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Karnell Group AB (OSTO:KARNEL B) Net Cash per Share : kr-11.54 (As of Mar. 2024)


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What is Karnell Group AB 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). Karnell Group AB's Net Cash per Share for the quarter that ended in Mar. 2024 was kr-11.54.

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

OSTO:KARNEL B's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.27
* Ranked among companies with meaningful Price-to-Net-Cash only.

Karnell Group AB Net Cash per Share Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB Net Cash per Share Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-3.52 -13.35 -12.17

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Net Cash per Share -3.52 -13.35 - -12.17 -11.54

Competitive Comparison of Karnell Group AB's Net Cash per Share

For the Asset Management subindustry, Karnell Group AB'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.


Karnell Group AB's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Price-to-Net-Cash distribution charts can be found below:

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



Karnell Group AB 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.

Karnell Group AB's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(190.416-825.872-0)/52.2292
=-12.17

Karnell Group AB's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(387.1-983.4-0)/51.671
=-11.54

* 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.


Karnell Group AB  (OSTO:KARNEL B) 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.


Karnell Group AB Net Cash per Share Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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