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Theon InternationalTNIPF 38 Net Cash per Share is $0.83 as of Dec. 2025. GuruFocus rates TNIPF with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 70 Aerospace & Defense companies, Theon International ranks worse than 84.29% on this metric.
Theon International (OTCPK:TNIPF) 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.
Theon International Net Cash per Share Related Terms
Theon International Net Cash per Share Historical Data
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The historical data trend for Theon International'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.
For the Aerospace & Defense subindustry, Theon International'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.
Theon International Price-to-Net-Cash vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Theon International's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Theon International's Price-to-Net-Cash falls into.
Theon International 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.
Theon International'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.
Theon International (TNIPF) has a Net Cash per Share of $0.83 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Theon International and its competitors. According to the industry distribution chart, Theon International ranks #59 out of 70 companies in the Aerospace & Defense industry, placing it in the top 84.3%.
Is Theon International's Net Cash per Share too high?
Theon International's current Net Cash per Share is $0.83. The Aerospace & Defense industry median Net Cash per Share is 11.84. Theon International's value of $0.83 is 93% below this industry median. Based on the distribution chart, Theon International ranks #59 out of 70 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Theon International has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Theon International's Net Cash per Share compare to ?
According to the Aerospace & Defense industry distribution chart, Theon International ranks #59 out of 70 companies for Net Cash per Share. This places Theon International in the lower half of its industry. The industry median Net Cash per Share is 11.84. Theon International's value of $0.83 is 93% 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 an Aerospace & Defense company?
The median Net Cash per Share among Aerospace & Defense companies is 11.84, based on 70 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. Theon International's current Net Cash per Share of $0.83 is 93% 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 Theon International and its competitors. For the Aerospace & Defense industry, the median Net Cash per Share is 11.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theon International's current Net Cash per Share is $0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theon International stock overvalued right now?
Theon International (TNIPF) has a current Net Cash per Share of $0.83. The current Net Cash per Share is $0.83 and 93% below the Aerospace & Defense industry median of 11.84. Theon International's overall GF Score™ is 38/100 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 Theon International (TNIPF), the current Net Cash per Share is $0.83 as of Dec. 2025. 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.
Theon International PLC is a defense and security technology company specializing in electro-optical systems and integrated solutions for military and security applications. It develops and manufactures night vision and thermal imaging systems used by defense and security organizations. The company operates internationally through subsidiaries and production facilities across multiple regions. Its products are used by armed forces and security agencies in various countries. In addition to electro-optical systems, it develops integrated soldier systems, ISR optronics, and platform solutions for land and maritime environments.
38GF Score
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