Lots of cash is great, whether you are an individual or a company. One key statistic that value investors examine who look at value stocks is the cash per share. The cash per share is determined by taking all the cash on the company's book divided by all the shares that are outstanding. If the price of the stock is below the cash per share, and assuming the company has little or no debt, then it may be a great value investment.
There are plenty of stocks that sell below the cash per share, but you may want to avoid certain ones because they carry huge amounts of debt. A few airlines fall into that category, such as US Airways Group (LCC) and United Continental (UAL), both of which trade way below the cash per share but have debt in the billions.
Fortunately, investors can still find stocks trading below cash with little or no debt. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio, the market capitalization, the cash per share, and the total debt.
One example is the Livermore, California based FormFactor, Inc. (FORM), which makes and markets precision and high performance advanced semiconductor wafer probe cards used for testing chips and other devices. The company should continue to benefit from the appetite for microprocessors. This debt-free stock has over $6.25 in cash per share yet closed at only $5.71, a 9% discount. The stock is also selling at a big discount to its book value of 7.48. The stock trades at 1.61 times sales. The company reported a net loss of 1.17 per share for the latest quarter, but generated a 10% increase in revenues.
Another example is Digital River Inc. (DRIV), a Minnesota based outsourcer of e-commerce solutions, primarily online sales channel capability. The stock trades at 15.43 trading at a 13% discount to its cash per share of 17.79 and its book value of 17.74. The stock trades at 12.7 times forward earnings, and 1.51 times sales, with revenues rising 123%. The does have some debt in the mount of $354 million.
For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
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Saturday, December 03, 2011
Tuesday, December 14, 2010
Stocks with Lots of Cash and No Debt
Cash is king. If you don't believe it, look at Apple (AAPL), with more than $25 billion in cash. On top of that, the company is debt free. Maybe that is why the stock is up over 345% over the last five years.
Many investors look for debt free stocks selling at or near cash per share. These are stocks which have virtually no debt and are trading close to the amount of cash the company has on a per share basis. Without any debt and a lot of cash, it would be hard for a company to go out of business, unless it is a biotech company with a high burn rate. In addition, the cash might make the company a possible takeover candidate.
WallStreetNewsNetwork.com just updated its list of Low Price to Cash per Share Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. Almost all the stocks have price to cash ratios less than 4.
On example is Electronic Arts Inc. (ERTS), the video game manufacturer, has $4.99 in cash per share, with the stock selling at less than 15.80, giving it a 3.16 price to cash ratio. The company, with no debt, has a forward PE of 18.8.
FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for less than 9.50 per share, has a significant $7.35 per share in cash. Recent earnings were negative, however, revenues for the latest quarter were up 8.2%.
If you want a free downloadable Excel list of ten stocks that have a Low Price to Cash Ratio with No Debt, go to wsnn.com.
Disclosure: Author did not own any of the above stocks at the time the article was written.
By Stockerblog.com
Many investors look for debt free stocks selling at or near cash per share. These are stocks which have virtually no debt and are trading close to the amount of cash the company has on a per share basis. Without any debt and a lot of cash, it would be hard for a company to go out of business, unless it is a biotech company with a high burn rate. In addition, the cash might make the company a possible takeover candidate.
WallStreetNewsNetwork.com just updated its list of Low Price to Cash per Share Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. Almost all the stocks have price to cash ratios less than 4.
On example is Electronic Arts Inc. (ERTS), the video game manufacturer, has $4.99 in cash per share, with the stock selling at less than 15.80, giving it a 3.16 price to cash ratio. The company, with no debt, has a forward PE of 18.8.
FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for less than 9.50 per share, has a significant $7.35 per share in cash. Recent earnings were negative, however, revenues for the latest quarter were up 8.2%.
If you want a free downloadable Excel list of ten stocks that have a Low Price to Cash Ratio with No Debt, go to wsnn.com.
Disclosure: Author did not own any of the above stocks at the time the article was written.
By Stockerblog.com
Friday, July 02, 2010
Top Debt Free Stocks Selling at Cash
Who wouldn't like debt free stocks selling at or near cash. These are stocks which have virtually no debt and are trading close to the amount of cash the company has per share. Without any debt and a lot of cash, it would be hard for a company to go out of business. In addition, the cash can make the company a possible takeover candidate.
WallStreetNewsNetwork.com just updated its list of Low Price to Cash Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. All the stocks have price to cash ratios less than 4.
As an example, Electronic Arts Inc. (ERTS), the video game manufacturer, has $6.05 in cash per share, with the stock selling at 14.33, giving it a 2.37 price to cash ratio. The company, with no debt, has a forward PE of 16.5.
FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for 10.52 per share, has a significant 8.66 per share in cash.
Other free downloadable Excel databases at wsnn.com include High Cash No Debt High Yield Stocks, No Debt Low Price To Cash Flow Stocks, and Stocks Selling Below Cash Per Share.
Author does not own any of the above stocks.
By Stockerblog.com
WallStreetNewsNetwork.com just updated its list of Low Price to Cash Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. All the stocks have price to cash ratios less than 4.
As an example, Electronic Arts Inc. (ERTS), the video game manufacturer, has $6.05 in cash per share, with the stock selling at 14.33, giving it a 2.37 price to cash ratio. The company, with no debt, has a forward PE of 16.5.
FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for 10.52 per share, has a significant 8.66 per share in cash.
Other free downloadable Excel databases at wsnn.com include High Cash No Debt High Yield Stocks, No Debt Low Price To Cash Flow Stocks, and Stocks Selling Below Cash Per Share.
Author does not own any of the above stocks.
By Stockerblog.com
Monday, March 16, 2009
Low Price to Cash Ratio with No Debt Stocks
What stock could be better than a company that is debt free and is trading at a price that is below the amount of cash they have per share. In other words, if the company went out of business, it wouldn't have any debts to pay off, and even if they couldn't sell off any of their assets, just the cash in the banks alone would be more than enough to give the investors a profit. The company would have to lose money at an incredible burn rate in order for the investor to lose money. So do such stocks exist? Yes, WallStreetNewsNetwork.com has come up with its latest downloadable and sortable list of debt free stocks selling close to cash per share. Here are a few examples:
Sycamore Networks (SCMR) is a debt free company recently traded at 2.56, an 8% discount to its cash per share of 2.79.
optionsXpress Hold (OXPS) is trading right about at its cash per share. The stock has a forward P/E ratio of 7.62 and has no debt.
FormFactor (FORM) was recently trading at 14.96, close to its cash per share of 10.66 per share. The company has no debt.
For a list of 17 stocks with no or low debt that are trading around cash per share, go to wsnn.com. The list is in the form of an Excel spreadsheet, which can be added to, sorted, and changed.
Author does not own any of the above.
By Stockerblog.com
Sycamore Networks (SCMR) is a debt free company recently traded at 2.56, an 8% discount to its cash per share of 2.79.
optionsXpress Hold (OXPS) is trading right about at its cash per share. The stock has a forward P/E ratio of 7.62 and has no debt.
FormFactor (FORM) was recently trading at 14.96, close to its cash per share of 10.66 per share. The company has no debt.
For a list of 17 stocks with no or low debt that are trading around cash per share, go to wsnn.com. The list is in the form of an Excel spreadsheet, which can be added to, sorted, and changed.
Author does not own any of the above.
By Stockerblog.com
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