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The historical rank and industry rank for Tongcheng Travel Holdings's Net Cash per Share or its related term are showing as below:
During the past 11 years, the highest Price-to-Net-Cash Ratio of Tongcheng Travel Holdings was 120.40. The lowest was 15.84. And the median was 32.05.
TNGCF's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.115 * Ranked among companies with meaningful Price-to-Net-Cash only.
Tongcheng Travel Holdings (OTCPK:TNGCF) 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.
Tongcheng Travel Holdings Net Cash per Share Related Terms
Tongcheng Travel Holdings 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.
Tongcheng Travel Holdings Net Cash per Share Chart
TNGCF vs BKNG, ABNB, RCL: Net Cash per Share Comparison
For the Travel Services subindustry, Tongcheng Travel Holdings'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.
Tongcheng Travel Holdings Price-to-Net-Cash vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Tongcheng Travel Holdings's Price-to-Net-Cash falls into.
Tongcheng Travel Holdings 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.
Tongcheng Travel Holdings'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.
Tongcheng Travel Holdings (TNGCF) has a Net Cash per Share of $-0.37 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 Tongcheng Travel Holdings and its competitors. According to the industry distribution chart, Tongcheng Travel Holdings ranks #999999 out of 146 companies in the Travel & Leisure industry.
Is Tongcheng Travel Holdings' Net Cash per Share too high?
Tongcheng Travel Holdings' current Net Cash per Share is $-0.37. Based on the distribution chart, Tongcheng Travel Holdings ranks #999999 out of 146 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Tongcheng Travel Holdings has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Tongcheng Travel Holdings' Net Cash per Share compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Tongcheng Travel Holdings ranks #999999 out of 146 companies for Net Cash per Share. This places Tongcheng Travel Holdings in the lower half of its industry. The industry median Net Cash per Share is 6.12. 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 Travel & Leisure company?
The median Net Cash per Share among Travel & Leisure companies is 6.12, based on 146 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 Tongcheng Travel Holdings and its competitors. For the Travel & Leisure industry, the median Net Cash per Share is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongcheng Travel Holdings's current Net Cash per Share is $-0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongcheng Travel Holdings stock overvalued right now?
Tongcheng Travel Holdings (TNGCF) has a current Net Cash per Share of $-0.37. The stock's GF Value™ is $6.71, compared to a current price of $2.80 — trading 58.3% below its estimated fair value. The current Net Cash per Share is $-0.37. Tongcheng Travel Holdings' overall GF Score™ is 87/100 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 Tongcheng Travel Holdings (TNGCF), the current Net Cash per Share is $-0.37 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 Tongcheng Travel Holdings (TNGCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tongcheng Travel Holdings stock appears to be undervalued.
The current stock price of $2.80 is trading 58.3% below its estimated GF Value™ of $6.71.
Key valuation signals for TNGCF:
Net Cash per Share: $-0.37
GF Value™: $6.71 vs. price of $2.80 (58.3% below fair value)
No single metric tells the full story. See the TNGCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
87GF Score
Get the complete analysis for TNGCF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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