OMEX (Odyssey Marine Exploration) Net Cash per Share: $-0.90 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OMEX Odyssey Marine Exploration Inc OMEX
14 GF Score
Price $0.75
GF Value $0.18
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Odyssey Marine Exploration Net Cash per Share?

Odyssey Marine Exploration OMEX +0.30% 14 Net Cash per Share is $-0.90 as of Jun. 2026. GuruFocus rates OMEX with a GF Score™ of 14/100 and a GF Value™ of $0.18 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,090 Metals & Mining companies, Odyssey Marine Exploration ranks worse than 91743.03% 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). Odyssey Marine Exploration's Net Cash per Share for the quarter that ended in Jun. 2026 was $-0.90.

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

OMEX's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.425
* Ranked among companies with meaningful Price-to-Net-Cash only.

Odyssey Marine Exploration  (NAS:OMEX) 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.


Odyssey Marine Exploration Net Cash per Share Related Terms


Odyssey Marine Exploration Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Net Cash per Share Chart

Odyssey Marine Exploration Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.28 -2.91 -2.51 -1.04 -0.86

Odyssey Marine Exploration 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 -2.03 -1.14 -0.86 -0.75 -0.90

OMEX vs FNUC, WWR, BLTH: Net Cash per Share Comparison

For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration Price-to-Net-Cash vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Price-to-Net-Cash distribution charts can be found below:

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


OMEX
14GF Score
Odyssey Marine Exploration Inc OMEX
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odyssey Marine Exploration 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.

Odyssey Marine Exploration'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)
=(3.516-91.385--37.896)/58.369
=-0.86

Odyssey Marine Exploration'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)
=(2.348-93.162--38.185)/58.691
=-0.90

* 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 $-0.90 mean?
Odyssey Marine Exploration (OMEX) has a Net Cash per Share of $-0.90 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 Odyssey Marine Exploration and its competitors. According to the industry distribution chart, Odyssey Marine Exploration ranks #999999 out of 1090 companies in the Metals & Mining industry.
Is Odyssey Marine Exploration's Net Cash per Share too high?
Odyssey Marine Exploration's current Net Cash per Share is $-0.90. Based on the distribution chart, Odyssey Marine Exploration ranks #999999 out of 1090 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's Net Cash per Share compare to FNUC and WWR?
According to the Metals & Mining industry distribution chart, Odyssey Marine Exploration ranks #999999 out of 1090 companies for Net Cash per Share. This places Odyssey Marine Exploration in the lower half of its industry. The industry median Net Cash per Share is 7.43. 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 Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.43, based on 1,090 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 Odyssey Marine Exploration and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odyssey Marine Exploration's current Net Cash per Share is $-0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.18, compared to a current price of $0.75 — trading 313.9% above its estimated fair value. The current Net Cash per Share is $-0.90. Odyssey Marine Exploration's overall GF Score™ is 14/100 with 6 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 Odyssey Marine Exploration (OMEX), the current Net Cash per Share is $-0.90 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued. The current stock price of $0.75 is trading 313.9% above its estimated GF Value™ of $0.18. GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.

Key valuation signals for OMEX:

  • Net Cash per Share: $-0.90
  • GF Value™: $0.18 vs. price of $0.75 (313.9% above fair value)
  • GF Score™: 14/100 with 6 warning signs

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


Odyssey Marine Exploration Business Description

Other Exchanges OYM1:Germany
Address 205 S. Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
14GF Score

Get the complete analysis for OMEX

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

$0.75
Price
$0.18
GF Value