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Corticeira Amorim SGPS (XLIS:COR) Net Cash per Share : €-4.70 (As of Dec. 2023)


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What is Corticeira Amorim SGPS 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). Corticeira Amorim SGPS's Net Cash per Share for the quarter that ended in Dec. 2023 was €-4.70.

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

XLIS:COR's Price-to-Net-Cash is not ranked *
in the Forest Products industry.
Industry Median: 8.81
* Ranked among companies with meaningful Price-to-Net-Cash only.

Corticeira Amorim SGPS Net Cash per Share Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Net Cash per Share Chart

Corticeira Amorim SGPS 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 -3.48 -2.90 -2.83 -3.84 -4.70

Corticeira Amorim SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -3.84 -4.37 -4.86 -5.42 -4.70

Competitive Comparison of Corticeira Amorim SGPS's Net Cash per Share

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's Price-to-Net-Cash Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Price-to-Net-Cash distribution charts can be found below:

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



Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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)
=(79.586-615.182-89.835)/133
=-4.70

Corticeira Amorim SGPS'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)
=(79.586-615.182-89.835)/133
=-4.70

* 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.


Corticeira Amorim SGPS  (XLIS:COR) 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.


Corticeira Amorim SGPS Net Cash per Share Related Terms

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Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.

Corticeira Amorim SGPS (XLIS:COR) Headlines