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VinaCapital Vietnam Opportunity FundLSE:VOF -0.34%37 Net Cash per Share is £0.07 as of Dec. 2025, which is 100% below its 10-year median of 52.98. GuruFocus rates LSE:VOF with a GF Score™ of 37/100. The stock has 3 warning signs investors should review. Among 464 Asset Management companies, VinaCapital Vietnam Opportunity Fund ranks worse than 87.93% on this metric.
LSE:VOF'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 8.84 Med: 52.98 Max: 160.5
Current: 62.14
During the past 13 years, the highest Price-to-Net-Cash Ratio of VinaCapital Vietnam Opportunity Fund was 160.50. The lowest was 8.84. And the median was 52.98.
LSE:VOF's Price-to-Net-Cash is ranked worse than 87.93% of 464
companies
in the Asset Management industry
Industry Median: 6.055
vs LSE:VOF: 62.14
VinaCapital Vietnam Opportunity Fund (LSE:VOF) 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.
VinaCapital Vietnam Opportunity Fund Net Cash per Share Related Terms
VinaCapital Vietnam Opportunity Fund Net Cash per Share Historical Data
* 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.
VinaCapital Vietnam Opportunity Fund Net Cash per Share Chart
LSE:VOF vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, VinaCapital Vietnam Opportunity Fund'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.
VinaCapital Vietnam Opportunity Fund Price-to-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, VinaCapital Vietnam Opportunity Fund's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where VinaCapital Vietnam Opportunity Fund's Price-to-Net-Cash falls into.
VinaCapital Vietnam Opportunity Fund 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.
* 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.
VinaCapital Vietnam Opportunity Fund (LSE:VOF) has a Net Cash per Share of £0.07 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 VinaCapital Vietnam Opportunity Fund and its competitors. This is 100% below median its historical median of 52.98. Over the past decade, VinaCapital Vietnam Opportunity Fund's Net Cash per Share has ranged from 8.84 to 160.50. According to the industry distribution chart, VinaCapital Vietnam Opportunity Fund ranks #408 out of 464 companies in the Asset Management industry, placing it in the top 87.9%.
Is VinaCapital Vietnam Opportunity Fund's Net Cash per Share too high?
VinaCapital Vietnam Opportunity Fund's current Net Cash per Share of £0.07 is 100% below median its 10-year median of 52.98. Over the past 10 years, this metric has ranged from a low of 8.84 to a high of 160.50. Based on the distribution chart, VinaCapital Vietnam Opportunity Fund ranks #408 out of 464 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, VinaCapital Vietnam Opportunity Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does VinaCapital Vietnam Opportunity Fund's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, VinaCapital Vietnam Opportunity Fund ranks #408 out of 464 companies for Net Cash per Share. This places VinaCapital Vietnam Opportunity Fund in the lower half of its industry. The industry median Net Cash per Share is 6.06. Historically, VinaCapital Vietnam Opportunity Fund's own Net Cash per Share has ranged from 8.84 to 160.50 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 6.06, 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 VinaCapital Vietnam Opportunity Fund and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VinaCapital Vietnam Opportunity Fund's current Net Cash per Share is £0.07, which is 100% below median its own 10-year median of 52.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VinaCapital Vietnam Opportunity Fund stock overvalued right now?
VinaCapital Vietnam Opportunity Fund (LSE:VOF) has a current Net Cash per Share of £0.07. The current Net Cash per Share is £0.07, which is 100% below median its 10-year median of 52.98. VinaCapital Vietnam Opportunity Fund's overall GF Score™ is 37/100 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 VinaCapital Vietnam Opportunity Fund (LSE:VOF), the current Net Cash per Share is £0.07 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.
VinaCapital Vietnam Opportunity Fund Business Description
VinaCapital Vietnam Opportunity Fund Ltd is a Guernsey-based investment company. Its investment objective is to achieve medium- to long-term returns through investments either in Vietnam or in companies with a substantial majority of their assets, operations, revenues, or income in, or derived from, Vietnam. The company mainly invests in listed and unlisted securities, debt instruments, private equity, real estate assets, capital markets, operating assets, private equity investments, and other net assets (including cash, cash equivalents, bonds, and short-term deposits). It holds a diversified portfolio of investments, including consumer goods, real estate, financial services, materials, energy, healthcare, and others.
37GF Score
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