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Meggitt (Meggitt) Net Cash per Share : $-5.43 (As of Jun. 2022)


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What is Meggitt Net Cash per Share?

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). Meggitt's Net Cash per Share for the quarter that ended in Jun. 2022 was $-5.43.

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

MEGGY's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 10.85
* Ranked among companies with meaningful Price-to-Net-Cash only.

Meggitt Net Cash per Share Historical Data

The historical data trend for Meggitt'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.

* Premium members only.

Meggitt Net Cash per Share Chart

Meggitt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.67 -7.11 -7.19 -6.15 -5.50

Meggitt Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -6.85 -6.15 -5.91 -5.50 -5.43

Competitive Comparison of Meggitt's Net Cash per Share

For the Aerospace & Defense subindustry, Meggitt'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.


Meggitt's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Meggitt's Price-to-Net-Cash distribution charts can be found below:

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



Meggitt 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.

Meggitt's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(253.723-2405.984-0)/391.003
=-5.50

Meggitt's Net Cash per Share for the quarter that ended in Jun. 2022 is calculated as

Net Cash per Share (Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(129.557-2254.68-0)/391.45
=-5.43

* 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.


Meggitt  (OTCPK:MEGGY) 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.


Meggitt Net Cash per Share Related Terms

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Meggitt (Meggitt) Business Description

Traded in Other Exchanges
N/A
Address
Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU
Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (Meggitt) Headlines

From GuruFocus

Take a Look at Meggitt

By Holmes Osborne, CFA Holmes Osborne, CFA 08-17-2016