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AlectorALEC -3.92%26 Net Cash per Share is $-0.36 as of Jun. 2026. GuruFocus rates ALEC with a GF Score™ of 26/100 and a GF Value™ of $0.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 793 Biotechnology companies, Alector ranks worse than 126103.28% on this metric.
The historical rank and industry rank for Alector's Net Cash per Share or its related term are showing as below:
During the past 10 years, the highest Price-to-Net-Cash Ratio of Alector was 22.77. The lowest was 2.59. And the median was 6.36.
ALEC's Price-to-Net-Cash is not ranked *
in the Biotechnology industry.
Industry Median: 5.11 * Ranked among companies with meaningful Price-to-Net-Cash only.
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Alector Net Cash per Share Related Terms
Alector Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Alector's Net Cash per Share 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.
ALEC vs CAMP, ORMP, PYXS: Net Cash per Share Comparison
For the Biotechnology subindustry, Alector's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Alector Price-to-Net-Cash vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Alector's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Alector's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Alector's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Alector (ALEC) has a Net Cash per Share of $-0.36 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Alector and its competitors. Over the past decade, Alector's Net Cash per Share has ranged from 2.59 to 22.77. According to the industry distribution chart, Alector ranks #999999 out of 793 companies in the Biotechnology industry.
Is Alector's Net Cash per Share too high?
Alector's current Net Cash per Share is $-0.36. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 22.77. Based on the distribution chart, Alector ranks #999999 out of 793 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Alector has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alector's Net Cash per Share compare to CAMP and ORMP?
According to the Biotechnology industry distribution chart, Alector ranks #999999 out of 793 companies for Net Cash per Share. This places Alector in the lower half of its industry. The industry median Net Cash per Share is 5.11. Historically, Alector's own Net Cash per Share has ranged from 2.59 to 22.77 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Biotechnology company?
The median Net Cash per Share among Biotechnology companies is 5.11, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Alector and its competitors. For the Biotechnology industry, the median Net Cash per Share is 5.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alector's current Net Cash per Share is $-0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alector stock overvalued right now?
Based on GuruFocus' analysis, Alector (ALEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.57, compared to a current price of $1.96 — trading 243.9% above its estimated fair value. The current Net Cash per Share is $-0.36. Alector's overall GF Score™ is 26/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Alector (ALEC), the current Net Cash per Share is $-0.36 as of Jun. 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 Alector (ALEC) Overvalued in 2026?
Based on GuruFocus' analysis, Alector stock appears to be overvalued.
The current stock price of $1.96 is trading 243.9% above its estimated GF Value™ of $0.57.
GuruFocus considers Alector to be Significantly Overvalued.
Key valuation signals for ALEC:
Net Cash per Share: $-0.36
GF Value™: $0.57 vs. price of $1.96 (243.9% above fair value)
No single metric tells the full story. See the ALEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alector Inc is a clinical-stage biotechnology company focused on developing therapies for neurodegenerative diseases. The company advances a pipeline of product candidates including Nivisnebart (AL101/GSK4527226) for Alzheimer's disease, AL137 for Alzheimer's disease, AL050 for Parkinson's disease and Lewy body dementia, and AL064, an siRNA program targeting tau for Alzheimer's disease and other tauopathies, supported by its proprietary Alector Brain Carrier (ABC) platform designed to improve delivery of therapeutics across the blood-brain barrier.
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