GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferronordic AB (OSTO:FNM) » Definitions » Net Cash per Share

Ferronordic AB (OSTO:FNM) Net Cash per Share : kr-217.51 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ferronordic AB 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). Ferronordic AB's Net Cash per Share for the quarter that ended in Mar. 2024 was kr-217.51.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Ferronordic AB was 4.82. The lowest was 3.24. And the median was 4.03.

OSTO:FNM's Price-to-Net-Cash is not ranked *
in the Industrial Distribution industry.
Industry Median: 5.98
* Ranked among companies with meaningful Price-to-Net-Cash only.

Ferronordic AB Net Cash per Share Historical Data

The historical data trend for Ferronordic AB'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.

Ferronordic AB Net Cash per Share Chart

Ferronordic AB 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 -107.89 -83.81 -144.78 23.67 -182.83

Ferronordic AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.68 -0.14 -8.19 -182.83 -217.51

Competitive Comparison of Ferronordic AB's Net Cash per Share

For the Industrial Distribution subindustry, Ferronordic AB'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.


Ferronordic AB's Price-to-Net-Cash Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Price-to-Net-Cash distribution charts can be found below:

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



Ferronordic AB 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.

Ferronordic AB'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)
=(426-3083-0)/14.5324
=-182.83

Ferronordic AB'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)
=(217-3378-0)/14.5324
=-217.51

* 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.


Ferronordic AB  (OSTO:FNM) 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.


Ferronordic AB Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Ferronordic AB's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferronordic AB (OSTO:FNM) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in sales, rents, and services of construction equipment and other machinery. The company is authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne and also appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. The Group has two reporting segments: Germany and CIS (the Commonwealth of Independent States). The Germany segment comprises comprises of sales of new and used trucks, aftermarket sales, rental, and other services in Germany. CIS comprises of sales of new and used construction and other equipment, aftermarket sales, rental, contracting services and other services in CIS and currently only in Kazakhstan.

Ferronordic AB (OSTO:FNM) Headlines

No Headlines