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Richelieu Hardware (TSX:RCH) Net Cash per Share : C$-7.22 (As of Feb. 2024)


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What is Richelieu Hardware 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). Richelieu Hardware's Net Cash per Share for the quarter that ended in Feb. 2024 was C$-7.22.

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

TSX:RCH's Price-to-Net-Cash is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.94
* Ranked among companies with meaningful Price-to-Net-Cash only.

Richelieu Hardware Net Cash per Share Historical Data

The historical data trend for Richelieu Hardware'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.

Richelieu Hardware Net Cash per Share Chart

Richelieu Hardware Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.65 -2.61 -4.28 -7.99 -6.49

Richelieu Hardware Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -8.68 -7.95 -7.09 -6.49 -7.22

Competitive Comparison of Richelieu Hardware's Net Cash per Share

For the Furnishings, Fixtures & Appliances subindustry, Richelieu Hardware'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.


Richelieu Hardware's Price-to-Net-Cash Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Richelieu Hardware's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Richelieu Hardware's Price-to-Net-Cash falls into.



Richelieu Hardware 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.

Richelieu Hardware's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Net Cash per Share (A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(46.327-406.806-3.264)/56.0884
=-6.49

Richelieu Hardware's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(25.862-428.34-3.133)/56.141
=-7.22

* 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.


Richelieu Hardware  (TSX:RCH) 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.


Richelieu Hardware Net Cash per Share Related Terms

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Richelieu Hardware (TSX:RCH) Business Description

Traded in Other Exchanges
Address
7900 Henri-Bourassa Boulevard West, Ville Saint-Laurent, Montreal, QC, CAN, H4S 1V4
Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.
Executives
Guy Grenier Senior Officer

Richelieu Hardware (TSX:RCH) Headlines

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