IPD GroupASX:IPG -0.70%67 Net Current Asset Value is A$0.28 as of Dec. 2025, which is 100% below its 10-year median of 6.29. GuruFocus rates ASX:IPG with a GF Score™ of 67/100 and a GF Value™ of A$5.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,217 Industrial Products companies, IPD Group ranks worse than 84.75% 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).
IPD Group's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.28.
The historical rank and industry rank for IPD Group's Net Current Asset Value or its related term are showing as below:
ASX:IPG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.33 Med: 6.29 Max: 20.57
Current: 20.29
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of IPD Group was 20.57. The lowest was 3.33. And the median was 6.29.
ASX:IPG's Price-to-Net-Current-Asset-Value is ranked worse than 84.75% of 2217
companies
in the Industrial Products industry
Industry Median: 5.49
vs ASX:IPG: 20.29
IPD Group (ASX:IPG) 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.
IPD Group Net Current Asset Value Related Terms
IPD Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for IPD 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:IPG vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, IPD 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.
IPD Group Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IPD Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where IPD 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$0.28 mean?
IPD Group (ASX:IPG) has a Net Current Asset Value of A$0.28 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 IPD Group and its competitors. This is 96% below median its historical median of 6.29. Over the past decade, IPD Group's Net Current Asset Value has ranged from 3.33 to 20.57. According to the industry distribution chart, IPD Group ranks #1879 out of 2217 companies in the Industrial Products industry, placing it in the top 84.8%.
Is IPD Group's Net Current Asset Value too high?
IPD Group's current Net Current Asset Value of A$0.28 is 96% below median its 10-year median of 6.29. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 20.57. Based on the distribution chart, IPD Group ranks #1879 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, IPD Group has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IPD Group's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, IPD Group ranks #1879 out of 2217 companies for Net Current Asset Value. This places IPD Group in the lower half of its industry. The industry median Net Current Asset Value is 5.49. Historically, IPD Group's own Net Current Asset Value has ranged from 3.33 to 20.57 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.49, based on 2,217 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 IPD Group and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPD Group's current Net Current Asset Value is A$0.28, which is 96% below median its own 10-year median of 6.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPD Group stock overvalued right now?
Based on GuruFocus' analysis, IPD Group (ASX:IPG) is currently considered Fairly Valued. The stock's GF Value™ is A$5.93, compared to a current price of A$5.68 — trading 4.2% below its estimated fair value. The current Net Current Asset Value is A$0.28, which is 96% below median its 10-year median of 6.29. IPD Group's overall GF Score™ is 67/100 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 IPD Group (ASX:IPG), the current Net Current Asset Value is A$0.28 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 IPD Group (ASX:IPG) Overvalued in 2026?
Based on GuruFocus' analysis, IPD Group stock appears to be undervalued.
The current stock price of A$5.68 is trading 4.2% below its estimated GF Value™ of A$5.93.
GuruFocus considers IPD Group to be Fairly Valued.
Key valuation signals for ASX:IPG:
Net Current Asset Value: A$0.28 (96% below median its 10-year median of 6.29)
GF Value™: A$5.93 vs. price of A$5.68 (4.2% below fair value)
No single metric tells the full story. See the ASX:IPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPD Group Ltd is a national distributor and service provider to the Australian electrical market. Its operating segment includes the Products division and Services division. The majority of the company's revenue is generated from its Products division, which is focused on the sale of electrical infrastructure products to customers, including switchboard manufacturers, electrical wholesalers, electrical contractors, power utilities, OEMs, and system integrators. It offers products across various categories such as power distribution, industrial and motor control, power monitoring, and electrical cables and cable plugs, among others. The Services division provides various services, including installation and commissioning, calibration and testing, maintenance and repairs, and refurbishment.
67GF Score
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