Alphamin ResourcesAFMJF +0.48%86 Net Current Asset Value is $0.05 as of Mar. 2026, which is 100% below its 10-year median of 28.25. GuruFocus rates AFMJF with a GF Score™ of 86/100 and a GF Value™ of $1.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,333 Metals & Mining companies, Alphamin Resources ranks worse than 84.7% on this metric.
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).
Alphamin Resources's net current asset value per share for the quarter that ended in Mar. 2026 was $0.05.
The historical rank and industry rank for Alphamin Resources's Net Current Asset Value or its related term are showing as below:
AFMJF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.2 Med: 28.25 Max: 87
Current: 20.82
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Alphamin Resources was 87.00. The lowest was 13.20. And the median was 28.25.
AFMJF's Price-to-Net-Current-Asset-Value is ranked worse than 84.7% of 1333
companies
in the Metals & Mining industry
Industry Median: 6.83
vs AFMJF: 20.82
Alphamin Resources (OTCPK:AFMJF) 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.
Alphamin Resources Net Current Asset Value Related Terms
Alphamin Resources Net Current Asset Value Historical Data
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The historical data trend for Alphamin Resources's Net Current Asset Value 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.
Alphamin Resources Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Alphamin Resources'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.
Alphamin Resources Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alphamin Resources's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Alphamin Resources'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 $0.05 mean?
Alphamin Resources (AFMJF) has a Net Current Asset Value of $0.05 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 Alphamin Resources and its competitors. This is 100% below median its historical median of 28.25. Over the past decade, Alphamin Resources' Net Current Asset Value has ranged from 13.20 to 87.00. According to the industry distribution chart, Alphamin Resources ranks #1129 out of 1333 companies in the Metals & Mining industry, placing it in the top 84.7%.
Is Alphamin Resources' Net Current Asset Value too high?
Alphamin Resources' current Net Current Asset Value of $0.05 is 100% below median its 10-year median of 28.25. Over the past 10 years, this metric has ranged from a low of 13.20 to a high of 87.00. The Metals & Mining industry median Net Current Asset Value is 6.83. Alphamin Resources' value of $0.05 is 99.3% below this industry median. Based on the distribution chart, Alphamin Resources ranks #1129 out of 1333 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Alphamin Resources has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alphamin Resources' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Alphamin Resources ranks #1129 out of 1333 companies for Net Current Asset Value. This places Alphamin Resources in the lower half of its industry. The industry median Net Current Asset Value is 6.83. Alphamin Resources' value of $0.05 is 99.3% below this benchmark. Historically, Alphamin Resources' own Net Current Asset Value has ranged from 13.20 to 87.00 over the past decade. While the company's 10-year median is 28.25 vs. the industry median of 6.83, Alphamin Resources has consistently been below the industry average. 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.83, based on 1,333 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. Alphamin Resources's current Net Current Asset Value of $0.05 is 99.3% 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 Alphamin Resources and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alphamin Resources's current Net Current Asset Value is $0.05, which is 100% below median its own 10-year median of 28.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alphamin Resources stock overvalued right now?
Based on GuruFocus' analysis, Alphamin Resources (AFMJF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.47, compared to a current price of $1.04 — trading 29.2% below its estimated fair value. The current Net Current Asset Value is $0.05, which is 100% below median its 10-year median of 28.25 and 99.3% below the Metals & Mining industry median of 6.83. Alphamin Resources' overall GF Score™ is 86/100 with 2 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 Alphamin Resources (AFMJF), the current Net Current Asset Value is $0.05 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.
Is Alphamin Resources (AFMJF) Overvalued in 2026?
Based on GuruFocus' analysis, Alphamin Resources stock appears to be undervalued.
The current stock price of $1.04 is trading 29.2% below its estimated GF Value™ of $1.47.
GuruFocus considers Alphamin Resources to be Modestly Undervalued.
Key valuation signals for AFMJF:
Net Current Asset Value: $0.05 (100% below median its 10-year median of 28.25)
GF Value™: $1.47 vs. price of $1.04 (29.2% below fair value)
Industry Position: 99.3% below the Metals & Mining median (#1129 of 1333)
No single metric tells the full story. See the AFMJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alphamin Resources Corp is engaged in the business of the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, being the production and sale of tin from its Bisie tin mine.
86GF Score
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