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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).
Socket Mobile's net current asset value per share for the quarter that ended in Mar. 2026 was €-0.20.
The historical rank and industry rank for Socket Mobile's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Socket Mobile was 50.00. The lowest was 3.06. And the median was 5.73.
FRA:SNB1's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.16 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Socket Mobile (FRA:SNB1) 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.
Socket Mobile Net Current Asset Value Related Terms
Socket Mobile Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Socket Mobile'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.
FRA:SNB1 vs BTCT, AGMH, ZSPC: Net Current Asset Value Comparison
For the Computer Hardware subindustry, Socket Mobile'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.
Socket Mobile Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Socket Mobile's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Socket Mobile'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 €-0.20 mean?
Socket Mobile (FRA:SNB1) has a Net Current Asset Value of €-0.20 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 Socket Mobile and its competitors. Over the past decade, Socket Mobile's Net Current Asset Value has ranged from 3.06 to 50.00. According to the industry distribution chart, Socket Mobile ranks #999999 out of 1846 companies in the Hardware industry.
Is Socket Mobile's Net Current Asset Value too high?
Socket Mobile's current Net Current Asset Value is €-0.20. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 50.00. Based on the distribution chart, Socket Mobile ranks #999999 out of 1846 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Socket Mobile has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Socket Mobile's Net Current Asset Value compare to BTCT and AGMH?
According to the Hardware industry distribution chart, Socket Mobile ranks #999999 out of 1846 companies for Net Current Asset Value. This places Socket Mobile in the lower half of its industry. The industry median Net Current Asset Value is 5.16. Historically, Socket Mobile's own Net Current Asset Value has ranged from 3.06 to 50.00 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.16, based on 1,846 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 Socket Mobile and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Socket Mobile's current Net Current Asset Value is €-0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Socket Mobile stock overvalued right now?
Based on GuruFocus' analysis, Socket Mobile (FRA:SNB1) is currently considered Possible Value Trap. The stock's GF Value™ is €0.76, compared to a current price of €0.44 — trading 42.1% below its estimated fair value. The current Net Current Asset Value is €-0.20. Socket Mobile's overall GF Score™ is 34/100 with 8 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 Socket Mobile (FRA:SNB1), the current Net Current Asset Value is €-0.20 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 Socket Mobile (FRA:SNB1) Overvalued in 2026?
Based on GuruFocus' analysis, Socket Mobile stock appears to be undervalued.
The current stock price of €0.44 is trading 42.1% below its estimated GF Value™ of €0.76.
GuruFocus considers Socket Mobile to be Possible Value Trap.
Key valuation signals for FRA:SNB1:
Net Current Asset Value: €-0.20
GF Value™: €0.76 vs. price of €0.44 (42.1% below fair value)
No single metric tells the full story. See the FRA:SNB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Socket Mobile Inc is a producer of data capture products. The company's products are integrated into mobile applications used in mobile point of sale (mPOS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. The company offers barcode scanning products for both one-dimensional, including imager and laser, and two-dimensional barcode scanning in standard and durable cases. The company's geographical segments are the United States, Europe, Asia and Rest of the world, of which the majority of the revenue is generated from the United States.
34GF Score
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