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National Tyre Services (XZIM:NTS.ZW) Net Cash per Share : ZWL-364.59 (As of Mar. 2024)


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What is National Tyre Services 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). National Tyre Services's Net Cash per Share for the quarter that ended in Mar. 2024 was ZWL-364.59.

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

XZIM:NTS.ZW's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

National Tyre Services Net Cash per Share Historical Data

The historical data trend for National Tyre 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.

* Premium members only.

National Tyre Services Net Cash per Share Chart

National Tyre Services Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -1.23 -8.11 -14.74 -364.59

National Tyre Services Semi-Annual Data
Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -1.23 -8.11 -14.74 -364.59

Competitive Comparison of National Tyre Services's Net Cash per Share

For the Auto Parts subindustry, National Tyre 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.


National Tyre Services's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, National Tyre Services's Price-to-Net-Cash distribution charts can be found below:

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


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National Tyre 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.

National Tyre Services's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2042.887-94601.888-0)/253.872
=-364.59

National Tyre Services's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2042.887-94601.888-0)/253.872
=-364.59

* 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.


National Tyre Services  (XZIM:NTS.ZW) 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.


National Tyre Services Net Cash per Share Related Terms

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National Tyre Services Business Description

Traded in Other Exchanges
N/A
Address
Corner Cripps and Seke Roads, P.O. Box 3018, Stand No. 4608, Graniteside, Harare, ZWE
National Tyre Services Ltd is engaged in reprocessing and the retailing of tyres. The company is a retailer of new tyres and tubes. In addition, its other activities include relugging of agriculture and earth moving tyres and the procurement of truck tyres for the Zimbabwe transport industry. The company's product consists of Dunlop, Bridgestone, Firestone, Yokohama, Pirelli, Bandag, Regal, and Comforser which offers passenger, sports utility vehicle, light truck, trucks, and bus, off-the-road, agriculture, application-specific and light truck tyres. The company has over 10 retail outlets situated throughout the country with over three being located in Harare.

National Tyre Services Headlines

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