Audinate GroupASX:AD8 71 Net Current Asset Value is A$0.78 as of Dec. 2025, which is 100% below its 10-year median of 11.81. GuruFocus rates ASX:AD8 with a GF Score™ of 71/100 and a GF Value™ of A$7.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,845 Hardware companies, Audinate Group ranks better than 69.86% 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).
Audinate Group's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.78.
The historical rank and industry rank for Audinate Group's Net Current Asset Value or its related term are showing as below:
ASX:AD8'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3 Med: 11.81 Max: 18.9
Current: 3
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Audinate Group was 18.90. The lowest was 3.00. And the median was 11.81.
ASX:AD8's Price-to-Net-Current-Asset-Value is ranked better than 69.86% of 1845
companies
in the Hardware industry
Industry Median: 5.48
vs ASX:AD8: 3.00
Audinate Group (ASX:AD8) 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.
Audinate Group Net Current Asset Value Related Terms
Audinate Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Audinate Group'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.
ASX:AD8 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, Audinate Group'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.
Audinate Group Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Audinate Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Audinate Group'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 A$0.78 mean?
Audinate Group (ASX:AD8) has a Net Current Asset Value of A$0.78 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 Audinate Group and its competitors. This is 93% below median its historical median of 11.81. Over the past decade, Audinate Group's Net Current Asset Value has ranged from 3.00 to 18.90. According to the industry distribution chart, Audinate Group ranks #556 out of 1845 companies in the Hardware industry, placing it in the top 30.1%.
Is Audinate Group's Net Current Asset Value too high?
Audinate Group's current Net Current Asset Value of A$0.78 is 93% below median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 18.90. Based on the distribution chart, Audinate Group ranks #556 out of 1845 companies in the Hardware industry, which is above the industry midpoint. Overall, Audinate Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Audinate Group's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Audinate Group ranks #556 out of 1845 companies for Net Current Asset Value. This puts Audinate Group in the upper half of its industry. The industry median Net Current Asset Value is 5.48. Historically, Audinate Group's own Net Current Asset Value has ranged from 3.00 to 18.90 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.48, based on 1,845 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 Audinate Group and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Audinate Group's current Net Current Asset Value is A$0.78, which is 93% below median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Audinate Group stock overvalued right now?
Based on GuruFocus' analysis, Audinate Group (ASX:AD8) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.81, compared to a current price of A$2.34 — trading 70% below its estimated fair value. The current Net Current Asset Value is A$0.78, which is 93% below median its 10-year median of 11.81. Audinate Group's overall GF Score™ is 71/100 with 3 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 Audinate Group (ASX:AD8), the current Net Current Asset Value is A$0.78 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 Audinate Group (ASX:AD8) Overvalued in 2026?
Based on GuruFocus' analysis, Audinate Group stock appears to be undervalued.
The current stock price of A$2.34 is trading 70% below its estimated GF Value™ of A$7.81.
GuruFocus considers Audinate Group to be Significantly Undervalued.
Key valuation signals for ASX:AD8:
Net Current Asset Value: A$0.78 (93% below median its 10-year median of 11.81)
GF Value™: A$7.81 vs. price of A$2.34 (70% below fair value)
No single metric tells the full story. See the ASX:AD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Audinate is a founder-led networking technology company for the professional AV industry. Audinate's Dante protocol is the world's most widely used protocol for digital audio networking. Over 500 OEM brands license the Dante protocol for around 5,000 products.
71GF Score
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