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Modern Plant Based FoodsMDRNF 16 Net Cash per Share is $-0.32 as of May. 2026. GuruFocus rates MDRNF with a GF Score™ of 16/100 and a GF Value™ of $0.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 325 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 307692% on this metric.
The historical rank and industry rank for Modern Plant Based Foods's Net Cash per Share or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Cash Ratio of Modern Plant Based Foods was 1351.43. The lowest was 4.76. And the median was 5.88.
MDRNF's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.35 * Ranked among companies with meaningful Price-to-Net-Cash only.
Modern Plant Based Foods (OTCPK:MDRNF) 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.
Modern Plant Based Foods Net Cash per Share Related Terms
Modern Plant Based Foods 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.
MDRNF vs KHC, GIS, HRL: Net Cash per Share Comparison
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods Price-to-Net-Cash vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's Price-to-Net-Cash falls into.
Modern Plant Based Foods 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.
Modern Plant Based Foods's Net Cash per Share for the fiscal year that ended in Aug. 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.
Modern Plant Based Foods (MDRNF) has a Net Cash per Share of $-0.32 as of May. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #999999 out of 325 companies in the Consumer Packaged Goods industry.
Is Modern Plant Based Foods' Net Cash per Share too high?
Modern Plant Based Foods' current Net Cash per Share is $-0.32. Based on the distribution chart, Modern Plant Based Foods ranks #999999 out of 325 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Modern Plant Based Foods has a GF Score™ of 16/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modern Plant Based Foods' Net Cash per Share compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #999999 out of 325 companies for Net Cash per Share. This places Modern Plant Based Foods in the lower half of its industry. The industry median Net Cash per Share is 8.35. 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 a Consumer Packaged Goods company?
The median Net Cash per Share among Consumer Packaged Goods companies is 8.35, based on 325 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 Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median Net Cash per Share is 8.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods's current Net Cash per Share is $-0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.45, compared to a current price of $0.13 — trading 71.5% below its estimated fair value. The current Net Cash per Share is $-0.32. Modern Plant Based Foods' overall GF Score™ is 16/100 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 Modern Plant Based Foods (MDRNF), the current Net Cash per Share is $-0.32 as of May. 2026. 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 Modern Plant Based Foods (MDRNF) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Plant Based Foods stock appears to be undervalued.
The current stock price of $0.13 is trading 71.5% below its estimated GF Value™ of $0.45.
GuruFocus considers Modern Plant Based Foods to be Possible Value Trap.
Key valuation signals for MDRNF:
Net Cash per Share: $-0.32
GF Value™: $0.45 vs. price of $0.13 (71.5% below fair value)
No single metric tells the full story. See the MDRNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
16GF Score
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