DiodesDIOD +0.28%67 Net Current Asset Value is $15.11 as of Mar. 2026, which is 50% above its 10-year median of 10.08. GuruFocus rates DIOD with a GF Score™ of 67/100 and a GF Value™ of $67.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 720 Semiconductors companies, Diodes ranks better than 61.11% 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).
Diodes's net current asset value per share for the quarter that ended in Mar. 2026 was $15.11.
The historical rank and industry rank for Diodes's Net Current Asset Value or its related term are showing as below:
DIOD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.99 Med: 10.08 Max: 371.05
Current: 6.88
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Diodes was 371.05. The lowest was 2.99. And the median was 10.08.
DIOD's Price-to-Net-Current-Asset-Value is ranked better than 61.11% of 720
companies
in the Semiconductors industry
Industry Median: 9.585
vs DIOD: 6.88
Diodes (NAS:DIOD) 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.
Diodes Net Current Asset Value Related Terms
Diodes Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Diodes'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.
DIOD vs SYNA, POWI, NVTS: Net Current Asset Value Comparison
For the Semiconductors subindustry, Diodes'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.
Diodes Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Diodes's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Diodes'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 $15.11 mean?
Diodes (DIOD) has a Net Current Asset Value of $15.11 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 Diodes and its competitors. This is 50% above median its historical median of 10.08. Over the past decade, Diodes' Net Current Asset Value has ranged from 2.99 to 371.05. According to the industry distribution chart, Diodes ranks #280 out of 720 companies in the Semiconductors industry, placing it in the top 38.9%.
Is Diodes' Net Current Asset Value too high?
Diodes' current Net Current Asset Value of $15.11 is 50% above median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 371.05. The Semiconductors industry median Net Current Asset Value is 9.59. Diodes' value of $15.11 is 57.6% above this industry median. Based on the distribution chart, Diodes ranks #280 out of 720 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Diodes has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diodes' Net Current Asset Value compare to SYNA and POWI?
According to the Semiconductors industry distribution chart, Diodes ranks #280 out of 720 companies for Net Current Asset Value. This puts Diodes in the upper half of its industry. The industry median Net Current Asset Value is 9.59. Diodes' value of $15.11 is 57.6% above this benchmark. Historically, Diodes' own Net Current Asset Value has ranged from 2.99 to 371.05 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 9.59, Diodes has consistently been above 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 9.59, based on 720 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. Diodes's current Net Current Asset Value of $15.11 is 57.6% above 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 Diodes and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 9.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diodes's current Net Current Asset Value is $15.11, which is 50% above median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diodes stock overvalued right now?
Based on GuruFocus' analysis, Diodes (DIOD) is currently considered Significantly Overvalued. The stock's GF Value™ is $67.90, compared to a current price of $103.97 — trading 53.1% above its estimated fair value. The current Net Current Asset Value is $15.11, which is 50% above median its 10-year median of 10.08 and 57.6% above the Semiconductors industry median of 9.59. Diodes' overall GF Score™ is 67/100 with 5 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 Diodes (DIOD), the current Net Current Asset Value is $15.11 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 Diodes (DIOD) Overvalued in 2026?
Based on GuruFocus' analysis, Diodes stock appears to be overvalued.
The current stock price of $103.97 is trading 53.1% above its estimated GF Value™ of $67.90.
GuruFocus considers Diodes to be Significantly Overvalued.
Key valuation signals for DIOD:
Net Current Asset Value: $15.11 (50% above median its 10-year median of 10.08)
GF Value™: $67.90 vs. price of $103.97 (53.1% above fair value)
Industry Position: 57.6% above the Semiconductors median (#280 of 720)
No single metric tells the full story. See the DIOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diodes Inc is a manufacturer and supplier of high-quality application-specific products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. It serves the customer electronics, computing, communications, industrial, and automotive markets. The Company's products include diodes; rectifiers; transistors; MOSFETs; GPP bridges; GPP rectifiers; protection devices; function-specific arrays; single gate logic; amplifiers and comparators; Hall-effect and temperature sensors; and power management devices, including LED drivers, AC-DC converters and controllers, DC-DC switching and linear voltage regulators, voltage references along with special-function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers.
67GF Score
Get the complete analysis for DIOD
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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