BRS Resources (FRA:B4G) Net Current Asset Value: €0.23 (As of Apr. 2026) — 99% Below Median

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FRA:B4G BRS Resources Ltd FRA:B4G
19 GF Score
Price €0.12
! 1 Warning Sign
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What is BRS Resources Net Current Asset Value?

BRS Resources FRA:B4G +13.08% 19 Net Current Asset Value is €0.23 as of Apr. 2026, which is 100% below its 10-year median of 35.00. GuruFocus rates FRA:B4G with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 299 Oil & Gas companies, BRS Resources ranks better than 96.66% 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).

BRS Resources's net current asset value per share for the quarter that ended in Apr. 2026 was €0.23.

The historical rank and industry rank for BRS Resources's Net Current Asset Value or its related term are showing as below:

FRA:B4G' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.57   Med: 35   Max: 60
Current: 0.58

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of BRS Resources was 60.00. The lowest was 0.57. And the median was 35.00.

FRA:B4G's Price-to-Net-Current-Asset-Value is ranked better than
96.66% of 299 companies
in the Oil & Gas industry
Industry Median: 3.88 vs FRA:B4G: 0.58

BRS Resources  (FRA:B4G) 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 Graham’s 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.


BRS Resources Net Current Asset Value Related Terms


BRS Resources Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for BRS Resources'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.

BRS Resources Net Current Asset Value Chart

BRS Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.05 -0.02 -0.11 0.14

BRS Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.09 0.14 0.10 0.23

FRA:B4G vs COP, EOG, FANG: Net Current Asset Value Comparison

For the Oil & Gas E&P subindustry, BRS Resources'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.


BRS Resources Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BRS Resources's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where BRS Resources's Price-to-Net-Current-Asset-Value falls into.


FRA:B4G
19GF Score
BRS Resources Ltd FRA:B4G
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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BRS Resources Net Current Asset Value Calculation

BRS Resources's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net Current Asset Value Per Share(A: Oct. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5.456-0.917-0-0)/32.352
=0.14

BRS Resources's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8.456-0.932-0-0)/33.252
=0.23

* 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 €0.23 mean?
BRS Resources (FRA:B4G) has a Net Current Asset Value of €0.23 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on BRS Resources and its competitors. This is 99% below median its historical median of 35.00. Over the past decade, BRS Resources' Net Current Asset Value has ranged from 0.57 to 60.00. According to the industry distribution chart, BRS Resources ranks #10 out of 299 companies in the Oil & Gas industry, placing it in the top 3.3%.
Is BRS Resources' Net Current Asset Value too high?
BRS Resources' current Net Current Asset Value of €0.23 is 99% below median its 10-year median of 35.00. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 60.00. Based on the distribution chart, BRS Resources ranks #10 out of 299 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, BRS Resources has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does BRS Resources' Net Current Asset Value compare to COP and EOG?
According to the Oil & Gas industry distribution chart, BRS Resources ranks #10 out of 299 companies for Net Current Asset Value. This places BRS Resources in the top 3% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.88. Historically, BRS Resources' own Net Current Asset Value has ranged from 0.57 to 60.00 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 3.88, 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 BRS Resources and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRS Resources's current Net Current Asset Value is €0.23, which is 99% below median its own 10-year median of 35.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRS Resources stock overvalued right now?
BRS Resources (FRA:B4G) has a current Net Current Asset Value of €0.23. The current Net Current Asset Value is €0.23, which is 99% below median its 10-year median of 35.00. BRS Resources' overall GF Score™ is 19/100 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 BRS Resources (FRA:B4G), the current Net Current Asset Value is €0.23 as of Apr. 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.

BRS Resources Business Description

Industry EnergyOil & Gas
Other Exchanges BSREF:USABRS:Canada
Address 1441 Johnston Road, Suite 308, White Rock, Vancouver, BC, CAN, V4B 3Z7
BRS Resources Ltd is a mineral exploration company. The company is engaged in identifying, acquiring, exploring, and evaluating mineral properties in Canada. The portfolio of the company includes the Cowtrail Gold-Copper Mining Project, Mining in the Golden Triangle Region, and other projects. The company operates in Canada and USA.
19GF 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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