Atlas EnergyCANSF 31 Net Current Asset Value is $0.03 as of Mar. 2026, which is 99% below its 10-year median of 4.25. GuruFocus rates CANSF with a GF Score™ of 31/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 296 Oil & Gas companies, Atlas Energy ranks better than 52.36% 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).
Atlas Energy's net current asset value per share for the quarter that ended in Mar. 2026 was $0.03.
The historical rank and industry rank for Atlas Energy's Net Current Asset Value or its related term are showing as below:
CANSF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.8 Med: 4.25 Max: 12.5
Current: 4.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Atlas Energy was 12.50. The lowest was 0.80. And the median was 4.25.
CANSF's Price-to-Net-Current-Asset-Value is ranked better than 52.36% of 296
companies
in the Oil & Gas industry
Industry Median: 3.835
vs CANSF: 4.06
Atlas Energy (OTCPK:CANSF) 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 Grahams 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.
Atlas Energy Net Current Asset Value Related Terms
Atlas Energy Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Atlas Energy'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.
CANSF vs WMB, EPD, KMI: Net Current Asset Value Comparison
For the Oil & Gas Midstream subindustry, Atlas Energy'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.
Atlas Energy Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Atlas Energy's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Atlas Energy's Price-to-Net-Current-Asset-Value falls into.
* 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 $0.03 mean?
Atlas Energy (CANSF) has a Net Current Asset Value of $0.03 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Atlas Energy and its competitors. This is 99% below median its historical median of 4.25. Over the past decade, Atlas Energy's Net Current Asset Value has ranged from 0.80 to 12.50. According to the industry distribution chart, Atlas Energy ranks #141 out of 296 companies in the Oil & Gas industry, placing it in the top 47.6%.
Is Atlas Energy's Net Current Asset Value too high?
Atlas Energy's current Net Current Asset Value of $0.03 is 99% below median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 12.50. The Oil & Gas industry median Net Current Asset Value is 3.84. Atlas Energy's value of $0.03 is 99.2% below this industry median. Based on the distribution chart, Atlas Energy ranks #141 out of 296 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Atlas Energy has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Energy's Net Current Asset Value compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Atlas Energy ranks #141 out of 296 companies for Net Current Asset Value. This puts Atlas Energy in the upper half of its industry. The industry median Net Current Asset Value is 3.84. Atlas Energy's value of $0.03 is 99.2% below this benchmark. Historically, Atlas Energy's own Net Current Asset Value has ranged from 0.80 to 12.50 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 3.84, Atlas Energy 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 Current Asset Value for an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.84, based on 296 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. Atlas Energy's current Net Current Asset Value of $0.03 is 99.2% 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 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 Atlas Energy and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Energy's current Net Current Asset Value is $0.03, which is 99% below median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Energy stock overvalued right now?
Based on GuruFocus' analysis, Atlas Energy (CANSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.12 — trading 103% above its estimated fair value. The current Net Current Asset Value is $0.03, which is 99% below median its 10-year median of 4.25 and 99.2% below the Oil & Gas industry median of 3.84. Atlas Energy's overall GF Score™ is 31/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Atlas Energy (CANSF), the current Net Current Asset Value is $0.03 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 Atlas Energy (CANSF) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Energy stock appears to be overvalued.
The current stock price of $0.12 is trading 103% above its estimated GF Value™ of $0.06.
GuruFocus considers Atlas Energy to be Significantly Overvalued.
Key valuation signals for CANSF:
Net Current Asset Value: $0.03 (99% below median its 10-year median of 4.25)
GF Value™: $0.06 vs. price of $0.12 (103% above fair value)
Industry Position: 99.2% below the Oil & Gas median (#141 of 296)
No single metric tells the full story. See the CANSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Energy Corp is a Canadian Oil and Gas development company. The company is focused on the acquisition and management of a portfolio of international upstream oil and gas royalty and streaming transactions. Atlas also evaluates royalty and streaming opportunities in the North American market. Atlas also focuses on the acquisition of international royalty and stream interests on proved and developed petroleum and natural gas reserves that are revenue generating and counter-cyclical to provide commodity upside and long-term organic growth.
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