MEEEF (Metal Energy) Net Current Asset Value: $0.04 (As of Mar. 2026) — 90% Below Median


MEEEF Metal Energy Corp MEEEF
37 GF Score
Price $0.65
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What is Metal Energy Net Current Asset Value?

Metal Energy MEEEF +2.25% 37 Net Current Asset Value is $0.04 as of Mar. 2026, which is 90% below its 10-year median of 0.41. GuruFocus rates MEEEF with a GF Score™ of 37/100. Among 1,338 Metals & Mining companies, Metal Energy ranks worse than 82.66% 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).

Metal Energy's net current asset value per share for the quarter that ended in Mar. 2026 was $0.04.

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

MEEEF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.25   Med: 0.41   Max: 21.82
Current: 21.82

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Metal Energy was 21.82. The lowest was 0.25. And the median was 0.41.

MEEEF's Price-to-Net-Current-Asset-Value is ranked worse than
82.66% of 1338 companies
in the Metals & Mining industry
Industry Median: 6.8 vs MEEEF: 21.82

Metal Energy  (OTCPK:MEEEF) 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.


Metal Energy Net Current Asset Value Related Terms


Metal Energy Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Metal Energy'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.

Metal Energy Net Current Asset Value Chart

Metal Energy Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
0.31 0.10 0.06 -0.08 0.04

Metal Energy 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 -0.08 -0.10 -0.09 0.04 0.04

Metal Energy Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Metal Energy'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.


Metal Energy Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metal Energy's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


MEEEF
37GF Score
Metal Energy Corp MEEEF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Metal Energy Net Current Asset Value Calculation

Metal Energy'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)
=(7.102-5.337-0-0)/44.916
=0.04

Metal Energy'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)
=(6.761-4.988-0-0)/46.352
=0.04

* 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 $0.04 mean?
Metal Energy (MEEEF) has a Net Current Asset Value of $0.04 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 Metal Energy and its competitors. This is 90% below median its historical median of 0.41. Over the past decade, Metal Energy's Net Current Asset Value has ranged from 0.25 to 21.82. According to the industry distribution chart, Metal Energy ranks #1106 out of 1338 companies in the Metals & Mining industry, placing it in the top 82.7%.
Is Metal Energy's Net Current Asset Value too high?
Metal Energy's current Net Current Asset Value of $0.04 is 90% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 21.82. The Metals & Mining industry median Net Current Asset Value is 6.80. Metal Energy's value of $0.04 is 99.4% below this industry median. Based on the distribution chart, Metal Energy ranks #1106 out of 1338 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Metal Energy has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Metal Energy's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Metal Energy ranks #1106 out of 1338 companies for Net Current Asset Value. This places Metal Energy in the lower half of its industry. The industry median Net Current Asset Value is 6.80. Metal Energy's value of $0.04 is 99.4% below this benchmark. Historically, Metal Energy's own Net Current Asset Value has ranged from 0.25 to 21.82 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 6.80, Metal Energy 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 6.80, based on 1,338 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. Metal Energy's current Net Current Asset Value of $0.04 is 99.4% 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 Metal Energy and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metal Energy's current Net Current Asset Value is $0.04, which is 90% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metal Energy stock overvalued right now?
Metal Energy (MEEEF) has a current Net Current Asset Value of $0.04. The current Net Current Asset Value is $0.04, which is 90% below median its 10-year median of 0.41 and 99.4% below the Metals & Mining industry median of 6.80. Metal Energy's overall GF Score™ is 37/100. 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 Metal Energy (MEEEF), the current Net Current Asset Value is $0.04 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.

Metal Energy Business Description

Other Exchanges Y1M:GermanyMERG:Canada
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN, M5H 3L5
Metal Energy Corp is engaged in the acquisition and exploration of mineral properties. Its projects are Highland Valley Project, NIV Project and Manibridge Project. NIV is a newly acquired, fully permitted, and drill-ready copper-gold-molybdenum project located in British Columbia's prolific Toodoggone District, a region known for porphyry deposits.
37GF Score

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