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North Energy ASA (OSL:NORTH) 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.
North Energy ASA Net Cash per Share Related Terms
North Energy ASA Net Cash per Share Historical Data
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The historical data trend for North Energy ASA'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.
OSL:NORTH vs BLK, BX, KKR: Net Cash per Share Comparison
For the Asset Management subindustry, North Energy ASA'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.
North Energy ASA Price-to-Net-Cash vs Asset Management Industry
For the Asset Management industry and Financial Services sector, North Energy ASA's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where North Energy ASA'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.
North Energy ASA'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.
North Energy ASA (OSL:NORTH) has a Net Cash per Share of kr0.55 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 North Energy ASA and its competitors. According to the industry distribution chart, North Energy ASA ranks #155 out of 455 companies in the Asset Management industry, placing it in the top 34.1%.
Is North Energy ASA's Net Cash per Share too high?
North Energy ASA's current Net Cash per Share is kr0.55. Based on the distribution chart, North Energy ASA ranks #155 out of 455 companies in the Asset Management industry, which is above the industry midpoint. Overall, North Energy ASA has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North Energy ASA's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #155 out of 455 companies for Net Cash per Share. This puts North Energy ASA in the upper half of its industry. The industry median Net Cash per Share is 6.25. 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 Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.25, based on 455 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 North Energy ASA and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current Net Cash per Share is kr0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, North Energy ASA (OSL:NORTH) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.86, compared to a current price of kr2.45 — trading 68.8% below its estimated fair value. The current Net Cash per Share is kr0.55. North Energy ASA's overall GF Score™ is 46/100 with 5 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 North Energy ASA (OSL:NORTH), the current Net Cash per Share is kr0.55 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 North Energy ASA (OSL:NORTH) Overvalued in 2026?
Based on GuruFocus' analysis, North Energy ASA stock appears to be undervalued.
The current stock price of kr2.45 is trading 68.8% below its estimated GF Value™ of kr7.86.
GuruFocus considers North Energy ASA to be Possible Value Trap.
Key valuation signals for OSL:NORTH:
Net Cash per Share: kr0.55
GF Value™: kr7.86 vs. price of kr2.45 (68.8% below fair value)
No single metric tells the full story. See the OSL:NORTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment, the investment activities. The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities.
46GF Score
Get the complete analysis for OSL:NORTH
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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