FOCIF (Focusrite) Net Current Asset Value: $0.57 (As of Aug. 2025) — 93% Below Median


FOCIF Focusrite PLC FOCIF
83 GF Score
Price $2.14
GF Value $4.03
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Focusrite Net Current Asset Value?

Focusrite FOCIF 83 Net Current Asset Value is $0.57 as of Aug. 2025, which is 93% below its 10-year median of 8.33. GuruFocus rates FOCIF with a GF Score™ of 83/100 and a GF Value™ of $4.03 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 311 Travel & Leisure companies, Focusrite ranks worse than 55.63% 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).

Focusrite's net current asset value per share for the quarter that ended in Aug. 2025 was $0.57.

The historical rank and industry rank for Focusrite's Net Current Asset Value or its related term are showing as below:

FOCIF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.78   Med: 8.33   Max: 96.25
Current: 5.1

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Focusrite was 96.25. The lowest was 3.78. And the median was 8.33.

FOCIF's Price-to-Net-Current-Asset-Value is ranked worse than
55.63% of 311 companies
in the Travel & Leisure industry
Industry Median: 4.02 vs FOCIF: 5.10

Focusrite  (OTCPK:FOCIF) 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 Graham’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.


Focusrite Net Current Asset Value Related Terms


Focusrite Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Focusrite'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.

Focusrite Net Current Asset Value Chart

Focusrite Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.51 0.36 0.49 0.47

Focusrite Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.42 0.47 0.46 0.57

FOCIF vs AS, HAS, LTH: Net Current Asset Value Comparison

For the Leisure subindustry, Focusrite'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.


Focusrite Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Focusrite's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Focusrite's Price-to-Net-Current-Asset-Value falls into.


FOCIF
83GF Score
Focusrite PLC FOCIF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Focusrite Net Current Asset Value Calculation

Focusrite's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2024 is calculated as

Net Current Asset Value Per Share(A: Aug. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(139.845-112.223-0-0)/58.624
=0.47

Focusrite's Net Current Asset Value (NCAV) per share for the quarter that ended in Aug. 2025 is calculated as

Net Current Asset Value Per Share(Q: Aug. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(140.256-107.026-0-0)/58.072
=0.57

* 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 $0.57 mean?
Focusrite (FOCIF) has a Net Current Asset Value of $0.57 as of Aug. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Focusrite and its competitors. This is 93% below median its historical median of 8.33. Over the past decade, Focusrite's Net Current Asset Value has ranged from 3.78 to 96.25. According to the industry distribution chart, Focusrite ranks #173 out of 311 companies in the Travel & Leisure industry, placing it in the top 55.6%.
Is Focusrite's Net Current Asset Value too high?
Focusrite's current Net Current Asset Value of $0.57 is 93% below median its 10-year median of 8.33. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 96.25. The Travel & Leisure industry median Net Current Asset Value is 4.02. Focusrite's value of $0.57 is 85.8% below this industry median. Based on the distribution chart, Focusrite ranks #173 out of 311 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Focusrite has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focusrite's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Focusrite ranks #173 out of 311 companies for Net Current Asset Value. This places Focusrite in the lower half of its industry. The industry median Net Current Asset Value is 4.02. Focusrite's value of $0.57 is 85.8% below this benchmark. Historically, Focusrite's own Net Current Asset Value has ranged from 3.78 to 96.25 over the past decade. While the company's 10-year median is 8.33 vs. the industry median of 4.02, Focusrite 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.02, based on 311 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. Focusrite's current Net Current Asset Value of $0.57 is 85.8% 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 Focusrite and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focusrite's current Net Current Asset Value is $0.57, which is 93% below median its own 10-year median of 8.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focusrite stock overvalued right now?
Based on GuruFocus' analysis, Focusrite (FOCIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.03, compared to a current price of $2.14 — trading 46.9% below its estimated fair value. The current Net Current Asset Value is $0.57, which is 93% below median its 10-year median of 8.33 and 85.8% below the Travel & Leisure industry median of 4.02. Focusrite's overall GF Score™ is 83/100 with 7 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 Focusrite (FOCIF), the current Net Current Asset Value is $0.57 as of Aug. 2025. 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 Focusrite (FOCIF) Overvalued in 2026?

Based on GuruFocus' analysis, Focusrite stock appears to be undervalued. The current stock price of $2.14 is trading 46.9% below its estimated GF Value™ of $4.03. GuruFocus considers Focusrite to be Significantly Undervalued.

Key valuation signals for FOCIF:

  • Net Current Asset Value: $0.57 (93% below median its 10-year median of 8.33)
  • GF Value™: $4.03 vs. price of $2.14 (46.9% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 85.8% below the Travel & Leisure median (#173 of 311)

No single metric tells the full story. See the FOCIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Focusrite Business Description

Other Exchanges TUNE:UK0FO:Germany
Address Hillbottom Road, Artisan, High Wycombe, Buckinghamshire, GBR, HP12 4HJ
Focusrite PLC is a music and audio products company supplying hardware and software products used by musicians. The company's operating segments include Focusrite, Novation, ADAM Audio, Martin Audio, Sequential, and Sonox. The company generates maximum revenue from the Focusrite segment. Focusrite segment includes sales of Focusrite and Focusrite Pro branded products. Geographically, the majority of its revenue is generated from Europe, the Middle East and Africa region.
83GF Score

Get the complete analysis for FOCIF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.14
Price
$4.03
GF Value