Synoptics Technologies (NSE:SYNOPTICS) Net Cash per Share : ₹-26.38 (As of Mar. 2022)

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What is Synoptics Technologies 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). Synoptics Technologies's Net Cash per Share for the quarter that ended in Mar. 2022 was ₹-26.38.

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

NSE:SYNOPTICS's Price-to-Net-Cash is not ranked ^*
in the Software industry.
Industry Median: 8.05
* Ranked among companies with meaningful Price-to-Net-Cash only.

Synoptics Technologies Net Cash per Share Historical Data

The historical data trend for Synoptics Technologies'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.

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Synoptics Technologies Net Cash per Share Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Net Cash per Share

-21.56

-26.38

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Net Cash per Share	-21.56	-26.38	-26.38

Competitive Comparison of Synoptics Technologies's Net Cash per Share

For the Information Technology Services subindustry, Synoptics Technologies'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.

Synoptics Technologies's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Synoptics Technologies's Price-to-Net-Cash distribution charts can be found below:

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

Synoptics Technologies 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.

Synoptics Technologies'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)
=	(16.568	-	240.295	-	0)	/	8.480
=	-26.38

Synoptics Technologies's Net Cash per Share for the quarter that ended in Mar. 2022 is calculated as

	Net Cash per Share (Q: Mar. 2022 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(16.568	-	240.295	-	0)	/	8.480
=	-26.38

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies Net Cash per Share Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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