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Franklin WirelessFKWL -1.27%46 Net Current Asset Value is $2.35 as of Mar. 2026, which is 34% above its 10-year median of 1.75. GuruFocus rates FKWL with a GF Score™ of 46/100 and a GF Value™ of $4.11 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,847 Hardware companies, Franklin Wireless ranks better than 92.91% 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).
Franklin Wireless's net current asset value per share for the quarter that ended in Mar. 2026 was $2.35.
The historical rank and industry rank for Franklin Wireless's Net Current Asset Value or its related term are showing as below:
FKWL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.95 Med: 1.75 Max: 7.34
Current: 1
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Franklin Wireless was 7.34. The lowest was 0.95. And the median was 1.75.
FKWL's Price-to-Net-Current-Asset-Value is ranked better than 92.91% of 1847
companies
in the Hardware industry
Industry Median: 5
vs FKWL: 1.00
Franklin Wireless (NAS:FKWL) 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.
Franklin Wireless Net Current Asset Value Related Terms
Franklin Wireless Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Franklin Wireless'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.
FKWL vs BOSC, FIEE, UTSI: Net Current Asset Value Comparison
For the Communication Equipment subindustry, Franklin Wireless'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.
Franklin Wireless Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Franklin Wireless's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Franklin Wireless'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 $2.35 mean?
Franklin Wireless (FKWL) has a Net Current Asset Value of $2.35 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 Franklin Wireless and its competitors. This is 34% above median its historical median of 1.75. Over the past decade, Franklin Wireless' Net Current Asset Value has ranged from 0.95 to 7.34. According to the industry distribution chart, Franklin Wireless ranks #131 out of 1847 companies in the Hardware industry, placing it in the top 7.1%.
Is Franklin Wireless' Net Current Asset Value too high?
Franklin Wireless' current Net Current Asset Value of $2.35 is 34% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 7.34. The Hardware industry median Net Current Asset Value is 5.00. Franklin Wireless' value of $2.35 is 53% below this industry median. Based on the distribution chart, Franklin Wireless ranks #131 out of 1847 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Franklin Wireless has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Wireless' Net Current Asset Value compare to BOSC and FIEE?
According to the Hardware industry distribution chart, Franklin Wireless ranks #131 out of 1847 companies for Net Current Asset Value. This places Franklin Wireless in the top 7% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.00. Franklin Wireless' value of $2.35 is 53% below this benchmark. Historically, Franklin Wireless' own Net Current Asset Value has ranged from 0.95 to 7.34 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 5.00, Franklin Wireless 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.00, based on 1,847 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. Franklin Wireless's current Net Current Asset Value of $2.35 is 53% 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 Franklin Wireless and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Wireless's current Net Current Asset Value is $2.35, which is 34% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Wireless stock overvalued right now?
Based on GuruFocus' analysis, Franklin Wireless (FKWL) is currently considered Possible Value Trap. The stock's GF Value™ is $4.11, compared to a current price of $2.34 — trading 43.1% below its estimated fair value. The current Net Current Asset Value is $2.35, which is 34% above median its 10-year median of 1.75 and 53% below the Hardware industry median of 5.00. Franklin Wireless' overall GF Score™ is 46/100 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 Franklin Wireless (FKWL), the current Net Current Asset Value is $2.35 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 Franklin Wireless (FKWL) Overvalued in 2026?
Based on GuruFocus' analysis, Franklin Wireless stock appears to be undervalued.
The current stock price of $2.34 is trading 43.1% below its estimated GF Value™ of $4.11.
GuruFocus considers Franklin Wireless to be Possible Value Trap.
Key valuation signals for FKWL:
Net Current Asset Value: $2.35 (34% above median its 10-year median of 1.75)
GF Value™: $4.11 vs. price of $2.34 (43.1% below fair value)
Industry Position: 53% below the Hardware median (#131 of 1847)
No single metric tells the full story. See the FKWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
46GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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