Southern Gas Trading JSC (HSTC:PGS) Net Current Asset Value: ₫876.74 (As of Mar. 2026) — 678% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

HSTC:PGS Southern Gas Trading JSC HSTC:PGS
64 GF Score
Price ₫56,700.00
GF Value ₫31,123.39
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Southern Gas Trading JSC Net Current Asset Value?

Southern Gas Trading JSC HSTC:PGS -9.86% 64 Net Current Asset Value is ₫876.74 as of Mar. 2026, which is 100% below its 10-year median of 112.71. GuruFocus rates HSTC:PGS with a GF Score™ of 64/100 and a GF Value™ of ₫31,123.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 300 Oil & Gas companies, Southern Gas Trading JSC ranks worse than 95.67% 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).

Southern Gas Trading JSC's net current asset value per share for the quarter that ended in Mar. 2026 was ₫876.74.

The historical rank and industry rank for Southern Gas Trading JSC's Net Current Asset Value or its related term are showing as below:

HSTC:PGS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 60.34   Med: 112.71   Max: 546.35
Current: 64.67

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Southern Gas Trading JSC was 546.35. The lowest was 60.34. And the median was 112.71.

HSTC:PGS's Price-to-Net-Current-Asset-Value is ranked worse than
95.67% of 300 companies
in the Oil & Gas industry
Industry Median: 3.845 vs HSTC:PGS: 64.67

Southern Gas Trading JSC  (HSTC:PGS) 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.


Southern Gas Trading JSC Net Current Asset Value Related Terms


Southern Gas Trading JSC Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Southern Gas Trading JSC'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.

Southern Gas Trading JSC Net Current Asset Value Chart

Southern Gas Trading JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,576.71 -4,188.21 -2,987.58 -1,147.49 -291.08

Southern Gas Trading JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 56.74 -533.07 399.27 -291.08 876.74

HSTC:PGS vs XOM, CVX: Net Current Asset Value Comparison

For the Oil & Gas Integrated subindustry, Southern Gas Trading JSC'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.


Southern Gas Trading JSC Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

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

* The bar in red indicates where Southern Gas Trading JSC's Price-to-Net-Current-Asset-Value falls into.


HSTC:PGS
64GF Score
Southern Gas Trading JSC HSTC:PGS
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Gas Trading JSC Net Current Asset Value Calculation

Southern Gas Trading JSC's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1520535.649-1535089.142-0-0)/49.999
=-291.08

Southern Gas Trading JSC's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1417988.032-1374151.987-0-0)/49.999
=876.74

* 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 ₫876.74 mean?
Southern Gas Trading JSC (HSTC:PGS) has a Net Current Asset Value of ₫876.74 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 Southern Gas Trading JSC and its competitors. This is 678% above median its historical median of 112.71. Over the past decade, Southern Gas Trading JSC's Net Current Asset Value has ranged from 60.34 to 546.35. According to the industry distribution chart, Southern Gas Trading JSC ranks #287 out of 300 companies in the Oil & Gas industry, placing it in the top 95.7%.
Is Southern Gas Trading JSC's Net Current Asset Value too high?
Southern Gas Trading JSC's current Net Current Asset Value of ₫876.74 is 678% above median its 10-year median of 112.71. Over the past 10 years, this metric has ranged from a low of 60.34 to a high of 546.35. Based on the distribution chart, Southern Gas Trading JSC ranks #287 out of 300 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Southern Gas Trading JSC has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Gas Trading JSC's Net Current Asset Value compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Southern Gas Trading JSC ranks #287 out of 300 companies for Net Current Asset Value. This places Southern Gas Trading JSC in the lower half of its industry. The industry median Net Current Asset Value is 3.85. Historically, Southern Gas Trading JSC's own Net Current Asset Value has ranged from 60.34 to 546.35 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 3.85, based on 300 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 Southern Gas Trading JSC and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Gas Trading JSC's current Net Current Asset Value is ₫876.74, which is 678% above median its own 10-year median of 112.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Gas Trading JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Gas Trading JSC (HSTC:PGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫31,123.39, compared to a current price of ₫56,700.00 — trading 82.2% above its estimated fair value. The current Net Current Asset Value is ₫876.74, which is 678% above median its 10-year median of 112.71. Southern Gas Trading JSC's overall GF Score™ is 64/100 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 Southern Gas Trading JSC (HSTC:PGS), the current Net Current Asset Value is ₫876.74 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 Southern Gas Trading JSC (HSTC:PGS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Gas Trading JSC stock appears to be overvalued. The current stock price of ₫56,700.00 is trading 82.2% above its estimated GF Value™ of ₫31,123.39. GuruFocus considers Southern Gas Trading JSC to be Significantly Overvalued.

Key valuation signals for HSTC:PGS:

  • Net Current Asset Value: ₫876.74 (678% above median its 10-year median of 112.71)
  • GF Value™: ₫31,123.39 vs. price of ₫56,700.00 (82.2% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the HSTC:PGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Gas Trading JSC Business Description

Industry EnergyOil & Gas
Address No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is engaged in the retail of liquefied petroleum gas (LPG), compressed natural gas (CNG), and liquefied natural gas (LNG); electricity production, transmission, and distribution; production of metal containers for compressed and liquefied petroleum gas; repair, maintenance, and operation of LPG, CNG, and LNG tanks, pipelines, storage facilities, machinery, and equipment; architectural, technical, construction, and investment consultancy activities for LPG, LNG, and CNG projects and systems; and completion of construction projects. Its products and services include Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), LPG Cylinder, and Certificate of Liability Insurance.
64GF Score

Get the complete analysis for HSTC:PGS

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫56,700.00
Price
₫31,123.39
GF Value