5E Advanced MaterialsFEAM -2.11%32 Net Current Asset Value is $0.50 as of Mar. 2026, which is 98% below its 10-year median of 21.40. GuruFocus rates FEAM with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 947 Chemicals companies, 5E Advanced Materials ranks better than 70.22% 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).
5E Advanced Materials's net current asset value per share for the quarter that ended in Mar. 2026 was $0.50.
The historical rank and industry rank for 5E Advanced Materials's Net Current Asset Value or its related term are showing as below:
FEAM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.7 Med: 21.4 Max: 30.21
Current: 2.7
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of 5E Advanced Materials was 30.21. The lowest was 2.70. And the median was 21.40.
FEAM's Price-to-Net-Current-Asset-Value is ranked better than 70.22% of 947
companies
in the Chemicals industry
Industry Median: 5.27
vs FEAM: 2.70
5E Advanced Materials (NAS:FEAM) 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.
5E Advanced Materials Net Current Asset Value Related Terms
5E Advanced Materials Net Current Asset Value Historical Data
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The historical data trend for 5E Advanced Materials'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.
5E Advanced Materials Net Current Asset Value Chart
FEAM vs LOOP, BIOF, NTIC: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, 5E Advanced Materials'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.
5E Advanced Materials Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, 5E Advanced Materials's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where 5E Advanced Materials'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 $0.50 mean?
5E Advanced Materials (FEAM) has a Net Current Asset Value of $0.50 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 5E Advanced Materials and its competitors. This is 98% below median its historical median of 21.40. Over the past decade, 5E Advanced Materials' Net Current Asset Value has ranged from 2.70 to 30.21. According to the industry distribution chart, 5E Advanced Materials ranks #282 out of 947 companies in the Chemicals industry, placing it in the top 29.8%.
Is 5E Advanced Materials' Net Current Asset Value too high?
5E Advanced Materials' current Net Current Asset Value of $0.50 is 98% below median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 30.21. The Chemicals industry median Net Current Asset Value is 5.27. 5E Advanced Materials' value of $0.50 is 90.5% below this industry median. Based on the distribution chart, 5E Advanced Materials ranks #282 out of 947 companies in the Chemicals industry, which is above the industry midpoint. Overall, 5E Advanced Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does 5E Advanced Materials' Net Current Asset Value compare to LOOP and BIOF?
According to the Chemicals industry distribution chart, 5E Advanced Materials ranks #282 out of 947 companies for Net Current Asset Value. This puts 5E Advanced Materials in the upper half of its industry. The industry median Net Current Asset Value is 5.27. 5E Advanced Materials' value of $0.50 is 90.5% below this benchmark. Historically, 5E Advanced Materials' own Net Current Asset Value has ranged from 2.70 to 30.21 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 5.27, 5E Advanced Materials 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.27, based on 947 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. 5E Advanced Materials's current Net Current Asset Value of $0.50 is 90.5% 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 5E Advanced Materials and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 5E Advanced Materials's current Net Current Asset Value is $0.50, which is 98% below median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 5E Advanced Materials stock overvalued right now?
5E Advanced Materials (FEAM) has a current Net Current Asset Value of $0.50. The current Net Current Asset Value is $0.50, which is 98% below median its 10-year median of 21.40 and 90.5% below the Chemicals industry median of 5.27. 5E Advanced Materials' overall GF Score™ is 32/100 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 5E Advanced Materials (FEAM), the current Net Current Asset Value is $0.50 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.
5E Advanced Materials Inc is an exploration stage company focused on becoming a vertically integrated supplier of specialty boron and boron derivative materials whose mission is to enable decarbonization, increase food security, and ensure domestic supply of critical materials. It has a project located in southern California underpinned by a mineral resource that includes boron and lithium, with the boron being contained in a conventional boron mineral known as colemanite. The company seeks to extract and process the minerals into boric acid, boron materials, lithium carbonate, and potentially other co-products on a commercial scale.
32GF Score
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