Stock Quotes in this Article: ITG, XIN

 The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. The opinions expressed are those of the author and do not represent the views of TheStreet or its management.

SAN FRANCISCO (Stockerblog) -- One metric that value investors look at is the amount of cash per share -- in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. If when you compare that cash per share to the stock's price, the cash exceeds the stock price, you might have found a very favorable investment.


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    You obviously have to look at other factors and metrics, but finding the stocks below cash could be a good starting point. just updated its list of stocks selling below cash, which also includes data on the forward price-to-earnings ratio and the total debt.

    One example is Investment Technology Group (ITG) is a financial markets technology firm that is primarily sold to hedge funds and asset management companies. The company produced Posit, the industry’s second anonymous electronic trade matching system, in 1987. ITG also markets tools for portfolio management, pre-trade analysis, order management, trade execution and post-trade evaluation.

    ITG has about $32 in cash per share and trades at 14 per share. The stock trades at 12.1 times forward earnings and total debt amounting to $34.2 million. Earnings per share increased by 13.2% for the latest quarter on a 2.3% increase in revenue.

    Xinyuan Real Estate (XIN) is a China based residential real estate development business, and provider of property management services. The stock is trading at 2.22, about a 41% discount to cash per share of 3.76. The company has a forward price-to-earnings ratio of 2 and total debt of $323.5 million. Earnings for the latest quarter were down 2.1% on a 17.1% reduction in revenue.

    For a list of stocks trading below cash per share, which you can update and sort, go to

    Author had no positions in stocks mentioned at the time of writing.

    Fred Fuld III, the publisher of stock and bond investing blog Stockerblog and founder of WallStreetNewsNetwork, has been in the financial services industry for over 20 years, working as an investment advisor, options market maker at the Pacific Stock Exchange, vice president of a San Francisco money management firm, university faculty member and wholesaler for the New Alternatives Fund (the first environmentally conscious mutual fund). He is the author of the books Investing in Brazil Stocks and The Green Light on Green Stocks.