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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).
The historical rank and industry rank for American Battery Technology Co's Net Current Asset Value or its related term are showing as below:
ABAT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.33 Med: 21.31 Max: 216.82
Current: 7.37
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of American Battery Technology Co was 216.82. The lowest was 7.33. And the median was 21.31.
ABAT's Price-to-Net-Current-Asset-Value is ranked worse than 69.79% of 96
companies
in the Waste Management industry
Industry Median: 4.26
vs ABAT: 7.37
American Battery Technology Co (NAS:ABAT) 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 Grahams 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.
American Battery Technology Co Net Current Asset Value Related Terms
American Battery Technology Co Net Current Asset Value Historical Data
* 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.
American Battery Technology Co Net Current Asset Value Chart
ABAT vs SGLA, PESI, YDDL: Net Current Asset Value Comparison
For the Waste Management subindustry, American Battery Technology Co'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.
American Battery Technology Co Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, American Battery Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where American Battery Technology Co's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of $0.35 mean?
American Battery Technology Co (ABAT) has a Net Current Asset Value of $0.35 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 American Battery Technology Co and its competitors. According to the industry distribution chart, American Battery Technology Co ranks #67 out of 96 companies in the Waste Management industry, placing it in the top 69.8%.
Is American Battery Technology Co's Net Current Asset Value too high?
American Battery Technology Co's current Net Current Asset Value is $0.35. The Waste Management industry median Net Current Asset Value is 4.26. American Battery Technology Co's value of $0.35 is 91.8% below this industry median. Based on the distribution chart, American Battery Technology Co ranks #67 out of 96 companies in the Waste Management industry, which is below the industry midpoint. Overall, American Battery Technology Co has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does American Battery Technology Co's Net Current Asset Value compare to SGLA and PESI?
According to the Waste Management industry distribution chart, American Battery Technology Co ranks #67 out of 96 companies for Net Current Asset Value. This places American Battery Technology Co in the lower half of its industry. The industry median Net Current Asset Value is 4.26. American Battery Technology Co's value of $0.35 is 91.8% below this benchmark. 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 a Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.26, based on 96 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. American Battery Technology Co's current Net Current Asset Value of $0.35 is 91.8% below the industry median. 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 American Battery Technology Co and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Battery Technology Co's current Net Current Asset Value is $0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Battery Technology Co stock overvalued right now?
American Battery Technology Co (ABAT) has a current Net Current Asset Value of $0.35. The current Net Current Asset Value is $0.35 and 91.8% below the Waste Management industry median of 4.26. American Battery Technology Co's overall GF Score™ is 26/100 with 3 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 American Battery Technology Co (ABAT), the current Net Current Asset Value is $0.35 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.
American Battery Technology Co is an integrated critical battery minerals company that develops technologies for both primary battery minerals manufacturing and lithium-ion battery recycling. It operates battery recycling facilities that process materials from electric vehicle batteries, stationary battery energy storage systems, and consumer electronics. Additionally, the company advances lithium production projects using proprietary technology to produce battery-grade lithium hydroxide. It generates revenue mainly from its recycling operations and is expanding capacity with strategic partnerships and government grants. The company's activities focus on creating a closed-loop battery materials supply chain to support sustainable manufacturing in the United States.
26GF Score
Get the complete analysis for ABAT
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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