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Netmore Group AB (OSTO:NETM B) Net Cash per Share : kr-0.08 (As of Sep. 2023)


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What is Netmore 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). Netmore Group AB's Net Cash per Share for the quarter that ended in Sep. 2023 was kr-0.08.

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

During the past 7 years, the highest Price-to-Net-Cash Ratio of Netmore Group AB was 51.67. The lowest was 7.50. And the median was 12.67.

OSTO:NETM B's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

Netmore Group AB Net Cash per Share Historical Data

The historical data trend for Netmore 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.

Netmore Group AB Net Cash per Share Chart

Netmore Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial -0.66 -0.03 -0.23 0.20 0.03

Netmore Group AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.08 0.03 0.04 -0.02 -0.08

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

For the Telecom Services subindustry, Netmore 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.


Netmore Group AB's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

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

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



Netmore 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.

Netmore Group AB's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(41.294-33.198-0.071)/317.635
=0.03

Netmore Group AB'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)
=(13.586-38.198-0)/317.635
=-0.08

* 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.


Netmore Group AB  (OSTO:NETM 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.


Netmore Group AB Net Cash per Share Related Terms

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Netmore Group AB (OSTO:NETM B) Business Description

Traded in Other Exchanges
N/A
Address
Strandbergsgatan 61, Stockholm, SWE, 112 51
Netmore Group AB provides wireless communication solutions. It offers communication solutions for property owners, businesses, industries and public organizations. The company's services include local area networks, mobile enhancement, antenna, system integration and others.

Netmore Group AB (OSTO:NETM B) Headlines

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