New Concept Energy Inc Common Stock (GBR)

FairStock Score: 57/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for a durable business with honest numbers and a margin of safety. New Concept Energy is a real estate rental operation with a small advisory and management angle; it owns land in Parkersburg, West Virginia, and employs two people. That is not a moat. In fiscal 2025, the year ended 2025-12-31, revenue was $155,000 and net loss was $46,000. In fiscal 2024, revenue was $146,000 and net loss was $18,000, so sales rose about 6% while the loss widened. The latest filed quarter, fiscal Q2 2026 ended 2026-06-30, had revenue of $41,000 and a net loss of $66,000, a negative 161% margin. Trailing free cash flow was negative $52,000, according to FairStock, a negative 1.4% FCF yield. The balance sheet data does not show a debt-to-equity figure, but Altman Z-Score 1.07 and Piotroski 3/9 signal fragility. Returns are negative: ROE -1.98% and ROCE -4.04%, both FairStock calculations. The stock closed at $0.73 on 2026-10-13, with a $3.7 million market cap. FairStock's P/B is 0.85, so it trades below book, and P/E is negative at -24.33. The Lynch category is TURNAROUND, based on a loss in the latest year after earlier profits. Growth is not compounding; revenue remains in the hundred-thousand-dollar range. A sub-book price can be a value trap if the asset cannot produce cash. This looks like a speculation on tiny asset value or a turnaround, not a Buffett-style compounder. I want evidence of sustained positive cash flow before the low price means much.

In plain English: New Concept Energy is a very small real estate rental company that owns land in West Virginia and provides some advisory services; it has only two employees. It earns very little revenue and is losing money, including in the latest quarter. The stock price is low compared with the company's accounting value, but the business itself looks weak, so the low price may reflect real problems rather than a clear bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer