BETA TechnologiesBETA +2.32%12 Net Current Asset Value is $5.80 as of Mar. 2026, which is 66% above its 10-year median of 3.50. GuruFocus rates BETA with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 197 Aerospace & Defense companies, BETA Technologies ranks better than 87.82% 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).
BETA Technologies's net current asset value per share for the quarter that ended in Mar. 2026 was $5.80.
The historical rank and industry rank for BETA Technologies's Net Current Asset Value or its related term are showing as below:
BETA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.53 Med: 3.5 Max: 4.46
Current: 2.89
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of BETA Technologies was 4.46. The lowest was 2.53. And the median was 3.50.
BETA's Price-to-Net-Current-Asset-Value is ranked better than 87.82% of 197
companies
in the Aerospace & Defense industry
Industry Median: 8.26
vs BETA: 2.89
BETA Technologies (NYSE:BETA) 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.
BETA Technologies Net Current Asset Value Related Terms
BETA Technologies Net Current Asset Value Historical Data
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The historical data trend for BETA Technologies'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.
BETA vs ACHR, ATRO, FLY: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, BETA Technologies'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.
BETA Technologies Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BETA Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where BETA Technologies'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 $5.80 mean?
BETA Technologies (BETA) has a Net Current Asset Value of $5.80 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on BETA Technologies and its competitors. This is 66% above median its historical median of 3.50. Over the past decade, BETA Technologies' Net Current Asset Value has ranged from 2.53 to 4.46. According to the industry distribution chart, BETA Technologies ranks #24 out of 197 companies in the Aerospace & Defense industry, placing it in the top 12.2%.
Is BETA Technologies' Net Current Asset Value too high?
BETA Technologies' current Net Current Asset Value of $5.80 is 66% above median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 4.46. The Aerospace & Defense industry median Net Current Asset Value is 8.26. BETA Technologies' value of $5.80 is 29.8% below this industry median. Based on the distribution chart, BETA Technologies ranks #24 out of 197 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, BETA Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BETA Technologies' Net Current Asset Value compare to ACHR and ATRO?
According to the Aerospace & Defense industry distribution chart, BETA Technologies ranks #24 out of 197 companies for Net Current Asset Value. This places BETA Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 8.26. BETA Technologies' value of $5.80 is 29.8% below this benchmark. Historically, BETA Technologies' own Net Current Asset Value has ranged from 2.53 to 4.46 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 8.26, BETA Technologies 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 an Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.26, based on 197 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. BETA Technologies's current Net Current Asset Value of $5.80 is 29.8% 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 BETA Technologies and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BETA Technologies's current Net Current Asset Value is $5.80, which is 66% above median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BETA Technologies stock overvalued right now?
BETA Technologies (BETA) has a current Net Current Asset Value of $5.80. The current Net Current Asset Value is $5.80, which is 66% above median its 10-year median of 3.50 and 29.8% below the Aerospace & Defense industry median of 8.26. BETA Technologies' overall GF Score™ is 12/100 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 BETA Technologies (BETA), the current Net Current Asset Value is $5.80 as of Mar. 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.
BETA Technologies Inc is an aerospace company. The group has developed an electric aircraft platform and propulsion systems that are positioned to transform the aviation industry forward into a new phase of growth. It designs, manufactures, and sells high-performance electric aircraft, modern electric propulsion systems, charging systems, and components. The group also invested in the underlying infrastructure of this breakthrough technology, which is critical to bringing electric aviation to life. The group has developed a differentiated presence in North America and is well-positioned to expand globally. Its products and services are Aircraft, Charge, Motor, Battery, Flight Controls, and Training. It has one operating segment: Development and Manufacturing of Electric Aircraft.
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