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RF Acquisition IIIRFAM 13 Net Cash per Share is $0.04 as of Jun. 2026, which is 100% below its 10-year median of 205.34. GuruFocus rates RFAM with a GF Score™ of 13/100. Among 169 Diversified Financial Services companies, RF Acquisition III ranks worse than 89.94% on this metric.
The historical rank and industry rank for RF Acquisition III's Net Cash per Share or its related term are showing as below:
RFAM'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 163.17 Med: 205.34 Max: 247.5
Current: 247.5
During the past 1 years, the highest Price-to-Net-Cash Ratio of RF Acquisition III was 247.50. The lowest was 163.17. And the median was 205.34.
RFAM's Price-to-Net-Cash is ranked worse than 89.94% of 169
companies
in the Diversified Financial Services industry
Industry Median: 2
vs RFAM: 247.50
RF Acquisition III (NAS:RFAM) 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.
RF Acquisition III Net Cash per Share Related Terms
RF Acquisition III Net Cash per Share Historical Data
* Premium members only.
The historical data trend for RF Acquisition III'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.
RF Acquisition III Net Cash per Share Chart
RF Acquisition III Annual Data
Trend
Sep25
Net Cash per Share
0.00
RF Acquisition III Quarterly Data
Sep25
Dec25
Mar26
Jun26
Net Cash per Share
0.00
-0.02
0.06
0.04
RFAM vs XFLH, UAC, FTHA: Net Cash per Share Comparison
For the Shell Companies subindustry, RF Acquisition III'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.
RF Acquisition III Price-to-Net-Cash vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, RF Acquisition III's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where RF Acquisition III's Price-to-Net-Cash falls into.
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.
RF Acquisition III's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as
* 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.
RF Acquisition III (RFAM) has a Net Cash per Share of $0.04 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 RF Acquisition III and its competitors. This is 100% below median its historical median of 205.34. Over the past decade, RF Acquisition III's Net Cash per Share has ranged from 163.17 to 247.50. According to the industry distribution chart, RF Acquisition III ranks #152 out of 169 companies in the Diversified Financial Services industry, placing it in the top 89.9%.
Is RF Acquisition III's Net Cash per Share too high?
RF Acquisition III's current Net Cash per Share of $0.04 is 100% below median its 10-year median of 205.34. Over the past 10 years, this metric has ranged from a low of 163.17 to a high of 247.50. The Diversified Financial Services industry median Net Cash per Share is 2.00. RF Acquisition III's value of $0.04 is 98% below this industry median. Based on the distribution chart, RF Acquisition III ranks #152 out of 169 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, RF Acquisition III has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does RF Acquisition III's Net Cash per Share compare to XFLH and UAC?
According to the Diversified Financial Services industry distribution chart, RF Acquisition III ranks #152 out of 169 companies for Net Cash per Share. This places RF Acquisition III in the lower half of its industry. The industry median Net Cash per Share is 2.00. RF Acquisition III's value of $0.04 is 98% below this benchmark. Historically, RF Acquisition III's own Net Cash per Share has ranged from 163.17 to 247.50 over the past decade. While the company's 10-year median is 205.34 vs. the industry median of 2.00, RF Acquisition III has consistently been below the industry average. 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 Diversified Financial Services company?
The median Net Cash per Share among Diversified Financial Services companies is 2.00, based on 169 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. RF Acquisition III's current Net Cash per Share of $0.04 is 98% below the industry median. 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 RF Acquisition III and its competitors. For the Diversified Financial Services industry, the median Net Cash per Share is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RF Acquisition III's current Net Cash per Share is $0.04, which is 100% below median its own 10-year median of 205.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RF Acquisition III stock overvalued right now?
RF Acquisition III (RFAM) has a current Net Cash per Share of $0.04. The current Net Cash per Share is $0.04, which is 100% below median its 10-year median of 205.34 and 98% below the Diversified Financial Services industry median of 2.00. RF Acquisition III's overall GF Score™ is 13/100. 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 RF Acquisition III (RFAM), the current Net Cash per Share is $0.04 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.
RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.
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