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Surge Components (OTCPK:SPRS) 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.
Surge Components Net Cash per Share Related Terms
Surge Components Net Cash per Share Historical Data
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The historical data trend for Surge Components'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.
SPRS vs TAIT, IZM, SNX: Net Cash per Share Comparison
For the Electronics & Computer Distribution subindustry, Surge Components'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.
Surge Components Price-to-Net-Cash vs Hardware Industry
For the Hardware industry and Technology sector, Surge Components's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Surge Components'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.
Surge Components's Net Cash per Share for the fiscal year that ended in Nov. 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.
Surge Components (SPRS) has a Net Cash per Share of $1.47 as of May. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Surge Components and its competitors. According to the industry distribution chart, Surge Components ranks #101 out of 582 companies in the Hardware industry, placing it in the top 17.4%.
Is Surge Components' Net Cash per Share too high?
Surge Components' current Net Cash per Share is $1.47. The Hardware industry median Net Cash per Share is 10.01. Surge Components' value of $1.47 is 85.3% below this industry median. Based on the distribution chart, Surge Components ranks #101 out of 582 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Surge Components has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surge Components' Net Cash per Share compare to TAIT and IZM?
According to the Hardware industry distribution chart, Surge Components ranks #101 out of 582 companies for Net Cash per Share. This places Surge Components in the top 17% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 10.01. Surge Components' value of $1.47 is 85.3% 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 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. Surge Components's current Net Cash per Share of $1.47 is 85.3% 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 Surge Components 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. Surge Components's current Net Cash per Share is $1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Components stock overvalued right now?
Based on GuruFocus' analysis, Surge Components (SPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.69, compared to a current price of $4.00 — trading 48.7% above its estimated fair value. The current Net Cash per Share is $1.47 and 85.3% below the Hardware industry median of 10.01. Surge Components' overall GF Score™ is 55/100 with 5 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 Surge Components (SPRS), the current Net Cash per Share is $1.47 as of May. 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 Surge Components (SPRS) Overvalued in 2026?
Based on GuruFocus' analysis, Surge Components stock appears to be overvalued.
The current stock price of $4.00 is trading 48.7% above its estimated GF Value™ of $2.69.
GuruFocus considers Surge Components to be Significantly Overvalued.
Key valuation signals for SPRS:
Net Cash per Share: $1.47
GF Value™: $2.69 vs. price of $4.00 (48.7% above fair value)
Industry Position: 85.3% below the Hardware median (#101 of 582)
No single metric tells the full story. See the SPRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, switches, transistors, voltage suppressors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies, and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
55GF Score
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