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Fletcher King (LSE:FLK) Net Cash per Share : £0.16 (As of Oct. 2023)


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What is Fletcher King 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). Fletcher King's Net Cash per Share for the quarter that ended in Oct. 2023 was £0.16.

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

LSE:FLK' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.26   Med: 2.91   Max: 5.44
Current: 2.97

During the past 13 years, the highest Price-to-Net-Cash Ratio of Fletcher King was 5.44. The lowest was 1.26. And the median was 2.91.

LSE:FLK's Price-to-Net-Cash is ranked better than
67.89% of 190 companies
in the Real Estate industry
Industry Median: 5.52 vs LSE:FLK: 2.97

Fletcher King Net Cash per Share Historical Data

The historical data trend for Fletcher King'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.

Fletcher King Net Cash per Share Chart

Fletcher King Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.25 0.14 0.12 0.13

Fletcher King Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.17 0.12 0.12 0.13 0.16

Competitive Comparison of Fletcher King's Net Cash per Share

For the Real Estate Services subindustry, Fletcher King'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.


Fletcher King's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fletcher King's Price-to-Net-Cash distribution charts can be found below:

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



Fletcher King 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.

Fletcher King's Net Cash per Share for the fiscal year that ended in Apr. 2023 is calculated as

Net Cash per Share (A: Apr. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.755-1.328-0)/11.172
=0.13

Fletcher King's Net Cash per Share for the quarter that ended in Oct. 2023 is calculated as

Net Cash per Share (Q: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.606-0.789-0)/11.172
=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.


Fletcher King  (LSE:FLK) 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.


Fletcher King Net Cash per Share Related Terms

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Fletcher King (LSE:FLK) Business Description

Traded in Other Exchanges
Address
19-20 Great Pulteney Street, Soho, London, GBR, W1F 9NF
Fletcher King PLC is a property fund management company. The company along with its subsidiaries provides a comprehensive range of property services and advice including property fund management, property asset management, rating, valuations, and investment broking throughout the United Kingdom. The group is organized into one operating segment which is General Services. It generates the majority of its revenue from the UK.

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