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Singapore ExchangeSPXCF +0.77%91 Net Cash per Share is $0.04 as of Jun. 2026, which is 100% below its 10-year median of 481.60. GuruFocus rates SPXCF with a GF Score™ of 91/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 219 Capital Markets companies, Singapore Exchange ranks worse than 98.17% on this metric.
Singapore Exchange (OTCPK:SPXCF) 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.
Singapore Exchange Net Cash per Share Related Terms
Singapore Exchange Net Cash per Share Historical Data
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The historical data trend for Singapore Exchange'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.
SPXCF vs SPGI, CME, ICE: Net Cash per Share Comparison
For the Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.
Singapore Exchange Price-to-Net-Cash vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Singapore Exchange's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Singapore Exchange'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.
Singapore Exchange's Net Cash per Share for the fiscal year that ended in Jun. 2026 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.
Singapore Exchange (SPXCF) has a Net Cash per Share of $0.04 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 Singapore Exchange and its competitors. This is 100% below median its historical median of 481.60. Over the past decade, Singapore Exchange's Net Cash per Share has ranged from 481.60 to 497.80. According to the industry distribution chart, Singapore Exchange ranks #215 out of 219 companies in the Capital Markets industry, placing it in the top 98.2%.
Is Singapore Exchange's Net Cash per Share too high?
Singapore Exchange's current Net Cash per Share of $0.04 is 100% below median its 10-year median of 481.60. Over the past 10 years, this metric has ranged from a low of 481.60 to a high of 497.80. The Capital Markets industry median Net Cash per Share is 5.64. Singapore Exchange's value of $0.04 is 99.3% below this industry median. Based on the distribution chart, Singapore Exchange ranks #215 out of 219 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Singapore Exchange has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Exchange's Net Cash per Share compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Singapore Exchange ranks #215 out of 219 companies for Net Cash per Share. This places Singapore Exchange in the lower half of its industry. The industry median Net Cash per Share is 5.64. Singapore Exchange's value of $0.04 is 99.3% below this benchmark. Historically, Singapore Exchange's own Net Cash per Share has ranged from 481.60 to 497.80 over the past decade. While the company's 10-year median is 481.60 vs. the industry median of 5.64, Singapore Exchange has consistently been below the industry average. 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 Capital Markets company?
The median Net Cash per Share among Capital Markets companies is 5.64, based on 219 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. Singapore Exchange's current Net Cash per Share of $0.04 is 99.3% 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 Singapore Exchange and its competitors. For the Capital Markets industry, the median Net Cash per Share is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Exchange's current Net Cash per Share is $0.04, which is 100% below median its own 10-year median of 481.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Exchange stock overvalued right now?
Based on GuruFocus' analysis, Singapore Exchange (SPXCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $19.70 — trading 51.5% above its estimated fair value. The current Net Cash per Share is $0.04, which is 100% below median its 10-year median of 481.60 and 99.3% below the Capital Markets industry median of 5.64. Singapore Exchange's overall GF Score™ is 91/100 with 4 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 Singapore Exchange (SPXCF), the current Net Cash per Share is $0.04 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 Singapore Exchange (SPXCF) Overvalued in 2026?
Based on GuruFocus' analysis, Singapore Exchange stock appears to be overvalued.
The current stock price of $19.70 is trading 51.5% above its estimated GF Value™ of $13.00.
GuruFocus considers Singapore Exchange to be Significantly Overvalued.
Key valuation signals for SPXCF:
Net Cash per Share: $0.04 (100% below median its 10-year median of 481.60)
GF Value™: $13.00 vs. price of $19.70 (51.5% above fair value)
Industry Position: 99.3% below the Capital Markets median (#215 of 219)
No single metric tells the full story. See the SPXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Singapore Exchange is a vertically integrated securities exchange business, offering listing-, data-, trading-, clearing- and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures.
91GF Score
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