Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eve HoldingEVEX -0.42%29 Net Current Asset Value is $0.08 as of Mar. 2026, which is 99% below its 10-year median of 11.08. GuruFocus rates EVEX with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 198 Aerospace & Defense companies, Eve Holding ranks worse than 85.35% 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).
Eve Holding's net current asset value per share for the quarter that ended in Mar. 2026 was $0.08.
The historical rank and industry rank for Eve Holding's Net Current Asset Value or its related term are showing as below:
EVEX'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.25 Med: 11.08 Max: 686
Current: 29.75
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Eve Holding was 686.00. The lowest was 5.25. And the median was 11.08.
EVEX's Price-to-Net-Current-Asset-Value is ranked worse than 85.35% of 198
companies
in the Aerospace & Defense industry
Industry Median: 7.78
vs EVEX: 29.75
Eve Holding (NYSE:EVEX) 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.
Eve Holding Net Current Asset Value Related Terms
Eve Holding Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Eve Holding'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.
EVEX vs NPK, AVEX, PKE: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Eve Holding'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.
Eve Holding Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Eve Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Eve Holding'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 $0.08 mean?
Eve Holding (EVEX) has a Net Current Asset Value of $0.08 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 Eve Holding and its competitors. This is 99% below median its historical median of 11.08. Over the past decade, Eve Holding's Net Current Asset Value has ranged from 5.25 to 686.00. According to the industry distribution chart, Eve Holding ranks #169 out of 198 companies in the Aerospace & Defense industry, placing it in the top 85.4%.
Is Eve Holding's Net Current Asset Value too high?
Eve Holding's current Net Current Asset Value of $0.08 is 99% below median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 686.00. The Aerospace & Defense industry median Net Current Asset Value is 7.78. Eve Holding's value of $0.08 is 99% below this industry median. Based on the distribution chart, Eve Holding ranks #169 out of 198 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Eve Holding has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Eve Holding's Net Current Asset Value compare to NPK and AVEX?
According to the Aerospace & Defense industry distribution chart, Eve Holding ranks #169 out of 198 companies for Net Current Asset Value. This places Eve Holding in the lower half of its industry. The industry median Net Current Asset Value is 7.78. Eve Holding's value of $0.08 is 99% below this benchmark. Historically, Eve Holding's own Net Current Asset Value has ranged from 5.25 to 686.00 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 7.78, Eve Holding 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 7.78, based on 198 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. Eve Holding's current Net Current Asset Value of $0.08 is 99% 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 Eve Holding and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eve Holding's current Net Current Asset Value is $0.08, which is 99% below median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eve Holding stock overvalued right now?
Eve Holding (EVEX) has a current Net Current Asset Value of $0.08. The current Net Current Asset Value is $0.08, which is 99% below median its 10-year median of 11.08 and 99% below the Aerospace & Defense industry median of 7.78. Eve Holding's overall GF Score™ is 29/100 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 Eve Holding (EVEX), the current Net Current Asset Value is $0.08 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.
Eve Holding Inc is a provider of Urban Air Mobility solutions. The company's operating segments are; eVTOL that includes; the design and production of electric vertical take-off and landing vehicles (eVTOLs) including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators; Service and Operations Solutions segment which includes a portfolio of maintenance and support services focused on its and third-party eVTOLs; and the UATM segment, a new Urban Air Traffic Management system designed to allow eVTOLs to operate safely and efficiently in dense urban airspace alongside conventional aircraft and drones.
29GF Score
Get the complete analysis for EVEX
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EVEX has been successfully added to your 
