Aligos TherapeuticsALGS -2.22%37 Net Current Asset Value is $4.34 as of Mar. 2026, which is 495% above its 10-year median of 0.73. GuruFocus rates ALGS with a GF Score™ of 37/100 and a GF Value™ of $2.78 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 943 Biotechnology companies, Aligos Therapeutics ranks better than 83.99% 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).
Aligos Therapeutics's net current asset value per share for the quarter that ended in Mar. 2026 was $4.34.
The historical rank and industry rank for Aligos Therapeutics's Net Current Asset Value or its related term are showing as below:
ALGS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.42 Med: 0.73 Max: 5.07
Current: 1.53
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aligos Therapeutics was 5.07. The lowest was 0.42. And the median was 0.73.
ALGS's Price-to-Net-Current-Asset-Value is ranked better than 83.99% of 943
companies
in the Biotechnology industry
Industry Median: 4.95
vs ALGS: 1.53
Aligos Therapeutics (NAS:ALGS) 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.
Aligos Therapeutics Net Current Asset Value Related Terms
Aligos Therapeutics Net Current Asset Value Historical Data
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The historical data trend for Aligos Therapeutics'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.
ALGS vs SNTI, NTRB, CRVO: Net Current Asset Value Comparison
For the Biotechnology subindustry, Aligos Therapeutics'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.
Aligos Therapeutics Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Aligos Therapeutics's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Aligos Therapeutics'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 $4.34 mean?
Aligos Therapeutics (ALGS) has a Net Current Asset Value of $4.34 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 Aligos Therapeutics and its competitors. This is 495% above median its historical median of 0.73. Over the past decade, Aligos Therapeutics' Net Current Asset Value has ranged from 0.42 to 5.07. According to the industry distribution chart, Aligos Therapeutics ranks #151 out of 943 companies in the Biotechnology industry, placing it in the top 16%.
Is Aligos Therapeutics' Net Current Asset Value too high?
Aligos Therapeutics' current Net Current Asset Value of $4.34 is 495% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 5.07. The Biotechnology industry median Net Current Asset Value is 4.95. Aligos Therapeutics' value of $4.34 is 12.3% below this industry median. Based on the distribution chart, Aligos Therapeutics ranks #151 out of 943 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Aligos Therapeutics has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aligos Therapeutics' Net Current Asset Value compare to SNTI and NTRB?
According to the Biotechnology industry distribution chart, Aligos Therapeutics ranks #151 out of 943 companies for Net Current Asset Value. This places Aligos Therapeutics in the top 16% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.95. Aligos Therapeutics' value of $4.34 is 12.3% below this benchmark. Historically, Aligos Therapeutics' own Net Current Asset Value has ranged from 0.42 to 5.07 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 4.95, Aligos Therapeutics 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.95, based on 943 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. Aligos Therapeutics's current Net Current Asset Value of $4.34 is 12.3% 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 Aligos Therapeutics and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aligos Therapeutics's current Net Current Asset Value is $4.34, which is 495% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aligos Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Aligos Therapeutics (ALGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.78, compared to a current price of $6.63 — trading 138.5% above its estimated fair value. The current Net Current Asset Value is $4.34, which is 495% above median its 10-year median of 0.73 and 12.3% below the Biotechnology industry median of 4.95. Aligos Therapeutics' overall GF Score™ is 37/100 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 Aligos Therapeutics (ALGS), the current Net Current Asset Value is $4.34 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 Aligos Therapeutics (ALGS) Overvalued in 2026?
Based on GuruFocus' analysis, Aligos Therapeutics stock appears to be overvalued.
The current stock price of $6.63 is trading 138.5% above its estimated GF Value™ of $2.78.
GuruFocus considers Aligos Therapeutics to be Significantly Overvalued.
Key valuation signals for ALGS:
Net Current Asset Value: $4.34 (495% above median its 10-year median of 0.73)
GF Value™: $2.78 vs. price of $6.63 (138.5% above fair value)
Industry Position: 12.3% below the Biotechnology median (#151 of 943)
No single metric tells the full story. See the ALGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aligos Therapeutics Inc is a clinical-stage biotechnology company focused on developing therapeutics for liver diseases and viral infections. Its pipeline includes drug candidates targeting chronic hepatitis B virus (HBV) infection, metabolic dysfunction-associated steatohepatitis (MASH), obesity, and coronavirus infections, with programs such as pefivfoscorvir sodium for HBV, ALG-055009 for MASH and obesity, and ALG-097558 for coronavirus infections.
37GF Score
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