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Sparc AISPAIF -13.87%29 Net Cash per Share is $0.10 as of Mar. 2026. GuruFocus rates SPAIF with a GF Score™ of 29/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 859 Software companies, Sparc AI ranks worse than 77.88% on this metric.
Sparc AI (OTCPK:SPAIF) 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.
Sparc AI Net Cash per Share Related Terms
Sparc AI Net Cash per Share Historical Data
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The historical data trend for Sparc 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.
SPAIF vs QH, SHOP, UBER: Net Cash per Share Comparison
For the Software - Application subindustry, Sparc 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.
Sparc AI Price-to-Net-Cash vs Software Industry
For the Software industry and Technology sector, Sparc AI's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Sparc 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.
Sparc 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.
Sparc AI (SPAIF) has a Net Cash per Share of $0.10 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sparc AI and its competitors. According to the industry distribution chart, Sparc AI ranks #669 out of 859 companies in the Software industry, placing it in the top 77.9%.
Is Sparc AI's Net Cash per Share too high?
Sparc AI's current Net Cash per Share is $0.10. The Software industry median Net Cash per Share is 7.90. Sparc AI's value of $0.10 is 98.7% below this industry median. Based on the distribution chart, Sparc AI ranks #669 out of 859 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Sparc AI has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sparc AI's Net Cash per Share compare to QH and SHOP?
According to the Software industry distribution chart, Sparc AI ranks #669 out of 859 companies for Net Cash per Share. This places Sparc AI in the lower half of its industry. The industry median Net Cash per Share is 7.90. Sparc AI's value of $0.10 is 98.7% 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 Software company?
The median Net Cash per Share among Software companies is 7.90, based on 859 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. Sparc AI's current Net Cash per Share of $0.10 is 98.7% 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 Sparc AI and its competitors. For the Software industry, the median Net Cash per Share is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sparc AI's current Net Cash per Share is $0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sparc AI stock overvalued right now?
Based on GuruFocus' analysis, Sparc AI (SPAIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $2.05 — trading 1950% above its estimated fair value. The current Net Cash per Share is $0.10 and 98.7% below the Software industry median of 7.90. Sparc AI's overall GF Score™ is 29/100 with 1 warning sign 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 Sparc AI (SPAIF), the current Net Cash per Share is $0.10 as of Mar. 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 Sparc AI (SPAIF) Overvalued in 2026?
Based on GuruFocus' analysis, Sparc AI stock appears to be overvalued.
The current stock price of $2.05 is trading 1950% above its estimated GF Value™ of $0.10.
GuruFocus considers Sparc AI to be Significantly Overvalued.
Key valuation signals for SPAIF:
Net Cash per Share: $0.10
GF Value™: $0.10 vs. price of $2.05 (1950% above fair value)
Industry Position: 98.7% below the Software median (#669 of 859)
No single metric tells the full story. See the SPAIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sparc AI Inc is a software and electronics engineering company that has developed, patented, and commercialized a spatial technology, spatial, predictive, approximation, and radial convolution (SPARC) and an associated product suite that turns sensors, cameras, and smartphones (fixed, mobile, airborne, portable, or handheld) into geo-target coordinate acquisition devices. The company has also developed IIoT sensor hardware and associated cloud software as a second pillar within its product offering. It's Cloud is a next-generation cloud platform that provides a secure and centralized environment where customers can manage their EYEfi product deployments and applications. It has one segment, software development for geospatial targeting.
29GF Score
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