Trans Canada GoldTTGXF +22.78%40 Net Current Asset Value is $0.01 as of Mar. 2026, which is 100% below its 10-year median of 13.25. GuruFocus rates TTGXF with a GF Score™ of 40/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 297 Oil & Gas companies, Trans Canada Gold ranks worse than 71.72% 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).
Trans Canada Gold's net current asset value per share for the quarter that ended in Mar. 2026 was $0.01.
The historical rank and industry rank for Trans Canada Gold's Net Current Asset Value or its related term are showing as below:
TTGXF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4 Med: 13.25 Max: 22
Current: 9.7
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Trans Canada Gold was 22.00. The lowest was 4.00. And the median was 13.25.
TTGXF's Price-to-Net-Current-Asset-Value is ranked worse than 71.72% of 297
companies
in the Oil & Gas industry
Industry Median: 3.82
vs TTGXF: 9.70
Trans Canada Gold (OTCPK:TTGXF) 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.
Trans Canada Gold Net Current Asset Value Related Terms
Trans Canada Gold Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Trans Canada Gold'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.
TTGXF vs COP, EOG, FANG: Net Current Asset Value Comparison
For the Oil & Gas E&P subindustry, Trans Canada Gold'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.
Trans Canada Gold Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trans Canada Gold's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Trans Canada Gold'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 $0.01 mean?
Trans Canada Gold (TTGXF) has a Net Current Asset Value of $0.01 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 Trans Canada Gold and its competitors. This is 100% below median its historical median of 13.25. Over the past decade, Trans Canada Gold's Net Current Asset Value has ranged from 4.00 to 22.00. According to the industry distribution chart, Trans Canada Gold ranks #213 out of 297 companies in the Oil & Gas industry, placing it in the top 71.7%.
Is Trans Canada Gold's Net Current Asset Value too high?
Trans Canada Gold's current Net Current Asset Value of $0.01 is 100% below median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 22.00. The Oil & Gas industry median Net Current Asset Value is 3.82. Trans Canada Gold's value of $0.01 is 99.7% below this industry median. Based on the distribution chart, Trans Canada Gold ranks #213 out of 297 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Trans Canada Gold has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trans Canada Gold's Net Current Asset Value compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Trans Canada Gold ranks #213 out of 297 companies for Net Current Asset Value. This places Trans Canada Gold in the lower half of its industry. The industry median Net Current Asset Value is 3.82. Trans Canada Gold's value of $0.01 is 99.7% below this benchmark. Historically, Trans Canada Gold's own Net Current Asset Value has ranged from 4.00 to 22.00 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 3.82, Trans Canada Gold 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 3.82, based on 297 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. Trans Canada Gold's current Net Current Asset Value of $0.01 is 99.7% 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 Trans Canada Gold and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans Canada Gold's current Net Current Asset Value is $0.01, which is 100% below median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Canada Gold stock overvalued right now?
Based on GuruFocus' analysis, Trans Canada Gold (TTGXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.10 — trading 142.5% above its estimated fair value. The current Net Current Asset Value is $0.01, which is 100% below median its 10-year median of 13.25 and 99.7% below the Oil & Gas industry median of 3.82. Trans Canada Gold's overall GF Score™ is 40/100 with 2 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 Trans Canada Gold (TTGXF), the current Net Current Asset Value is $0.01 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 Trans Canada Gold (TTGXF) Overvalued in 2026?
Based on GuruFocus' analysis, Trans Canada Gold stock appears to be overvalued.
The current stock price of $0.10 is trading 142.5% above its estimated GF Value™ of $0.04.
GuruFocus considers Trans Canada Gold to be Significantly Overvalued.
Key valuation signals for TTGXF:
Net Current Asset Value: $0.01 (100% below median its 10-year median of 13.25)
GF Value™: $0.04 vs. price of $0.10 (142.5% above fair value)
Industry Position: 99.7% below the Oil & Gas median (#213 of 297)
No single metric tells the full story. See the TTGXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production. All operations are located in Canada, in the provinces of Saskatchewan, Ontario and Alberta.
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