While the markets continue their rocky road, the ranks of the net/nets have slowly been increasing. There are currently 100 or so with market caps above $5 million. Certainly still somewhat slim pickings, but never boring.
Top 5 Net/Nets By Market Cap
Imation Corp
Ticker: IMN
Price: $8.70
Market Cap: $338 million
NCAV: $413.9 million
Market Cap/NCAV: .82
Cash & ST Investments: $251.3 million
PE: NA
ADPT Corp
Ticker: ADPT
Price: $2.84
Market Cap: $342 million
NCAV: $381.1 million
Market Cap/NCAV: .90
Cash & ST Investments: $389.7 million
PE: NA
PC Connection
Ticker: PCCC
Price: $6.36
Market Cap: $172 million
NCAV: $180.8 million
Market Cap/NCAV: .95
Cash & ST Investments: $49.8 million
PE: 12
Tuesday Morning
Ticker: TUES
Price: $3.6
Market Cap: $152 million
NCAV: $167.8 million
Market Cap/NCAV: .91
Cash & ST Investments: $2.6 million
PE: 19
Audiovoxx
Ticker: VOXX
Price: $6.32
Market Cap: $145 million
NCAV: $209.8 million
Market Cap/NCAV: .69
Cash & ST Investments: $83.6 million
PE: 6
What's a net/net list without Audiovoxx? This company has seemingly been a net/net for as long as I've been researching.
Further down the list in terms of market caps, We are also seeing some interesting names, and will opine on those in our next column.
*The author has no position in the companies mentioned. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only.
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