Varia US Properties (XSWX:VARN) Net Cash per Share: CHF-46.40 (As of Jun. 2026)

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XSWX:VARN Varia US Properties Ltd XSWX:VARN
36 GF Score
Price CHF13.20
GF Value CHF19.71
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Varia US Properties Net Cash per Share?

Varia US Properties XSWX:VARN -0.75% 36 Net Cash per Share is CHF-46.40 as of Jun. 2026. GuruFocus rates XSWX:VARN with a GF Score™ of 36/100 and a GF Value™ of CHF19.71 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 189 Real Estate companies, Varia US Properties ranks worse than 529100% 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). Varia US Properties's Net Cash per Share for the quarter that ended in Jun. 2026 was CHF-46.40.

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

XSWX:VARN's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.09
* Ranked among companies with meaningful Price-to-Net-Cash only.

Varia US Properties  (XSWX:VARN) 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.


Varia US Properties Net Cash per Share Related Terms


Varia US Properties Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Varia US Properties'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.

Varia US Properties Net Cash per Share Chart

Varia US Properties 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 -82.82 -102.36 -78.81 -75.10 -57.61

Varia US Properties 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 -65.46 -62.34 -57.61 -49.79 -46.40

XSWX:VARN vs CBRE, BEKE, JLL: Net Cash per Share Comparison

For the Real Estate Services subindustry, Varia US Properties'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.


Varia US Properties Price-to-Net-Cash vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Varia US Properties's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Varia US Properties's Price-to-Net-Cash falls into.


XSWX:VARN
36GF Score
Varia US Properties Ltd XSWX:VARN
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Varia US Properties 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.

Varia US Properties'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)
=(17.758-601.078-0)/10.126
=-57.61

Varia US Properties'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)
=(16.776-486.59-0)/10.126
=-46.40

* 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 CHF-46.40 mean?
Varia US Properties (XSWX:VARN) has a Net Cash per Share of CHF-46.40 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 Varia US Properties and its competitors. According to the industry distribution chart, Varia US Properties ranks #999999 out of 189 companies in the Real Estate industry.
Is Varia US Properties' Net Cash per Share too high?
Varia US Properties' current Net Cash per Share is CHF-46.40. Based on the distribution chart, Varia US Properties ranks #999999 out of 189 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Varia US Properties has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Varia US Properties' Net Cash per Share compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Varia US Properties ranks #999999 out of 189 companies for Net Cash per Share. This places Varia US Properties in the lower half of its industry. The industry median Net Cash per Share is 5.09. 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 Real Estate company?
The median Net Cash per Share among Real Estate companies is 5.09, based on 189 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 Varia US Properties and its competitors. For the Real Estate industry, the median Net Cash per Share is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varia US Properties's current Net Cash per Share is CHF-46.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia US Properties stock overvalued right now?
Based on GuruFocus' analysis, Varia US Properties (XSWX:VARN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF19.71, compared to a current price of CHF13.20 — trading 33% below its estimated fair value. The current Net Cash per Share is CHF-46.40. Varia US Properties' overall GF Score™ is 36/100 with 5 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 Varia US Properties (XSWX:VARN), the current Net Cash per Share is CHF-46.40 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 Varia US Properties (XSWX:VARN) Overvalued in 2026?

Based on GuruFocus' analysis, Varia US Properties stock appears to be undervalued. The current stock price of CHF13.20 is trading 33% below its estimated GF Value™ of CHF19.71. GuruFocus considers Varia US Properties to be Possible Value Trap.

Key valuation signals for XSWX:VARN:

  • Net Cash per Share: CHF-46.40
  • GF Value™: CHF19.71 vs. price of CHF13.20 (33% below fair value)
  • GF Score™: 36/100 with 5 warning signs

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


Varia US Properties Business Description

Other Exchanges VARNz:UK0RKW:UK
Address Gubelstrasse 19, Zug, CHE, CH-6300
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. The majority of revenue comes from Rental income.
36GF Score

Get the complete analysis for XSWX:VARN

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

CHF13.20
Price
CHF19.71
GF Value