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Foresight Enterprise VCT (LSE:FTF) Net Cash per Share : £0.18 (As of Dec. 2023)


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What is Foresight Enterprise VCT Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Foresight Enterprise VCT's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.18.

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

LSE:FTF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.83   Med: 5.32   Max: 59
Current: 3.36

During the past 13 years, the highest Price-to-Net-Cash Ratio of Foresight Enterprise VCT was 59.00. The lowest was 2.83. And the median was 5.32.

LSE:FTF's Price-to-Net-Cash is ranked better than
65.49% of 481 companies
in the Asset Management industry
Industry Median: 6.26 vs LSE:FTF: 3.36

Foresight Enterprise VCT Net Cash per Share Historical Data

The historical data trend for Foresight Enterprise VCT'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.

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Foresight Enterprise VCT Net Cash per Share Chart

Foresight Enterprise VCT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.21 0.09 0.11 0.18

Foresight Enterprise VCT Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.09 0.13 0.11 0.16 0.18

Competitive Comparison of Foresight Enterprise VCT's Net Cash per Share

For the Asset Management subindustry, Foresight Enterprise VCT'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.


Foresight Enterprise VCT's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Foresight Enterprise VCT's Price-to-Net-Cash falls into.



Foresight Enterprise VCT 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.

Foresight Enterprise VCT's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Foresight Enterprise VCT's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

* 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.


Foresight Enterprise VCT  (LSE:FTF) 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.


Foresight Enterprise VCT Net Cash per Share Related Terms

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Foresight Enterprise VCT (LSE:FTF) Business Description

Traded in Other Exchanges
N/A
Address
32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Foresight Enterprise VCT PLC is an independent infrastructure and private equity investment manager. The company's investment objective is to provide private investors with attractive returns from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. It serves financial institutions, government organizations, pension funds, and insurance companies.