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Austin EngineeringASX:ANG -3.23%51 Net Current Asset Value is A$0.05 as of Dec. 2025, which is 100% below its 10-year median of 7.75. GuruFocus rates ASX:ANG with a GF Score™ of 51/100 and a GF Value™ of A$0.40 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 143 Farm & Heavy Construction Machinery companies, Austin Engineering ranks better than 55.24% 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).
Austin Engineering's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.05.
The historical rank and industry rank for Austin Engineering's Net Current Asset Value or its related term are showing as below:
ASX:ANG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.88 Med: 7.75 Max: 28.5
Current: 3
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Austin Engineering was 28.50. The lowest was 2.88. And the median was 7.75.
ASX:ANG's Price-to-Net-Current-Asset-Value is ranked better than 55.24% of 143
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.68
vs ASX:ANG: 3.00
Austin Engineering (ASX:ANG) 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.
Austin Engineering Net Current Asset Value Related Terms
Austin Engineering Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Austin Engineering'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:ANG vs CAT, DE, PCAR: Net Current Asset Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Austin Engineering'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.
Austin Engineering Price-to-Net-Current-Asset-Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Austin Engineering's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Austin Engineering'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$0.05 mean?
Austin Engineering (ASX:ANG) has a Net Current Asset Value of A$0.05 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 Austin Engineering and its competitors. This is 99% below median its historical median of 7.75. Over the past decade, Austin Engineering's Net Current Asset Value has ranged from 2.88 to 28.50. According to the industry distribution chart, Austin Engineering ranks #64 out of 143 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 44.8%.
Is Austin Engineering's Net Current Asset Value too high?
Austin Engineering's current Net Current Asset Value of A$0.05 is 99% below median its 10-year median of 7.75. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 28.50. Based on the distribution chart, Austin Engineering ranks #64 out of 143 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Austin Engineering has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Austin Engineering's Net Current Asset Value compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Austin Engineering ranks #64 out of 143 companies for Net Current Asset Value. This puts Austin Engineering in the upper half of its industry. The industry median Net Current Asset Value is 3.68. Historically, Austin Engineering's own Net Current Asset Value has ranged from 2.88 to 28.50 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 Farm & Heavy Construction Machinery company?
The median Net Current Asset Value among Farm & Heavy Construction Machinery companies is 3.68, based on 143 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 Austin Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Current Asset Value is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austin Engineering's current Net Current Asset Value is A$0.05, which is 99% below median its own 10-year median of 7.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austin Engineering stock overvalued right now?
Based on GuruFocus' analysis, Austin Engineering (ASX:ANG) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.15 — trading 62.5% below its estimated fair value. The current Net Current Asset Value is A$0.05, which is 99% below median its 10-year median of 7.75. Austin Engineering's overall GF Score™ is 51/100 with 6 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 Austin Engineering (ASX:ANG), the current Net Current Asset Value is A$0.05 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 Austin Engineering (ASX:ANG) Overvalued in 2026?
Based on GuruFocus' analysis, Austin Engineering stock appears to be undervalued.
The current stock price of A$0.15 is trading 62.5% below its estimated GF Value™ of A$0.40.
GuruFocus considers Austin Engineering to be Significantly Undervalued.
Key valuation signals for ASX:ANG:
Net Current Asset Value: A$0.05 (99% below median its 10-year median of 7.75)
GF Value™: A$0.40 vs. price of A$0.15 (62.5% below fair value)
No single metric tells the full story. See the ASX:ANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Austin Engineering Ltd is an Australian-based engineering company. It designs and manufactures customized off-highway truck bodies, buckets, water tanks, tyre handlers, and other ancillary products. It is a comprehensive service provider throughout the product's life cycle, offering both on-site and off-site repair and maintenance. Its geographical segments include Asia-Pacific, North America, and South America. The company generates maximum revenue from the Asia-Pacific segment, which is engaged in mining equipment, other products, and repair and maintenance services located in Australia and Indonesia.
51GF 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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