Racura OncologyASX:RAC +3.64%31 Net Current Asset Value is A$0.11 as of Dec. 2025, which is 100% below its 10-year median of 13.50. GuruFocus rates ASX:RAC with a GF Score™ of 31/100. Among 946 Biotechnology companies, Racura Oncology ranks worse than 86.05% 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).
Racura Oncology's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.11.
The historical rank and industry rank for Racura Oncology's Net Current Asset Value or its related term are showing as below:
ASX:RAC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.56 Med: 13.5 Max: 52.43
Current: 20.73
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Racura Oncology was 52.43. The lowest was 0.56. And the median was 13.50.
ASX:RAC's Price-to-Net-Current-Asset-Value is ranked worse than 86.05% of 946
companies
in the Biotechnology industry
Industry Median: 4.85
vs ASX:RAC: 20.73
Racura Oncology (ASX:RAC) 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.
Racura Oncology Net Current Asset Value Related Terms
Racura Oncology Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Racura Oncology'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:RAC vs VRTX, REGN, ALNY: Net Current Asset Value Comparison
For the Biotechnology subindustry, Racura Oncology'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.
Racura Oncology Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Racura Oncology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Racura Oncology'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$0.11 mean?
Racura Oncology (ASX:RAC) has a Net Current Asset Value of A$0.11 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 Racura Oncology and its competitors. This is 99% below median its historical median of 13.50. Over the past decade, Racura Oncology's Net Current Asset Value has ranged from 0.56 to 52.43. According to the industry distribution chart, Racura Oncology ranks #814 out of 946 companies in the Biotechnology industry, placing it in the top 86%.
Is Racura Oncology's Net Current Asset Value too high?
Racura Oncology's current Net Current Asset Value of A$0.11 is 99% below median its 10-year median of 13.50. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 52.43. Based on the distribution chart, Racura Oncology ranks #814 out of 946 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Racura Oncology has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Racura Oncology's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Racura Oncology ranks #814 out of 946 companies for Net Current Asset Value. This places Racura Oncology in the lower half of its industry. The industry median Net Current Asset Value is 4.85. Historically, Racura Oncology's own Net Current Asset Value has ranged from 0.56 to 52.43 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.85, based on 946 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 Racura Oncology and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Racura Oncology's current Net Current Asset Value is A$0.11, which is 99% below median its own 10-year median of 13.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Racura Oncology stock overvalued right now?
Racura Oncology (ASX:RAC) has a current Net Current Asset Value of A$0.11. The current Net Current Asset Value is A$0.11, which is 99% below median its 10-year median of 13.50. Racura Oncology's overall GF Score™ is 31/100. 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 Racura Oncology (ASX:RAC), the current Net Current Asset Value is A$0.11 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.
Racura Oncology Ltd is a developer of an oncology therapeutics platform designed to develop targeted cancer treatments. The company offers precision oncology drug development, biomarker-driven research, and cancer metabolism therapies, enabling healthcare providers and cancer patients to access targeted treatment options with improved therapeutic outcomes.
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