LUD (Luda Technology Group) Net Cash per Share: $-0.73 (As of Dec. 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.

LUD Luda Technology Group Ltd LUD
20 GF Score
Price $4.28
! 5 Warning Signs
View Full Analysis

What is Luda Technology Group Net Cash per Share?

Luda Technology Group LUD -0.47% 20 Net Cash per Share is $-0.73 as of Dec. 2025. GuruFocus rates LUD with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 80 Steel companies, Luda Technology Group ranks worse than 1249998.75% 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). Luda Technology Group's Net Cash per Share for the quarter that ended in Dec. 2025 was $-0.73.

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

LUD's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 5.175
* Ranked among companies with meaningful Price-to-Net-Cash only.

Luda Technology Group  (AMEX:LUD) 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.


Luda Technology Group Net Cash per Share Related Terms


Luda Technology Group Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Luda Technology 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.

Luda Technology Group Net Cash per Share Chart

Luda Technology Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
-0.59 -0.93 -0.97 -0.76 -0.73

Luda Technology Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.97 -1.08 -0.76 -0.41 -0.73

LUD vs HLP, ZKIN, INHD: Net Cash per Share Comparison

For the Steel subindustry, Luda Technology 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.


Luda Technology Group Price-to-Net-Cash vs Steel Industry

For the Steel industry and Basic Materials sector, Luda Technology Group's Price-to-Net-Cash distribution charts can be found below:

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


LUD
20GF Score
Luda Technology Group Ltd LUD
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luda Technology 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.

Luda Technology 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)
=(10.249-26.917-0)/22.690
=-0.73

Luda Technology 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)
=(10.249-26.917-0)/22.690
=-0.73

* 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 $-0.73 mean?
Luda Technology Group (LUD) has a Net Cash per Share of $-0.73 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 Luda Technology Group and its competitors. According to the industry distribution chart, Luda Technology Group ranks #999999 out of 80 companies in the Steel industry.
Is Luda Technology Group's Net Cash per Share too high?
Luda Technology Group's current Net Cash per Share is $-0.73. Based on the distribution chart, Luda Technology Group ranks #999999 out of 80 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Luda Technology Group has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Luda Technology Group's Net Cash per Share compare to HLP and ZKIN?
According to the Steel industry distribution chart, Luda Technology Group ranks #999999 out of 80 companies for Net Cash per Share. This places Luda Technology Group in the lower half of its industry. The industry median Net Cash per Share is 5.18. 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 Steel company?
The median Net Cash per Share among Steel companies is 5.18, based on 80 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 Luda Technology Group and its competitors. For the Steel industry, the median Net Cash per Share is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luda Technology Group's current Net Cash per Share is $-0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luda Technology Group stock overvalued right now?
Luda Technology Group (LUD) has a current Net Cash per Share of $-0.73. The current Net Cash per Share is $-0.73. Luda Technology Group's overall GF Score™ is 20/100 with 5 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 Luda Technology Group (LUD), the current Net Cash per Share is $-0.73 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.

Luda Technology Group Business Description

Address 38 Gloucester Road, Rooms 1604-1605, 16th Floor, YF Life Centre, Wanchai, HKG
Luda Technology Group Ltd is a company principally engaged in the manufacture and sale of stainless steel and carbon steel flanges and fittings, and in the trading of steel pipes, valves, and other steel tubing products. The company has two operating segments: Hong Kong Trading and PRC Manufacturing. Hong Kong Trading mainly engages in the trading of flange and fitting products sourced from suppliers, and this operating segment is conducted through Luda HK. PRC Manufacturing represents the trading and manufacturing of the in-house flanges and fittings products. It generates the majority of its revenue from the PRC Manufacturing segment. Geographically, it generates the majority of its revenue from the People's Republic of China (PRC).
20GF Score

Get the complete analysis for LUD

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

$4.28
Price