Ascletis PharmaASCLF -4.00%38 Net Current Asset Value is $0.26 as of Dec. 2025, which is 80% below its 10-year median of 1.33. GuruFocus rates ASCLF with a GF Score™ of 38/100 and a GF Value™ of $0.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 942 Biotechnology companies, Ascletis Pharma ranks worse than 55.52% 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).
Ascletis Pharma's net current asset value per share for the quarter that ended in Dec. 2025 was $0.26.
The historical rank and industry rank for Ascletis Pharma's Net Current Asset Value or its related term are showing as below:
ASCLF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.64 Med: 1.33 Max: 5.7
Current: 5.54
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ascletis Pharma was 5.70. The lowest was 0.64. And the median was 1.33.
ASCLF's Price-to-Net-Current-Asset-Value is ranked worse than 55.52% of 942
companies
in the Biotechnology industry
Industry Median: 4.94
vs ASCLF: 5.54
Ascletis Pharma (OTCPK:ASCLF) 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.
Ascletis Pharma Net Current Asset Value Related Terms
Ascletis Pharma Net Current Asset Value Historical Data
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The historical data trend for Ascletis Pharma'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.
ASCLF vs VRTX, REGN, ALNY: Net Current Asset Value Comparison
For the Biotechnology subindustry, Ascletis Pharma'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.
Ascletis Pharma Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ascletis Pharma's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ascletis Pharma'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 $0.26 mean?
Ascletis Pharma (ASCLF) has a Net Current Asset Value of $0.26 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 Ascletis Pharma and its competitors. This is 80% below median its historical median of 1.33. Over the past decade, Ascletis Pharma's Net Current Asset Value has ranged from 0.64 to 5.70. According to the industry distribution chart, Ascletis Pharma ranks #523 out of 942 companies in the Biotechnology industry, placing it in the top 55.5%.
Is Ascletis Pharma's Net Current Asset Value too high?
Ascletis Pharma's current Net Current Asset Value of $0.26 is 80% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 5.70. The Biotechnology industry median Net Current Asset Value is 4.94. Ascletis Pharma's value of $0.26 is 94.7% below this industry median. Based on the distribution chart, Ascletis Pharma ranks #523 out of 942 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Ascletis Pharma has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascletis Pharma's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Ascletis Pharma ranks #523 out of 942 companies for Net Current Asset Value. This places Ascletis Pharma in the lower half of its industry. The industry median Net Current Asset Value is 4.94. Ascletis Pharma's value of $0.26 is 94.7% below this benchmark. Historically, Ascletis Pharma's own Net Current Asset Value has ranged from 0.64 to 5.70 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 4.94, Ascletis Pharma 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 4.94, based on 942 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. Ascletis Pharma's current Net Current Asset Value of $0.26 is 94.7% 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 Ascletis Pharma and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascletis Pharma's current Net Current Asset Value is $0.26, which is 80% below median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascletis Pharma stock overvalued right now?
Based on GuruFocus' analysis, Ascletis Pharma (ASCLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.02, compared to a current price of $1.44 — trading 7100% above its estimated fair value. The current Net Current Asset Value is $0.26, which is 80% below median its 10-year median of 1.33 and 94.7% below the Biotechnology industry median of 4.94. Ascletis Pharma's overall GF Score™ is 38/100 with 5 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 Ascletis Pharma (ASCLF), the current Net Current Asset Value is $0.26 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.
Is Ascletis Pharma (ASCLF) Overvalued in 2026?
Based on GuruFocus' analysis, Ascletis Pharma stock appears to be overvalued.
The current stock price of $1.44 is trading 7100% above its estimated GF Value™ of $0.02.
GuruFocus considers Ascletis Pharma to be Significantly Overvalued.
Key valuation signals for ASCLF:
Net Current Asset Value: $0.26 (80% below median its 10-year median of 1.33)
GF Value™: $0.02 vs. price of $1.44 (7100% above fair value)
Industry Position: 94.7% below the Biotechnology median (#523 of 942)
No single metric tells the full story. See the ASCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascletis Pharma Inc is an investment holding company. Along with its subsidiaries, it is engaged in the research and development, production, marketing, and sale of pharmaceutical products. The drug candidates of the company in the pipeline in their different stages of development such as ASC30, ASC47, ASC39, ASC36i, ASC35, ASC50, and among others.
38GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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