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.
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.
CanAsia EnergyCECAF +3.94%34 Net Cash per Share is $-0.02 as of Mar. 2026. GuruFocus rates CECAF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 132 Oil & Gas companies, CanAsia Energy ranks worse than 757575% on this metric.
The historical rank and industry rank for CanAsia Energy's Net Cash per Share or its related term are showing as below:
During the past 4 years, the highest Price-to-Net-Cash Ratio of CanAsia Energy was 20.00. The lowest was 1.36. And the median was 4.50.
CECAF's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.8 * Ranked among companies with meaningful Price-to-Net-Cash only.
CanAsia Energy (OTCPK:CECAF) 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.
CanAsia Energy Net Cash per Share Related Terms
CanAsia Energy Net Cash per Share Historical Data
* Premium members only.
The historical data trend for CanAsia Energy'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.
CECAF vs COP, EOG, FANG: Net Cash per Share Comparison
For the Oil & Gas E&P subindustry, CanAsia Energy'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.
CanAsia Energy Price-to-Net-Cash vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CanAsia Energy's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where CanAsia Energy's Price-to-Net-Cash falls into.
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.
CanAsia Energy's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CanAsia Energy (CECAF) has a Net Cash per Share of $-0.02 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on CanAsia Energy and its competitors. Over the past decade, CanAsia Energy's Net Cash per Share has ranged from 1.36 to 20.00. According to the industry distribution chart, CanAsia Energy ranks #999999 out of 132 companies in the Oil & Gas industry.
Is CanAsia Energy's Net Cash per Share too high?
CanAsia Energy's current Net Cash per Share is $-0.02. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 20.00. Based on the distribution chart, CanAsia Energy ranks #999999 out of 132 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CanAsia Energy has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does CanAsia Energy's Net Cash per Share compare to COP and EOG?
According to the Oil & Gas industry distribution chart, CanAsia Energy ranks #999999 out of 132 companies for Net Cash per Share. This places CanAsia Energy in the lower half of its industry. The industry median Net Cash per Share is 5.80. Historically, CanAsia Energy's own Net Cash per Share has ranged from 1.36 to 20.00 over the past decade. 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 Oil & Gas company?
The median Net Cash per Share among Oil & Gas companies is 5.80, based on 132 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 CanAsia Energy and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CanAsia Energy's current Net Cash per Share is $-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanAsia Energy stock overvalued right now?
CanAsia Energy (CECAF) has a current Net Cash per Share of $-0.02. The current Net Cash per Share is $-0.02. CanAsia Energy's overall GF Score™ is 34/100 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 CanAsia Energy (CECAF), the current Net Cash per Share is $-0.02 as of Mar. 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.
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
34GF Score
Get the complete analysis for CECAF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CECAF has been successfully added to your 
