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Mercury NZMGHTF +8.44%86 Net Cash per Share is $-2.08 as of Jun. 2026. GuruFocus rates MGHTF with a GF Score™ of 86/100 and a GF Value™ of $3.88. The stock has 8 warning signs investors should review. Among 47 Utilities - Independent Power Producers companies, Mercury NZ ranks worse than 2127657.45% on this metric.
The historical rank and industry rank for Mercury NZ's Net Cash per Share or its related term are showing as below:
MGHTF's Price-to-Net-Cash is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.17 * Ranked among companies with meaningful Price-to-Net-Cash only.
Mercury NZ (OTCPK:MGHTF) 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.
Mercury NZ Net Cash per Share Related Terms
Mercury NZ Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Mercury NZ'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.
Mercury NZ Net Cash per Share Competitor Comparison
For the Utilities - Renewable subindustry, Mercury NZ'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.
Mercury NZ Price-to-Net-Cash vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Mercury NZ's Price-to-Net-Cash falls into.
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.
Mercury NZ's Net Cash per Share for the fiscal year that ended in Jun. 2026 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.
Mercury NZ (MGHTF) has a Net Cash per Share of $-2.08 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Mercury NZ and its competitors. According to the industry distribution chart, Mercury NZ ranks #999999 out of 47 companies in the Utilities - Independent Power Producers industry.
Is Mercury NZ's Net Cash per Share too high?
Mercury NZ's current Net Cash per Share is $-2.08. Based on the distribution chart, Mercury NZ ranks #999999 out of 47 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Mercury NZ has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Net Cash per Share compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #999999 out of 47 companies for Net Cash per Share. This places Mercury NZ in the lower half of its industry. The industry median Net Cash per Share is 6.17. 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 Utilities - Independent Power Producers company?
The median Net Cash per Share among Utilities - Independent Power Producers companies is 6.17, based on 47 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 Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median Net Cash per Share is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Net Cash per Share is $-2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Mercury NZ (MGHTF) has a current Net Cash per Share of $-2.08. The stock's GF Value™ is $3.88, compared to a current price of $4.37 — trading 12.6% above its estimated fair value. The current Net Cash per Share is $-2.08. Mercury NZ's overall GF Score™ is 86/100 with 8 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 Mercury NZ (MGHTF), the current Net Cash per Share is $-2.08 as of Jun. 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 Mercury NZ (MGHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued.
The current stock price of $4.37 is trading 12.6% above its estimated GF Value™ of $3.88.
Key valuation signals for MGHTF:
Net Cash per Share: $-2.08
GF Value™: $3.88 vs. price of $4.37 (12.6% above fair value)
No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
86GF Score
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