MHPC (Manufactured Housing Properties) Net Cash per Share: $-11.32 (As of Sep. 2023)

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MHPC Manufactured Housing Properties Inc MHPC
12 GF Score
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What is Manufactured Housing Properties Net Cash per Share?

Manufactured Housing Properties MHPC 12 Net Cash per Share is $-11.32 as of Sep. 2023. GuruFocus rates MHPC with a GF Score™ of 12/100.

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). Manufactured Housing Properties's Net Cash per Share for the quarter that ended in Sep. 2023 was $-11.32.

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

MHPC's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 4.74
* Ranked among companies with meaningful Price-to-Net-Cash only.

Manufactured Housing Properties  (OTCPK:MHPC) 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.


Manufactured Housing Properties Net Cash per Share Related Terms


Manufactured Housing Properties Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties Net Cash per Share Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.28 -3.07 -3.65 -6.16 -9.31

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -8.68 -9.31 -10.08 -9.78 -11.32

MHPC vs WEWKQ, GYRO, LRHC: Net Cash per Share Comparison

For the Real Estate Services subindustry, Manufactured Housing Properties'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.


Manufactured Housing Properties Price-to-Net-Cash vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Manufactured Housing Properties's Price-to-Net-Cash distribution charts can be found below:

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


MHPC
12GF Score
Manufactured Housing Properties Inc MHPC
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Manufactured Housing Properties 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.

Manufactured Housing Properties's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.09-123.189--1.771)/12.493
=-9.31

Manufactured Housing Properties's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.967-145.939--2.526)/12.493
=-11.32

* 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 $-11.32 mean?
Manufactured Housing Properties (MHPC) has a Net Cash per Share of $-11.32 as of Sep. 2023. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Manufactured Housing Properties and its competitors.
Is Manufactured Housing Properties' Net Cash per Share too high?
Manufactured Housing Properties' current Net Cash per Share is $-11.32. Overall, Manufactured Housing Properties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manufactured Housing Properties' Net Cash per Share compare to WEWKQ and GYRO?
Manufactured Housing Properties' Net Cash per Share of $-11.32 can be compared against companies in the Real Estate industry. The industry median Net Cash per Share is 4.74. 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 Real Estate company?
The median Net Cash per Share among Real Estate companies is 4.74, based on 180 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 Manufactured Housing Properties and its competitors. For the Real Estate industry, the median Net Cash per Share is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufactured Housing Properties's current Net Cash per Share is $-11.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufactured Housing Properties stock overvalued right now?
Manufactured Housing Properties (MHPC) has a current Net Cash per Share of $-11.32. The current Net Cash per Share is $-11.32. Manufactured Housing Properties' overall GF Score™ is 12/100. 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 Manufactured Housing Properties (MHPC), the current Net Cash per Share is $-11.32 as of Sep. 2023. 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.

Manufactured Housing Properties Business Description

Address 136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
12GF Score

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