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Terna SpATERRF 89 Net Cash per Share is $-11.25 as of Jun. 2026. GuruFocus rates TERRF with a GF Score™ of 89/100 and a GF Value™ of $11.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 38 Utilities - Regulated companies, Terna SpA ranks worse than 2631576.32% on this metric.
The historical rank and industry rank for Terna SpA's Net Cash per Share or its related term are showing as below:
TERRF's Price-to-Net-Cash is not ranked *
in the Utilities - Regulated industry.
Industry Median: 5.23 * Ranked among companies with meaningful Price-to-Net-Cash only.
Terna SpA (OTCPK:TERRF) 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.
Terna SpA Net Cash per Share Related Terms
Terna SpA Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Terna SpA'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.
TERRF vs NEE, SO, DUK: Net Cash per Share Comparison
For the Utilities - Regulated Electric subindustry, Terna SpA'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.
Terna SpA Price-to-Net-Cash vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Terna SpA's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Terna SpA'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.
Terna SpA'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.
Terna SpA (TERRF) has a Net Cash per Share of $-11.25 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 Terna SpA and its competitors. According to the industry distribution chart, Terna SpA ranks #999999 out of 38 companies in the Utilities - Regulated industry.
Is Terna SpA's Net Cash per Share too high?
Terna SpA's current Net Cash per Share is $-11.25. Based on the distribution chart, Terna SpA ranks #999999 out of 38 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Terna SpA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Net Cash per Share compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #999999 out of 38 companies for Net Cash per Share. This places Terna SpA in the lower half of its industry. The industry median Net Cash per Share is 5.23. 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 Utilities - Regulated company?
The median Net Cash per Share among Utilities - Regulated companies is 5.23, based on 38 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 Terna SpA and its competitors. For the Utilities - Regulated industry, the median Net Cash per Share is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current Net Cash per Share is $-11.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (TERRF) is currently considered Fairly Valued. The stock's GF Value™ is $11.41, compared to a current price of $10.95 — trading 4% below its estimated fair value. The current Net Cash per Share is $-11.25. Terna SpA's overall GF Score™ is 89/100 with 3 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 Terna SpA (TERRF), the current Net Cash per Share is $-11.25 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 Terna SpA (TERRF) Overvalued in 2026?
Based on GuruFocus' analysis, Terna SpA stock appears to be undervalued.
The current stock price of $10.95 is trading 4% below its estimated GF Value™ of $11.41.
GuruFocus considers Terna SpA to be Fairly Valued.
Key valuation signals for TERRF:
Net Cash per Share: $-11.25
GF Value™: $11.41 vs. price of $10.95 (4% below fair value)
No single metric tells the full story. See the TERRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
89GF Score
Get the complete analysis for TERRF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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