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).
Patriot Resources's net current asset value per share for the quarter that ended in Mar. 2026 was $0.03.
The historical rank and industry rank for Patriot Resources's Net Current Asset Value or its related term are showing as below:
FDOGF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.6 Med: 1.36 Max: 9.1
Current: 9.1
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Patriot Resources was 9.10. The lowest was 0.60. And the median was 1.36.
FDOGF's Price-to-Net-Current-Asset-Value is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 4.1
vs FDOGF: 9.10
Patriot Resources (OTCPK:FDOGF) 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.
Patriot Resources Net Current Asset Value Related Terms
Patriot Resources Net Current Asset Value Historical Data
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The historical data trend for Patriot Resources'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.
FDOGF vs PG, CL, KVUE: Net Current Asset Value Comparison
For the Household & Personal Products subindustry, Patriot Resources'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.
Patriot Resources Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Patriot Resources's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Patriot Resources'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 $0.03 mean?
Patriot Resources (FDOGF) has a Net Current Asset Value of $0.03 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 Patriot Resources and its competitors. This is 98% below median its historical median of 1.36. Over the past decade, Patriot Resources' Net Current Asset Value has ranged from 0.60 to 9.10.
Is Patriot Resources' Net Current Asset Value too high?
Patriot Resources' current Net Current Asset Value of $0.03 is 98% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 9.10. The Consumer Packaged Goods industry median Net Current Asset Value is 4.10. Patriot Resources' value of $0.03 is 99.3% below this industry median. Overall, Patriot Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Patriot Resources' Net Current Asset Value compare to PG and CL?
Patriot Resources' Net Current Asset Value of $0.03 can be compared against companies in the Consumer Packaged Goods industry. The industry median Net Current Asset Value is 4.10. Patriot Resources' value of $0.03 is 99.3% below this benchmark. Historically, Patriot Resources' own Net Current Asset Value has ranged from 0.60 to 9.10 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 4.10, Patriot Resources 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.10, based on 1,051 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. Patriot Resources's current Net Current Asset Value of $0.03 is 99.3% 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 Patriot Resources and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patriot Resources's current Net Current Asset Value is $0.03, which is 98% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patriot Resources stock overvalued right now?
Patriot Resources (FDOGF) has a current Net Current Asset Value of $0.03. The current Net Current Asset Value is $0.03, which is 98% below median its 10-year median of 1.36 and 99.3% below the Consumer Packaged Goods industry median of 4.10. Patriot Resources' overall GF Score™ is 32/100 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 Patriot Resources (FDOGF), the current Net Current Asset Value is $0.03 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.
Patriot Resources Corp is engaged in creating premium pet care products that are formulated with natural, ethically sourced ingredients; and are non-GMO and sulfate, paraben, and cruelty free for direct business to consumer sales. The company had one operating segment, being the manufacture of hair care and pet care products.
32GF Score
Get the complete analysis for FDOGF
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