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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).
Energy Services of America's net current asset value per share for the quarter that ended in Jun. 2026 was $0.75.
The historical rank and industry rank for Energy Services of America's Net Current Asset Value or its related term are showing as below:
ESOA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.19 Med: 3.19 Max: 26.52
Current: 15.53
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Energy Services of America was 26.52. The lowest was 1.19. And the median was 3.19.
ESOA's Price-to-Net-Current-Asset-Value is ranked worse than 86.82% of 1070
companies
in the Construction industry
Industry Median: 3.34
vs ESOA: 15.53
Energy Services of America (NAS:ESOA) 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.
Energy Services of America Net Current Asset Value Related Terms
Energy Services of America 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.
Energy Services of America Net Current Asset Value Chart
ESOA vs SHIM, MCDIF, MTRX: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Energy Services of America'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.
Energy Services of America Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Energy Services of America's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Energy Services of America'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 $0.75 mean?
Energy Services of America (ESOA) has a Net Current Asset Value of $0.75 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 Energy Services of America and its competitors. According to the industry distribution chart, Energy Services of America ranks #929 out of 1070 companies in the Construction industry, placing it in the top 86.8%.
Is Energy Services of America's Net Current Asset Value too high?
Energy Services of America's current Net Current Asset Value is $0.75. The Construction industry median Net Current Asset Value is 3.34. Energy Services of America's value of $0.75 is 77.5% below this industry median. Based on the distribution chart, Energy Services of America ranks #929 out of 1070 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Energy Services of America has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Net Current Asset Value compare to SHIM and MCDIF?
According to the Construction industry distribution chart, Energy Services of America ranks #929 out of 1070 companies for Net Current Asset Value. This places Energy Services of America in the lower half of its industry. The industry median Net Current Asset Value is 3.34. Energy Services of America's value of $0.75 is 77.5% below this benchmark. 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.34, based on 1,070 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. Energy Services of America's current Net Current Asset Value of $0.75 is 77.5% 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 Energy Services of America and its competitors. For the Construction industry, the median Net Current Asset Value is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Services of America's current Net Current Asset Value is $0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (ESOA) is currently considered Fairly Valued. The stock's GF Value™ is $11.23, compared to a current price of $11.65 — trading 3.7% above its estimated fair value. The current Net Current Asset Value is $0.75 and 77.5% below the Construction industry median of 3.34. Energy Services of America's overall GF Score™ is 88/100 with 2 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 Energy Services of America (ESOA), the current Net Current Asset Value is $0.75 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 Energy Services of America (ESOA) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued.
The current stock price of $11.65 is trading 3.7% above its estimated GF Value™ of $11.23.
GuruFocus considers Energy Services of America to be Fairly Valued.
Key valuation signals for ESOA:
Net Current Asset Value: $0.75
GF Value™: $11.23 vs. price of $11.65 (3.7% above fair value)
Industry Position: 77.5% below the Construction median (#929 of 1070)
No single metric tells the full story. See the ESOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
88GF 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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