BBBMF (Lux Metals) Net Current Asset Value: $0.03 (As of Feb. 2026) — 100% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BBBMF Lux Metals Corp BBBMF
35 GF Score
Price $0.11
! 1 Warning Sign
View Full Analysis

What is Lux Metals Net Current Asset Value?

Lux Metals BBBMF +14.40% 35 Net Current Asset Value is $0.03 as of Feb. 2026, which is 100% below its 10-year median of 7.73. GuruFocus rates BBBMF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 1,344 Metals & Mining companies, Lux Metals ranks better than 80.73% 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).

Lux Metals's net current asset value per share for the quarter that ended in Feb. 2026 was $0.03.

The historical rank and industry rank for Lux Metals's Net Current Asset Value or its related term are showing as below:

BBBMF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.9   Med: 7.73   Max: 125
Current: 3.81

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lux Metals was 125.00. The lowest was 2.90. And the median was 7.73.

BBBMF's Price-to-Net-Current-Asset-Value is ranked better than
80.73% of 1344 companies
in the Metals & Mining industry
Industry Median: 6.625 vs BBBMF: 3.81

Lux Metals  (OTCPK:BBBMF) 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 Graham’s 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.


Lux Metals Net Current Asset Value Related Terms


Lux Metals Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Lux Metals'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.

Lux Metals Net Current Asset Value Chart

Lux Metals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.00 0.00 -0.01 0.00

Lux Metals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.03

Lux Metals Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lux Metals'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.


Lux Metals Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lux Metals's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Lux Metals's Price-to-Net-Current-Asset-Value falls into.


BBBMF
35GF Score
Lux Metals Corp BBBMF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lux Metals Net Current Asset Value Calculation

Lux Metals's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2025 is calculated as

Net Current Asset Value Per Share(A: Aug. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.183-0.134-0-0)/38.561
=0.00

Lux Metals's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2026 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.692-0.057-0-0)/75.705
=0.03

* 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 $0.03 mean?
Lux Metals (BBBMF) has a Net Current Asset Value of $0.03 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Lux Metals and its competitors. This is 100% below median its historical median of 7.73. Over the past decade, Lux Metals' Net Current Asset Value has ranged from 2.90 to 125.00. According to the industry distribution chart, Lux Metals ranks #259 out of 1344 companies in the Metals & Mining industry, placing it in the top 19.3%.
Is Lux Metals' Net Current Asset Value too high?
Lux Metals' current Net Current Asset Value of $0.03 is 100% below median its 10-year median of 7.73. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 125.00. The Metals & Mining industry median Net Current Asset Value is 6.63. Lux Metals' value of $0.03 is 99.5% below this industry median. Based on the distribution chart, Lux Metals ranks #259 out of 1344 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lux Metals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Lux Metals' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Lux Metals ranks #259 out of 1344 companies for Net Current Asset Value. This places Lux Metals in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.63. Lux Metals' value of $0.03 is 99.5% below this benchmark. Historically, Lux Metals' own Net Current Asset Value has ranged from 2.90 to 125.00 over the past decade. While the company's 10-year median is 7.73 vs. the industry median of 6.63, Lux Metals has consistently been below the industry average. 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.63, based on 1,344 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. Lux Metals's current Net Current Asset Value of $0.03 is 99.5% below the industry median. 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 Lux Metals and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lux Metals's current Net Current Asset Value is $0.03, which is 100% below median its own 10-year median of 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lux Metals stock overvalued right now?
Lux Metals (BBBMF) has a current Net Current Asset Value of $0.03. The current Net Current Asset Value is $0.03, which is 100% below median its 10-year median of 7.73 and 99.5% below the Metals & Mining industry median of 6.63. Lux Metals' overall GF Score™ is 35/100 with 1 warning sign 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 Lux Metals (BBBMF), the current Net Current Asset Value is $0.03 as of Feb. 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.

Lux Metals Business Description

Other Exchanges GP80:GermanyLXM:Canada
Address 200 Burrard Street, Suite 1615, Vancouver, BC, CAN, V6C 3L6
Lux Metals Corp is engaged in the acquisition, exploration, and evaluation of mineral properties and is developing a strategic portfolio of gold assets in North America. The Company operates in one operating segment, being the exploration and evaluation of mineral resource properties, within two geographical locations: Canada and the United States. The Lux Project is an early-stage exploration property located north of La Ronge, Saskatchewan.
35GF Score

Get the complete analysis for BBBMF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price