The JointJYNT +5.40%63 Net Current Asset Value is $0.50 as of Mar. 2026, which is 97% below its 10-year median of 15.50. GuruFocus rates JYNT with a GF Score™ of 63/100 and a GF Value™ of $11.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 274 Healthcare Providers & Services companies, The Joint ranks worse than 81.02% 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 Joint's net current asset value per share for the quarter that ended in Mar. 2026 was $0.50.
The historical rank and industry rank for The Joint's Net Current Asset Value or its related term are showing as below:
JYNT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.48 Med: 15.5 Max: 19.82
Current: 17.61
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Joint was 19.82. The lowest was 10.48. And the median was 15.50.
JYNT's Price-to-Net-Current-Asset-Value is ranked worse than 81.02% of 274
companies
in the Healthcare Providers & Services industry
Industry Median: 5.995
vs JYNT: 17.61
The Joint (NAS:JYNT) 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 Joint Net Current Asset Value Related Terms
The Joint Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for The Joint'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.
JYNT vs PARK, WW, BTMD: Net Current Asset Value Comparison
For the Medical Care Facilities subindustry, The Joint'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 Joint Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, The Joint's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where The Joint'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 $0.50 mean?
The Joint (JYNT) has a Net Current Asset Value of $0.50 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 Joint and its competitors. This is 97% below median its historical median of 15.50. Over the past decade, The Joint's Net Current Asset Value has ranged from 10.48 to 19.82. According to the industry distribution chart, The Joint ranks #222 out of 274 companies in the Healthcare Providers & Services industry, placing it in the top 81%.
Is The Joint's Net Current Asset Value too high?
The Joint's current Net Current Asset Value of $0.50 is 97% below median its 10-year median of 15.50. Over the past 10 years, this metric has ranged from a low of 10.48 to a high of 19.82. The Healthcare Providers & Services industry median Net Current Asset Value is 6.00. The Joint's value of $0.50 is 91.7% below this industry median. Based on the distribution chart, The Joint ranks #222 out of 274 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, The Joint has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Joint's Net Current Asset Value compare to PARK and WW?
According to the Healthcare Providers & Services industry distribution chart, The Joint ranks #222 out of 274 companies for Net Current Asset Value. This places The Joint in the lower half of its industry. The industry median Net Current Asset Value is 6.00. The Joint's value of $0.50 is 91.7% below this benchmark. Historically, The Joint's own Net Current Asset Value has ranged from 10.48 to 19.82 over the past decade. While the company's 10-year median is 15.50 vs. the industry median of 6.00, The Joint 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.00, based on 274 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 Joint's current Net Current Asset Value of $0.50 is 91.7% 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 Joint and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Joint's current Net Current Asset Value is $0.50, which is 97% below median its own 10-year median of 15.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Joint stock overvalued right now?
Based on GuruFocus' analysis, The Joint (JYNT) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.11, compared to a current price of $8.81 — trading 20.7% below its estimated fair value. The current Net Current Asset Value is $0.50, which is 97% below median its 10-year median of 15.50 and 91.7% below the Healthcare Providers & Services industry median of 6.00. The Joint's overall GF Score™ is 63/100 with 4 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 Joint (JYNT), the current Net Current Asset Value is $0.50 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 Joint (JYNT) Overvalued in 2026?
Based on GuruFocus' analysis, The Joint stock appears to be undervalued.
The current stock price of $8.81 is trading 20.7% below its estimated GF Value™ of $11.11.
GuruFocus considers The Joint to be Modestly Undervalued.
Key valuation signals for JYNT:
Net Current Asset Value: $0.50 (97% below median its 10-year median of 15.50)
GF Value™: $11.11 vs. price of $8.81 (20.7% below fair value)
Industry Position: 91.7% below the Healthcare Providers & Services median (#222 of 274)
No single metric tells the full story. See the JYNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sales of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The company has one operating business segment; The Franchise Operations segment, which is comprised of the operating activities of the franchise business unit. The Franchise Operations segment derives revenue from customers by providing access to the company's franchise license, which represents symbolic intellectual property.
63GF Score
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