MTAL (Metals Acquisition II) Net Cash per Share: $-0.30 (As of Jun. 2026)

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MTAL Metals Acquisition Corp II MTAL
13 GF Score
Price $10.16
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What is Metals Acquisition II Net Cash per Share?

Metals Acquisition II MTAL -0.10% 13 Net Cash per Share is $-0.30 as of Jun. 2026. GuruFocus rates MTAL with a GF Score™ of 13/100. Among 166 Diversified Financial Services companies, Metals Acquisition II ranks worse than 602409.04% on this metric.

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). Metals Acquisition II's Net Cash per Share for the quarter that ended in Jun. 2026 was $-0.30.

The historical rank and industry rank for Metals Acquisition II's Net Cash per Share or its related term are showing as below:

MTAL's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.685
* Ranked among companies with meaningful Price-to-Net-Cash only.

Metals Acquisition II  (NYSE:MTAL) 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.


Metals Acquisition II Net Cash per Share Related Terms


Metals Acquisition II Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Metals Acquisition II'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.

Metals Acquisition II Net Cash per Share Chart

Metals Acquisition II Annual Data
Trend Dec25
Net Cash per Share
-0.01

Metals Acquisition II Quarterly Data
Mar26 Jun26
Net Cash per Share -0.29 -0.30

MTAL vs SVIV, AACO, LEGO: Net Cash per Share Comparison

For the Shell Companies subindustry, Metals Acquisition II'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.


Metals Acquisition II Price-to-Net-Cash vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Metals Acquisition II's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Metals Acquisition II's Price-to-Net-Cash falls into.


MTAL
13GF Score
Metals Acquisition Corp II MTAL
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Metals Acquisition II 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.

Metals Acquisition II's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-0.15678170731707-0)/26.666667
=-0.01

Metals Acquisition II's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.3041768292683-11.539702439025-0)/30.666667
=-0.30

* 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 $-0.30 mean?
Metals Acquisition II (MTAL) has a Net Cash per Share of $-0.30 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 Metals Acquisition II and its competitors. According to the industry distribution chart, Metals Acquisition II ranks #999999 out of 166 companies in the Diversified Financial Services industry.
Is Metals Acquisition II's Net Cash per Share too high?
Metals Acquisition II's current Net Cash per Share is $-0.30. Based on the distribution chart, Metals Acquisition II ranks #999999 out of 166 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Metals Acquisition II has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Metals Acquisition II's Net Cash per Share compare to SVIV and AACO?
According to the Diversified Financial Services industry distribution chart, Metals Acquisition II ranks #999999 out of 166 companies for Net Cash per Share. This places Metals Acquisition II in the lower half of its industry. The industry median Net Cash per Share is 2.69. 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 Diversified Financial Services company?
The median Net Cash per Share among Diversified Financial Services companies is 2.69, based on 166 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 Metals Acquisition II and its competitors. For the Diversified Financial Services industry, the median Net Cash per Share is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metals Acquisition II's current Net Cash per Share is $-0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metals Acquisition II stock overvalued right now?
Metals Acquisition II (MTAL) has a current Net Cash per Share of $-0.30. The current Net Cash per Share is $-0.30. Metals Acquisition II's overall GF Score™ is 13/100. 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 Metals Acquisition II (MTAL), the current Net Cash per Share is $-0.30 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.

Metals Acquisition II Business Description

Address c/o Maples Corporate Services Limited, PO Box 309, Ugland House, Grand Cayman, CYM, KY1-1104
Metals Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
13GF Score

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$10.16
Price