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Tatton Asset Management (LSE:TAM) Net Cash per Share : £0.23 (As of Sep. 2023)


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What is Tatton Asset Management 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). Tatton Asset Management's Net Cash per Share for the quarter that ended in Sep. 2023 was £0.23.

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

LSE:TAM' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 16.46   Med: 21.3   Max: 248.5
Current: 26.7

During the past 9 years, the highest Price-to-Net-Cash Ratio of Tatton Asset Management was 248.50. The lowest was 16.46. And the median was 21.30.

LSE:TAM's Price-to-Net-Cash is ranked worse than
77.39% of 491 companies
in the Asset Management industry
Industry Median: 6.36 vs LSE:TAM: 26.70

Tatton Asset Management Net Cash per Share Historical Data

The historical data trend for Tatton Asset Management'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.

Tatton Asset Management Net Cash per Share Chart

Tatton Asset Management Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only 0.13 0.10 0.17 0.20 0.27

Tatton Asset Management Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.02 0.20 0.15 0.27 0.23

Competitive Comparison of Tatton Asset Management's Net Cash per Share

For the Asset Management subindustry, Tatton Asset Management'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.


Tatton Asset Management's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Tatton Asset Management's Price-to-Net-Cash falls into.



Tatton Asset Management 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.

Tatton Asset Management's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(26.617-10.165-0)/60.0557
=0.27

Tatton Asset Management's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.397-10.328-0)/60.5114
=0.23

* 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.


Tatton Asset Management  (LSE:TAM) 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.


Tatton Asset Management Net Cash per Share Related Terms

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Tatton Asset Management (LSE:TAM) Business Description

Traded in Other Exchanges
N/A
Address
Paradigm House, Lower Meadow Road, Brooke Court, Handforth, Wilmslow, Cheshire, GBR, SK9 3ND
Tatton Asset Management PLC offers on-platform only discretionary fund management, regulatory, compliance, and business consulting services, as well as a whole of market mortgage provision, to directly authorized financial advisers across the United Kingdom. The company's business segments include Tatton and Paradigm, with the maximum revenue derived from the Tatton segment.

Tatton Asset Management (LSE:TAM) Headlines

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