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Figure Technology SolutionsFIGR +0.07%15 Net Current Asset Value is $3.59 as of Mar. 2026, which is 64% below its 10-year median of 10.05. GuruFocus rates FIGR with a GF Scoreâ„¢ of 15/100. The stock has 3 warning signs investors should review. Among 502 Capital Markets companies, Figure Technology Solutions ranks worse than 74.7% 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).
Figure Technology Solutions's net current asset value per share for the quarter that ended in Mar. 2026 was $3.59.
The historical rank and industry rank for Figure Technology Solutions's Net Current Asset Value or its related term are showing as below:
FIGR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.84 Med: 10.05 Max: 11.44
Current: 7.97
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Figure Technology Solutions was 11.44. The lowest was 7.84. And the median was 10.05.
FIGR's Price-to-Net-Current-Asset-Value is ranked worse than 74.7% of 502
companies
in the Capital Markets industry
Industry Median: 2.69
vs FIGR: 7.97
Figure Technology Solutions (NAS:FIGR) 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 GrahamÂ’s 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.
Figure Technology Solutions Net Current Asset Value Related Terms
Figure Technology Solutions Net Current Asset Value Historical Data
* 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.
Figure Technology Solutions Net Current Asset Value Chart
FIGR vs BGC, VIRT, PIPR: Net Current Asset Value Comparison
For the Capital Markets subindustry, Figure Technology Solutions'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.
Figure Technology Solutions Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Figure Technology Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Figure Technology Solutions'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 $3.59 mean?
Figure Technology Solutions (FIGR) has a Net Current Asset Value of $3.59 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 Figure Technology Solutions and its competitors. This is 64% below median its historical median of 10.05. Over the past decade, Figure Technology Solutions' Net Current Asset Value has ranged from 7.84 to 11.44. According to the industry distribution chart, Figure Technology Solutions ranks #375 out of 502 companies in the Capital Markets industry, placing it in the top 74.7%.
Is Figure Technology Solutions' Net Current Asset Value too high?
Figure Technology Solutions' current Net Current Asset Value of $3.59 is 64% below median its 10-year median of 10.05. Over the past 10 years, this metric has ranged from a low of 7.84 to a high of 11.44. The Capital Markets industry median Net Current Asset Value is 2.69. Figure Technology Solutions' value of $3.59 is 33.5% above this industry median. Based on the distribution chart, Figure Technology Solutions ranks #375 out of 502 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Figure Technology Solutions has a GF Scoreâ„¢ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Figure Technology Solutions' Net Current Asset Value compare to BGC and VIRT?
According to the Capital Markets industry distribution chart, Figure Technology Solutions ranks #375 out of 502 companies for Net Current Asset Value. This places Figure Technology Solutions in the lower half of its industry. The industry median Net Current Asset Value is 2.69. Figure Technology Solutions' value of $3.59 is 33.5% above this benchmark. Historically, Figure Technology Solutions' own Net Current Asset Value has ranged from 7.84 to 11.44 over the past decade. While the company's 10-year median is 10.05 vs. the industry median of 2.69, Figure Technology Solutions 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.69, based on 502 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. Figure Technology Solutions's current Net Current Asset Value of $3.59 is 33.5% 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 Figure Technology Solutions and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Figure Technology Solutions's current Net Current Asset Value is $3.59, which is 64% below median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Figure Technology Solutions stock overvalued right now?
Figure Technology Solutions (FIGR) has a current Net Current Asset Value of $3.59. The current Net Current Asset Value is $3.59, which is 64% below median its 10-year median of 10.05 and 33.5% above the Capital Markets industry median of 2.69. Figure Technology Solutions' overall GF Score™ is 15/100 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 Figure Technology Solutions (FIGR), the current Net Current Asset Value is $3.59 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.
Figure Technology Solutions Inc is building the future of capital markets with blockchain technology. proprietary technology powers next-generation lending, trading, and investing activities in areas such as consumer credit and digital assets. Its use of the blockchain ledger allows them to serve their end customers, improve speed and efficiency, and enhance standardization and liquidity. The Company operates as a single operating and reportable segment. The company's geographical operations is within the USA, with the majority of revenue from California.
15GF Score
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