According to Cramer's math, Dole's remaining fresh foods businesses are worth more than $1.5 billion. After subtracting the company's debt, he came out with a value of $16.21 a share. Those represent modest gains from the company's current share price of $13.91, but Cramer said Dole also has a lot of value tied up in its unused land assets around the world. Factoring in those assets, he values the sum of Dole's parts at upwards of $21 share. Cramer said he's not expecting Dole shares to hit that target overnight, but added that now is the time to start a position since the company is finally beginning to get its house in order.