Energy Fuels (ASX:EF2) Net Cash per Share: A$1.12 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Energy Fuels Net Cash per Share?

Energy Fuels ASX:EF2 78 Net Cash per Share is A$1.12 as of Jun. 2026. GuruFocus rates ASX:EF2 with a GF Score™ of 78/100. The stock has 2 warning signs investors should review. Among 54 Other Energy Sources companies, Energy Fuels ranks worse than 74.07% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Energy Fuels's Net Cash per Share for the quarter that ended in Jun. 2026 was A$1.12.

The historical rank and industry rank for Energy Fuels's Net Cash per Share or its related term are showing as below:

ASX:EF2' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.88   Med: 13.43   Max: 65.09
Current: 18.53

During the past 13 years, the highest Price-to-Net-Cash Ratio of Energy Fuels was 65.09. The lowest was 5.88. And the median was 13.43.

ASX:EF2's Price-to-Net-Cash is ranked worse than
74.07% of 54 companies
in the Other Energy Sources industry
Industry Median: 7.565 vs ASX:EF2: 18.53

Energy Fuels  (ASX:EF2) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Energy Fuels Net Cash per Share Related Terms


Energy Fuels Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Energy Fuels's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Energy Fuels Net Cash per Share Chart

Energy Fuels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.39 1.50 0.28 0.80

Energy Fuels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.15 0.80 1.02 1.12

ASX:EF2 vs UEC, LEU: Net Cash per Share Comparison

For the Uranium subindustry, Energy Fuels's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Fuels Price-to-Net-Cash vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Energy Fuels's Price-to-Net-Cash falls into.



Energy Fuels Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Energy Fuels's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1297.072-1097.569-6.268)/240.366
=0.80

Energy Fuels's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1333.001-1047.901-6.016)/249.919
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of A$1.12 mean?
Energy Fuels (ASX:EF2) has a Net Cash per Share of A$1.12 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Energy Fuels and its competitors. According to the industry distribution chart, Energy Fuels ranks #40 out of 54 companies in the Other Energy Sources industry, placing it in the top 74.1%.
Is Energy Fuels' Net Cash per Share too high?
Energy Fuels' current Net Cash per Share is A$1.12. Based on the distribution chart, Energy Fuels ranks #40 out of 54 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Energy Fuels has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Energy Fuels' Net Cash per Share compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Fuels ranks #40 out of 54 companies for Net Cash per Share. This places Energy Fuels in the lower half of its industry. The industry median Net Cash per Share is 7.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Other Energy Sources company?
The median Net Cash per Share among Other Energy Sources companies is 7.57, based on 54 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Energy Fuels and its competitors. For the Other Energy Sources industry, the median Net Cash per Share is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Fuels's current Net Cash per Share is A$1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Fuels stock overvalued right now?
Energy Fuels (ASX:EF2) has a current Net Cash per Share of A$1.12. The current Net Cash per Share is A$1.12. Energy Fuels' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Energy Fuels (ASX:EF2), the current Net Cash per Share is A$1.12 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Energy Fuels Business Description

Address 225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a critical mineral company based in the U.S. It produces several critical minerals, including uranium, vanadium, REEs (including NdPr, Dy and Tb) and HMS (including titanium and zirconium minerals). The company's project portfolio comprises uranium properties like Pinyon Plain Project, White Mesa Mill, Roca Honda Project, etc.; Heavy Minerals Sands project like Vara Mada Project, Donald Project, Bahia Project, etc.; the Nichols Ranch Project, and several other properties. The firm's reportable segments are: Uranium, REE, and HMS. Key revenue is generated from the Uranium segment, which is involved in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties, and the recycling of uranium-bearing materials generated by third parties.