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Correa Ribeiro Comercio e Industria (BSP:CORR3) Net Cash per Share : R$23.37 (As of Sep. 2023)


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What is Correa Ribeiro Comercio e Industria 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). Correa Ribeiro Comercio e Industria's Net Cash per Share for the quarter that ended in Sep. 2023 was R$23.37.

The historical rank and industry rank for Correa Ribeiro Comercio e Industria's Net Cash per Share or its related term are showing as below:

BSP:CORR3' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.24   Med: 0.42   Max: 2.53
Current: 0.51

During the past 13 years, the highest Price-to-Net-Cash Ratio of Correa Ribeiro Comercio e Industria was 2.53. The lowest was 0.24. And the median was 0.42.

BSP:CORR3's Price-to-Net-Cash is not ranked
in the Real Estate industry.
Industry Median: 5.27 vs BSP:CORR3: 0.51

Correa Ribeiro Comercio e Industria Net Cash per Share Historical Data

The historical data trend for Correa Ribeiro Comercio e Industria'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.

Correa Ribeiro Comercio e Industria Net Cash per Share Chart

Correa Ribeiro Comercio e Industria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -505.27 -552.79 -268.77 -264.71 36.67

Correa Ribeiro Comercio e Industria Quarterly Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -296.29 36.67 4.75 49.59 23.37

Competitive Comparison of Correa Ribeiro Comercio e Industria's Net Cash per Share

For the Real Estate Services subindustry, Correa Ribeiro Comercio e Industria'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.


Correa Ribeiro Comercio e Industria's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Correa Ribeiro Comercio e Industria's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Correa Ribeiro Comercio e Industria's Price-to-Net-Cash falls into.



Correa Ribeiro Comercio e Industria 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.

Correa Ribeiro Comercio e Industria's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(13.771-12.922-0)/0.02315
=36.67

Correa Ribeiro Comercio e Industria's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(12.014-11.473-0)/0.02315
=23.37

* 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.


Correa Ribeiro Comercio e Industria  (BSP:CORR3) 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.


Correa Ribeiro Comercio e Industria Net Cash per Share Related Terms

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Correa Ribeiro Comercio e Industria (BSP:CORR3) Business Description

Traded in Other Exchanges
N/A
Address
Av Centenario 2411, Sala 1105, Salvador, BA, BRA, 40155151
Website
Correa Ribeiro SA Comercio e Industria, together with its subsidiaries, engages in the administration, sale and leasing of residential properties.

Correa Ribeiro Comercio e Industria (BSP:CORR3) Headlines

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