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Tredegar (Tredegar) Net Cash per Share : $-8.20 (As of Mar. 2024)


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What is Tredegar 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). Tredegar's Net Cash per Share for the quarter that ended in Mar. 2024 was $-8.20.

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

TG's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.535
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tredegar Net Cash per Share Historical Data

The historical data trend for Tredegar'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.

Tredegar Net Cash per Share Chart

Tredegar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.13 -11.78 -9.14 -9.44 -8.20

Tredegar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.11 -8.16 -8.05 -8.20 -8.20

Competitive Comparison of Tredegar's Net Cash per Share

For the Metal Fabrication subindustry, Tredegar'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.


Tredegar's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tredegar's Price-to-Net-Cash distribution charts can be found below:

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



Tredegar 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.

Tredegar'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)
=(9.66-290.808-0)/34.2901
=-8.20

Tredegar's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(3.493-285.716-0)/34.4153
=-8.20

* 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.


Tredegar  (NYSE:TG) 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.


Tredegar Net Cash per Share Related Terms

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Tredegar (Tredegar) Business Description

Traded in Other Exchanges
Address
1100 Boulders Parkway, Richmond, VA, USA, 23225
Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.
Executives
James T. Gottwald 10 percent owner 3600 RIVER ROAD WEST, GOOCHLAND VA 23063
Kevin Cyril Donnelly officer: Vice President and Secretary 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Michael Jay Schewel officer: Vice President and Secretary C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brickhouse Frasier W Ii other: Controller 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
John M Steitz director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
William M Gottwald director ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
A Brent King officer: Vice President and Secretary 4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060
Mary Jane Hellyar officer: Vice President 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Gottwald Floyd D Jr director 330 SOUTH FOURTH STREET, RICHMOND VA 23219
John D Gottwald director 207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225

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