North European Oil Royalty Trust (NRT) Fair Value 2026

NRT · Oil & Gas E&P ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.4 /10

32 fundamental signals · 2 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-27, North European Oil Royalty Trust (NRT) trades at $8.61, versus a $20.78 median fair value across its 2 active models — 141.4% above the current price. QOC: 5.4/10. Value Trap Risk: 0/100 (SAFE). 2/13 models active.

Key Facts

Ticker
NRT
Price
$8.61
Quality Score
5.4/10
Value Trap Risk
0/100
Models Active
2/13
Last Updated
Strength: Markov DDM suggests +267.5% upside with 15% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is North European Oil Royalty Trust (NRT) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, North European Oil Royalty Trust (NRT) appears undervalued as of : the median of 2 independent fair value estimates is $20.78, 141.4% above the current price of $8.61. Estimates range from $9.92 to $31.64. NRT scores 5.4/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. NRT’s +141.4% gap is wider than that market norm, and the Oil & Gas E&P sector median is -1.8%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy North European Oil Royalty Trust Stock in 2026? →

What Fair Value Does Each Model Give NRT?

2 Intrinsic Value Models vs. Current Price ($8.61)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Low Conviction
 $31.64 +267.5%
Relative · Low Conviction
 $9.92 +15.2%

All Models Active

All 2 models are displayed above.

What Is North European Oil Royalty Trust (NRT) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, North European Oil Royalty Trust's intrinsic value is estimated at a median fair value of $20.78. At a current market price of $8.61, 2 of 2 active valuation models identify upside potential, projecting a median implied return of +141.4%. Notably, Markov DDM sees the most upside at +267.5% (fair value: $31.64), while Regime Cross is the most conservative at +15.2% ($9.92). The spread between these extremes — +252.2% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About NRT?

2 of 13 models are currently active for NRT. All 2 active models suggest the stock trades below fair value. Taken together, their median fair value for NRT is $20.78 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does NRT Rank in Oil & Gas E&P?

Among 90 Oil & Gas E&P stocks, NRT ranks #69 by Quality of Company score. CirclFi's QOC score of 5.4/10 evaluates 32 fundamental signals. A score of 5.4 reflects mixed fundamentals.

See all Most Undervalued Oil & Gas E&P Stocks →

The Oil & Gas E&P sector introduces analytical considerations specific to oil and gas company businesses. For North European Oil Royalty Trust, metrics like reserve replacement ratio provide important context that general-purpose valuation models may underweight.

Is NRT a Value Trap?

CirclFi's Value Trap algorithm assigns NRT a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for North European Oil Royalty Trust. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, North European Oil Royalty Trust earns a quality score of 5.4/10. This mixed rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +252.2% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NRT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NRT's 2 active models, average confidence is 13%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy North European Oil Royalty Trust Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas E&P Stocks Should You Also Analyze?

10 related Oil & Gas E&P stocks with 13-model coverage

CRTCross Timbers Royalty TrustQOC 5.4VOCVOC Energy TrustQOC 5.3EONREON Resources Inc.QOC 5.4VETVermilion Energy Inc.QOC 5.3ZNOGZion Oil & Gas, Inc.QOC 5.5LEENLeopard Energy, Inc.QOC 5.3TPLTexas Pacific Land CorporationQOC 9.1SDSandRidge Energy, Inc.QOC 8.3TALOTalos Energy Inc.QOC 6.9BSMBlack Stone Minerals, L.P.QOC 9.1

Read investment analysis: CRT · VOC · EONR · VET · ZNOG · LEEN · TPL · SD · TALO · BSM

Which Other Stocks Have a Similar Quality Score to NRT?

7 companies across all industries closest to NRT’s Quality of Company score of 5.4/10.

ASAASA Gold and Precious Metals LimitedQOC 5.4INTGThe InterGroup CorporationQOC 5.4ORIOOrion Digital Corp.QOC 5.4PULMPulmatrix, Inc.QOC 5.4RMTGRegenerative Medical Technology Group Inc.QOC 5.4FCCNSpectral Capital CorporationQOC 5.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: ASA · INTG · ORIO · PULM · RMTG · FCCN · NVDA

Where Does NRT Sit in CirclFi's Oil & Gas E&P Rankings?

NRT is ranked against every other Oil & Gas E&P stock CirclFi covers in each of these screens.

See all Oil & Gas E&P stocks ranked →

What Else Do Investors Ask About North European Oil Royalty Trust’s Valuation?

What is North European Oil Royalty Trust's intrinsic value in 2026?

CirclFi puts North European Oil Royalty Trust (NRT)'s intrinsic value at $20.78 — the median of 2 independent model estimates as of 2026-08-27, ranging from $9.92 to $31.64. The Quality of Company score is 5.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NRT overvalued or undervalued right now?

At $8.61, 2 of 2 active models suggest NRT may be undervalued, while 0 indicate potential overvaluation. The median of all 2 fair value estimates is $20.78, 141.4% above the current price of $8.61 — a consensus view that NRT is undervalued. The assessment depends on which methodology best fits North European Oil Royalty Trust's business model in Oil & Gas E&P.

What does a Quality of Company score of 5.4 mean for NRT?

North European Oil Royalty Trust's QOC of 5.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on NRT?

CirclFi analyzes NRT with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is NRT a value trap in 2026?

North European Oil Royalty Trust's Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, North European Oil Royalty Trust (NRT) has a median fair value of $20.78 — 141.4% above the current price of $8.61 — as of 2026-08-27.” Source: circlfi.com/stock/NRT/ · Methodology
Primary sources for this NRT valuation
  • Financial statements: North European Oil Royalty Trust 10-K and 10-Q filings on SEC EDGAR (CIK 0000072633) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NRT as of ; valuations recomputed .