NPCE (NeuroPace) Net Cash per Share: $-0.97 (As of Jun. 2026)

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NPCE NeuroPace Inc NPCE
67 GF Score
Price $14.64
GF Value $12.60
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is NeuroPace Net Cash per Share?

NeuroPace NPCE +1.24% 67 Net Cash per Share is $-0.97 as of Jun. 2026. GuruFocus rates NPCE with a GF Score™ of 67/100 and a GF Value™ of $12.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 299 Medical Devices & Instruments companies, NeuroPace ranks worse than 334447.83% 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). NeuroPace's Net Cash per Share for the quarter that ended in Jun. 2026 was $-0.97.

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

During the past 7 years, the highest Price-to-Net-Cash Ratio of NeuroPace was 11.03. The lowest was 4.44. And the median was 5.75.

NPCE's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 9.48
* Ranked among companies with meaningful Price-to-Net-Cash only.

NeuroPace  (NAS:NPCE) 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.


NeuroPace Net Cash per Share Related Terms


NeuroPace Net Cash per Share Historical Data

* Premium members only.

The historical data trend for NeuroPace'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.

NeuroPace Net Cash per Share Chart

NeuroPace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial 2.27 -0.08 -0.74 -1.12 -0.76

NeuroPace Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.74 -0.86 -0.76 -0.90 -0.97

NPCE vs KIDS, VREX, OFIX: Net Cash per Share Comparison

For the Medical Devices subindustry, NeuroPace'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.


NeuroPace Price-to-Net-Cash vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, NeuroPace's Price-to-Net-Cash distribution charts can be found below:

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


NPCE
67GF Score
NeuroPace Inc NPCE
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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NeuroPace 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.

NeuroPace'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)
=(61.058-86.534-0)/33.575
=-0.76

NeuroPace'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)
=(51.699-85.108-0)/34.283
=-0.97

* 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 $-0.97 mean?
NeuroPace (NPCE) has a Net Cash per Share of $-0.97 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 NeuroPace and its competitors. Over the past decade, NeuroPace's Net Cash per Share has ranged from 4.44 to 11.03. According to the industry distribution chart, NeuroPace ranks #999999 out of 299 companies in the Medical Devices & Instruments industry.
Is NeuroPace's Net Cash per Share too high?
NeuroPace's current Net Cash per Share is $-0.97. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 11.03. Based on the distribution chart, NeuroPace ranks #999999 out of 299 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, NeuroPace has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NeuroPace's Net Cash per Share compare to KIDS and VREX?
According to the Medical Devices & Instruments industry distribution chart, NeuroPace ranks #999999 out of 299 companies for Net Cash per Share. This places NeuroPace in the lower half of its industry. The industry median Net Cash per Share is 9.48. Historically, NeuroPace's own Net Cash per Share has ranged from 4.44 to 11.03 over the past decade. 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 Medical Devices & Instruments company?
The median Net Cash per Share among Medical Devices & Instruments companies is 9.48, based on 299 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 NeuroPace and its competitors. For the Medical Devices & Instruments industry, the median Net Cash per Share is 9.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeuroPace's current Net Cash per Share is $-0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeuroPace stock overvalued right now?
Based on GuruFocus' analysis, NeuroPace (NPCE) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.60, compared to a current price of $14.64 — trading 16.2% above its estimated fair value. The current Net Cash per Share is $-0.97. NeuroPace's overall GF Score™ is 67/100 with 3 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 NeuroPace (NPCE), the current Net Cash per Share is $-0.97 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.

Is NeuroPace (NPCE) Overvalued in 2026?

Based on GuruFocus' analysis, NeuroPace stock appears to be overvalued. The current stock price of $14.64 is trading 16.2% above its estimated GF Value™ of $12.60. GuruFocus considers NeuroPace to be Modestly Overvalued.

Key valuation signals for NPCE:

  • Net Cash per Share: $-0.97
  • GF Value™: $12.60 vs. price of $14.64 (16.2% above fair value)
  • GF Score™: 67/100 with 3 warning signs

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


NeuroPace Business Description

Address 455 N. Bernardo Avenue, Mountain View, CA, USA, 94043
NeuroPace Inc is a medical device company focused on transforming the lives of people living with epilepsy by reducing or eliminating the occurrence of seizures. The company offers the RNS System, a brain-responsive neuromodulation system that continuously monitors and analyzes the brain's electrical activity and delivers personalized, real-time electrical pulses at the seizure source to prevent seizures. The RNS System includes the RNS neurostimulator, cortical strip leads, depth leads, a Patient Remote Monitor, and other implantable and non-implantable accessories used during implant procedures. The company also provides the Physician Tablet, Patient Data Management System, and the nSight Platform to facilitate ongoing patient monitoring and support clinicians in managing patient care.
67GF Score

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

$14.64
Price
$12.60
GF Value