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Mission Produce (Mission Produce) Net Cash per Share : $-5.54 (As of Jan. 2024)


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What is Mission Produce 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). Mission Produce's Net Cash per Share for the quarter that ended in Jan. 2024 was $-5.54.

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

AVO's Price-to-Net-Cash is not ranked *
in the Retail - Defensive industry.
Industry Median: 7.13
* Ranked among companies with meaningful Price-to-Net-Cash only.

Mission Produce Net Cash per Share Historical Data

The historical data trend for Mission Produce'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.

Mission Produce Net Cash per Share Chart

Mission Produce Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial -3.55 -2.55 -3.61 -4.60 -5.21

Mission Produce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -5.14 -5.91 -5.96 -5.21 -5.54

Competitive Comparison of Mission Produce's Net Cash per Share

For the Food Distribution subindustry, Mission Produce'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.


Mission Produce's Price-to-Net-Cash Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mission Produce's Price-to-Net-Cash distribution charts can be found below:

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



Mission Produce 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.

Mission Produce's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

Net Cash per Share (A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(42.9-386.5-24.7)/70.7284
=-5.21

Mission Produce's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(39.9-405.7-26.7)/70.8413
=-5.54

* 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.


Mission Produce  (NAS:AVO) 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.


Mission Produce Net Cash per Share Related Terms

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Mission Produce (Mission Produce) Business Description

Traded in Other Exchanges
Address
2710 Camino Del Sol, Oxnard, CA, USA, 93030
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
Executives
Bryan E Giles officer: CHIEF FINANCIAL OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Stephen J Barnard director, officer: PRESIDENT AND CEO C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Tony B Sarsam director 850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Luis A Gonzalez director, 10 percent owner C/O MISSION PRODUCE,INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Juan R Wiesner officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Timothy Bulow officer: President and COO 2710 CAMINO DEL SOL, OXNARD CA 93030
Bonnie Cruickshank Lind director 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Shaunte Danielle Mears-watkins director 2710 CAMINO DEL SOL, OXNARD CA 93030
Joanne C Wu officer: General Counsel and Secretary C/O MISSION PRODUCE, INC., 2710 CAMINO DEL SOL, OXNARD CA 93030
Michael A Browne officer: CHIEF OPERATING OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Jay A Pack director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Steve A Beebe director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Ross W Wileman officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Bruce C. Taylor director, 10 percent owner C/O TAYLOR FARMS, 911-B BLANCO CIRCLE, SALINAS CA 93901
Linda B Segre director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008