FRFLF (FRNT Financial) Net Current Asset Value: $0.04 (As of Mar. 2026) — 99% Below Median


What is FRNT Financial Net Current Asset Value?

FRNT Financial FRFLF -22.64% Net Current Asset Value is $0.04 as of Mar. 2026, which is 99% below its 10-year median of 3.98. The stock has 4 warning signs investors should review. Among 503 Capital Markets companies, FRNT Financial ranks better than 60.44% 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).

FRNT Financial's net current asset value per share for the quarter that ended in Mar. 2026 was $0.04.

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

FRFLF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.43   Med: 3.98   Max: 7.58
Current: 1.64

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of FRNT Financial was 7.58. The lowest was 1.43. And the median was 3.98.

FRFLF's Price-to-Net-Current-Asset-Value is ranked better than
60.44% of 503 companies
in the Capital Markets industry
Industry Median: 2.85 vs FRFLF: 1.64

FRNT Financial  (OTCPK:FRFLF) 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.


FRNT Financial Net Current Asset Value Related Terms


FRNT Financial Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for FRNT Financial'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.

FRNT Financial Net Current Asset Value Chart

FRNT Financial Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
0.11 0.17 0.11 0.09 0.04

FRNT Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.06 0.04 0.06 0.04 0.04

FRFLF vs MS, GS, SCHW: Net Current Asset Value Comparison

For the Capital Markets subindustry, FRNT Financial'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.


FRNT Financial Price-to-Net-Current-Asset-Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FRNT Financial's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



FRNT Financial Net Current Asset Value Calculation

FRNT Financial's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.921-0.262-0-0)/37.546
=0.04

FRNT Financial'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)
=(1.983-0.347-0-0)/42.546
=0.04

* 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 $0.04 mean?
FRNT Financial (FRFLF) has a Net Current Asset Value of $0.04 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 FRNT Financial and its competitors. This is 99% below median its historical median of 3.98. Over the past decade, FRNT Financial's Net Current Asset Value has ranged from 1.43 to 7.58. According to the industry distribution chart, FRNT Financial ranks #199 out of 503 companies in the Capital Markets industry, placing it in the top 39.6%.
Is FRNT Financial's Net Current Asset Value too high?
FRNT Financial's current Net Current Asset Value of $0.04 is 99% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 7.58. The Capital Markets industry median Net Current Asset Value is 2.85. FRNT Financial's value of $0.04 is 98.6% below this industry median. Based on the distribution chart, FRNT Financial ranks #199 out of 503 companies in the Capital Markets industry, which is above the industry midpoint.
How does FRNT Financial's Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, FRNT Financial ranks #199 out of 503 companies for Net Current Asset Value. This puts FRNT Financial in the upper half of its industry. The industry median Net Current Asset Value is 2.85. FRNT Financial's value of $0.04 is 98.6% below this benchmark. Historically, FRNT Financial's own Net Current Asset Value has ranged from 1.43 to 7.58 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 2.85, FRNT Financial 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.85, based on 503 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. FRNT Financial's current Net Current Asset Value of $0.04 is 98.6% 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 FRNT Financial and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRNT Financial's current Net Current Asset Value is $0.04, which is 99% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRNT Financial stock overvalued right now?
Based on GuruFocus' analysis, FRNT Financial (FRFLF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.33, compared to a current price of $0.07 — trading 80.1% below its estimated fair value. The current Net Current Asset Value is $0.04, which is 99% below median its 10-year median of 3.98 and 98.6% below the Capital Markets industry median of 2.85. 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 FRNT Financial (FRFLF), the current Net Current Asset Value is $0.04 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.

FRNT Financial Business Description

Other Exchanges FRNT:Canada
Address 49 Wellington Street East, Unit 200, Toronto, ON, CAN, M5E 1C9
FRNT Financial Inc is a next-generation institutional sales and trading platform. It has one segment focused around developing and offering its capital market trading platform to institutional investors. The Company is a financial technology company that provides a capital markets trading platform for institutional investors to access alternative trading opportunities.