Atari (PONGF) Net Cash per Share: $-36.45 (As of Sep. 2025)

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PONGF Atari SA PONGF
42 GF Score
Price $24.88
GF Value $65.39
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Atari Net Cash per Share?

Atari PONGF 42 Net Cash per Share is $-36.45 as of Sep. 2025. GuruFocus rates PONGF with a GF Score™ of 42/100 and a GF Value™ of $65.39 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 231 Interactive Media companies, Atari ranks worse than 432900% 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). Atari's Net Cash per Share for the quarter that ended in Sep. 2025 was $-36.45.

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

PONGF's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 5.89
* Ranked among companies with meaningful Price-to-Net-Cash only.

Atari  (OTCPK:PONGF) 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.


Atari Net Cash per Share Related Terms


Atari Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Atari'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.

Atari Net Cash per Share Chart

Atari Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.12 -8.87 -27.72 -35.66 0.00

Atari Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -27.72 -30.95 -35.66 -36.45 0.00

PONGF vs NTES, TTWO, RBLX: Net Cash per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Atari'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.


Atari Price-to-Net-Cash vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Atari's Price-to-Net-Cash distribution charts can be found below:

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


PONGF
42GF Score
Atari SA PONGF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atari 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.

Atari's Net Cash per Share for the fiscal year that ended in Mar. 2025 is calculated as

Net Cash per Share (A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.784-85.416-0)/2.289
=-35.66

Atari's Net Cash per Share for the quarter that ended in Sep. 2025 is calculated as

Net Cash per Share (Q: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.399-108.333--1.643)/2.779
=-36.45

* 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 $-36.45 mean?
Atari (PONGF) has a Net Cash per Share of $-36.45 as of Sep. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Atari and its competitors. According to the industry distribution chart, Atari ranks #999999 out of 231 companies in the Interactive Media industry.
Is Atari's Net Cash per Share too high?
Atari's current Net Cash per Share is $-36.45. Based on the distribution chart, Atari ranks #999999 out of 231 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Atari has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Atari's Net Cash per Share compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Atari ranks #999999 out of 231 companies for Net Cash per Share. This places Atari in the lower half of its industry. The industry median Net Cash per Share is 5.89. 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 an Interactive Media company?
The median Net Cash per Share among Interactive Media companies is 5.89, based on 231 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 Atari and its competitors. For the Interactive Media industry, the median Net Cash per Share is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atari's current Net Cash per Share is $-36.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atari stock overvalued right now?
Based on GuruFocus' analysis, Atari (PONGF) is currently considered Possible Value Trap. The stock's GF Value™ is $65.39, compared to a current price of $24.88 — trading 62% below its estimated fair value. The current Net Cash per Share is $-36.45. Atari's overall GF Score™ is 42/100 with 7 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 Atari (PONGF), the current Net Cash per Share is $-36.45 as of Sep. 2025. 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 Atari (PONGF) Overvalued in 2026?

Based on GuruFocus' analysis, Atari stock appears to be undervalued. The current stock price of $24.88 is trading 62% below its estimated GF Value™ of $65.39. GuruFocus considers Atari to be Possible Value Trap.

Key valuation signals for PONGF:

  • Net Cash per Share: $-36.45
  • GF Value™: $65.39 vs. price of $24.88 (62% below fair value)
  • GF Score™: 42/100 with 7 warning signs

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


Atari Business Description

Other Exchanges ALATA:France
Address 54-56, Avenue Hoche, Paris, FRA, 75008
Atari SA is in the electronic gaming and multimedia business sector. It is engaged in the design, production, publishing, and distribution of all multimedia and audiovisual products and works, including entertainment products in any form, such as software, data processing, and content. It owns and manages a portfolio of more than four hundred special games and franchises, including world-renowned brands like Pong, Breakout, Asteroids, Missile Command, Centipede, and RollerCoaster Tycoon. Atari provides various types of gaming, which include mobile and online arcade games such as roller coaster tycoon, haunted house, pong world, circus Atari, centipede, breakout, and others. The group has three lines of business: Games, which generates maximum revenue, Hardware, and Licensing.
42GF Score

Get the complete analysis for PONGF

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

$24.88
Price
$65.39
GF Value