SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends
Low Price/Cash Ratio Value Stocks
An SI Board Since September 1998
Posts SubjectMarks Bans
1918 167 0
Emcee:  Q. Type:  Unmoderated
This thread is devoted to stocks of debt-free companies that are
valued so cheaply that the market cap is comparable to the cash on
the balance sheet.

Here cash is defined as cash plus cash equivalents, including
marketable securities.

While there's no limit to how low a price/earnings, price/sales, or
even price/book ratio can fall, the cash represents a firm floor for
a stock price. It's difficult for a stock to trade way below cash,
because it would be too easy a takeover target. Moreover, the co.
is likely highly motivated to buy back its own shares.

Today, in the midst of a bear market when the Russell 2000 has fallen
23% from its peak, there are a number of small stocks trading near,
and even below, their cash levels. These are extremely out-of-favor
stocks. Typically the stock has been driven down because the business
is a mfg. co. in a cyclical downturn or suffering other fundamental
problems, yet the balance sheet is so strong that the co. is in no
risk whatever of failing. Moreover, you can buy the co. for almost
nothing, since the cash is comparable to the market cap.

Here's a list of low p/cash debt-free stocks today, based on the latest 10Q.
I've limited the list to stocks with a price > $3 and a market cap > $30 M.

symbol price market cap cash price/cash cash/rev business

CPCI 6 3/4 $33.3 M $35.6 M 0.93 3.3 Q RAID disk drives
CNXS 3 13/16 $70.0 M $66.4 M 1.05 5.5 Q anti-snore nose strips
ANET 5 1/2 $50.4 M $46.0 M 1.10 3.9 Q frame-relay WAN equip
KNTK 6 3/8 $45.3 M $40.7 M 1.11 3.4 Q laser printers
MTSN 3 1/8 $45.9 M $40.3 M 1.14 2.6 Q semi mfg equip
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
1918OK, I won't. Didn't know you were so attached to it. Anyone else can ansS. maltophilia-April 25
1917ok then dont buy it sh-t head.. rot outa here ATM was cancelled idiot go invesstock leader-April 25
1916Looks like a bargain, at least on the surface. Questions: Sales seem to be shriS. maltophilia-April 22
1915NURO best setup out there, low price/cash ratio stock. small burn, up for sale stock leader-April 22
1914NURO management now cooperating with activist investor calling for partial or fustock leader-April 19
1913whats up Elroy.. NURO looking to liquidate possibly or dutch tender at $6...stock leader-March 9
1912NURO moving up on large new investor buys and liquidation talk 3.50 avg price cstock leader-February 28
1911<i> Search is still 99 % of GOOG's profits (right?). </i> I Elroy-12/4/2023
1910I'm extremely unenthusiastic regarding AI generally. What I see in ChatGPT ipetal-12/4/2023
1909I think GOOG is so deeply integrated into most people's lives (YouTube, ChroElroy112/4/2023
1908I think GOOG might turn out to be a relatively poor investment from here. GPT orpetal-12/4/2023
1907NURO is the current wave trade. 3.90 in, might buy more. $14 per sh net cash.stock leader-12/4/2023
1906into NURO 3.90 avg. $14 per sh net cash. every year or two it's good fostock leader-12/4/2023
1905Seen this? This is not net of debt, some are buried in debt. Some may be well bS. maltophilia-1/18/2023
1904ADXS has more than $14 per share cash as of Q3 2022? That's nice!Elroy-1/18/2023
19032.81 bidstock leader-1/18/2023
1902ADXS pos finally showing action , cashing out somestock leader-1/18/2023
1901it appears ADXS is the lowest price/cash out there, Advaxis. trades on OTCBB. stock leader-7/11/2022
1900in for another wave of ADXS. Advaxis 3.85. seems to be trading about one-stock leader-7/6/2022
1899finviz stock screener, fundamental screenstock leader-5/9/2022
1898What tool are you using for your screen for low price to cash ratio stocks. I uJohnny Canuck-5/9/2022
1897dumped all CLBS at 73c today. horrible reverse merger. glad for the pop and oustock leader-4/27/2022
1896April 18, 2022 – ARCA biopharma, Inc. (Nasdaq: ABIO), a biopharmaceutical companstock leader-4/19/2022
1895ABIO best sub-cash stock since late january of the three. ABIO has now decidedstock leader-4/19/2022
1894I think GOOG and QCOM are great long term investments. I wish the US would giveElroy12/19/2022
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):