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Globex Mining EnterprisesGLBXF -1.36%42 Net Current Asset Value is $0.51 as of Mar. 2026, which is 86% below its 10-year median of 3.66. GuruFocus rates GLBXF with a GF Score™ of 42/100 and a GF Value™ of $0.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,338 Metals & Mining companies, Globex Mining Enterprises ranks better than 80.79% 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).
Globex Mining Enterprises's net current asset value per share for the quarter that ended in Mar. 2026 was $0.51.
The historical rank and industry rank for Globex Mining Enterprises's Net Current Asset Value or its related term are showing as below:
GLBXF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.47 Med: 3.66 Max: 55
Current: 2.62
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Globex Mining Enterprises was 55.00. The lowest was 1.47. And the median was 3.66.
GLBXF's Price-to-Net-Current-Asset-Value is ranked better than 80.79% of 1338
companies
in the Metals & Mining industry
Industry Median: 6.775
vs GLBXF: 2.62
Globex Mining Enterprises (OTCPK:GLBXF) 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.
Globex Mining Enterprises Net Current Asset Value Related Terms
Globex Mining Enterprises Net Current Asset Value Historical Data
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The historical data trend for Globex Mining Enterprises'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.
Globex Mining Enterprises Net Current Asset Value Chart
Globex Mining Enterprises Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.
Globex Mining Enterprises Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Globex Mining Enterprises's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Globex Mining Enterprises'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 $0.51 mean?
Globex Mining Enterprises (GLBXF) has a Net Current Asset Value of $0.51 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 Globex Mining Enterprises and its competitors. This is 86% below median its historical median of 3.66. Over the past decade, Globex Mining Enterprises' Net Current Asset Value has ranged from 1.47 to 55.00. According to the industry distribution chart, Globex Mining Enterprises ranks #257 out of 1338 companies in the Metals & Mining industry, placing it in the top 19.2%.
Is Globex Mining Enterprises' Net Current Asset Value too high?
Globex Mining Enterprises' current Net Current Asset Value of $0.51 is 86% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 55.00. The Metals & Mining industry median Net Current Asset Value is 6.78. Globex Mining Enterprises' value of $0.51 is 92.5% below this industry median. Based on the distribution chart, Globex Mining Enterprises ranks #257 out of 1338 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Globex Mining Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Globex Mining Enterprises ranks #257 out of 1338 companies for Net Current Asset Value. This places Globex Mining Enterprises in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.78. Globex Mining Enterprises' value of $0.51 is 92.5% below this benchmark. Historically, Globex Mining Enterprises' own Net Current Asset Value has ranged from 1.47 to 55.00 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 6.78, Globex Mining Enterprises 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.78, based on 1,338 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. Globex Mining Enterprises's current Net Current Asset Value of $0.51 is 92.5% 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 Globex Mining Enterprises and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globex Mining Enterprises's current Net Current Asset Value is $0.51, which is 86% below median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globex Mining Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Globex Mining Enterprises (GLBXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $1.31 — trading 118.2% above its estimated fair value. The current Net Current Asset Value is $0.51, which is 86% below median its 10-year median of 3.66 and 92.5% below the Metals & Mining industry median of 6.78. Globex Mining Enterprises' overall GF Score™ is 42/100 with 2 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 Globex Mining Enterprises (GLBXF), the current Net Current Asset Value is $0.51 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 Globex Mining Enterprises (GLBXF) Overvalued in 2026?
Based on GuruFocus' analysis, Globex Mining Enterprises stock appears to be overvalued.
The current stock price of $1.31 is trading 118.2% above its estimated GF Value™ of $0.60.
GuruFocus considers Globex Mining Enterprises to be Significantly Overvalued.
Key valuation signals for GLBXF:
Net Current Asset Value: $0.51 (86% below median its 10-year median of 3.66)
GF Value™: $0.60 vs. price of $1.31 (118.2% above fair value)
Industry Position: 92.5% below the Metals & Mining median (#257 of 1338)
No single metric tells the full story. See the GLBXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
42GF Score
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