SMOPF (Smartoptics Group ASA) Net Cash per Share: $-0.37 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SMOPF Smartoptics Group ASA SMOPF
88 GF Score
Price $5.53
GF Value $3.24
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Smartoptics Group ASA Net Cash per Share?

Smartoptics Group ASA SMOPF +0.91% 88 Net Cash per Share is $-0.37 as of Jun. 2026. GuruFocus rates SMOPF with a GF Score™ of 88/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 582 Hardware companies, Smartoptics Group ASA ranks worse than 171821.13% 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). Smartoptics Group ASA's Net Cash per Share for the quarter that ended in Jun. 2026 was $-0.37.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Smartoptics Group ASA was 490.00. The lowest was 490.00. And the median was 490.00.

SMOPF's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 10.01
* Ranked among companies with meaningful Price-to-Net-Cash only.

Smartoptics Group ASA  (OTCPK:SMOPF) 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.


Smartoptics Group ASA Net Cash per Share Related Terms


Smartoptics Group ASA Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Smartoptics Group ASA'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.

Smartoptics Group ASA Net Cash per Share Chart

Smartoptics Group ASA Annual Data
Trend Dec08 Dec09 Dec10 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.12 -0.10 -0.13 -0.19

Smartoptics Group ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.21 -0.22 -0.19 -0.17 -0.37

SMOPF vs CSCO, MSI, LITE: Net Cash per Share Comparison

For the Communication Equipment subindustry, Smartoptics Group ASA'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.


Smartoptics Group ASA Price-to-Net-Cash vs Hardware Industry

For the Hardware industry and Technology sector, Smartoptics Group ASA's Price-to-Net-Cash distribution charts can be found below:

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


SMOPF
88GF Score
Smartoptics Group ASA SMOPF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smartoptics Group ASA 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.

Smartoptics Group ASA's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7.337-25.85-0)/98.045518
=-0.19

Smartoptics Group ASA's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.14-38.694-0)/98.045518
=-0.37

* 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 $-0.37 mean?
Smartoptics Group ASA (SMOPF) has a Net Cash per Share of $-0.37 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 Smartoptics Group ASA and its competitors. According to the industry distribution chart, Smartoptics Group ASA ranks #999999 out of 582 companies in the Hardware industry.
Is Smartoptics Group ASA's Net Cash per Share too high?
Smartoptics Group ASA's current Net Cash per Share is $-0.37. Based on the distribution chart, Smartoptics Group ASA ranks #999999 out of 582 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Smartoptics Group ASA has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's Net Cash per Share compare to CSCO and MSI?
According to the Hardware industry distribution chart, Smartoptics Group ASA ranks #999999 out of 582 companies for Net Cash per Share. This places Smartoptics Group ASA in the lower half of its industry. The industry median Net Cash per Share is 10.01. 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 Hardware company?
The median Net Cash per Share among Hardware companies is 10.01, based on 582 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 Smartoptics Group ASA and its competitors. For the Hardware industry, the median Net Cash per Share is 10.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current Net Cash per Share is $-0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $5.53 — trading 70.5% above its estimated fair value. The current Net Cash per Share is $-0.37. Smartoptics Group ASA's overall GF Score™ is 88/100 with 2 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 Smartoptics Group ASA (SMOPF), the current Net Cash per Share is $-0.37 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.

Is Smartoptics Group ASA (SMOPF) Overvalued in 2026?

Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued. The current stock price of $5.53 is trading 70.5% above its estimated GF Value™ of $3.24. GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.

Key valuation signals for SMOPF:

  • Net Cash per Share: $-0.37
  • GF Value™: $3.24 vs. price of $5.53 (70.5% above fair value)
  • GF Score™: 88/100 with 2 warning signs

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


Smartoptics Group ASA Business Description

Address Brynsalleen 2, Oslo, NOR, 0667
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
88GF Score

Get the complete analysis for SMOPF

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

$5.53
Price
$3.24
GF Value