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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Net Cash per Share : ZWL-1,594.22 (As of Feb. 2024)


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What is Econet Wireless Zimbabwe 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). Econet Wireless Zimbabwe's Net Cash per Share for the quarter that ended in Feb. 2024 was ZWL-1,594.22.

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

XZIM:ECO.ZW's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.44
* Ranked among companies with meaningful Price-to-Net-Cash only.

Econet Wireless Zimbabwe Net Cash per Share Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Net Cash per Share Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -8.71 -11.77 -36.97 -95.28 -1,659.14

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -36.97 -46.76 -95.28 -480.97 -1,594.22

Competitive Comparison of Econet Wireless Zimbabwe's Net Cash per Share

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.


Econet Wireless Zimbabwe's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Price-to-Net-Cash falls into.



Econet Wireless Zimbabwe 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.

Econet Wireless Zimbabwe's Net Cash per Share for the fiscal year that ended in Feb. 2024 is calculated as

Net Cash per Share (A: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(216826-4279535--187)/2448.574
=-1,659.14

Econet Wireless Zimbabwe's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(216826-4279535--187)/2548.275
=-1,594.22

* 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.


Econet Wireless Zimbabwe  (XZIM:ECO.ZW) 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.


Econet Wireless Zimbabwe Net Cash per Share Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

Econet Wireless Zimbabwe (XZIM:ECO.ZW) Headlines

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