Donaldson CoDCI +0.64%94 Net Current Asset Value is $1.56 as of Apr. 2026, which is 100% below its 10-year median of 580.76. GuruFocus rates DCI with a GF Score™ of 94/100 and a GF Value™ of $81.22 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,217 Industrial Products companies, Donaldson Co ranks worse than 95.17% 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).
Donaldson Co's net current asset value per share for the quarter that ended in Apr. 2026 was $1.56.
The historical rank and industry rank for Donaldson Co's Net Current Asset Value or its related term are showing as below:
DCI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 56.52 Med: 580.76 Max: 4628
Current: 57.11
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Donaldson Co was 4628.00. The lowest was 56.52. And the median was 580.76.
DCI's Price-to-Net-Current-Asset-Value is ranked worse than 95.17% of 2217
companies
in the Industrial Products industry
Industry Median: 5.58
vs DCI: 57.11
Donaldson Co (NYSE:DCI) 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.
Donaldson Co Net Current Asset Value Related Terms
Donaldson Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Donaldson Co'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.
DCI vs GTLS, FLS, WTS: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Donaldson Co'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.
Donaldson Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Donaldson Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Donaldson Co'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 $1.56 mean?
Donaldson Co (DCI) has a Net Current Asset Value of $1.56 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Donaldson Co and its competitors. This is 100% below median its historical median of 580.76. Over the past decade, Donaldson Co's Net Current Asset Value has ranged from 56.52 to 4,628.00. According to the industry distribution chart, Donaldson Co ranks #2110 out of 2217 companies in the Industrial Products industry, placing it in the top 95.2%.
Is Donaldson Co's Net Current Asset Value too high?
Donaldson Co's current Net Current Asset Value of $1.56 is 100% below median its 10-year median of 580.76. Over the past 10 years, this metric has ranged from a low of 56.52 to a high of 4,628.00. The Industrial Products industry median Net Current Asset Value is 5.58. Donaldson Co's value of $1.56 is 72% below this industry median. Based on the distribution chart, Donaldson Co ranks #2110 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Donaldson Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Donaldson Co's Net Current Asset Value compare to GTLS and FLS?
According to the Industrial Products industry distribution chart, Donaldson Co ranks #2110 out of 2217 companies for Net Current Asset Value. This places Donaldson Co in the lower half of its industry. The industry median Net Current Asset Value is 5.58. Donaldson Co's value of $1.56 is 72% below this benchmark. Historically, Donaldson Co's own Net Current Asset Value has ranged from 56.52 to 4,628.00 over the past decade. While the company's 10-year median is 580.76 vs. the industry median of 5.58, Donaldson Co 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.58, based on 2,217 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. Donaldson Co's current Net Current Asset Value of $1.56 is 72% 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 Donaldson Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donaldson Co's current Net Current Asset Value is $1.56, which is 100% below median its own 10-year median of 580.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donaldson Co stock overvalued right now?
Based on GuruFocus' analysis, Donaldson Co (DCI) is currently considered Fairly Valued. The stock's GF Value™ is $81.22, compared to a current price of $89.09 — trading 9.7% above its estimated fair value. The current Net Current Asset Value is $1.56, which is 100% below median its 10-year median of 580.76 and 72% below the Industrial Products industry median of 5.58. Donaldson Co's overall GF Score™ is 94/100 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 Donaldson Co (DCI), the current Net Current Asset Value is $1.56 as of Apr. 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 Donaldson Co (DCI) Overvalued in 2026?
Based on GuruFocus' analysis, Donaldson Co stock appears to be overvalued.
The current stock price of $89.09 is trading 9.7% above its estimated GF Value™ of $81.22.
GuruFocus considers Donaldson Co to be Fairly Valued.
Key valuation signals for DCI:
Net Current Asset Value: $1.56 (100% below median its 10-year median of 580.76)
GF Value™: $81.22 vs. price of $89.09 (9.7% above fair value)
Industry Position: 72% below the Industrial Products median (#2110 of 2217)
No single metric tells the full story. See the DCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donaldson is a leading manufacturer of filtration systems and replacement parts, including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors. The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.7 billion in revenue in its fiscal 2025.
94GF Score
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