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Strip Tinning Holdings (LSE:STG) Net Cash per Share : £-0.33 (As of Dec. 2023)


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What is Strip Tinning 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). Strip Tinning Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was £-0.33.

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

LSE:STG's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Strip Tinning Holdings Net Cash per Share Historical Data

The historical data trend for Strip Tinning 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.

Strip Tinning Holdings Net Cash per Share Chart

Strip Tinning Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -0.18 -0.27 -0.53 -0.31 -0.33

Strip Tinning Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.11 -0.31 -0.25 -0.33

Competitive Comparison of Strip Tinning Holdings's Net Cash per Share

For the Auto Parts subindustry, Strip Tinning 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.


Strip Tinning Holdings's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strip Tinning Holdings's Price-to-Net-Cash distribution charts can be found below:

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



Strip Tinning 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.

Strip Tinning Holdings'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)
=(0.343-5.476-0)/15.4597
=-0.33

Strip Tinning 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)
=(0.343-5.476-0)/15.4597
=-0.33

* 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.


Strip Tinning Holdings  (LSE:STG) 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.


Strip Tinning Holdings Net Cash per Share Related Terms

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Strip Tinning Holdings (LSE:STG) Business Description

Traded in Other Exchanges
N/A
Address
Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA
Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.