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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).
AEF's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.53 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, (AMEX:AEF) 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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Net Current Asset Value Related Terms
ABERDEEN EMERGING MARKETS EQUITYOME FUND, 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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Net Current Asset Value Chart
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Annual Data
AEF vs JGH, KTF, HIX: Net Current Asset Value Comparison
For the Asset Management subindustry, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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.
ABERDEEN EMERGING MARKETS EQUITYOME FUND, Price-to-Net-Current-Asset-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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 $0.00 mean?
ABERDEEN EMERGING MARKETS EQUITYOME FUND, (AEF) has a Net Current Asset Value of $0.00 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on ABERDEEN EMERGING MARKETS EQUITYOME FUND, and its competitors. According to the industry distribution chart, ABERDEEN EMERGING MARKETS EQUITYOME FUND, ranks #999999 out of 373 companies in the Asset Management industry.
Is ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Net Current Asset Value too high?
ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s current Net Current Asset Value is $0.00. Based on the distribution chart, ABERDEEN EMERGING MARKETS EQUITYOME FUND, ranks #999999 out of 373 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, ABERDEEN EMERGING MARKETS EQUITYOME FUND, has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Net Current Asset Value compare to JGH and KTF?
According to the Asset Management industry distribution chart, ABERDEEN EMERGING MARKETS EQUITYOME FUND, ranks #999999 out of 373 companies for Net Current Asset Value. This places ABERDEEN EMERGING MARKETS EQUITYOME FUND, in the lower half of its industry. The industry median Net Current Asset Value is 3.53. 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 an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.53, based on 373 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. 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 ABERDEEN EMERGING MARKETS EQUITYOME FUND, and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s current Net Current Asset Value is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABERDEEN EMERGING MARKETS EQUITYOME FUND, stock overvalued right now?
ABERDEEN EMERGING MARKETS EQUITYOME FUND, (AEF) has a current Net Current Asset Value of $0.00. The current Net Current Asset Value is $0.00. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s overall GF Score™ is 35/100 with 4 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 ABERDEEN EMERGING MARKETS EQUITYOME FUND, (AEF), the current Net Current Asset Value is $0.00 as of Dec. 2025. 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.
ABERDEEN EMERGING MARKETS EQUITY INCOME FUND, INC. is a non-diversified closed-end, management investment company. Its investment objective is to seek to provide both current income and long-term capital appreciation. Under normal circumstances, the fund invests a majority of its net assets (plus any borrowings for investment purposes) in emerging markets (excluding China) equity securities. The performance of the fund is measured against the MSCI Emerging Markets ex-China Index. Its investment portfolio consists of equity securities from emerging market companies (excluding China), spanning multiple sectors such as Information Technology, Financials, Industrials, Consumer Discretionary, Real Estate, and others.
35GF Score
Get the complete analysis for AEF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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