AINPF (Ain Holdings) Net Current Asset Value: $-34.01 (As of Jan. 2026)


AINPF Ain Holdings Inc AINPF
86 GF Score
Price $36.86
GF Value $47.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ain Holdings Net Current Asset Value?

Ain Holdings AINPF 86 Net Current Asset Value is $-34.01 as of Jan. 2026. GuruFocus rates AINPF with a GF Score™ of 86/100 and a GF Value™ of $47.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 273 Healthcare Providers & Services companies, Ain Holdings ranks worse than 366300% 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).

Ain Holdings's net current asset value per share for the quarter that ended in Jan. 2026 was $-34.01.

The historical rank and industry rank for Ain Holdings's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ain Holdings was 1118.99. The lowest was 25.31. And the median was 32.85.

AINPF's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.11
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Ain Holdings  (OTCPK:AINPF) 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 Graham’s 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.


Ain Holdings Net Current Asset Value Related Terms


Ain Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Ain Holdings'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.

Ain Holdings Net Current Asset Value Chart

Ain Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 -1.49 -0.62 -11.20 -31.76

Ain Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.20 -11.37 -36.65 -34.01 -31.76

Ain Holdings Net Current Asset Value Competitor Comparison

For the Pharmaceutical Retailers subindustry, Ain Holdings'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.


Ain Holdings Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ain Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Ain Holdings's Price-to-Net-Current-Asset-Value falls into.


AINPF
86GF Score
Ain Holdings Inc AINPF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ain Holdings Net Current Asset Value Calculation

Ain Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(A: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1088.335-2202.627-1.081-0)/35.118
=-31.76

Ain Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1194.468-2386.376-2.375-0)/35.118
=-34.01

* 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 $-34.01 mean?
Ain Holdings (AINPF) has a Net Current Asset Value of $-34.01 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Ain Holdings and its competitors. Over the past decade, Ain Holdings' Net Current Asset Value has ranged from 25.31 to 1,118.99. According to the industry distribution chart, Ain Holdings ranks #999999 out of 273 companies in the Healthcare Providers & Services industry.
Is Ain Holdings' Net Current Asset Value too high?
Ain Holdings' current Net Current Asset Value is $-34.01. Over the past 10 years, this metric has ranged from a low of 25.31 to a high of 1,118.99. Based on the distribution chart, Ain Holdings ranks #999999 out of 273 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Ain Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ain Holdings' Net Current Asset Value compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Ain Holdings ranks #999999 out of 273 companies for Net Current Asset Value. This places Ain Holdings in the lower half of its industry. The industry median Net Current Asset Value is 6.11. Historically, Ain Holdings' own Net Current Asset Value has ranged from 25.31 to 1,118.99 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 Current Asset Value for a Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.11, based on 273 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 Ain Holdings and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ain Holdings's current Net Current Asset Value is $-34.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ain Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ain Holdings (AINPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.51, compared to a current price of $36.86 — trading 22.4% below its estimated fair value. The current Net Current Asset Value is $-34.01. Ain Holdings' 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 Ain Holdings (AINPF), the current Net Current Asset Value is $-34.01 as of Jan. 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 Ain Holdings (AINPF) Overvalued in 2026?

Based on GuruFocus' analysis, Ain Holdings stock appears to be undervalued. The current stock price of $36.86 is trading 22.4% below its estimated GF Value™ of $47.51. GuruFocus considers Ain Holdings to be Modestly Undervalued.

Key valuation signals for AINPF:

  • Net Current Asset Value: $-34.01
  • GF Value™: $47.51 vs. price of $36.86 (22.4% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the AINPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ain Holdings Business Description

Other Exchanges 9627:Japan
Address 1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755
Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.
86GF Score

Get the complete analysis for AINPF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.86
Price
$47.51
GF Value