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Cardio Diagnostics HoldingsCDIO +0.40%49 Net Current Asset Value is $2.40 as of Mar. 2026, which is 46% below its 10-year median of 4.48. GuruFocus rates CDIO with a GF Scoreâ„¢ of 49/100 and a GF Valueâ„¢ of $2.77 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 938 Biotechnology companies, Cardio Diagnostics Holdings ranks better than 95.31% 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).
Cardio Diagnostics Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $2.40.
The historical rank and industry rank for Cardio Diagnostics Holdings's Net Current Asset Value or its related term are showing as below:
CDIO'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.64 Med: 4.48 Max: 40.6
Current: 0.66
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cardio Diagnostics Holdings was 40.60. The lowest was 0.64. And the median was 4.48.
CDIO's Price-to-Net-Current-Asset-Value is ranked better than 95.31% of 938
companies
in the Biotechnology industry
Industry Median: 4.495
vs CDIO: 0.66
Cardio Diagnostics Holdings (NAS:CDIO) 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 GrahamÂ’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.
Cardio Diagnostics Holdings Net Current Asset Value Related Terms
Cardio Diagnostics Holdings Net Current Asset Value Historical Data
* 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.
Cardio Diagnostics Holdings Net Current Asset Value Chart
CDIO vs ERNA, LABT, JAGX: Net Current Asset Value Comparison
For the Biotechnology subindustry, Cardio Diagnostics Holdings'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.
Cardio Diagnostics Holdings Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Cardio Diagnostics Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cardio Diagnostics Holdings'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 $2.40 mean?
Cardio Diagnostics Holdings (CDIO) has a Net Current Asset Value of $2.40 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 Cardio Diagnostics Holdings and its competitors. This is 46% below median its historical median of 4.48. Over the past decade, Cardio Diagnostics Holdings' Net Current Asset Value has ranged from 0.64 to 40.60. According to the industry distribution chart, Cardio Diagnostics Holdings ranks #44 out of 938 companies in the Biotechnology industry, placing it in the top 4.7%.
Is Cardio Diagnostics Holdings' Net Current Asset Value too high?
Cardio Diagnostics Holdings' current Net Current Asset Value of $2.40 is 46% below median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 40.60. The Biotechnology industry median Net Current Asset Value is 4.50. Cardio Diagnostics Holdings' value of $2.40 is 46.6% below this industry median. Based on the distribution chart, Cardio Diagnostics Holdings ranks #44 out of 938 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Cardio Diagnostics Holdings has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cardio Diagnostics Holdings' Net Current Asset Value compare to ERNA and LABT?
According to the Biotechnology industry distribution chart, Cardio Diagnostics Holdings ranks #44 out of 938 companies for Net Current Asset Value. This places Cardio Diagnostics Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.50. Cardio Diagnostics Holdings' value of $2.40 is 46.6% below this benchmark. Historically, Cardio Diagnostics Holdings' own Net Current Asset Value has ranged from 0.64 to 40.60 over the past decade. While the company's 10-year median is 4.48 vs. the industry median of 4.50, Cardio Diagnostics Holdings 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.50, based on 938 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. Cardio Diagnostics Holdings's current Net Current Asset Value of $2.40 is 46.6% 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 Cardio Diagnostics Holdings and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardio Diagnostics Holdings's current Net Current Asset Value is $2.40, which is 46% below median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardio Diagnostics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cardio Diagnostics Holdings (CDIO) is currently considered Possible Value Trap. The stock's GF Value™ is $2.77, compared to a current price of $1.57 — trading 43.2% below its estimated fair value. The current Net Current Asset Value is $2.40, which is 46% below median its 10-year median of 4.48 and 46.6% below the Biotechnology industry median of 4.50. Cardio Diagnostics Holdings' overall GF Score™ is 49/100 with 3 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 Cardio Diagnostics Holdings (CDIO), the current Net Current Asset Value is $2.40 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.
Is Cardio Diagnostics Holdings (CDIO) Overvalued in 2026?
Based on GuruFocus' analysis, Cardio Diagnostics Holdings stock appears to be undervalued.
The current stock price of $1.57 is trading 43.2% below its estimated GF Value™ of $2.77.
GuruFocus considers Cardio Diagnostics Holdings to be Possible Value Trap.
Key valuation signals for CDIO:
Net Current Asset Value: $2.40 (46% below median its 10-year median of 4.48)
GF Value™: $2.77 vs. price of $1.57 (43.2% below fair value)
Industry Position: 46.6% below the Biotechnology median (#44 of 938)
No single metric tells the full story. See the CDIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cardio Diagnostics Holdings Inc is a medical technology company focused on developing and commercializing epigenetics-based clinical tests for cardiovascular diseases and associated comorbidities by leveraging its Artificial Intelligence (AI)-driven Multi-Omics Engine. The company has developed two clinical products: Epi+Gen CHD and PrecisionCHD, epigenetics-based clinical blood tests capable of assessing risk for a coronary heart disease (CHD) event, including heart attacks. Additionally, its portfolio includes HeartRisk, a cardiovascular disease risk intelligence platform, and CardioInnovate360, a research-use-only solution launched to support the discovery, development, and validation of novel biopharmaceuticals for the assessment and management of cardiovascular diseases.
49GF Score
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