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.
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.
Doxee SpAMIL:DOX +1.92%73 Net Cash per Share is €-2.64 as of Dec. 2025. GuruFocus rates MIL:DOX with a GF Score™ of 73/100 and a GF Value™ of €2.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 860 Software companies, Doxee SpA ranks worse than 116278.95% on this metric.
The historical rank and industry rank for Doxee SpA's Net Cash per Share or its related term are showing as below:
MIL:DOX's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 7.98 * Ranked among companies with meaningful Price-to-Net-Cash only.
Doxee SpA (MIL:DOX) 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.
Doxee SpA Net Cash per Share Related Terms
Doxee SpA Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Doxee SpA'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.
MIL:DOX vs MSFT, PLTR, ORCL: Net Cash per Share Comparison
For the Software - Infrastructure subindustry, Doxee SpA'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.
Doxee SpA Price-to-Net-Cash vs Software Industry
For the Software industry and Technology sector, Doxee SpA's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Doxee SpA'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.
Doxee SpA's Net Cash per Share for the fiscal year that ended in Dec. 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.
Doxee SpA (MIL:DOX) has a Net Cash per Share of €-2.64 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 Doxee SpA and its competitors. According to the industry distribution chart, Doxee SpA ranks #999999 out of 860 companies in the Software industry.
Is Doxee SpA's Net Cash per Share too high?
Doxee SpA's current Net Cash per Share is €-2.64. Based on the distribution chart, Doxee SpA ranks #999999 out of 860 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Doxee SpA has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doxee SpA's Net Cash per Share compare to MSFT and PLTR?
According to the Software industry distribution chart, Doxee SpA ranks #999999 out of 860 companies for Net Cash per Share. This places Doxee SpA in the lower half of its industry. The industry median Net Cash per Share is 7.98. 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 Software company?
The median Net Cash per Share among Software companies is 7.98, based on 860 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 Doxee SpA and its competitors. For the Software industry, the median Net Cash per Share is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Doxee SpA's current Net Cash per Share is €-2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doxee SpA stock overvalued right now?
Based on GuruFocus' analysis, Doxee SpA (MIL:DOX) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.69, compared to a current price of €3.72 — trading 38.3% above its estimated fair value. The current Net Cash per Share is €-2.64. Doxee SpA's overall GF Score™ is 73/100 with 4 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 Doxee SpA (MIL:DOX), the current Net Cash per Share is €-2.64 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.
Is Doxee SpA (MIL:DOX) Overvalued in 2026?
Based on GuruFocus' analysis, Doxee SpA stock appears to be overvalued.
The current stock price of €3.72 is trading 38.3% above its estimated GF Value™ of €2.69.
GuruFocus considers Doxee SpA to be Significantly Overvalued.
Key valuation signals for MIL:DOX:
Net Cash per Share: €-2.64
GF Value™: €2.69 vs. price of €3.72 (38.3% above fair value)
No single metric tells the full story. See the MIL:DOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.
73GF Score
Get the complete analysis for MIL:DOX
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:DOX has been successfully added to your 
