Avino Silver & Gold MinesASM +4.95%78 Net Current Asset Value is $0.74 as of Mar. 2026, which is 93% below its 10-year median of 11.17. GuruFocus rates ASM with a GF Score™ of 78/100 and a GF Value™ of $2.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,331 Metals & Mining companies, Avino Silver & Gold Mines ranks worse than 61.08% 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).
Avino Silver & Gold Mines's net current asset value per share for the quarter that ended in Mar. 2026 was $0.74.
The historical rank and industry rank for Avino Silver & Gold Mines's Net Current Asset Value or its related term are showing as below:
ASM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.17 Med: 11.17 Max: 69
Current: 8.54
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Avino Silver & Gold Mines was 69.00. The lowest was 3.17. And the median was 11.17.
ASM's Price-to-Net-Current-Asset-Value is ranked worse than 61.08% of 1331
companies
in the Metals & Mining industry
Industry Median: 6.5
vs ASM: 8.54
Avino Silver & Gold Mines (AMEX:ASM) 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.
Avino Silver & Gold Mines Net Current Asset Value Related Terms
Avino Silver & Gold Mines Net Current Asset Value Historical Data
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The historical data trend for Avino Silver & Gold Mines'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.
Avino Silver & Gold Mines Net Current Asset Value Chart
For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.
Avino Silver & Gold Mines Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Avino Silver & Gold Mines's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Avino Silver & Gold Mines'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 $0.74 mean?
Avino Silver & Gold Mines (ASM) has a Net Current Asset Value of $0.74 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 Avino Silver & Gold Mines and its competitors. This is 93% below median its historical median of 11.17. Over the past decade, Avino Silver & Gold Mines' Net Current Asset Value has ranged from 3.17 to 69.00. According to the industry distribution chart, Avino Silver & Gold Mines ranks #813 out of 1331 companies in the Metals & Mining industry, placing it in the top 61.1%.
Is Avino Silver & Gold Mines' Net Current Asset Value too high?
Avino Silver & Gold Mines' current Net Current Asset Value of $0.74 is 93% below median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 69.00. The Metals & Mining industry median Net Current Asset Value is 6.50. Avino Silver & Gold Mines' value of $0.74 is 88.6% below this industry median. Based on the distribution chart, Avino Silver & Gold Mines ranks #813 out of 1331 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Avino Silver & Gold Mines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avino Silver & Gold Mines' Net Current Asset Value compare to HL?
According to the Metals & Mining industry distribution chart, Avino Silver & Gold Mines ranks #813 out of 1331 companies for Net Current Asset Value. This places Avino Silver & Gold Mines in the lower half of its industry. The industry median Net Current Asset Value is 6.50. Avino Silver & Gold Mines' value of $0.74 is 88.6% below this benchmark. Historically, Avino Silver & Gold Mines' own Net Current Asset Value has ranged from 3.17 to 69.00 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 6.50, Avino Silver & Gold Mines 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 6.50, based on 1,331 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. Avino Silver & Gold Mines's current Net Current Asset Value of $0.74 is 88.6% 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 Avino Silver & Gold Mines and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avino Silver & Gold Mines's current Net Current Asset Value is $0.74, which is 93% below median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avino Silver & Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Avino Silver & Gold Mines (ASM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.08, compared to a current price of $6.15 — trading 195.7% above its estimated fair value. The current Net Current Asset Value is $0.74, which is 93% below median its 10-year median of 11.17 and 88.6% below the Metals & Mining industry median of 6.50. Avino Silver & Gold Mines' overall GF Score™ is 78/100 with 1 warning sign 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 Avino Silver & Gold Mines (ASM), the current Net Current Asset Value is $0.74 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 Avino Silver & Gold Mines (ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Avino Silver & Gold Mines stock appears to be overvalued.
The current stock price of $6.15 is trading 195.7% above its estimated GF Value™ of $2.08.
GuruFocus considers Avino Silver & Gold Mines to be Significantly Overvalued.
Key valuation signals for ASM:
Net Current Asset Value: $0.74 (93% below median its 10-year median of 11.17)
GF Value™: $2.08 vs. price of $6.15 (195.7% above fair value)
Industry Position: 88.6% below the Metals & Mining median (#813 of 1331)
No single metric tells the full story. See the ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
78GF 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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