MA Financial Group (ASX:MAF) Net Cash per Share : A$-15.90 (As of Dec. 2023)

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What is MA Financial Group Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). MA Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 was A$-15.90.

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

During the past 7 years, the highest Price-to-Net-Cash Ratio of MA Financial Group was 56.00. The lowest was 56.00. And the median was 56.00.

ASX:MAF's Price-to-Net-Cash is not ranked ^*
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Cash only.

MA Financial Group Net Cash per Share Historical Data

The historical data trend for MA Financial Group'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.

MA Financial Group Net Cash per Share Chart

MA Financial Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

Get a 7-Day Free Trial

-1.11

-1.20

-1.61

-9.55

-15.90

MA Financial Group Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial									-1.61	-7.43	-9.55	-11.27	-15.90

Competitive Comparison of MA Financial Group's Net Cash per Share

For the Asset Management subindustry, MA Financial Group'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.

MA Financial Group's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MA Financial Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where MA Financial Group's Price-to-Net-Cash falls into.

MA Financial Group 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.

MA Financial Group's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(180.319	+	161.234	-	3112.704	-	63.624)	/	178.332
=	-15.90

MA Financial Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(180.319	+	161.234	-	3112.704	-	63.624)	/	178.332
=	-15.90

MA Financial Group (ASX:MAF) 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.

MA Financial Group Net Cash per Share Related Terms

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MA Financial Group (ASX:MAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MA Financial Group Ltd (ASX:MAF) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Carrington Street, Level 27, Brookfield Place, Sydney, NSW, AUS, 2000

Website

https://www.mafinancial.com

MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology, and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.

MA Financial Group (ASX:MAF) Headlines

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