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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).
Etihad Energy Holding PJSC's net current asset value per share for the quarter that ended in Jun. 2026 was د.إ-0.40.
The historical rank and industry rank for Etihad Energy Holding PJSC's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Etihad Energy Holding PJSC was 92.50. The lowest was 29.10. And the median was 60.80.
DFM:ETIHADENERGY's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.01 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Etihad Energy Holding PJSC (DFM:ETIHADENERGY) 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.
Etihad Energy Holding PJSC Net Current Asset Value Related Terms
Etihad Energy Holding PJSC Net Current Asset Value Historical Data
* 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.
Etihad Energy Holding PJSC Net Current Asset Value Chart
Etihad Energy Holding PJSC Net Current Asset Value Competitor Comparison
For the Marine Shipping subindustry, Etihad Energy Holding PJSC'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.
Etihad Energy Holding PJSC Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Etihad Energy Holding PJSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Etihad Energy Holding PJSC'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 د.إ-0.40 mean?
Etihad Energy Holding PJSC (DFM:ETIHADENERGY) has a Net Current Asset Value of د.إ-0.40 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Etihad Energy Holding PJSC and its competitors. Over the past decade, Etihad Energy Holding PJSC's Net Current Asset Value has ranged from 29.10 to 92.50. According to the industry distribution chart, Etihad Energy Holding PJSC ranks #999999 out of 359 companies in the Transportation industry.
Is Etihad Energy Holding PJSC's Net Current Asset Value too high?
Etihad Energy Holding PJSC's current Net Current Asset Value is د.إ-0.40. Over the past 10 years, this metric has ranged from a low of 29.10 to a high of 92.50. Based on the distribution chart, Etihad Energy Holding PJSC ranks #999999 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Etihad Energy Holding PJSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Etihad Energy Holding PJSC's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, Etihad Energy Holding PJSC ranks #999999 out of 359 companies for Net Current Asset Value. This places Etihad Energy Holding PJSC in the lower half of its industry. The industry median Net Current Asset Value is 4.01. Historically, Etihad Energy Holding PJSC's own Net Current Asset Value has ranged from 29.10 to 92.50 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 a Transportation company?
The median Net Current Asset Value among Transportation companies is 4.01, based on 359 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 Etihad Energy Holding PJSC and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etihad Energy Holding PJSC's current Net Current Asset Value is د.إ-0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etihad Energy Holding PJSC stock overvalued right now?
Based on GuruFocus' analysis, Etihad Energy Holding PJSC (DFM:ETIHADENERGY) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ4.04, compared to a current price of د.إ3.06 — trading 24.3% below its estimated fair value. The current Net Current Asset Value is د.إ-0.40. Etihad Energy Holding PJSC's overall GF Score™ is 57/100 with 9 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 Etihad Energy Holding PJSC (DFM:ETIHADENERGY), the current Net Current Asset Value is د.إ-0.40 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 Etihad Energy Holding PJSC (DFM:ETIHADENERGY) Overvalued in 2026?
Based on GuruFocus' analysis, Etihad Energy Holding PJSC stock appears to be undervalued.
The current stock price of د.إ3.06 is trading 24.3% below its estimated GF Value™ of د.إ4.04.
GuruFocus considers Etihad Energy Holding PJSC to be Modestly Undervalued.
Key valuation signals for DFM:ETIHADENERGY:
Net Current Asset Value: د.إ-0.40
GF Value™: د.إ4.04 vs. price of د.إ3.06 (24.3% below fair value)
No single metric tells the full story. See the DFM:ETIHADENERGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulf Navigation Holding PJSC is engaged in sea transport of oil and petroleum products and similar commodities, ship charter, shipping lines of freight and passenger transportation, sea freight and passenger charters, shipping services, sea shipping lines agents, clearing and forwarding services, cargo loading and unloading services, cargo packaging, sea cargo services, ship management operations and provision of storage and other ancillary processes of crude and clean oil. The company has two reportable segments: oil storage and related services and vessel chartering, shipping and technical services. It derives the majority of its revenue from oil storage and related services segment in the United Arab Emirates.
57GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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