HMC CapitalHMCLF 66 Net Current Asset Value is $0.24 as of Dec. 2025, which is 98% below its 10-year median of 14.29. GuruFocus rates HMCLF with a GF Score™ of 66/100 and a GF Value™ of $9.24. The stock has 7 warning signs investors should review. Among 111 REITs companies, HMC Capital ranks worse than 50.45% 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).
HMC Capital's net current asset value per share for the quarter that ended in Dec. 2025 was $0.24.
The historical rank and industry rank for HMC Capital's Net Current Asset Value or its related term are showing as below:
HMCLF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.94 Med: 14.29 Max: 34.69
Current: 8
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of HMC Capital was 34.69. The lowest was 7.94. And the median was 14.29.
HMCLF's Price-to-Net-Current-Asset-Value is ranked worse than 50.45% of 111
companies
in the REITs industry
Industry Median: 8.14
vs HMCLF: 8.00
HMC Capital (OTCPK:HMCLF) 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.
HMC Capital Net Current Asset Value Related Terms
HMC Capital Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for HMC Capital'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.
HMCLF vs VICI, WPC, BNL: Net Current Asset Value Comparison
For the REIT - Diversified subindustry, HMC Capital'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.
HMC Capital Price-to-Net-Current-Asset-Value vs REITs Industry
For the REITs industry and Real Estate sector, HMC Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where HMC Capital'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 $0.24 mean?
HMC Capital (HMCLF) has a Net Current Asset Value of $0.24 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on HMC Capital and its competitors. This is 98% below median its historical median of 14.29. Over the past decade, HMC Capital's Net Current Asset Value has ranged from 7.94 to 34.69. According to the industry distribution chart, HMC Capital ranks #56 out of 111 companies in the REITs industry, placing it in the top 50.5%.
Is HMC Capital's Net Current Asset Value too high?
HMC Capital's current Net Current Asset Value of $0.24 is 98% below median its 10-year median of 14.29. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 34.69. The REITs industry median Net Current Asset Value is 8.14. HMC Capital's value of $0.24 is 97.1% below this industry median. Based on the distribution chart, HMC Capital ranks #56 out of 111 companies in the REITs industry, which is below the industry midpoint. Overall, HMC Capital has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does HMC Capital's Net Current Asset Value compare to VICI and WPC?
According to the REITs industry distribution chart, HMC Capital ranks #56 out of 111 companies for Net Current Asset Value. This places HMC Capital in the lower half of its industry. The industry median Net Current Asset Value is 8.14. HMC Capital's value of $0.24 is 97.1% below this benchmark. Historically, HMC Capital's own Net Current Asset Value has ranged from 7.94 to 34.69 over the past decade. While the company's 10-year median is 14.29 vs. the industry median of 8.14, HMC Capital 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 REITs company?
The median Net Current Asset Value among REITs companies is 8.14, based on 111 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. HMC Capital's current Net Current Asset Value of $0.24 is 97.1% 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 HMC Capital and its competitors. For the REITs industry, the median Net Current Asset Value is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HMC Capital's current Net Current Asset Value is $0.24, which is 98% below median its own 10-year median of 14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HMC Capital stock overvalued right now?
HMC Capital (HMCLF) has a current Net Current Asset Value of $0.24. The stock's GF Value™ is $9.24, compared to a current price of $1.92 — trading 79.2% below its estimated fair value. The current Net Current Asset Value is $0.24, which is 98% below median its 10-year median of 14.29 and 97.1% below the REITs industry median of 8.14. HMC Capital's overall GF Score™ is 66/100 with 7 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 HMC Capital (HMCLF), the current Net Current Asset Value is $0.24 as of Dec. 2025. 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 HMC Capital (HMCLF) Overvalued in 2026?
Based on GuruFocus' analysis, HMC Capital stock appears to be undervalued.
The current stock price of $1.92 is trading 79.2% below its estimated GF Value™ of $9.24.
Key valuation signals for HMCLF:
Net Current Asset Value: $0.24 (98% below median its 10-year median of 14.29)
GF Value™: $9.24 vs. price of $1.92 (79.2% below fair value)
Industry Position: 97.1% below the REITs median (#56 of 111)
No single metric tells the full story. See the HMCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Real Estate which comprises of HMC Capital managed HomeCo Daily Needs REIT, HealthCo Healthcare and Wellness REIT, HMC Wholesale Healthcare Fund and the Last Mile Logistics Fund; Private Equity which includes the HMC Capital Partners Fund I, a high conviction strategic stakes fund; and Corporate properties which includes unallocated costs and Capital Solutions activities which includes short term investments undertaken relating to non-HMC managed funds. It generates maximum revenue from the Real Estate segment. The company portfolio comprises mainly retail and services centers.
66GF 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.
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