GRNWF (Greenlane Renewables) Net Current Asset Value: $0.04 (As of Mar. 2026) — 99% Below Median


GRNWF Greenlane Renewables Inc GRNWF
50 GF Score
Price $0.14
GF Value $0.09
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Greenlane Renewables Net Current Asset Value?

Greenlane Renewables GRNWF 50 Net Current Asset Value is $0.04 as of Mar. 2026, which is 99% below its 10-year median of 3.71. GuruFocus rates GRNWF with a GF Score™ of 50/100 and a GF Value™ of $0.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,215 Industrial Products companies, Greenlane Renewables ranks better than 56.84% 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).

Greenlane Renewables'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 Greenlane Renewables's Net Current Asset Value or its related term are showing as below:

GRNWF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.08   Med: 3.71   Max: 38.5
Current: 4.72

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Greenlane Renewables was 38.50. The lowest was 1.08. And the median was 3.71.

GRNWF's Price-to-Net-Current-Asset-Value is ranked better than
56.84% of 2215 companies
in the Industrial Products industry
Industry Median: 5.14 vs GRNWF: 4.72

Greenlane Renewables  (OTCPK:GRNWF) 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.


Greenlane Renewables Net Current Asset Value Related Terms


Greenlane Renewables Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Greenlane Renewables'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.

Greenlane Renewables Net Current Asset Value Chart

Greenlane Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 0.20 0.11 0.06 0.05 0.05

Greenlane Renewables 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 0.05 0.05 0.05 0.05 0.04

GRNWF vs GEV, ETN, PH: Net Current Asset Value Comparison

For the Specialty Industrial Machinery subindustry, Greenlane Renewables'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.


Greenlane Renewables Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenlane Renewables's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


GRNWF
50GF Score
Greenlane Renewables Inc GRNWF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenlane Renewables Net Current Asset Value Calculation

Greenlane Renewables'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)
=(23.978-16.739-0-0)/158.159
=0.05

Greenlane Renewables'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)
=(22.593-16.438-0-0)/159.584
=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?
Greenlane Renewables (GRNWF) 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 Greenlane Renewables and its competitors. This is 99% below median its historical median of 3.71. Over the past decade, Greenlane Renewables' Net Current Asset Value has ranged from 1.08 to 38.50. According to the industry distribution chart, Greenlane Renewables ranks #956 out of 2215 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Greenlane Renewables' Net Current Asset Value too high?
Greenlane Renewables' current Net Current Asset Value of $0.04 is 99% below median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 38.50. The Industrial Products industry median Net Current Asset Value is 5.14. Greenlane Renewables' value of $0.04 is 99.2% below this industry median. Based on the distribution chart, Greenlane Renewables ranks #956 out of 2215 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Greenlane Renewables has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenlane Renewables' Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greenlane Renewables ranks #956 out of 2215 companies for Net Current Asset Value. This puts Greenlane Renewables in the upper half of its industry. The industry median Net Current Asset Value is 5.14. Greenlane Renewables' value of $0.04 is 99.2% below this benchmark. Historically, Greenlane Renewables' own Net Current Asset Value has ranged from 1.08 to 38.50 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 5.14, Greenlane Renewables 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.14, based on 2,215 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. Greenlane Renewables's current Net Current Asset Value of $0.04 is 99.2% 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 Greenlane Renewables and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlane Renewables's current Net Current Asset Value is $0.04, which is 99% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlane Renewables stock overvalued right now?
Based on GuruFocus' analysis, Greenlane Renewables (GRNWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.09, compared to a current price of $0.14 — trading 57.3% above its estimated fair value. The current Net Current Asset Value is $0.04, which is 99% below median its 10-year median of 3.71 and 99.2% below the Industrial Products industry median of 5.14. Greenlane Renewables' overall GF Score™ is 50/100 with 3 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 Greenlane Renewables (GRNWF), 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.

Is Greenlane Renewables (GRNWF) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlane Renewables stock appears to be overvalued. The current stock price of $0.14 is trading 57.3% above its estimated GF Value™ of $0.09. GuruFocus considers Greenlane Renewables to be Significantly Overvalued.

Key valuation signals for GRNWF:

  • Net Current Asset Value: $0.04 (99% below median its 10-year median of 3.71)
  • GF Value™: $0.09 vs. price of $0.14 (57.3% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 99.2% below the Industrial Products median (#956 of 2215)

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


Greenlane Renewables Business Description

Other Exchanges 52G:GermanyGRN:Canada
Address 3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5
Greenlane Renewables Inc is a provider of biogas desulfurization and upgrading systems and services. Its systems enable the production of clean, high-value, renewable natural gas from organic-waste sources, including landfills, sugar mills, dairy farms, wastewater, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The products offered by the company are marketed and sold under its Greenlane Cascade and Airdep product brands. Greenlane generates maximum revenue from sales of its multiple product lines of biogas desulfurization and upgrading equipment (System Sales), and the rest from parts and service, and technology licensing (Royalty Contracts). Geographically, the company generates maximum revenue from Europe.
50GF Score

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

$0.14
Price
$0.09
GF Value