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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Net Cash per Share : KWD-0.51 (As of Mar. 2024)


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What is Ali Alghanim Sons Automotive Co KSC 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). Ali Alghanim Sons Automotive Co KSC's Net Cash per Share for the quarter that ended in Mar. 2024 was KWD-0.51.

The historical rank and industry rank for Ali Alghanim Sons Automotive Co KSC's Net Cash per Share or its related term are showing as below:

KUW:ALG's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.995
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ali Alghanim Sons Automotive Co KSC Net Cash per Share Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC Net Cash per Share Chart

Ali Alghanim Sons Automotive Co KSC Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
-0.26 -0.37 -0.44

Ali Alghanim Sons Automotive Co KSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.37 -0.42 -0.46 -0.44 -0.51

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Net Cash per Share

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC'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.


Ali Alghanim Sons Automotive Co KSC's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's Price-to-Net-Cash falls into.



Ali Alghanim Sons Automotive Co KSC 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.

Ali Alghanim Sons Automotive Co KSC's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.797-130.754-9.897)/273.994
=-0.44

Ali Alghanim Sons Automotive Co KSC's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(18.998-151.346-6.895)/273.994
=-0.51

* 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.


Ali Alghanim Sons Automotive Co KSC  (KUW:ALG) 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.


Ali Alghanim Sons Automotive Co KSC Net Cash per Share Related Terms

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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076
Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.