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Premier Diversified Holdings (TSXV:PDH) Net Cash per Share : C$-1.14 (As of Dec. 2023)


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What is Premier Diversified Holdings 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). Premier Diversified Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was C$-1.14.

The historical rank and industry rank for Premier Diversified Holdings'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 Premier Diversified Holdings was 85.00. The lowest was 5.21. And the median was 9.17.

TSXV:PDH's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.225
* Ranked among companies with meaningful Price-to-Net-Cash only.

Premier Diversified Holdings Net Cash per Share Historical Data

The historical data trend for Premier Diversified Holdings'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.

Premier Diversified Holdings Net Cash per Share Chart

Premier Diversified Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.74 -0.51 -0.79 -1.07

Premier Diversified Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.87 -0.97 -1.03 -1.07 -1.14

Competitive Comparison of Premier Diversified Holdings's Net Cash per Share

For the Asset Management subindustry, Premier Diversified Holdings'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.


Premier Diversified Holdings's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Premier Diversified Holdings's Price-to-Net-Cash falls into.



Premier Diversified Holdings 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.

Premier Diversified Holdings's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.183-5.231-0)/4.71068
=-1.07

Premier Diversified Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.102-5.468-0)/4.71068
=-1.14

* 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.


Premier Diversified Holdings  (TSXV:PDH) 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.


Premier Diversified Holdings Net Cash per Share Related Terms

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Premier Diversified Holdings (TSXV:PDH) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Pender Street, Suite 680, Vancouver, BC, CAN, V6E 2R1
Premier Diversified Holdings Inc is a company that operates in diversified industries. The company is engaged in evaluating other potential investments and acquisition opportunities of public and private entities and their assets. The group mainly invests in startup businesses, preferably through joint ventures, wherein the company takes a significant equity stake or provides debt financing.
Executives
Geoffrey Paul Waters Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Premier Diversified Holdings (TSXV:PDH) Headlines

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