Inspecs 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.

Inspecs Group Net Cash per Share Chart

Inspecs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.06 -1.05 -0.97 -1.07 -1.05

Inspecs Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.97 -0.90 -1.07 -0.91 -1.05

LSE:SPEC vs ISRG, BDX, MDLN: Net Cash per Share Comparison

For the Medical Instruments & Supplies subindustry, Inspecs 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.


Inspecs Group Price-to-Net-Cash vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspecs Group's Price-to-Net-Cash distribution charts can be found below:

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


LSE:SPEC
44GF Score
Inspecs Group PLC LSE:SPEC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inspecs 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.

Inspecs Group's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15.986-122.514-0)/101.672
=-1.05

Inspecs Group's Net Cash per Share for the quarter that ended in Dec. 2025 is calculated as

Net Cash per Share (Q: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(15.986-122.514-0)/101.672
=-1.05

* 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 £-1.05 mean?
Inspecs Group (LSE:SPEC) has a Net Cash per Share of £-1.05 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 Inspecs Group and its competitors. According to the industry distribution chart, Inspecs Group ranks #999999 out of 280 companies in the Medical Devices & Instruments industry.
Is Inspecs Group's Net Cash per Share too high?
Inspecs Group's current Net Cash per Share is £-1.05. Based on the distribution chart, Inspecs Group ranks #999999 out of 280 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Inspecs Group has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inspecs Group's Net Cash per Share compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Inspecs Group ranks #999999 out of 280 companies for Net Cash per Share. This places Inspecs Group in the lower half of its industry. The industry median Net Cash per Share is 9.81. 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 Medical Devices & Instruments company?
The median Net Cash per Share among Medical Devices & Instruments companies is 9.81, based on 280 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 Inspecs Group and its competitors. For the Medical Devices & Instruments industry, the median Net Cash per Share is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inspecs Group's current Net Cash per Share is £-1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inspecs Group stock overvalued right now?
Based on GuruFocus' analysis, Inspecs Group (LSE:SPEC) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.58, compared to a current price of £0.96 — trading 65.5% above its estimated fair value. The current Net Cash per Share is £-1.05. Inspecs Group's overall GF Score™ is 44/100 with 6 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 Inspecs Group (LSE:SPEC), the current Net Cash per Share is £-1.05 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 Inspecs Group (LSE:SPEC) Overvalued in 2026?

Based on GuruFocus' analysis, Inspecs Group stock appears to be overvalued. The current stock price of £0.96 is trading 65.5% above its estimated GF Value™ of £0.58. GuruFocus considers Inspecs Group to be Significantly Overvalued.

Key valuation signals for LSE:SPEC:

  • Net Cash per Share: £-1.05
  • GF Value™: £0.58 vs. price of £0.96 (65.5% above fair value)
  • GF Score™: 44/100 with 6 warning signs

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


Inspecs Group Business Description

Address Upper Bristol Road, 7-10 Kelso Place, Bath, Somerset, GBR, BA1 3AU
Inspecs Group PLC is a designer and manufacturer of eyewear frames and accessories. The customers of the company include optical and Non-optical retailers, distributors, and independent opticians. The company operations are spread across the United Kingdom, Europe (excluding the UK), South America, North America, Asia, Africa, and Australia. Its eyewear brands include Superdry, Titanflex, O'Neill, Brendel, Humphreys, Marc O'Polo, and among others. The reporting segments of the company are Frames and Optics product distribution which derives maximum revenue, and Manufacturing includes OEM and manufacturing distribution segment.
44GF Score

Get the complete analysis for LSE:SPEC

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

£0.96
Price
£0.58
GF Value