Mission ProduceAVO -1.16%79 Net Current Asset Value is $-2.06 as of Apr. 2026. GuruFocus rates AVO with a GF Score™ of 79/100 and a GF Value™ of $12.82 (Fairly Valued). The stock has 4 warning signs investors should review. Among 132 Retail - Defensive companies, Mission Produce ranks worse than 757575% 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).
Mission Produce's net current asset value per share for the quarter that ended in Apr. 2026 was $-2.06.
The historical rank and industry rank for Mission Produce's Net Current Asset Value or its related term are showing as below:
AVO's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.24 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Mission Produce (NAS:AVO) 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.
Mission Produce Net Current Asset Value Related Terms
Mission Produce Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Mission Produce'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.
AVO vs WILC, HFFG, DIT: Net Current Asset Value Comparison
For the Food Distribution subindustry, Mission Produce'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.
Mission Produce Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Mission Produce's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mission Produce'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 $-2.06 mean?
Mission Produce (AVO) has a Net Current Asset Value of $-2.06 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mission Produce and its competitors. According to the industry distribution chart, Mission Produce ranks #999999 out of 132 companies in the Retail - Defensive industry.
Is Mission Produce's Net Current Asset Value too high?
Mission Produce's current Net Current Asset Value is $-2.06. Based on the distribution chart, Mission Produce ranks #999999 out of 132 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Mission Produce has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mission Produce's Net Current Asset Value compare to WILC and HFFG?
According to the Retail - Defensive industry distribution chart, Mission Produce ranks #999999 out of 132 companies for Net Current Asset Value. This places Mission Produce in the lower half of its industry. The industry median Net Current Asset Value is 3.24. 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 Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.24, based on 132 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 Mission Produce and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Produce's current Net Current Asset Value is $-2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Produce stock overvalued right now?
Based on GuruFocus' analysis, Mission Produce (AVO) is currently considered Fairly Valued. The stock's GF Value™ is $12.82, compared to a current price of $11.92 — trading 7% below its estimated fair value. The current Net Current Asset Value is $-2.06. Mission Produce's overall GF Score™ is 79/100 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 Mission Produce (AVO), the current Net Current Asset Value is $-2.06 as of Apr. 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 Mission Produce (AVO) Overvalued in 2026?
Based on GuruFocus' analysis, Mission Produce stock appears to be undervalued.
The current stock price of $11.92 is trading 7% below its estimated GF Value™ of $12.82.
GuruFocus considers Mission Produce to be Fairly Valued.
Key valuation signals for AVO:
Net Current Asset Value: $-2.06
GF Value™: $12.82 vs. price of $11.92 (7% below fair value)
No single metric tells the full story. See the AVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mission Produce Inc produces, packs, and distributes mainly Hass avocados to retail, wholesale, and food service customers, offering pre-ripe and ripened fruit tailored to customer specifications through its network of ripening facilities. The Company operates through three segments: Marketing & Distribution, which sources and distributes fruit globally and generates the majority of revenue; International Farming, which owns and operates avocado orchards and supplies fruit mainly to Marketing & Distribution, with operations principally in Peru and Guatemala; and Blueberries, which farms blueberries sold under an exclusive marketing agreement. The Company's operations span Peru, the United States, Guatemala, Mexico, Europe, and Canada.
79GF Score
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