VTOL (Bristow Group) Net Current Asset Value: $-18.74 (As of Mar. 2026)


VTOL Bristow Group Inc VTOL
59 GF Score
Price $41.92
GF Value $37.40
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bristow Group Net Current Asset Value?

Bristow Group VTOL +1.28% 59 Net Current Asset Value is $-18.74 as of Mar. 2026. GuruFocus rates VTOL with a GF Score™ of 59/100 and a GF Value™ of $37.40 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 295 Oil & Gas companies, Bristow Group ranks worse than 338982.71% 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).

Bristow Group's net current asset value per share for the quarter that ended in Mar. 2026 was $-18.74.

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

VTOL's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Bristow Group  (NYSE:VTOL) 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.


Bristow Group Net Current Asset Value Related Terms


Bristow Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Bristow Group'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.

Bristow Group Net Current Asset Value Chart

Bristow Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -17.14 -14.44 -19.43 -21.45 -19.10

Bristow Group 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 -21.74 -21.98 -19.19 -19.10 -18.74

VTOL vs ACDC, WBI, HLX: Net Current Asset Value Comparison

For the Oil & Gas Equipment & Services subindustry, Bristow Group'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.


Bristow Group Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

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

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


VTOL
59GF Score
Bristow Group Inc VTOL
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bristow Group Net Current Asset Value Calculation

Bristow Group'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)
=(694.288-1251.638--0.082-0)/29.177
=-19.10

Bristow Group'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)
=(791.581-1346.417--0.123-0)/29.606
=-18.74

* 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 $-18.74 mean?
Bristow Group (VTOL) has a Net Current Asset Value of $-18.74 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 Bristow Group and its competitors. According to the industry distribution chart, Bristow Group ranks #999999 out of 295 companies in the Oil & Gas industry.
Is Bristow Group's Net Current Asset Value too high?
Bristow Group's current Net Current Asset Value is $-18.74. Based on the distribution chart, Bristow Group ranks #999999 out of 295 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Bristow Group has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bristow Group's Net Current Asset Value compare to ACDC and WBI?
According to the Oil & Gas industry distribution chart, Bristow Group ranks #999999 out of 295 companies for Net Current Asset Value. This places Bristow Group in the lower half of its industry. The industry median Net Current Asset Value is 4.00. 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 4.00, based on 295 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 Bristow Group and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bristow Group's current Net Current Asset Value is $-18.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bristow Group stock overvalued right now?
Based on GuruFocus' analysis, Bristow Group (VTOL) is currently considered Modestly Overvalued. The stock's GF Value™ is $37.40, compared to a current price of $41.92 — trading 12.1% above its estimated fair value. The current Net Current Asset Value is $-18.74. Bristow Group's overall GF Score™ is 59/100 with 4 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 Bristow Group (VTOL), the current Net Current Asset Value is $-18.74 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 Bristow Group (VTOL) Overvalued in 2026?

Based on GuruFocus' analysis, Bristow Group stock appears to be overvalued. The current stock price of $41.92 is trading 12.1% above its estimated GF Value™ of $37.40. GuruFocus considers Bristow Group to be Modestly Overvalued.

Key valuation signals for VTOL:

  • Net Current Asset Value: $-18.74
  • GF Value™: $37.40 vs. price of $41.92 (12.1% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


Bristow Group Business Description

Industry EnergyOil & Gas
Address 3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042
Bristow Group Inc is the provider of vertical flight solutions. The group provides aviation services to a broad base of offshore energy companies and government entities. Its business comprises three reportable segments: Offshore Energy Services, Government Services, and Other Services. Its customers are in the UK, Norway, the USA, Nigeria, and Others. The offshore energy customers use services to transport personnel to, from and between offshore energy installations. The majority of revenue is generated from Offshore Energy Services.
59GF Score

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

$41.92
Price
$37.40
GF Value