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J-Star Holding CoYMAT +2.56%11 Net Cash per Share is $-4.02 as of Dec. 2025. GuruFocus rates YMAT with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 310 Chemicals companies, J-Star Holding Co ranks worse than 322580.32% on this metric.
The historical rank and industry rank for J-Star Holding Co's Net Cash per Share or its related term are showing as below:
YMAT's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 9.15 * Ranked among companies with meaningful Price-to-Net-Cash only.
J-Star Holding Co (NAS:YMAT) 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.
J-Star Holding Co Net Cash per Share Related Terms
J-Star Holding Co Net Cash per Share Historical Data
* Premium members only.
The historical data trend for J-Star Holding Co'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.
YMAT vs SNES, GLGI, BON: Net Cash per Share Comparison
For the Specialty Chemicals subindustry, J-Star Holding Co'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.
J-Star Holding Co Price-to-Net-Cash vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, J-Star Holding Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where J-Star Holding Co's Price-to-Net-Cash falls into.
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.
J-Star Holding Co'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.
J-Star Holding Co (YMAT) has a Net Cash per Share of $-4.02 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 J-Star Holding Co and its competitors. According to the industry distribution chart, J-Star Holding Co ranks #999999 out of 310 companies in the Chemicals industry.
Is J-Star Holding Co's Net Cash per Share too high?
J-Star Holding Co's current Net Cash per Share is $-4.02. Based on the distribution chart, J-Star Holding Co ranks #999999 out of 310 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, J-Star Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does J-Star Holding Co's Net Cash per Share compare to SNES and GLGI?
According to the Chemicals industry distribution chart, J-Star Holding Co ranks #999999 out of 310 companies for Net Cash per Share. This places J-Star Holding Co in the lower half of its industry. The industry median Net Cash per Share is 9.15. 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 Chemicals company?
The median Net Cash per Share among Chemicals companies is 9.15, based on 310 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 J-Star Holding Co and its competitors. For the Chemicals industry, the median Net Cash per Share is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Star Holding Co's current Net Cash per Share is $-4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Star Holding Co stock overvalued right now?
J-Star Holding Co (YMAT) has a current Net Cash per Share of $-4.02. The current Net Cash per Share is $-4.02. J-Star Holding Co's overall GF Score™ is 11/100 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 J-Star Holding Co (YMAT), the current Net Cash per Share is $-4.02 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.
J-Star Holding Co Ltd is engaged in the research, development, and manufacturing of carbon fiber for a wide variety-of-products including carbon bicycles, carbon rackets, automotive parts, outdoor sports gears, and healthcare products. The company has five segments: Bicycle frame, Racket, Crank, Service provision, and Others. The majority of its revenue is generated from the Bicycle frame segment. Geographically, the company operates in Taiwan, China, and other regions.
11GF Score
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