Templeton Dragon Fund (Templeton Dragon Fund) Net Cash per Share : $0.07 (As of Dec. 2023)

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What is Templeton Dragon Fund 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). Templeton Dragon Fund's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.07.

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

TDF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 116.71 Med: 242.86 Max: 1075.5
Current: 117

During the past 8 years, the highest Price-to-Net-Cash Ratio of Templeton Dragon Fund was 1075.50. The lowest was 116.71. And the median was 242.86.

TDF's Price-to-Net-Cash is ranked worse than
93.63% of 487 companies
in the Asset Management industry
Industry Median: 6.37 vs TDF: 117.00

Templeton Dragon Fund Net Cash per Share Historical Data

The historical data trend for Templeton Dragon Fund'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.

Templeton Dragon Fund Net Cash per Share Chart

Templeton Dragon Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

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0.06

-0.29

0.10

-0.02

0.07

Templeton Dragon Fund Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial											0.10	0.02	-0.02	0.11	0.07

Competitive Comparison of Templeton Dragon Fund's Net Cash per Share

For the Asset Management subindustry, Templeton Dragon Fund'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.

Templeton Dragon Fund's Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Templeton Dragon Fund's Price-to-Net-Cash falls into.

Templeton Dragon Fund 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.

Templeton Dragon Fund's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.85	+	0	-	0.974	-	0)	/	25.3531
=	0.07

Templeton Dragon Fund's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Balance Sheet Cash And Cash Equivalents	+	Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.85	+	0	-	0.974	-	0)	/	25.3531
=	0.07

Templeton Dragon Fund (NYSE:TDF) 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.

Templeton Dragon Fund Net Cash per Share Related Terms

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Templeton Dragon Fund (Templeton Dragon Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Templeton Dragon Fund Inc (NYSE:TDF) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923

Website

https://www.franklintempleton.com

Templeton Dragon Fund Inc is a closed-end management investment company. The fund seeks long-term capital appreciation by investing majority of its total assets in equity securities of China companies. It invests in various sectors such as gas & consumable fuels, auto components, banks, beverages, communications equipment, healthcare equipment & supplies, restaurants & leisure, household durables, and many others.

Executives

Christine M. Debevec	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt	officer: VP & Secretary	C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker	officer: Chief Compliance Officer	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Oliveira Marc De	officer: VP & Assistant Secretary	C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn	officer: VP & Assistant Secretary	WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Tara E. Gormel	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Harris Goldblat	officer: VP & Assistant Secretary	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Terrence J. Checki	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Kings	officer: CFO, CAO and Treasurer	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler	officer: Interim CFO, CAO and Treasurer	300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr	officer: VP - AML Compliance	280 PARK AVENUE, NEW YORK NY 10017
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Manraj S Sekhon	officer: President and CEO - IM	7 TEMASEK BOULEVARD, #38-03 SUNTEC TOWER ONE, SINGAPORE U0 038987
Bates Ann Torre	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Matthew T. Hinkle	officer: CEO - Finance & Admin	3344 QUALITY DRIVE, RANCHO CORDOVA CA 95670-7313