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Accord Synergy (NSE:ACCORD) Net Cash per Share : ₹0.89 (As of Mar. 2023)


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What is Accord Synergy Net Cash per Share?

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). Accord Synergy's Net Cash per Share for the quarter that ended in Mar. 2023 was ₹0.89.

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

NSE:ACCORD' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.69   Med: 12.93   Max: 30.79
Current: 29.27

During the past 9 years, the highest Price-to-Net-Cash Ratio of Accord Synergy was 30.79. The lowest was 1.69. And the median was 12.93.

NSE:ACCORD's Price-to-Net-Cash is ranked worse than
79.49% of 39 companies
in the Telecommunication Services industry
Industry Median: 9.23 vs NSE:ACCORD: 29.27

Accord Synergy Net Cash per Share Historical Data

The historical data trend for Accord Synergy'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.

* Premium members only.

Accord Synergy Net Cash per Share Chart

Accord Synergy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -60.28 -47.24 -3.02 14.24 0.89

Accord Synergy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 -3.02 4.84 14.24 15.83 0.89

Competitive Comparison of Accord Synergy's Net Cash per Share

For the Telecom Services subindustry, Accord Synergy'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.


Accord Synergy's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's Price-to-Net-Cash distribution charts can be found below:

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



Accord Synergy 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.

Accord Synergy's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(31.733-28.652-0)/3.472
=0.89

Accord Synergy's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(31.733-28.652-0)/3.472
=0.89

* 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.


Accord Synergy  (NSE:ACCORD) 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.


Accord Synergy Net Cash per Share Related Terms

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Accord Synergy (NSE:ACCORD) Business Description

Traded in Other Exchanges
N/A
Address
302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007
Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

Accord Synergy (NSE:ACCORD) Headlines

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