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Evertz Technologies (TSX:ET) Net Cash per Share : C$-1.67 (As of Oct. 2024)


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What is Evertz Technologies Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Evertz Technologies's Net Cash per Share for the quarter that ended in Oct. 2024 was C$-1.67.

The historical rank and industry rank for Evertz Technologies's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Evertz Technologies was 794.50. The lowest was 20.73. And the median was 38.37.

TSX:ET's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.17
* Ranked among companies with meaningful Price-to-Net-Cash only.

Evertz Technologies Net Cash per Share Historical Data

The historical data trend for Evertz Technologies'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.

* Premium members only.

Evertz Technologies Net Cash per Share Chart

Evertz Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 -0.66 -2.05 -2.38 -1.77

Evertz Technologies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.79 -1.88 -1.77 -1.69 -1.67

Competitive Comparison of Evertz Technologies's Net Cash per Share

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Evertz Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Evertz Technologies's Price-to-Net-Cash falls into.



Evertz Technologies 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.

Evertz Technologies's Net Cash per Share for the fiscal year that ended in Apr. 2024 is calculated as

Net Cash per Share (A: Apr. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(86.325-218.045-3.41)/76.1643
=-1.77

Evertz Technologies's Net Cash per Share for the quarter that ended in Oct. 2024 is calculated as

Net Cash per Share (Q: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(61.729-185.617-3.07)/75.9689
=-1.67

* 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.


Evertz Technologies  (TSX:ET) 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.


Evertz Technologies Net Cash per Share Related Terms

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Evertz Technologies Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
Executives
Evertz Technologies Limited Issuer
Rakesh Thakor Patel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)