CUPR (Cuprina Holdings (Cayman)) Net Current Asset Value: $1.12 (As of Dec. 2025) — 61% Below Median

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CUPR Cuprina Holdings (Cayman) Ltd CUPR
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Price $4.22
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What is Cuprina Holdings (Cayman) Net Current Asset Value?

Cuprina Holdings (Cayman) CUPR -2.51% 10 Net Current Asset Value is $1.12 as of Dec. 2025, which is 61% below its 10-year median of 2.86. GuruFocus rates CUPR with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 569 Medical Devices & Instruments companies, Cuprina Holdings (Cayman) ranks better than 59.93% 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).

Cuprina Holdings (Cayman)'s net current asset value per share for the quarter that ended in Dec. 2025 was $1.12.

The historical rank and industry rank for Cuprina Holdings (Cayman)'s Net Current Asset Value or its related term are showing as below:

CUPR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.86   Med: 2.86   Max: 3.87
Current: 3.77

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cuprina Holdings (Cayman) was 3.87. The lowest was 2.86. And the median was 2.86.

CUPR's Price-to-Net-Current-Asset-Value is ranked better than
59.93% of 569 companies
in the Medical Devices & Instruments industry
Industry Median: 4.91 vs CUPR: 3.77

Cuprina Holdings (Cayman)  (NAS:CUPR) 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.


Cuprina Holdings (Cayman) Net Current Asset Value Related Terms


Cuprina Holdings (Cayman) Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Cuprina Holdings (Cayman)'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.

Cuprina Holdings (Cayman) Net Current Asset Value Chart

Cuprina Holdings (Cayman) Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-0.22 -0.53 -0.84 -1.24 1.12

Cuprina Holdings (Cayman) Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only -0.84 -1.01 -1.24 2.22 1.12

CUPR vs BNGO, UEEC, FEMY: Net Current Asset Value Comparison

For the Medical Instruments & Supplies subindustry, Cuprina Holdings (Cayman)'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.


Cuprina Holdings (Cayman) Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cuprina Holdings (Cayman)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Cuprina Holdings (Cayman)'s Price-to-Net-Current-Asset-Value falls into.


CUPR
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Cuprina Holdings (Cayman) Ltd CUPR
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Cuprina Holdings (Cayman) Net Current Asset Value Calculation

Cuprina Holdings (Cayman)'s Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5.68-2.672-0-0)/2.681
=1.12

Cuprina Holdings (Cayman)'s Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(5.68-2.672-0-0)/2.681
=1.12

* 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 $1.12 mean?
Cuprina Holdings (Cayman) (CUPR) has a Net Current Asset Value of $1.12 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Cuprina Holdings (Cayman) and its competitors. This is 61% below median its historical median of 2.86. Over the past decade, Cuprina Holdings (Cayman)'s Net Current Asset Value has ranged from 2.86 to 3.87. According to the industry distribution chart, Cuprina Holdings (Cayman) ranks #228 out of 569 companies in the Medical Devices & Instruments industry, placing it in the top 40.1%.
Is Cuprina Holdings (Cayman)'s Net Current Asset Value too high?
Cuprina Holdings (Cayman)'s current Net Current Asset Value of $1.12 is 61% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 3.87. The Medical Devices & Instruments industry median Net Current Asset Value is 4.91. Cuprina Holdings (Cayman)'s value of $1.12 is 77.2% below this industry median. Based on the distribution chart, Cuprina Holdings (Cayman) ranks #228 out of 569 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Cuprina Holdings (Cayman) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cuprina Holdings (Cayman)'s Net Current Asset Value compare to BNGO and UEEC?
According to the Medical Devices & Instruments industry distribution chart, Cuprina Holdings (Cayman) ranks #228 out of 569 companies for Net Current Asset Value. This puts Cuprina Holdings (Cayman) in the upper half of its industry. The industry median Net Current Asset Value is 4.91. Cuprina Holdings (Cayman)'s value of $1.12 is 77.2% below this benchmark. Historically, Cuprina Holdings (Cayman)'s own Net Current Asset Value has ranged from 2.86 to 3.87 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 4.91, Cuprina Holdings (Cayman) 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.91, based on 569 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. Cuprina Holdings (Cayman)'s current Net Current Asset Value of $1.12 is 77.2% 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 Cuprina Holdings (Cayman) and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cuprina Holdings (Cayman)'s current Net Current Asset Value is $1.12, which is 61% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cuprina Holdings (Cayman) stock overvalued right now?
Cuprina Holdings (Cayman) (CUPR) has a current Net Current Asset Value of $1.12. The current Net Current Asset Value is $1.12, which is 61% below median its 10-year median of 2.86 and 77.2% below the Medical Devices & Instruments industry median of 4.91. Cuprina Holdings (Cayman)'s overall GF Score™ is 10/100 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 Cuprina Holdings (Cayman) (CUPR), the current Net Current Asset Value is $1.12 as of Dec. 2025. 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.

Cuprina Holdings (Cayman) Business Description

Address c/o Blk 1090 Lower Delta Road No. 06-08, Singapore, SGP, 169201
Cuprina Holdings (Cayman) Ltd is a biomedical and biotechnology company that is dedicated to the development and commercialization of products for the management of chronic wounds, as well as operating in the health and beauty sector. It manufactured and distributed a line of medical grade sterile blowfly larvae bio-dressing products marketed under the MEDIFLY brand name, or the MEDIFLY products. The MEDIFLY products are used as a biological debridement tool for chronic wounds, in a procedure known as Maggot Debridement Therapy, or MDT, which is an effective alternative to surgical debridement.
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