PESAF (Panoro Energy ASA) Net Cash per Share: $-4.11 (As of Mar. 2026)

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PESAF Panoro Energy ASA PESAF
77 GF Score
Price $2.98
GF Value $3.32
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Panoro Energy ASA Net Cash per Share?

Panoro Energy ASA PESAF 77 Net Cash per Share is $-4.11 as of Mar. 2026. GuruFocus rates PESAF with a GF Score™ of 77/100 and a GF Value™ of $3.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 130 Oil & Gas companies, Panoro Energy ASA 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). Panoro Energy ASA's Net Cash per Share for the quarter that ended in Mar. 2026 was $-4.11.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Panoro Energy ASA was 77.65. The lowest was 77.65. And the median was 77.65.

PESAF's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 6.25
* Ranked among companies with meaningful Price-to-Net-Cash only.

Panoro Energy ASA  (OTCPK:PESAF) 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.


Panoro Energy ASA Net Cash per Share Related Terms


Panoro Energy ASA Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Panoro 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.

Panoro Energy ASA Net Cash per Share Chart

Panoro Energy ASA 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 -3.22 -2.64 -2.98 -3.19 -3.34

Panoro Energy ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -3.51 -3.50 -3.49 -3.34 -4.11

PESAF vs COP, EOG, FANG: Net Cash per Share Comparison

For the Oil & Gas E&P subindustry, Panoro 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.


Panoro Energy ASA Price-to-Net-Cash vs Oil & Gas Industry

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

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


PESAF
77GF Score
Panoro Energy ASA PESAF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Panoro Energy ASA 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.

Panoro Energy ASA'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)
=(77.025-451.141-0)/112.135
=-3.34

Panoro Energy ASA's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(70.935-614.043-0)/132.135
=-4.11

* 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 $-4.11 mean?
Panoro Energy ASA (PESAF) has a Net Cash per Share of $-4.11 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 Panoro Energy ASA and its competitors. Over the past decade, Panoro Energy ASA's Net Cash per Share has ranged from 77.65 to 77.65. According to the industry distribution chart, Panoro Energy ASA ranks #999999 out of 130 companies in the Oil & Gas industry.
Is Panoro Energy ASA's Net Cash per Share too high?
Panoro Energy ASA's current Net Cash per Share is $-4.11. Over the past 10 years, this metric has ranged from a low of 77.65 to a high of 77.65. Based on the distribution chart, Panoro Energy ASA ranks #999999 out of 130 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Panoro Energy ASA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panoro Energy ASA's Net Cash per Share compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Panoro Energy ASA ranks #999999 out of 130 companies for Net Cash per Share. This places Panoro Energy ASA in the lower half of its industry. The industry median Net Cash per Share is 6.25. Historically, Panoro Energy ASA's own Net Cash per Share has ranged from 77.65 to 77.65 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 6.25, 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 Panoro Energy ASA and its competitors. For the Oil & Gas 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. Panoro Energy ASA's current Net Cash per Share is $-4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panoro Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, Panoro Energy ASA (PESAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.32, compared to a current price of $2.98 — trading 10.2% below its estimated fair value. The current Net Cash per Share is $-4.11. Panoro Energy ASA's overall GF Score™ is 77/100 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 Panoro Energy ASA (PESAF), the current Net Cash per Share is $-4.11 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.

Is Panoro Energy ASA (PESAF) Overvalued in 2026?

Based on GuruFocus' analysis, Panoro Energy ASA stock appears to be undervalued. The current stock price of $2.98 is trading 10.2% below its estimated GF Value™ of $3.32. GuruFocus considers Panoro Energy ASA to be Modestly Undervalued.

Key valuation signals for PESAF:

  • Net Cash per Share: $-4.11
  • GF Value™: $3.32 vs. price of $2.98 (10.2% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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


Panoro Energy ASA Business Description

Industry EnergyOil & Gas
Address c/o Advokatfirmaet BAHR AS, Tjuvholmen alle 16, Postboks 1524 Vika, Oslo, NOR, 1117
Panoro Energy ASA is a Norway-based exploration and production company principally engaged in the exploration of oil and gas. The Group has five reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia, South Africa, and Corporate and Others. The company derives maximum revenue from Gabon segment.
77GF Score

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

$2.98
Price
$3.32
GF Value