MNGA (MNG Havayollari ve Tasimacilik AS) Net Cash per Share: $-2.03 (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Net Cash per Share?

MNG Havayollari ve Tasimacilik AS MNGA Net Cash per Share is $-2.03 as of Dec. 2022.

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). MNG Havayollari ve Tasimacilik AS's Net Cash per Share for the quarter that ended in Dec. 2022 was $-2.03.

The historical rank and industry rank for MNG Havayollari ve Tasimacilik AS's Net Cash per Share or its related term are showing as below:

MNGA's Price-to-Net-Cash is not ranked *
in the Transportation industry.
Industry Median: 7.99
* Ranked among companies with meaningful Price-to-Net-Cash only.

MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) 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.


MNG Havayollari ve Tasimacilik AS Net Cash per Share Related Terms


MNG Havayollari ve Tasimacilik AS Net Cash per Share Historical Data

* Premium members only.

The historical data trend for MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Net Cash per Share Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Net Cash per Share
-1.23 -2.11 -2.03

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Net Cash per Share -1.23 -2.11 -2.32 -2.03

MNGA vs : Net Cash per Share Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.


MNG Havayollari ve Tasimacilik AS Price-to-Net-Cash vs Transportation Industry

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Price-to-Net-Cash falls into.



MNG Havayollari ve Tasimacilik AS 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.

MNG Havayollari ve Tasimacilik AS'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)
=(24.973-154.696-0)/63.930
=-2.03

MNG Havayollari ve Tasimacilik AS's Net Cash per Share for the quarter that ended in Dec. 2022 is calculated as

Net Cash per Share (Q: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.973-154.696-0)/63.930
=-2.03

* 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 $-2.03 mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Net Cash per Share of $-2.03 as of Dec. 2022. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Net Cash per Share too high?
MNG Havayollari ve Tasimacilik AS's current Net Cash per Share is $-2.03.
How does MNG Havayollari ve Tasimacilik AS's Net Cash per Share compare to ?
MNG Havayollari ve Tasimacilik AS's Net Cash per Share of $-2.03 can be compared against companies in the Transportation industry. The industry median Net Cash per Share is 7.99. 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 Transportation company?
The median Net Cash per Share among Transportation companies is 7.99, based on 121 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 MNG Havayollari ve Tasimacilik AS and its competitors. For the Transportation industry, the median Net Cash per Share is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MNG Havayollari ve Tasimacilik AS's current Net Cash per Share is $-2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Net Cash per Share of $-2.03. The current Net Cash per Share is $-2.03. 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 MNG Havayollari ve Tasimacilik AS (MNGA), the current Net Cash per Share is $-2.03 as of Dec. 2022. 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.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.