VGAS (Verde Clean Fuels) Net Cash per Share: $1.16 (As of Mar. 2026) — 74% Below Median

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.

VGAS Verde Clean Fuels Inc VGAS
24 GF Score
Price $1.08
! 1 Warning Sign
View Full Analysis

What is Verde Clean Fuels Net Cash per Share?

Verde Clean Fuels VGAS 24 Net Cash per Share is $1.16 as of Mar. 2026, which is 74% below its 10-year median of 4.44. GuruFocus rates VGAS with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 50 Utilities - Independent Power Producers companies, Verde Clean Fuels ranks better than 92% 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). Verde Clean Fuels's Net Cash per Share for the quarter that ended in Mar. 2026 was $1.16.

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

VGAS' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.92   Med: 4.44   Max: 24.32
Current: 0.93

During the past 6 years, the highest Price-to-Net-Cash Ratio of Verde Clean Fuels was 24.32. The lowest was 0.92. And the median was 4.44.

VGAS's Price-to-Net-Cash is ranked better than
92% of 50 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.97 vs VGAS: 0.93

Verde Clean Fuels  (NAS:VGAS) 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.


Verde Clean Fuels Net Cash per Share Related Terms


Verde Clean Fuels Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Verde Clean 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.

Verde Clean Fuels Net Cash per Share Chart

Verde Clean Fuels Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial -0.99 -0.51 0.85 0.60 1.22

Verde Clean Fuels Quarterly Data
Dec20 Mar21 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 1.26 1.20 1.12 1.22 1.16

VGAS vs BESS, WNDW, AGIG: Net Cash per Share Comparison

For the Utilities - Renewable subindustry, Verde Clean 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.


Verde Clean Fuels Price-to-Net-Cash vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Verde Clean Fuels's Price-to-Net-Cash distribution charts can be found below:

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


VGAS
24GF Score
Verde Clean Fuels Inc VGAS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verde Clean 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.

Verde Clean 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)
=(57.215-2.112-28.276)/22.050
=1.22

Verde Clean Fuels'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)
=(54.281-1.572-27.09)/22.050
=1.16

* 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 $1.16 mean?
Verde Clean Fuels (VGAS) has a Net Cash per Share of $1.16 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 Verde Clean Fuels and its competitors. This is 74% below median its historical median of 4.44. Over the past decade, Verde Clean Fuels' Net Cash per Share has ranged from 0.92 to 24.32. According to the industry distribution chart, Verde Clean Fuels ranks #4 out of 50 companies in the Utilities - Independent Power Producers industry, placing it in the top 8%.
Is Verde Clean Fuels' Net Cash per Share too high?
Verde Clean Fuels' current Net Cash per Share of $1.16 is 74% below median its 10-year median of 4.44. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 24.32. The Utilities - Independent Power Producers industry median Net Cash per Share is 6.97. Verde Clean Fuels' value of $1.16 is 83.4% below this industry median. Based on the distribution chart, Verde Clean Fuels ranks #4 out of 50 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Verde Clean Fuels has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Verde Clean Fuels' Net Cash per Share compare to BESS and WNDW?
According to the Utilities - Independent Power Producers industry distribution chart, Verde Clean Fuels ranks #4 out of 50 companies for Net Cash per Share. This places Verde Clean Fuels in the top 8% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 6.97. Verde Clean Fuels' value of $1.16 is 83.4% below this benchmark. Historically, Verde Clean Fuels' own Net Cash per Share has ranged from 0.92 to 24.32 over the past decade. While the company's 10-year median is 4.44 vs. the industry median of 6.97, Verde Clean Fuels has consistently been below the industry average. 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 Utilities - Independent Power Producers company?
The median Net Cash per Share among Utilities - Independent Power Producers companies is 6.97, based on 50 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. Verde Clean Fuels's current Net Cash per Share of $1.16 is 83.4% below the industry median. 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 Verde Clean Fuels and its competitors. For the Utilities - Independent Power Producers industry, the median Net Cash per Share is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verde Clean Fuels's current Net Cash per Share is $1.16, which is 74% below median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verde Clean Fuels stock overvalued right now?
Verde Clean Fuels (VGAS) has a current Net Cash per Share of $1.16. The current Net Cash per Share is $1.16, which is 74% below median its 10-year median of 4.44 and 83.4% below the Utilities - Independent Power Producers industry median of 6.97. Verde Clean Fuels' overall GF Score™ is 24/100 with 1 warning sign 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 Verde Clean Fuels (VGAS), the current Net Cash per Share is $1.16 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.

Verde Clean Fuels Business Description

Address 711 Louisiana Street, Suite 2160, Houston, TX, USA, 77002
Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW, and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through a proprietary liquid fuels technology, the STG process.
24GF Score

Get the complete analysis for VGAS

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

$1.08
Price