MSD (Morgan Stanley Emerg Mkts Debt Fd) Net Cash per Share: $-0.21 (As of Dec. 2025)

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MSD Morgan Stanley Emerg Mkts Debt Fd Inc MSD
58 GF Score
Price $7.32
GF Value $9.63
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Morgan Stanley Emerg Mkts Debt Fd Net Cash per Share?

Morgan Stanley Emerg Mkts Debt Fd MSD +0.39% 58 Net Cash per Share is $-0.21 as of Dec. 2025. GuruFocus rates MSD with a GF Score™ of 58/100 and a GF Value™ of $9.63 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 463 Asset Management companies, Morgan Stanley Emerg Mkts Debt Fd ranks worse than 215982.51% on this metric.

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share for the quarter that ended in Dec. 2025 was $-0.21.

The historical rank and industry rank for Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share or its related term are showing as below:

MSD's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 5.87
* Ranked among companies with meaningful Price-to-Net-Cash only.

Morgan Stanley Emerg Mkts Debt Fd  (NYSE:MSD) 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.


Morgan Stanley Emerg Mkts Debt Fd Net Cash per Share Related Terms


Morgan Stanley Emerg Mkts Debt Fd Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Morgan Stanley Emerg Mkts Debt Fd'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.

Morgan Stanley Emerg Mkts Debt Fd Net Cash per Share Chart

Morgan Stanley Emerg Mkts Debt Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -0.34 -0.21 -0.26 -0.28 -0.21

Morgan Stanley Emerg Mkts Debt Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.26 -0.26 -0.28 -0.38 -0.21

MSD vs PFD, PIM, MHF: Net Cash per Share Comparison

For the Asset Management subindustry, Morgan Stanley Emerg Mkts Debt Fd'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.


Morgan Stanley Emerg Mkts Debt Fd Price-to-Net-Cash vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Emerg Mkts Debt Fd's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Emerg Mkts Debt Fd's Price-to-Net-Cash falls into.


MSD
58GF Score
Morgan Stanley Emerg Mkts Debt Fd Inc MSD
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Morgan Stanley Emerg Mkts Debt Fd 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.

Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share for the quarter 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.21 mean?
Morgan Stanley Emerg Mkts Debt Fd (MSD) has a Net Cash per Share of $-0.21 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 Morgan Stanley Emerg Mkts Debt Fd and its competitors. According to the industry distribution chart, Morgan Stanley Emerg Mkts Debt Fd ranks #999999 out of 463 companies in the Asset Management industry.
Is Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share too high?
Morgan Stanley Emerg Mkts Debt Fd's current Net Cash per Share is $-0.21. Based on the distribution chart, Morgan Stanley Emerg Mkts Debt Fd ranks #999999 out of 463 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Morgan Stanley Emerg Mkts Debt Fd has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley Emerg Mkts Debt Fd's Net Cash per Share compare to PFD and PIM?
According to the Asset Management industry distribution chart, Morgan Stanley Emerg Mkts Debt Fd ranks #999999 out of 463 companies for Net Cash per Share. This places Morgan Stanley Emerg Mkts Debt Fd in the lower half of its industry. The industry median Net Cash per Share is 5.87. 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 Asset Management company?
The median Net Cash per Share among Asset Management companies is 5.87, based on 463 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 Morgan Stanley Emerg Mkts Debt Fd and its competitors. For the Asset Management industry, the median Net Cash per Share is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley Emerg Mkts Debt Fd's current Net Cash per Share is $-0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley Emerg Mkts Debt Fd stock overvalued right now?
Based on GuruFocus' analysis, Morgan Stanley Emerg Mkts Debt Fd (MSD) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.63, compared to a current price of $7.32 — trading 24% below its estimated fair value. The current Net Cash per Share is $-0.21. Morgan Stanley Emerg Mkts Debt Fd's overall GF Score™ is 58/100 with 2 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 Morgan Stanley Emerg Mkts Debt Fd (MSD), the current Net Cash per Share is $-0.21 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 Morgan Stanley Emerg Mkts Debt Fd (MSD) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Stanley Emerg Mkts Debt Fd stock appears to be undervalued. The current stock price of $7.32 is trading 24% below its estimated GF Value™ of $9.63. GuruFocus considers Morgan Stanley Emerg Mkts Debt Fd to be Modestly Undervalued.

Key valuation signals for MSD:

  • Net Cash per Share: $-0.21
  • GF Value™: $9.63 vs. price of $7.32 (24% below fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the MSD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morgan Stanley Emerg Mkts Debt Fd Business Description

Address 1585 Broadway, New York, NY, USA, 10036
Morgan Stanley Emerg Mkts Debt Fd Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is to produce high current income and as a secondary objective to seek capital appreciation, through investments mainly in debt securities of government and government-related issuers located in emerging countries, of entities organized to restructure the outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.
58GF Score

Get the complete analysis for MSD

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.32
Price
$9.63
GF Value