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.
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.
PHX Energy ServicesFRA:7PX +5.65%68 Net Current Asset Value is €0.07 as of Mar. 2026, which is 100% below its 10-year median of 14.52. GuruFocus rates FRA:7PX with a GF Score™ of 68/100 and a GF Value™ of €6.28 (Fairly Valued). The stock has 5 warning signs investors should review. Among 299 Oil & Gas companies, PHX Energy Services ranks worse than 96.99% 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).
PHX Energy Services's net current asset value per share for the quarter that ended in Mar. 2026 was €0.07.
The historical rank and industry rank for PHX Energy Services's Net Current Asset Value or its related term are showing as below:
FRA:7PX'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.8 Med: 14.52 Max: 161
Current: 93.57
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PHX Energy Services was 161.00. The lowest was 2.80. And the median was 14.52.
FRA:7PX's Price-to-Net-Current-Asset-Value is ranked worse than 96.99% of 299
companies
in the Oil & Gas industry
Industry Median: 3.78
vs FRA:7PX: 93.57
PHX Energy Services (FRA:7PX) 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.
PHX Energy Services Net Current Asset Value Related Terms
PHX Energy Services Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PHX Energy Services'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.
FRA:7PX vs NE, RIG, VAL: Net Current Asset Value Comparison
For the Oil & Gas Drilling subindustry, PHX Energy Services'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.
PHX Energy Services Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PHX Energy Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PHX Energy Services'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 €0.07 mean?
PHX Energy Services (FRA:7PX) has a Net Current Asset Value of €0.07 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 PHX Energy Services and its competitors. This is 100% below median its historical median of 14.52. Over the past decade, PHX Energy Services' Net Current Asset Value has ranged from 2.80 to 161.00. According to the industry distribution chart, PHX Energy Services ranks #290 out of 299 companies in the Oil & Gas industry, placing it in the top 97%.
Is PHX Energy Services' Net Current Asset Value too high?
PHX Energy Services' current Net Current Asset Value of €0.07 is 100% below median its 10-year median of 14.52. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 161.00. Based on the distribution chart, PHX Energy Services ranks #290 out of 299 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PHX Energy Services has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PHX Energy Services' Net Current Asset Value compare to NE and RIG?
According to the Oil & Gas industry distribution chart, PHX Energy Services ranks #290 out of 299 companies for Net Current Asset Value. This places PHX Energy Services in the lower half of its industry. The industry median Net Current Asset Value is 3.78. Historically, PHX Energy Services' own Net Current Asset Value has ranged from 2.80 to 161.00 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 3.78, based on 299 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 PHX Energy Services and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PHX Energy Services's current Net Current Asset Value is €0.07, which is 100% below median its own 10-year median of 14.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PHX Energy Services stock overvalued right now?
Based on GuruFocus' analysis, PHX Energy Services (FRA:7PX) is currently considered Fairly Valued. The stock's GF Value™ is €6.28, compared to a current price of €6.55 — trading 4.3% above its estimated fair value. The current Net Current Asset Value is €0.07, which is 100% below median its 10-year median of 14.52. PHX Energy Services' overall GF Score™ is 68/100 with 5 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 PHX Energy Services (FRA:7PX), the current Net Current Asset Value is €0.07 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 PHX Energy Services (FRA:7PX) Overvalued in 2026?
Based on GuruFocus' analysis, PHX Energy Services stock appears to be overvalued.
The current stock price of €6.55 is trading 4.3% above its estimated GF Value™ of €6.28.
GuruFocus considers PHX Energy Services to be Fairly Valued.
Key valuation signals for FRA:7PX:
Net Current Asset Value: €0.07 (100% below median its 10-year median of 14.52)
GF Value™: €6.28 vs. price of €6.55 (4.3% above fair value)
No single metric tells the full story. See the FRA:7PX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada, the United States, and the Middle East regions. The company generates its revenue from Directional drilling services, Motor rental, and Sale of motor equipment and parts. The company derives maximum revenue from Directional drilling services. Geographically, the company generates the majority of its revenue from the United States followed by Canada and others.
68GF Score
Get the complete analysis for FRA:7PX
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:7PX has been successfully added to your 
