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).
Solaris Energy Infrastructure's net current asset value per share for the quarter that ended in Mar. 2026 was $-29.04.
The historical rank and industry rank for Solaris Energy Infrastructure's Net Current Asset Value or its related term are showing as below:
SEI's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.98 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Solaris Energy Infrastructure (NYSE:SEI) 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.
Solaris Energy Infrastructure Net Current Asset Value Related Terms
Solaris Energy Infrastructure 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.
Solaris Energy Infrastructure Net Current Asset Value Chart
SEI vs LBRT, OII, USAC: Net Current Asset Value Comparison
For the Oil & Gas Equipment & Services subindustry, Solaris Energy Infrastructure'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.
Solaris Energy Infrastructure Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Solaris Energy Infrastructure's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Solaris Energy Infrastructure'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 $-29.04 mean?
Solaris Energy Infrastructure (SEI) has a Net Current Asset Value of $-29.04 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 Solaris Energy Infrastructure and its competitors. According to the industry distribution chart, Solaris Energy Infrastructure ranks #999999 out of 300 companies in the Oil & Gas industry.
Is Solaris Energy Infrastructure's Net Current Asset Value too high?
Solaris Energy Infrastructure's current Net Current Asset Value is $-29.04. Based on the distribution chart, Solaris Energy Infrastructure ranks #999999 out of 300 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Solaris Energy Infrastructure has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Solaris Energy Infrastructure's Net Current Asset Value compare to LBRT and OII?
According to the Oil & Gas industry distribution chart, Solaris Energy Infrastructure ranks #999999 out of 300 companies for Net Current Asset Value. This places Solaris Energy Infrastructure in the lower half of its industry. The industry median Net Current Asset Value is 3.98. 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 3.98, 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 Solaris Energy Infrastructure and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solaris Energy Infrastructure's current Net Current Asset Value is $-29.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solaris Energy Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Solaris Energy Infrastructure (SEI) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.00, compared to a current price of $66.22 — trading 231.1% above its estimated fair value. The current Net Current Asset Value is $-29.04. Solaris Energy Infrastructure's overall GF Score™ is 74/100 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 Solaris Energy Infrastructure (SEI), the current Net Current Asset Value is $-29.04 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.
Is Solaris Energy Infrastructure (SEI) Overvalued in 2026?
Based on GuruFocus' analysis, Solaris Energy Infrastructure stock appears to be overvalued.
The current stock price of $66.22 is trading 231.1% above its estimated GF Value™ of $20.00.
GuruFocus considers Solaris Energy Infrastructure to be Significantly Overvalued.
Key valuation signals for SEI:
Net Current Asset Value: $-29.04
GF Value™: $20.00 vs. price of $66.22 (231.1% above fair value)
No single metric tells the full story. See the SEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solaris Energy Infrastructure Business Description
Solaris Energy Infrastructure Inc provides modular and scalable equipment-based solutions for power generation, control, distribution, and the management of raw materials in oil and natural gas well completions. Its solutions are Solaris software suite, Fluid management system, Automated control systems, Field services, Last mile logistics management, Wet sand solutions, Power Solutions, and Integrated wellsite solution, among others. Solaris serves multiple U.S. end markets, including data center, energy, and other commercial and industrial sectors. The company has two reportable business segments: Solaris Power Solutions and Solaris Logistics Solutions. Maximum revenue is generated from the Solaris Power Solutions segment, delivering power generation and distribution solutions.
74GF Score
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