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Apax Global Alpha (CHIX:APAXL) Net Cash per Share : £0.16 (As of Dec. 2023)


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What is Apax Global Alpha 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). Apax Global Alpha's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.16.

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

CHIX:APAXl' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9.46   Med: 23.41   Max: 49.58
Current: 9.84

During the past 12 years, the highest Price-to-Net-Cash Ratio of Apax Global Alpha was 49.58. The lowest was 9.46. And the median was 23.41.

CHIX:APAXl's Price-to-Net-Cash is ranked worse than
58.62% of 493 companies
in the Asset Management industry
Industry Median: 6.67 vs CHIX:APAXl: 9.84

Apax Global Alpha Net Cash per Share Historical Data

The historical data trend for Apax Global Alpha'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.

Apax Global Alpha Net Cash per Share Chart

Apax Global Alpha Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.17 0.18 0.10 0.16

Apax Global Alpha Quarterly Data
Dec12 Dec13 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.18 0.26 0.10 0.13 0.16

Competitive Comparison of Apax Global Alpha's Net Cash per Share

For the Asset Management subindustry, Apax Global Alpha'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.


Apax Global Alpha's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Apax Global Alpha's Price-to-Net-Cash falls into.



Apax Global Alpha 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.

Apax Global Alpha'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)
=(87.335+0-11.163-0)/491.101
=0.16

Apax Global Alpha'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)
=(87.335+0-11.163-0)/491.101
=0.16

* 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.


Apax Global Alpha  (CHIX:APAXl) 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.


Apax Global Alpha Net Cash per Share Related Terms

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Apax Global Alpha (CHIX:APAXL) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, P.O. Box 656, Les Banques, Saint Peter Port, GGY, GY1 3PP
Apax Global Alpha Ltd is a closed-ended investment company that invests in a diversified portfolio of private equity funds and Derived Investments. The company's investment objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. It is targeting an annualized Total Return across economic cycles of nearly 12-15%, which includes net fees and expenses. Once fully invested, the company aims to pay an annualized dividend yield of about 5% of Net Asset Value per annum. Geographically, it derives a majority of revenue from North America.

Apax Global Alpha (CHIX:APAXL) Headlines

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