The Honest CoHNST +2.36%60 Net Current Asset Value is $1.30 as of Mar. 2026, which is 61% below its 10-year median of 3.35. GuruFocus rates HNST with a GF Score™ of 60/100 and a GF Value™ of $2.84 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,053 Consumer Packaged Goods companies, The Honest Co ranks better than 61.25% 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).
The Honest Co's net current asset value per share for the quarter that ended in Mar. 2026 was $1.30.
The historical rank and industry rank for The Honest Co's Net Current Asset Value or its related term are showing as below:
HNST'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.64 Med: 3.35 Max: 12.36
Current: 3.01
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Honest Co was 12.36. The lowest was 1.64. And the median was 3.35.
HNST's Price-to-Net-Current-Asset-Value is ranked better than 61.25% of 1053
companies
in the Consumer Packaged Goods industry
Industry Median: 4.21
vs HNST: 3.01
The Honest Co (NAS:HNST) 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.
The Honest Co Net Current Asset Value Related Terms
The Honest Co Net Current Asset Value Historical Data
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The historical data trend for The Honest Co'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.
HNST vs MAGN, NUS, WALD: Net Current Asset Value Comparison
For the Household & Personal Products subindustry, The Honest Co'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.
The Honest Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Honest Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where The Honest Co'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 $1.30 mean?
The Honest Co (HNST) has a Net Current Asset Value of $1.30 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 The Honest Co and its competitors. This is 61% below median its historical median of 3.35. Over the past decade, The Honest Co's Net Current Asset Value has ranged from 1.64 to 12.36. According to the industry distribution chart, The Honest Co ranks #408 out of 1053 companies in the Consumer Packaged Goods industry, placing it in the top 38.7%.
Is The Honest Co's Net Current Asset Value too high?
The Honest Co's current Net Current Asset Value of $1.30 is 61% below median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 12.36. The Consumer Packaged Goods industry median Net Current Asset Value is 4.21. The Honest Co's value of $1.30 is 69.1% below this industry median. Based on the distribution chart, The Honest Co ranks #408 out of 1053 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The Honest Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Honest Co's Net Current Asset Value compare to MAGN and NUS?
According to the Consumer Packaged Goods industry distribution chart, The Honest Co ranks #408 out of 1053 companies for Net Current Asset Value. This puts The Honest Co in the upper half of its industry. The industry median Net Current Asset Value is 4.21. The Honest Co's value of $1.30 is 69.1% below this benchmark. Historically, The Honest Co's own Net Current Asset Value has ranged from 1.64 to 12.36 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 4.21, The Honest Co 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.21, based on 1,053 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. The Honest Co's current Net Current Asset Value of $1.30 is 69.1% 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 The Honest Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Honest Co's current Net Current Asset Value is $1.30, which is 61% below median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Honest Co stock overvalued right now?
Based on GuruFocus' analysis, The Honest Co (HNST) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.84, compared to a current price of $3.91 — trading 37.7% above its estimated fair value. The current Net Current Asset Value is $1.30, which is 61% below median its 10-year median of 3.35 and 69.1% below the Consumer Packaged Goods industry median of 4.21. The Honest Co's overall GF Score™ is 60/100 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 The Honest Co (HNST), the current Net Current Asset Value is $1.30 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 The Honest Co (HNST) Overvalued in 2026?
Based on GuruFocus' analysis, The Honest Co stock appears to be overvalued.
The current stock price of $3.91 is trading 37.7% above its estimated GF Value™ of $2.84.
GuruFocus considers The Honest Co to be Significantly Overvalued.
Key valuation signals for HNST:
Net Current Asset Value: $1.30 (61% below median its 10-year median of 3.35)
GF Value™: $2.84 vs. price of $3.91 (37.7% above fair value)
Industry Position: 69.1% below the Consumer Packaged Goods median (#408 of 1053)
No single metric tells the full story. See the HNST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Honest Co Inc is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products for everyone from babies to adults. By combining thoughtful design with science-based innovation, the company delivers personal care products for everyone from babies to adults, spanning categories across wipes, personal care, diapers, and beauty. It has three product categories namely; Diapers and Wipes, Skin and Personal Care, and Household and Wellness, out of which the majority of its revenue is generated from the sale of diapers and wipes. The company operates only in the United States.
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