LunR Royalties (FRA:A6E) Net Current Asset Value: €-0.01 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:A6E LunR Royalties Corp FRA:A6E
20 GF Score
Price €11.10
View Full Analysis

What is LunR Royalties Net Current Asset Value?

LunR Royalties FRA:A6E -3.48% 20 Net Current Asset Value is €-0.01 as of Mar. 2026. GuruFocus rates FRA:A6E with a GF Score™ of 20/100. Among 1,350 Metals & Mining companies, LunR Royalties ranks worse than 74074% 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).

LunR Royalties's net current asset value per share for the quarter that ended in Mar. 2026 was €-0.01.

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

During the past 1 years, the highest Price-to-Net-Current-Asset-Value Ratio of LunR Royalties was 652.50. The lowest was 652.50. And the median was 652.50.

FRA:A6E's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.4
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

LunR Royalties  (FRA:A6E) 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.


LunR Royalties Net Current Asset Value Related Terms


LunR Royalties Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for LunR Royalties'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.

LunR Royalties Net Current Asset Value Chart

LunR Royalties Annual Data
Trend Dec25
Net Current Asset Value
0.00

LunR Royalties Quarterly Data
Sep25 Dec25 Mar26
Net Current Asset Value 0.00 0.01 -0.01

LunR Royalties Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, LunR Royalties'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.


LunR Royalties Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, LunR Royalties's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


FRA:A6E
20GF Score
LunR Royalties Corp FRA:A6E
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LunR Royalties Net Current Asset Value Calculation

LunR Royalties's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.218-0.205-0-0)/0
=N/A

LunR Royalties's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.441-0.988-0-0)/70.385
=-0.01

* 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 €-0.01 mean?
LunR Royalties (FRA:A6E) has a Net Current Asset Value of €-0.01 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 LunR Royalties and its competitors. Over the past decade, LunR Royalties' Net Current Asset Value has ranged from 652.50 to 652.50. According to the industry distribution chart, LunR Royalties ranks #999999 out of 1350 companies in the Metals & Mining industry.
Is LunR Royalties' Net Current Asset Value too high?
LunR Royalties' current Net Current Asset Value is €-0.01. Over the past 10 years, this metric has ranged from a low of 652.50 to a high of 652.50. Based on the distribution chart, LunR Royalties ranks #999999 out of 1350 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, LunR Royalties has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does LunR Royalties' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, LunR Royalties ranks #999999 out of 1350 companies for Net Current Asset Value. This places LunR Royalties in the lower half of its industry. The industry median Net Current Asset Value is 6.40. Historically, LunR Royalties' own Net Current Asset Value has ranged from 652.50 to 652.50 over the past decade. 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.40, based on 1,350 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. 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 LunR Royalties and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LunR Royalties's current Net Current Asset Value is €-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LunR Royalties stock overvalued right now?
LunR Royalties (FRA:A6E) has a current Net Current Asset Value of €-0.01. The current Net Current Asset Value is €-0.01. LunR Royalties' overall GF Score™ is 20/100. 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 LunR Royalties (FRA:A6E), the current Net Current Asset Value is €-0.01 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.

LunR Royalties Business Description

Other Exchanges LUNR:Canada
Address 1055 Dunsmuir Street, Suite 2800, Po Box 49225, Vancouver, BC, CAN, V7X 1L2
LunR Royalties Corp is an emerging royalty and streaming company based in Canada, focused on building and managing a portfolio of high-quality mining royalty and stream interests to create meaningful and lasting value for stakeholders.
20GF Score

Get the complete analysis for FRA:A6E

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

€11.10
Price