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SES AISES -0.50%34 Net Cash per Share is $0.31 as of Jun. 2026. GuruFocus rates SES with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 166 Vehicles & Parts companies, SES AI ranks better than 91.57% on this metric.
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.
SES AI Net Cash per Share Related Terms
SES AI Net Cash per Share Historical Data
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The historical data trend for SES AI'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.
SES vs SRI, MPAA, CAAS: Net Cash per Share Comparison
For the Auto Parts subindustry, SES AI'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.
SES AI Price-to-Net-Cash vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SES AI's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where SES AI'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.
SES AI's Net Cash per Share for the fiscal year that ended in Dec. 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.
SES AI (SES) has a Net Cash per Share of $0.31 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 SES AI and its competitors. According to the industry distribution chart, SES AI ranks #14 out of 166 companies in the Vehicles & Parts industry, placing it in the top 8.4%.
Is SES AI's Net Cash per Share too high?
SES AI's current Net Cash per Share is $0.31. The Vehicles & Parts industry median Net Cash per Share is 8.71. SES AI's value of $0.31 is 96.4% below this industry median. Based on the distribution chart, SES AI ranks #14 out of 166 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SES AI has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does SES AI's Net Cash per Share compare to SRI and MPAA?
According to the Vehicles & Parts industry distribution chart, SES AI ranks #14 out of 166 companies for Net Cash per Share. This places SES AI in the top 8% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 8.71. SES AI's value of $0.31 is 96.4% below this benchmark. 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 Vehicles & Parts company?
The median Net Cash per Share among Vehicles & Parts companies is 8.71, based on 166 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. SES AI's current Net Cash per Share of $0.31 is 96.4% 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 SES AI and its competitors. For the Vehicles & Parts industry, the median Net Cash per Share is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SES AI's current Net Cash per Share is $0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SES AI stock overvalued right now?
SES AI (SES) has a current Net Cash per Share of $0.31. The current Net Cash per Share is $0.31 and 96.4% below the Vehicles & Parts industry median of 8.71. SES AI's overall GF Score™ is 34/100 with 3 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 SES AI (SES), the current Net Cash per Share is $0.31 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.
SES AI Corp is a developer and manufacturer of rechargeable battery technologies and battery materials for Energy Storage Systems (ESS), Urban Air Mobility (UAM), drones, robotics, electric vehicles (EVs), and other applications. For Enery Storage Systems, the company supplies hardware and software solutions with battery health and safety management software powered by its AI-based platform, Molecular Universe. Additionally, it offers battery materials and high-energy and power-density Li-Metal and Li-ion cells, which can be used for drones, UAM, robotics, and EV applications. The company also offers access to Molecular Universe as a software product. Currently, it generates maximum revenue from the development of Li-ion and Li-Metal battery materials as per the client's specifications.
34GF Score
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