Empress RoyaltyEMPYF +1.00%50 Net Current Asset Value is $0.11 as of Mar. 2026, which is 98% below its 10-year median of 5.92. GuruFocus rates EMPYF with a GF Score™ of 50/100 and a GF Value™ of $1.53 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,335 Metals & Mining companies, Empress Royalty ranks better than 55.13% 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).
Empress Royalty's net current asset value per share for the quarter that ended in Mar. 2026 was $0.11.
The historical rank and industry rank for Empress Royalty's Net Current Asset Value or its related term are showing as below:
EMPYF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.25 Med: 5.92 Max: 23.75
Current: 5.57
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Empress Royalty was 23.75. The lowest was 2.25. And the median was 5.92.
EMPYF's Price-to-Net-Current-Asset-Value is ranked better than 55.13% of 1335
companies
in the Metals & Mining industry
Industry Median: 6.67
vs EMPYF: 5.57
Empress Royalty (OTCPK:EMPYF) 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.
Empress Royalty Net Current Asset Value Related Terms
Empress Royalty Net Current Asset Value Historical Data
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The historical data trend for Empress Royalty'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.
For the Other Precious Metals & Mining subindustry, Empress Royalty'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.
Empress Royalty Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Empress Royalty's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Empress Royalty'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 $0.11 mean?
Empress Royalty (EMPYF) has a Net Current Asset Value of $0.11 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 Empress Royalty and its competitors. This is 98% below median its historical median of 5.92. Over the past decade, Empress Royalty's Net Current Asset Value has ranged from 2.25 to 23.75. According to the industry distribution chart, Empress Royalty ranks #599 out of 1335 companies in the Metals & Mining industry, placing it in the top 44.9%.
Is Empress Royalty's Net Current Asset Value too high?
Empress Royalty's current Net Current Asset Value of $0.11 is 98% below median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 23.75. The Metals & Mining industry median Net Current Asset Value is 6.67. Empress Royalty's value of $0.11 is 98.4% below this industry median. Based on the distribution chart, Empress Royalty ranks #599 out of 1335 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Empress Royalty has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empress Royalty's Net Current Asset Value compare to HL?
According to the Metals & Mining industry distribution chart, Empress Royalty ranks #599 out of 1335 companies for Net Current Asset Value. This puts Empress Royalty in the upper half of its industry. The industry median Net Current Asset Value is 6.67. Empress Royalty's value of $0.11 is 98.4% below this benchmark. Historically, Empress Royalty's own Net Current Asset Value has ranged from 2.25 to 23.75 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 6.67, Empress Royalty 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 a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.67, based on 1,335 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. Empress Royalty's current Net Current Asset Value of $0.11 is 98.4% 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 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 Empress Royalty and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empress Royalty's current Net Current Asset Value is $0.11, which is 98% below median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empress Royalty stock overvalued right now?
Based on GuruFocus' analysis, Empress Royalty (EMPYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.53, compared to a current price of $0.61 — trading 60% below its estimated fair value. The current Net Current Asset Value is $0.11, which is 98% below median its 10-year median of 5.92 and 98.4% below the Metals & Mining industry median of 6.67. Empress Royalty's overall GF Score™ is 50/100 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 Empress Royalty (EMPYF), the current Net Current Asset Value is $0.11 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 Empress Royalty (EMPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Empress Royalty stock appears to be undervalued.
The current stock price of $0.61 is trading 60% below its estimated GF Value™ of $1.53.
GuruFocus considers Empress Royalty to be Significantly Undervalued.
Key valuation signals for EMPYF:
Net Current Asset Value: $0.11 (98% below median its 10-year median of 5.92)
GF Value™: $1.53 vs. price of $0.61 (60% below fair value)
Industry Position: 98.4% below the Metals & Mining median (#599 of 1335)
No single metric tells the full story. See the EMPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empress Royalty Corp is a royalty and streaming creation company. It is engaged in the business of structuring and creating proprietary precious metal royalty and streaming agreements for its portfolio and may acquire certain interests from time to time. The company is focused on small to mid-tier producing or development stage mining companies, where immediate or near-term revenue can be generated, but may also consider earlier stage opportunities. Its revenue is derived from the Tahuehueto and Pinos stream in Mexico, the Sierra Antapite stream in Peru, the Galaxy stream in South Africa, and royalties on gold sales from the Manica gold project in Mozambique. The Company operates in a single segment, the creation and acquisition of royalty and stream interests.
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