North European Oil Royalty TrustNRT +0.97%73 Net Current Asset Value is $0.21 as of Apr. 2026, which is 100% below its 10-year median of 464.75. GuruFocus rates NRT with a GF Score™ of 73/100 and a GF Value™ of $7.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 298 Oil & Gas companies, North European Oil Royalty Trust ranks worse than 92.28% 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).
The historical rank and industry rank for North European Oil Royalty Trust's Net Current Asset Value or its related term are showing as below:
NRT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 24.63 Med: 464.75 Max: 1047
Current: 34.81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of North European Oil Royalty Trust was 1047.00. The lowest was 24.63. And the median was 464.75.
NRT's Price-to-Net-Current-Asset-Value is ranked worse than 92.28% of 298
companies
in the Oil & Gas industry
Industry Median: 3.865
vs NRT: 34.81
North European Oil Royalty Trust (NYSE:NRT) 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.
North European Oil Royalty Trust Net Current Asset Value Related Terms
North European Oil Royalty Trust 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.
North European Oil Royalty Trust Net Current Asset Value Chart
NRT vs PROP, LRDC, PVL: Net Current Asset Value Comparison
For the Oil & Gas E&P subindustry, North European Oil Royalty Trust'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.
North European Oil Royalty Trust Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, North European Oil Royalty Trust's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where North European Oil Royalty Trust'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 $0.21 mean?
North European Oil Royalty Trust (NRT) has a Net Current Asset Value of $0.21 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 North European Oil Royalty Trust and its competitors. This is 100% below median its historical median of 464.75. Over the past decade, North European Oil Royalty Trust's Net Current Asset Value has ranged from 24.63 to 1,047.00. According to the industry distribution chart, North European Oil Royalty Trust ranks #275 out of 298 companies in the Oil & Gas industry, placing it in the top 92.3%.
Is North European Oil Royalty Trust's Net Current Asset Value too high?
North European Oil Royalty Trust's current Net Current Asset Value of $0.21 is 100% below median its 10-year median of 464.75. Over the past 10 years, this metric has ranged from a low of 24.63 to a high of 1,047.00. The Oil & Gas industry median Net Current Asset Value is 3.87. North European Oil Royalty Trust's value of $0.21 is 94.6% below this industry median. Based on the distribution chart, North European Oil Royalty Trust ranks #275 out of 298 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, North European Oil Royalty Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does North European Oil Royalty Trust's Net Current Asset Value compare to PROP and LRDC?
According to the Oil & Gas industry distribution chart, North European Oil Royalty Trust ranks #275 out of 298 companies for Net Current Asset Value. This places North European Oil Royalty Trust in the lower half of its industry. The industry median Net Current Asset Value is 3.87. North European Oil Royalty Trust's value of $0.21 is 94.6% below this benchmark. Historically, North European Oil Royalty Trust's own Net Current Asset Value has ranged from 24.63 to 1,047.00 over the past decade. While the company's 10-year median is 464.75 vs. the industry median of 3.87, North European Oil Royalty Trust 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 an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.87, based on 298 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. North European Oil Royalty Trust's current Net Current Asset Value of $0.21 is 94.6% 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 North European Oil Royalty Trust and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North European Oil Royalty Trust's current Net Current Asset Value is $0.21, which is 100% below median its own 10-year median of 464.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North European Oil Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, North European Oil Royalty Trust (NRT) is currently considered Fairly Valued. The stock's GF Value™ is $7.90, compared to a current price of $7.31 — trading 7.5% below its estimated fair value. The current Net Current Asset Value is $0.21, which is 100% below median its 10-year median of 464.75 and 94.6% below the Oil & Gas industry median of 3.87. North European Oil Royalty Trust's overall GF Score™ is 73/100 with 3 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 North European Oil Royalty Trust (NRT), the current Net Current Asset Value is $0.21 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.
Is North European Oil Royalty Trust (NRT) Overvalued in 2026?
Based on GuruFocus' analysis, North European Oil Royalty Trust stock appears to be undervalued.
The current stock price of $7.31 is trading 7.5% below its estimated GF Value™ of $7.90.
GuruFocus considers North European Oil Royalty Trust to be Fairly Valued.
Key valuation signals for NRT:
Net Current Asset Value: $0.21 (100% below median its 10-year median of 464.75)
GF Value™: $7.90 vs. price of $7.31 (7.5% below fair value)
Industry Position: 94.6% below the Oil & Gas median (#275 of 298)
No single metric tells the full story. See the NRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North European Oil Royalty Trust Business Description
North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.
73GF Score
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