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Pattech Fitwell Tube Components (NSE:PATTECH) Net Cash per Share : ₹-15.74 (As of Sep. 2023)


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What is Pattech Fitwell Tube Components 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). Pattech Fitwell Tube Components's Net Cash per Share for the quarter that ended in Sep. 2023 was ₹-15.74.

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

NSE:PATTECH's Price-to-Net-Cash is not ranked *
in the Steel industry.
Industry Median: 7.94
* Ranked among companies with meaningful Price-to-Net-Cash only.

Pattech Fitwell Tube Components Net Cash per Share Historical Data

The historical data trend for Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components Net Cash per Share Chart

Pattech Fitwell Tube Components Annual Data
Trend Mar20 Mar21 Mar22
Net Cash per Share
-12.41 -13.73 -25.36

Pattech Fitwell Tube Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
Net Cash per Share -12.41 -13.73 -25.36 -15.74

Competitive Comparison of Pattech Fitwell Tube Components's Net Cash per Share

For the Steel subindustry, Pattech Fitwell Tube Components'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.


Pattech Fitwell Tube Components's Price-to-Net-Cash Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Price-to-Net-Cash falls into.



Pattech Fitwell Tube Components 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.

Pattech Fitwell Tube Components's Net Cash per Share for the fiscal year that ended in Mar. 2022 is calculated as

Net Cash per Share (A: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.049-196.732-0)/7.757
=-25.36

Pattech Fitwell Tube Components's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.27-124.4-0)/7.75719
=-15.74

* 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.


Pattech Fitwell Tube Components  (NSE:PATTECH) 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.


Pattech Fitwell Tube Components Net Cash per Share Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Traded in Other Exchanges
N/A
Address
Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

Pattech Fitwell Tube Components (NSE:PATTECH) Headlines

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