Industrias PenolesB de CVIPOAF -4.50%82 Net Current Asset Value is $0.71 as of Mar. 2026, which is 99% below its 10-year median of 63.46. GuruFocus rates IPOAF with a GF Score™ of 82/100 and a GF Value™ of $29.13 (Significantly Overvalued). Among 1,332 Metals & Mining companies, Industrias PenolesB de CV ranks worse than 96.4% 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).
Industrias PenolesB de CV's net current asset value per share for the quarter that ended in Mar. 2026 was $0.71.
The historical rank and industry rank for Industrias PenolesB de CV's Net Current Asset Value or its related term are showing as below:
IPOAF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 58.77 Med: 63.46 Max: 63.46
Current: 58.77
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Industrias PenolesB de CV was 63.46. The lowest was 58.77. And the median was 63.46.
IPOAF's Price-to-Net-Current-Asset-Value is ranked worse than 96.4% of 1332
companies
in the Metals & Mining industry
Industry Median: 6.5
vs IPOAF: 58.77
Industrias PenolesB de CV (OTCPK:IPOAF) 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.
Industrias PenolesB de CV Net Current Asset Value Related Terms
Industrias PenolesB de CV Net Current Asset Value Historical Data
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The historical data trend for Industrias PenolesB de CV'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.
Industrias PenolesB de CV Net Current Asset Value Chart
Industrias PenolesB de CV Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Industrias PenolesB de CV'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.
Industrias PenolesB de CV Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Industrias PenolesB de CV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Industrias PenolesB de CV'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 $0.71 mean?
Industrias PenolesB de CV (IPOAF) has a Net Current Asset Value of $0.71 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 Industrias PenolesB de CV and its competitors. This is 99% below median its historical median of 63.46. Over the past decade, Industrias PenolesB de CV's Net Current Asset Value has ranged from 58.77 to 63.46. According to the industry distribution chart, Industrias PenolesB de CV ranks #1284 out of 1332 companies in the Metals & Mining industry, placing it in the top 96.4%.
Is Industrias PenolesB de CV's Net Current Asset Value too high?
Industrias PenolesB de CV's current Net Current Asset Value of $0.71 is 99% below median its 10-year median of 63.46. Over the past 10 years, this metric has ranged from a low of 58.77 to a high of 63.46. The Metals & Mining industry median Net Current Asset Value is 6.50. Industrias PenolesB de CV's value of $0.71 is 89.1% below this industry median. Based on the distribution chart, Industrias PenolesB de CV ranks #1284 out of 1332 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Industrias PenolesB de CV has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrias PenolesB de CV's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Industrias PenolesB de CV ranks #1284 out of 1332 companies for Net Current Asset Value. This places Industrias PenolesB de CV in the lower half of its industry. The industry median Net Current Asset Value is 6.50. Industrias PenolesB de CV's value of $0.71 is 89.1% below this benchmark. Historically, Industrias PenolesB de CV's own Net Current Asset Value has ranged from 58.77 to 63.46 over the past decade. While the company's 10-year median is 63.46 vs. the industry median of 6.50, Industrias PenolesB de CV 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 6.50, based on 1,332 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. Industrias PenolesB de CV's current Net Current Asset Value of $0.71 is 89.1% 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 Industrias PenolesB de CV and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrias PenolesB de CV's current Net Current Asset Value is $0.71, which is 99% below median its own 10-year median of 63.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias PenolesB de CV stock overvalued right now?
Based on GuruFocus' analysis, Industrias PenolesB de CV (IPOAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.13, compared to a current price of $43.49 — trading 49.3% above its estimated fair value. The current Net Current Asset Value is $0.71, which is 99% below median its 10-year median of 63.46 and 89.1% below the Metals & Mining industry median of 6.50. Industrias PenolesB de CV's overall GF Score™ is 82/100. 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 Industrias PenolesB de CV (IPOAF), the current Net Current Asset Value is $0.71 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 Industrias PenolesB de CV (IPOAF) Overvalued in 2026?
Based on GuruFocus' analysis, Industrias PenolesB de CV stock appears to be overvalued.
The current stock price of $43.49 is trading 49.3% above its estimated GF Value™ of $29.13.
GuruFocus considers Industrias PenolesB de CV to be Significantly Overvalued.
Key valuation signals for IPOAF:
Net Current Asset Value: $0.71 (99% below median its 10-year median of 63.46)
GF Value™: $29.13 vs. price of $43.49 (49.3% above fair value)
Industry Position: 89.1% below the Metals & Mining median (#1284 of 1332)
No single metric tells the full story. See the IPOAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrias Penoles SAB de CV engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It explores zinc, copper, gold, silver, bismuth deposits, and Others.
82GF Score
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