DAVIDsTEA: Stocks trading at Less Than Cash Value on TSX-V (DTEA)
DAVIDsTEA 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 | 3.2 | 19769509 | 15.7035 | 0.5302 | 4.92 | 3.12 |
| DEX | Almadex Minerals | 0.22 | 61007944 | 11.5 | 0.5147 | 0.24 | |
| IGP | Imperial Ginseng Prods | 1.6 | 7652547 | 8.8889 | 0.8624 | 1.72 | 1.72 |
| RRR.UN | R&R REIT | 0.145 | 39957947 | 1.9766 | 0.2913 | 0.3 | -1.2 |
| DTEA | DAVIDsTEA | 0.16 | 26872678 | 0.1137 | 0.6 | 0.2 | |
| WINS | Winshear Gold | 0.1 | 31418632 | 0.122 | 0.9974 | 0.1 | |
| LVX | Leviathan Gold | 0.105 | 19944764 | 2.8108 | 0.8079 | 0.16 | 0 |
All data provided as of August 23, 2024.
More about DAVIDsTEA
DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.
DAVIDsTEA is listed under DTEA on the TSX Venture Exchange.
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