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African Distillers (XZIM:AFDS.ZW) Net Cash per Share : ZWL-467.54 (As of Sep. 2023)


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What is African Distillers 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). African Distillers's Net Cash per Share for the quarter that ended in Sep. 2023 was ZWL-467.54.

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

During the past 8 years, the highest Price-to-Net-Cash Ratio of African Distillers was 48.33. The lowest was 48.33. And the median was 48.33.

XZIM:AFDS.ZW's Price-to-Net-Cash is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 11.105
* Ranked among companies with meaningful Price-to-Net-Cash only.

African Distillers Net Cash per Share Historical Data

The historical data trend for African Distillers'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.

African Distillers Net Cash per Share Chart

African Distillers Annual Data
Trend Jun09 Jun11 Jun12 Jun18 Jun19 Jun20 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial 0.03 -1.46 -6.08 -9.53 -95.05

African Distillers Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23
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 -6.40 -9.53 -49.50 -95.05 -467.54

Competitive Comparison of African Distillers's Net Cash per Share

For the Beverages - Wineries & Distilleries subindustry, African Distillers'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.


African Distillers's Price-to-Net-Cash Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, African Distillers's Price-to-Net-Cash distribution charts can be found below:

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



African Distillers 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.

African Distillers's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1866.658-13142.022-0)/118.627
=-95.05

African Distillers's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5310.002-60744.345-0)/118.565
=-467.54

* 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.


African Distillers  (XZIM:AFDS.ZW) 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.


African Distillers Net Cash per Share Related Terms

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African Distillers (XZIM:AFDS.ZW) Business Description

Traded in Other Exchanges
N/A
Address
22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE
African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

African Distillers (XZIM:AFDS.ZW) Headlines

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