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The historical rank and industry rank for Thoresen Thai Agencies PCL's Net Cash per Share or its related term are showing as below:
THAFF's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 9.58 * Ranked among companies with meaningful Price-to-Net-Cash only.
Thoresen Thai Agencies PCL (OTCPK:THAFF) 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.
Thoresen Thai Agencies PCL Net Cash per Share Related Terms
Thoresen Thai Agencies PCL Net Cash per Share Historical Data
* 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.
Thoresen Thai Agencies PCL Net Cash per Share Chart
For the Conglomerates subindustry, Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL Price-to-Net-Cash vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL's Price-to-Net-Cash falls into.
Thoresen Thai Agencies PCL 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.
Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCL (THAFF) has a Net Cash per Share of $-0.22 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 Thoresen Thai Agencies PCL and its competitors. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #999999 out of 55 companies in the Conglomerates industry.
Is Thoresen Thai Agencies PCL's Net Cash per Share too high?
Thoresen Thai Agencies PCL's current Net Cash per Share is $-0.22. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #999999 out of 55 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Net Cash per Share compare to MMM and HON?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #999999 out of 55 companies for Net Cash per Share. This places Thoresen Thai Agencies PCL in the lower half of its industry. The industry median Net Cash per Share is 9.58. 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 Conglomerates company?
The median Net Cash per Share among Conglomerates companies is 9.58, based on 55 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median Net Cash per Share is 9.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Net Cash per Share is $-0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Net Cash per Share of $-0.22. The stock's GF Value™ is $0.17, compared to a current price of $0.20 — trading 17.6% above its estimated fair value. The current Net Cash per Share is $-0.22. Thoresen Thai Agencies PCL's overall GF Score™ is 72/100 with 10 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 Thoresen Thai Agencies PCL (THAFF), the current Net Cash per Share is $-0.22 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be overvalued.
The current stock price of $0.20 is trading 17.6% above its estimated GF Value™ of $0.17.
Key valuation signals for THAFF:
Net Cash per Share: $-0.22
GF Value™: $0.17 vs. price of $0.20 (17.6% above fair value)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
72GF Score
Get the complete analysis for THAFF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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