BlackRock Throgmorton Trust (LSE:THRG) Net Cash per Share: £0.28 (As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:THRG BlackRock Throgmorton Trust PLC LSE:THRG
21 GF Score
Price £5.52
View Full Analysis

What is BlackRock Throgmorton Trust Net Cash per Share?

BlackRock Throgmorton Trust LSE:THRG 21 Net Cash per Share is £0.28 as of Nov. 2025. GuruFocus rates LSE:THRG with a GF Score™ of 21/100.

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). BlackRock Throgmorton Trust's Net Cash per Share for the quarter that ended in Nov. 2025 was £0.28.

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

LSE:THRG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 11.72   Med: 25.6   Max: 325
Current: 19.71

During the past 13 years, the highest Price-to-Net-Cash Ratio of BlackRock Throgmorton Trust was 325.00. The lowest was 11.72. And the median was 25.60.

LSE:THRG's Price-to-Net-Cash is not ranked
in the Asset Management industry.
Industry Median: 6.345 vs LSE:THRG: 19.71

BlackRock Throgmorton Trust  (LSE:THRG) 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.


BlackRock Throgmorton Trust Net Cash per Share Related Terms


BlackRock Throgmorton Trust Net Cash per Share Historical Data

* Premium members only.

The historical data trend for BlackRock Throgmorton Trust'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.

BlackRock Throgmorton Trust Net Cash per Share Chart

BlackRock Throgmorton Trust Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.48 0.15 0.38 0.28

BlackRock Throgmorton Trust Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.15 0.27 0.38 0.30 0.28

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

For the Asset Management subindustry, BlackRock Throgmorton Trust'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.


BlackRock Throgmorton Trust Price-to-Net-Cash vs Asset Management Industry

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

* The bar in red indicates where BlackRock Throgmorton Trust's Price-to-Net-Cash falls into.


LSE:THRG
21GF Score
BlackRock Throgmorton Trust PLC LSE:THRG
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Throgmorton Trust 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.

BlackRock Throgmorton Trust's Net Cash per Share for the fiscal year that ended in Nov. 2025 is calculated as

BlackRock Throgmorton Trust's Net Cash per Share for the quarter that ended in Nov. 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of £0.28 mean?
BlackRock Throgmorton Trust (LSE:THRG) has a Net Cash per Share of £0.28 as of Nov. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on BlackRock Throgmorton Trust and its competitors.
Is BlackRock Throgmorton Trust's Net Cash per Share too high?
BlackRock Throgmorton Trust's current Net Cash per Share is £0.28. Overall, BlackRock Throgmorton Trust has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Throgmorton Trust's Net Cash per Share compare to BLK and BX?
BlackRock Throgmorton Trust's Net Cash per Share of £0.28 can be compared against companies in the Asset Management industry. The industry median Net Cash per Share is 6.35. 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 6.35, based on 448 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 BlackRock Throgmorton Trust and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Throgmorton Trust's current Net Cash per Share is £0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Throgmorton Trust stock overvalued right now?
BlackRock Throgmorton Trust (LSE:THRG) has a current Net Cash per Share of £0.28. The current Net Cash per Share is £0.28. BlackRock Throgmorton Trust's overall GF Score™ is 21/100. 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 BlackRock Throgmorton Trust (LSE:THRG), the current Net Cash per Share is £0.28 as of Nov. 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.

BlackRock Throgmorton Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Throgmorton Trust PLC is an investment trust. Its objective is to provide shareholders with long-term capital growth and an attractive total return through investment predominantly in UK smaller and mid-capitalisation companies traded on the London Stock Exchange. The company's portfolio of investments consists of securities of companies from Industrials, Consumer Discretionary, Financials, Technology, Basic Materials, and other sectors.
21GF Score

Get the complete analysis for LSE:THRG

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

£5.52
Price