Champion IronCIAFF +3.73%71 Net Current Asset Value is $-1.55 as of Mar. 2026. GuruFocus rates CIAFF with a GF Score™ of 71/100 and a GF Value™ of $4.30 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 368 Steel companies, Champion Iron ranks worse than 271738.86% 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).
Champion Iron's net current asset value per share for the quarter that ended in Mar. 2026 was $-1.55.
The historical rank and industry rank for Champion Iron's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Champion Iron was 16.12. The lowest was 16.12. And the median was 16.12.
CIAFF's Price-to-Net-Current-Asset-Value is not ranked *
in the Steel industry.
Industry Median: 2.95 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Champion Iron (OTCPK:CIAFF) 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.
Champion Iron Net Current Asset Value Related Terms
Champion Iron Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Champion Iron'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.
CIAFF vs NUE, STLD, RS: Net Current Asset Value Comparison
For the Steel subindustry, Champion Iron'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.
Champion Iron Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Champion Iron's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Champion Iron'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 $-1.55 mean?
Champion Iron (CIAFF) has a Net Current Asset Value of $-1.55 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 Champion Iron and its competitors. Over the past decade, Champion Iron's Net Current Asset Value has ranged from 16.12 to 16.12. According to the industry distribution chart, Champion Iron ranks #999999 out of 368 companies in the Steel industry.
Is Champion Iron's Net Current Asset Value too high?
Champion Iron's current Net Current Asset Value is $-1.55. Over the past 10 years, this metric has ranged from a low of 16.12 to a high of 16.12. Based on the distribution chart, Champion Iron ranks #999999 out of 368 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Champion Iron has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Champion Iron's Net Current Asset Value compare to NUE and STLD?
According to the Steel industry distribution chart, Champion Iron ranks #999999 out of 368 companies for Net Current Asset Value. This places Champion Iron in the lower half of its industry. The industry median Net Current Asset Value is 2.95. Historically, Champion Iron's own Net Current Asset Value has ranged from 16.12 to 16.12 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.95, based on 368 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 Champion Iron and its competitors. For the Steel industry, the median Net Current Asset Value is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Champion Iron's current Net Current Asset Value is $-1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Iron stock overvalued right now?
Based on GuruFocus' analysis, Champion Iron (CIAFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.30, compared to a current price of $2.87 — trading 33.2% below its estimated fair value. The current Net Current Asset Value is $-1.55. Champion Iron's overall GF Score™ is 71/100 with 6 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 Champion Iron (CIAFF), the current Net Current Asset Value is $-1.55 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 Champion Iron (CIAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Champion Iron stock appears to be undervalued.
The current stock price of $2.87 is trading 33.2% below its estimated GF Value™ of $4.30.
GuruFocus considers Champion Iron to be Significantly Undervalued.
Key valuation signals for CIAFF:
Net Current Asset Value: $-1.55
GF Value™: $4.30 vs. price of $2.87 (33.2% below fair value)
No single metric tells the full story. See the CIAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate, Exploration and Evaluation, and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.
71GF Score
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