Basic EnergyPHS:BSC +5.45%22 Net-Net Working Capital is ₱-0.95 as of Mar. 2026. GuruFocus rates PHS:BSC with a GF Score™ of 22/100 and a GF Value™ of ₱0.15 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 192 Oil & Gas companies, Basic Energy ranks worse than 520832.81% on this metric.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
Basic Energy's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₱-0.95.
The industry rank for Basic Energy's Net-Net Working Capital or its related term are showing as below:
PHS:BSC's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.835 * Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.
Basic Energy (PHS:BSC) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Basic Energy Net-Net Working Capital Related Terms
Basic Energy Net-Net Working Capital Historical Data
* Premium members only.
The historical data trend for Basic Energy's Net-Net Working Capital 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.
PHS:BSC vs COP, EOG, FANG: Net-Net Working Capital Comparison
For the Oil & Gas E&P subindustry, Basic Energy's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.
Basic Energy Price-to-Net-Net-Working-Capital vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Basic Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Basic Energy's Price-to-Net-Net-Working-Capital 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of ₱-0.95 mean?
Basic Energy (PHS:BSC) has a Net-Net Working Capital of ₱-0.95 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Basic Energy According to the industry distribution chart, Basic Energy ranks #999999 out of 192 companies in the Oil & Gas industry.
Is Basic Energy's Net-Net Working Capital too high?
Basic Energy's current Net-Net Working Capital is ₱-0.95. Based on the distribution chart, Basic Energy ranks #999999 out of 192 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Basic Energy has a GF Score™ of 22/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Basic Energy's Net-Net Working Capital compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Basic Energy ranks #999999 out of 192 companies for Net-Net Working Capital. This places Basic Energy in the lower half of its industry. The industry median Net-Net Working Capital is 6.84. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.84, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Basic Energy For the Oil & Gas industry, the median Net-Net Working Capital is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basic Energy's current Net-Net Working Capital is ₱-0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basic Energy stock overvalued right now?
Based on GuruFocus' analysis, Basic Energy (PHS:BSC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.15, compared to a current price of ₱0.12 — trading 22.7% below its estimated fair value. The current Net-Net Working Capital is ₱-0.95. Basic Energy's overall GF Score™ is 22/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Basic Energy (PHS:BSC), the current Net-Net Working Capital is ₱-0.95 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 Basic Energy (PHS:BSC) Overvalued in 2026?
Based on GuruFocus' analysis, Basic Energy stock appears to be undervalued.
The current stock price of ₱0.12 is trading 22.7% below its estimated GF Value™ of ₱0.15.
GuruFocus considers Basic Energy to be Modestly Undervalued.
Key valuation signals for PHS:BSC:
Net-Net Working Capital: ₱-0.95
GF Value™: ₱0.15 vs. price of ₱0.12 (22.7% below fair value)
No single metric tells the full story. See the PHS:BSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Basic Energy Corp is principally engaged in renewable energy, alternative fuels, wholesale and distribution of petroleum products, and in oil and gas exploration and development. The Group is organized into one reportable segment, which is the downstream oil operations, particularly the sale of petroleum products.
22GF Score
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