WST (West Pharmaceutical Services) Net Cash per Share: $-9.24 (As of Jun. 2026)

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WST West Pharmaceutical Services Inc WST
95 GF Score
Price $349.92
GF Value $356.94
Valuation Fairly Valued
! 8 Warning Signs
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What is West Pharmaceutical Services Net Cash per Share?

West Pharmaceutical Services WST +0.41% 95 Net Cash per Share is $-9.24 as of Jun. 2026. GuruFocus rates WST with a GF Score™ of 95/100 and a GF Value™ of $356.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 279 Medical Devices & Instruments companies, West Pharmaceutical Services ranks worse than 358422.58% on this metric.

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). West Pharmaceutical Services's Net Cash per Share for the quarter that ended in Jun. 2026 was $-9.24.

The historical rank and industry rank for West Pharmaceutical Services'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 West Pharmaceutical Services was 2345.06. The lowest was 2345.06. And the median was 2345.06.

WST's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 9.79
* Ranked among companies with meaningful Price-to-Net-Cash only.

West Pharmaceutical Services  (NYSE:WST) 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.


West Pharmaceutical Services Net Cash per Share Related Terms


West Pharmaceutical Services Net Cash per Share Historical Data

* Premium members only.

The historical data trend for West Pharmaceutical Services'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.

West Pharmaceutical Services Net Cash per Share Chart

West Pharmaceutical Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.91 -0.51 -1.29 -6.59 -4.20

West Pharmaceutical Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -7.15 -5.92 -4.20 -8.43 -9.24

WST vs RMD, COO, SOLV: Net Cash per Share Comparison

For the Medical Instruments & Supplies subindustry, West Pharmaceutical Services'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.


West Pharmaceutical Services Price-to-Net-Cash vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, West Pharmaceutical Services's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where West Pharmaceutical Services's Price-to-Net-Cash falls into.


WST
95GF Score
West Pharmaceutical Services Inc WST
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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West Pharmaceutical Services 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.

West Pharmaceutical Services's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(791.3-1094-0)/72.043
=-4.20

West Pharmaceutical Services's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(435.8-1086.2-0)/70.400
=-9.24

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-9.24 mean?
West Pharmaceutical Services (WST) has a Net Cash per Share of $-9.24 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 West Pharmaceutical Services and its competitors. According to the industry distribution chart, West Pharmaceutical Services ranks #999999 out of 279 companies in the Medical Devices & Instruments industry.
Is West Pharmaceutical Services' Net Cash per Share too high?
West Pharmaceutical Services' current Net Cash per Share is $-9.24. Based on the distribution chart, West Pharmaceutical Services ranks #999999 out of 279 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, West Pharmaceutical Services has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does West Pharmaceutical Services' Net Cash per Share compare to RMD and COO?
According to the Medical Devices & Instruments industry distribution chart, West Pharmaceutical Services ranks #999999 out of 279 companies for Net Cash per Share. This places West Pharmaceutical Services in the lower half of its industry. The industry median Net Cash per Share is 9.79. 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 Medical Devices & Instruments company?
The median Net Cash per Share among Medical Devices & Instruments companies is 9.79, based on 279 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 West Pharmaceutical Services and its competitors. For the Medical Devices & Instruments industry, the median Net Cash per Share is 9.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Pharmaceutical Services's current Net Cash per Share is $-9.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Pharmaceutical Services stock overvalued right now?
Based on GuruFocus' analysis, West Pharmaceutical Services (WST) is currently considered Fairly Valued. The stock's GF Value™ is $356.94, compared to a current price of $349.92 — trading 2% below its estimated fair value. The current Net Cash per Share is $-9.24. West Pharmaceutical Services' overall GF Score™ is 95/100 with 8 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 West Pharmaceutical Services (WST), the current Net Cash per Share is $-9.24 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 West Pharmaceutical Services (WST) Overvalued in 2026?

Based on GuruFocus' analysis, West Pharmaceutical Services stock appears to be undervalued. The current stock price of $349.92 is trading 2% below its estimated GF Value™ of $356.94. GuruFocus considers West Pharmaceutical Services to be Fairly Valued.

Key valuation signals for WST:

  • Net Cash per Share: $-9.24
  • GF Value™: $356.94 vs. price of $349.92 (2% below fair value)
  • GF Score™: 95/100 with 8 warning signs

No single metric tells the full story. See the WST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West Pharmaceutical Services Business Description

Address 530 Herman O. West Drive, Exton, PA, USA, 19341-1147
West Pharmaceutical Services is based in Pennsylvania and is a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West sells elastomer-based packaging components (including stoppers, seals, and plungers), nonglass containment solutions, and auto-injectors for injectable drugs, which include large-molecule biologics, peptides such as GLP-1 receptor agonists, and small-molecule drugs. The company reports in two segments: proprietary products (about 80% of total revenue) and contract-manufactured products (about 20% of total revenue). It generates approximately 55% of its revenue from international markets and 45% from the United States.
95GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$349.92
Price
$356.94
GF Value