NexPoint Hospitality: Stocks trading at Less Than Cash Value on TSX-V (NHT-U)
NexPoint Hospitality is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap.
This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation.
Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| ORC.B | Orca Energy Group | 4.5 | 19842209 | 6.543 | 0.7157 | 5.18 | 2.92 |
| NXH | Next Hydrogen Solutions | 0.66 | 22888436 | 0.8418 | 0.7 | 0.61 | |
| DTEA | DAVIDsTEA | 0.55 | 26623068 | 0.3871 | 0.61 | 0.2 | |
| IGP | Imperial Ginseng Prods | 1.6 | 7652547 | 8.8889 | 0.8624 | 1.72 | 1.72 |
| NHT.U | NexPoint Hospitality | 0.25 | 29352055 | 14.2857 | 5.0416 | 0.56 | -6.7 |
All data provided as of November 17, 2023.
More about NexPoint Hospitality
NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created for the purpose of acquiring a portfolio of hospitality assets located in the United States and raising capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels.
NexPoint Hospitality is listed under NHT-U on the TSX Venture Exchange.
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