KGS (Kodiak Gas Services) Net Cash per Share: $-31.73 (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.

KGS Kodiak Gas Services Inc KGS
54 GF Score
Price $65.35
GF Value $37.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kodiak Gas Services Net Cash per Share?

Kodiak Gas Services KGS +4.74% 54 Net Cash per Share is $-31.73 as of Jun. 2026. GuruFocus rates KGS with a GF Score™ of 54/100 and a GF Value™ of $37.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 130 Oil & Gas companies, Kodiak Gas Services ranks worse than 769230% 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). Kodiak Gas Services's Net Cash per Share for the quarter that ended in Jun. 2026 was $-31.73.

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

KGS's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 5.66
* Ranked among companies with meaningful Price-to-Net-Cash only.

Kodiak Gas Services  (NYSE:KGS) 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.


Kodiak Gas Services Net Cash per Share Related Terms


Kodiak Gas Services Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Kodiak Gas Services'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.

Kodiak Gas Services Net Cash per Share Chart

Kodiak Gas Services Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
-26.97 -39.41 -27.08 -34.97 -36.29

Kodiak Gas Services Quarterly Data
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 -34.65 -36.01 -36.29 -37.40 -31.73

KGS vs AROC, WFRD, OII: Net Cash per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Kodiak Gas Services'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.


Kodiak Gas Services Price-to-Net-Cash vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kodiak Gas Services's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Kodiak Gas Services's Price-to-Net-Cash falls into.


KGS
54GF Score
Kodiak Gas Services Inc KGS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kodiak Gas Services 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.

Kodiak Gas Services'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)
=(3.179-3110.621-4.91)/85.753
=-36.29

Kodiak Gas Services'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)
=(137.553-3336.205-3.159)/100.919
=-31.73

* 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 $-31.73 mean?
Kodiak Gas Services (KGS) has a Net Cash per Share of $-31.73 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 Kodiak Gas Services and its competitors. According to the industry distribution chart, Kodiak Gas Services ranks #999999 out of 130 companies in the Oil & Gas industry.
Is Kodiak Gas Services' Net Cash per Share too high?
Kodiak Gas Services' current Net Cash per Share is $-31.73. Based on the distribution chart, Kodiak Gas Services ranks #999999 out of 130 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Kodiak Gas Services has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodiak Gas Services' Net Cash per Share compare to AROC and WFRD?
According to the Oil & Gas industry distribution chart, Kodiak Gas Services ranks #999999 out of 130 companies for Net Cash per Share. This places Kodiak Gas Services in the lower half of its industry. The industry median Net Cash per Share is 5.66. 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 5.66, based on 130 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 Kodiak Gas Services and its competitors. For the Oil & Gas industry, the median Net Cash per Share is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Gas Services's current Net Cash per Share is $-31.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodiak Gas Services stock overvalued right now?
Based on GuruFocus' analysis, Kodiak Gas Services (KGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.94, compared to a current price of $65.35 — trading 72.2% above its estimated fair value. The current Net Cash per Share is $-31.73. Kodiak Gas Services' overall GF Score™ is 54/100 with 4 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 Kodiak Gas Services (KGS), the current Net Cash per Share is $-31.73 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.

Is Kodiak Gas Services (KGS) Overvalued in 2026?

Based on GuruFocus' analysis, Kodiak Gas Services stock appears to be overvalued. The current stock price of $65.35 is trading 72.2% above its estimated GF Value™ of $37.94. GuruFocus considers Kodiak Gas Services to be Significantly Overvalued.

Key valuation signals for KGS:

  • Net Cash per Share: $-31.73
  • GF Value™: $37.94 vs. price of $65.35 (72.2% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the KGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kodiak Gas Services Business Description

Industry EnergyOil & Gas
Other Exchanges Q41:Germany
Address 9950 Woodloch Forest Drive, Suite 1900, The Woodlands, TX, USA, 77380
Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. The company manages its business through two operating segments: Contract Services and Other Services. Contract Services consists of operating company-owned and customer-owned compression, gas treating, and cooling infrastructure, pursuant to fixed-revenue contracts to enable the production and gathering of natural gas and oil. Other Services consist of a full range of contract services to support the ancillary needs of customers, including station construction, maintenance and overhaul, freight and crane charges, and other time and material-based offerings. Maximum revenue for the company is generated from its Contract Services segment.
54GF Score

Get the complete analysis for KGS

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$65.35
Price
$37.94
GF Value