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Investore Property (NZSE:IPL) Net Cash per Share : NZ$-1.13 (As of Mar. 2024)


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What is Investore Property 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). Investore Property's Net Cash per Share for the quarter that ended in Mar. 2024 was NZ$-1.13.

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

NZSE:IPL's Price-to-Net-Cash is not ranked *
in the REITs industry.
Industry Median: 19.95
* Ranked among companies with meaningful Price-to-Net-Cash only.

Investore Property Net Cash per Share Historical Data

The historical data trend for Investore Property'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.

Investore Property Net Cash per Share Chart

Investore Property Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial -0.84 -0.81 -1.02 -1.09 -1.13

Investore Property Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -1.02 -1.10 -1.09 -1.12 -1.13

Competitive Comparison of Investore Property's Net Cash per Share

For the REIT - Retail subindustry, Investore Property'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.


Investore Property's Price-to-Net-Cash Distribution in the REITs Industry

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

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



Investore Property 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.

Investore Property's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.633-427.365-0)/373.822
=-1.13

Investore Property'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)
=(6.633-427.365-0)/373.822
=-1.13

* 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.


Investore Property  (NZSE:IPL) 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.


Investore Property Net Cash per Share Related Terms

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Investore Property (NZSE:IPL) Business Description

Traded in Other Exchanges
N/A
Address
34 Shortland Street, Level 12, Auckland, NZL, 1010
Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.

Investore Property (NZSE:IPL) Headlines

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