Finder Energy Holdings (ASX:FDR) Net Current Asset Value: A$0.02 (As of Dec. 2025) — 100% 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.

ASX:FDR Finder Energy Holdings Ltd ASX:FDR
15 GF Score
Price A$0.33
! 4 Warning Signs
View Full Analysis

What is Finder Energy Holdings Net Current Asset Value?

Finder Energy Holdings ASX:FDR 15 Net Current Asset Value is A$0.02 as of Dec. 2025, which is 100% below its 10-year median of 7.60. GuruFocus rates ASX:FDR with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 302 Oil & Gas companies, Finder Energy Holdings ranks worse than 80.46% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Finder Energy Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.02.

The historical rank and industry rank for Finder Energy Holdings's Net Current Asset Value or its related term are showing as below:

ASX:FDR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.3   Med: 7.6   Max: 20
Current: 16.25

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Finder Energy Holdings was 20.00. The lowest was 1.30. And the median was 7.60.

ASX:FDR's Price-to-Net-Current-Asset-Value is ranked worse than
80.46% of 302 companies
in the Oil & Gas industry
Industry Median: 3.89 vs ASX:FDR: 16.25

Finder Energy Holdings  (ASX:FDR) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Finder Energy Holdings Net Current Asset Value Related Terms


Finder Energy Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Finder Energy Holdings's Net Current Asset Value 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.

Finder Energy Holdings Net Current Asset Value Chart

Finder Energy Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
0.03 0.01 0.00 -0.02 0.02

Finder Energy Holdings Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only -0.01 -0.02 0.03 0.02 0.02

ASX:FDR vs COP, EOG, FANG: Net Current Asset Value Comparison

For the Oil & Gas E&P subindustry, Finder Energy Holdings's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Finder Energy Holdings Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Finder Energy Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Finder Energy Holdings's Price-to-Net-Current-Asset-Value falls into.


ASX:FDR
15GF Score
Finder Energy Holdings Ltd ASX:FDR
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finder Energy Holdings Net Current Asset Value Calculation

Finder Energy Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5.293-0.891-0-0)/284.288
=0.02

Finder Energy Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(17.951-9.667-0-0)/442.352
=0.02

* 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.

What does a Net Current Asset Value of A$0.02 mean?
Finder Energy Holdings (ASX:FDR) has a Net Current Asset Value of A$0.02 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Finder Energy Holdings and its competitors. This is 100% below median its historical median of 7.60. Over the past decade, Finder Energy Holdings' Net Current Asset Value has ranged from 1.30 to 20.00. According to the industry distribution chart, Finder Energy Holdings ranks #243 out of 302 companies in the Oil & Gas industry, placing it in the top 80.5%.
Is Finder Energy Holdings' Net Current Asset Value too high?
Finder Energy Holdings' current Net Current Asset Value of A$0.02 is 100% below median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 20.00. Based on the distribution chart, Finder Energy Holdings ranks #243 out of 302 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Finder Energy Holdings has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Finder Energy Holdings' Net Current Asset Value compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Finder Energy Holdings ranks #243 out of 302 companies for Net Current Asset Value. This places Finder Energy Holdings in the lower half of its industry. The industry median Net Current Asset Value is 3.89. Historically, Finder Energy Holdings' own Net Current Asset Value has ranged from 1.30 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 Current Asset Value for an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.89, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Finder Energy Holdings and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finder Energy Holdings's current Net Current Asset Value is A$0.02, which is 100% below median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finder Energy Holdings stock overvalued right now?
Finder Energy Holdings (ASX:FDR) has a current Net Current Asset Value of A$0.02. The current Net Current Asset Value is A$0.02, which is 100% below median its 10-year median of 7.60. Finder Energy Holdings' overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Finder Energy Holdings (ASX:FDR), the current Net Current Asset Value is A$0.02 as of Dec. 2025. 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.

Finder Energy Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges E40:Germany
Address 85 South Perth Esplanade, Suite 1, Level 4, South Shore Centre, South Perth, Perth, WA, AUS, 6151
Finder Energy Holdings Ltd is an oil and gas exploration company. It is engaged in oil and gas exploration in two geographic locations which are also its reportable segments; the North West Shelf off the coast of Western Australia and in the North Sea in the United Kingdom. The company generates maximum income from its operations in Australia.
15GF Score

Get the complete analysis for ASX:FDR

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

A$0.33
Price