Connect Biopharma HoldingsCNTB -4.07%7 Net Current Asset Value is $0.60 as of Mar. 2026, which is 86% below its 10-year median of 4.34. GuruFocus rates CNTB with a GF Scoreâ„¢ of 7/100. The stock has 3 warning signs investors should review. Among 943 Biotechnology companies, Connect Biopharma Holdings ranks better than 56.1% 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).
Connect Biopharma Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $0.60.
The historical rank and industry rank for Connect Biopharma Holdings's Net Current Asset Value or its related term are showing as below:
CNTB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.66 Med: 4.34 Max: 4.37
Current: 3.93
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Connect Biopharma Holdings was 4.37. The lowest was 1.66. And the median was 4.34.
CNTB's Price-to-Net-Current-Asset-Value is ranked better than 56.1% of 943
companies
in the Biotechnology industry
Industry Median: 4.95
vs CNTB: 3.93
Connect Biopharma Holdings (NAS:CNTB) 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.
Connect Biopharma Holdings Net Current Asset Value Related Terms
Connect Biopharma 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.
Connect Biopharma Holdings Net Current Asset Value Chart
CNTB vs ENLV, SMNR, MENS: Net Current Asset Value Comparison
For the Biotechnology subindustry, Connect Biopharma 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.
Connect Biopharma Holdings Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Connect Biopharma Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Connect Biopharma 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 $0.60 mean?
Connect Biopharma Holdings (CNTB) has a Net Current Asset Value of $0.60 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 Connect Biopharma Holdings and its competitors. This is 86% below median its historical median of 4.34. Over the past decade, Connect Biopharma Holdings' Net Current Asset Value has ranged from 1.66 to 4.37. According to the industry distribution chart, Connect Biopharma Holdings ranks #414 out of 943 companies in the Biotechnology industry, placing it in the top 43.9%.
Is Connect Biopharma Holdings' Net Current Asset Value too high?
Connect Biopharma Holdings' current Net Current Asset Value of $0.60 is 86% below median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 4.37. The Biotechnology industry median Net Current Asset Value is 4.95. Connect Biopharma Holdings' value of $0.60 is 87.9% below this industry median. Based on the distribution chart, Connect Biopharma Holdings ranks #414 out of 943 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Connect Biopharma Holdings has a GF Scoreâ„¢ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Connect Biopharma Holdings' Net Current Asset Value compare to ENLV and SMNR?
According to the Biotechnology industry distribution chart, Connect Biopharma Holdings ranks #414 out of 943 companies for Net Current Asset Value. This puts Connect Biopharma Holdings in the upper half of its industry. The industry median Net Current Asset Value is 4.95. Connect Biopharma Holdings' value of $0.60 is 87.9% below this benchmark. Historically, Connect Biopharma Holdings' own Net Current Asset Value has ranged from 1.66 to 4.37 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 4.95, Connect Biopharma 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 4.95, based on 943 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. Connect Biopharma Holdings's current Net Current Asset Value of $0.60 is 87.9% 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 Connect Biopharma Holdings and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Connect Biopharma Holdings's current Net Current Asset Value is $0.60, which is 86% below median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Connect Biopharma Holdings stock overvalued right now?
Connect Biopharma Holdings (CNTB) has a current Net Current Asset Value of $0.60. The current Net Current Asset Value is $0.60, which is 86% below median its 10-year median of 4.34 and 87.9% below the Biotechnology industry median of 4.95. Connect Biopharma Holdings' overall GF Score™ is 7/100 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 Connect Biopharma Holdings (CNTB), the current Net Current Asset Value is $0.60 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.
Connect Biopharma Holdings Ltd is a clinical-stage biopharmaceutical company dedicated to transforming care for asthma and chronic obstructive pulmonary disease (COPD). The company is advancing rademikibart, a next-generation antibody designed to target interleukin-4-receptor alpha. It is currently conducting clinical studies of rademikibart for the treatment of acute exacerbations of asthma and COPD. The company operates in one operating segment: treatment of respiratory diseases.
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