Snap (SNAP) Net Cash per Share: $-1.71 (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.

SNAP Snap Inc SNAP
66 GF Score
Price $5.41
GF Value $11.76
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Snap Net Cash per Share?

Snap SNAP +2.08% 66 Net Cash per Share is $-1.71 as of Jun. 2026. GuruFocus rates SNAP with a GF Score™ of 66/100 and a GF Value™ of $11.76 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 234 Interactive Media companies, Snap ranks worse than 427350% 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). Snap's Net Cash per Share for the quarter that ended in Jun. 2026 was $-1.71.

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

During the past 11 years, the highest Price-to-Net-Cash Ratio of Snap was 373.00. The lowest was 8.35. And the median was 13.92.

SNAP's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 5.625
* Ranked among companies with meaningful Price-to-Net-Cash only.

Snap  (NYSE:SNAP) 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.


Snap Net Cash per Share Related Terms


Snap Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Snap'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.

Snap Net Cash per Share Chart

Snap Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.96 -1.22 -1.25 -1.43

Snap 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 -1.45 -1.38 -1.43 -1.53 -1.71

SNAP vs BILI, ZG, BZ: Net Cash per Share Comparison

For the Internet Content & Information subindustry, Snap'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.


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

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

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


SNAP
66GF Score
Snap Inc SNAP
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap 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.

Snap'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)
=(2940.572-5396.307-0)/1711.554
=-1.43

Snap'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)
=(2659.758-5543.072-0)/1682.281
=-1.71

* 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 $-1.71 mean?
Snap (SNAP) has a Net Cash per Share of $-1.71 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 Snap and its competitors. Over the past decade, Snap's Net Cash per Share has ranged from 8.35 to 373.00. According to the industry distribution chart, Snap ranks #999999 out of 234 companies in the Interactive Media industry.
Is Snap's Net Cash per Share too high?
Snap's current Net Cash per Share is $-1.71. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 373.00. Based on the distribution chart, Snap ranks #999999 out of 234 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Snap has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's Net Cash per Share compare to BILI and ZG?
According to the Interactive Media industry distribution chart, Snap ranks #999999 out of 234 companies for Net Cash per Share. This places Snap in the lower half of its industry. The industry median Net Cash per Share is 5.63. Historically, Snap's own Net Cash per Share has ranged from 8.35 to 373.00 over the past decade. 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 5.63, based on 234 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 Snap and its competitors. For the Interactive Media industry, the median Net Cash per Share is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snap's current Net Cash per Share is $-1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is $11.76, compared to a current price of $5.41 — trading 54% below its estimated fair value. The current Net Cash per Share is $-1.71. Snap's overall GF Score™ is 66/100 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 Snap (SNAP), the current Net Cash per Share is $-1.71 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 Snap (SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of $5.41 is trading 54% below its estimated GF Value™ of $11.76. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for SNAP:

  • Net Cash per Share: $-1.71
  • GF Value™: $11.76 vs. price of $5.41 (54% below fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
66GF Score

Get the complete analysis for SNAP

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

$5.41
Price
$11.76
GF Value