Kobrea ExplorationKBXFF +5.00%14 Net Current Asset Value is $0.09 as of Jan. 2026, which is 98% below its 10-year median of 4.77. GuruFocus rates KBXFF with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,332 Metals & Mining companies, Kobrea Exploration ranks better than 84.38% 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).
Kobrea Exploration's net current asset value per share for the quarter that ended in Jan. 2026 was $0.09.
The historical rank and industry rank for Kobrea Exploration's Net Current Asset Value or its related term are showing as below:
KBXFF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.15 Med: 4.77 Max: 17.25
Current: 2.63
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kobrea Exploration was 17.25. The lowest was 2.15. And the median was 4.77.
KBXFF's Price-to-Net-Current-Asset-Value is ranked better than 84.38% of 1332
companies
in the Metals & Mining industry
Industry Median: 6.5
vs KBXFF: 2.63
Kobrea Exploration (OTCPK:KBXFF) 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.
Kobrea Exploration Net Current Asset Value Related Terms
Kobrea Exploration Net Current Asset Value Historical Data
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The historical data trend for Kobrea Exploration'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.
Kobrea Exploration Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Kobrea Exploration'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.
Kobrea Exploration Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kobrea Exploration's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kobrea Exploration'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 $0.09 mean?
Kobrea Exploration (KBXFF) has a Net Current Asset Value of $0.09 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Kobrea Exploration and its competitors. This is 98% below median its historical median of 4.77. Over the past decade, Kobrea Exploration's Net Current Asset Value has ranged from 2.15 to 17.25. According to the industry distribution chart, Kobrea Exploration ranks #208 out of 1332 companies in the Metals & Mining industry, placing it in the top 15.6%.
Is Kobrea Exploration's Net Current Asset Value too high?
Kobrea Exploration's current Net Current Asset Value of $0.09 is 98% below median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 17.25. The Metals & Mining industry median Net Current Asset Value is 6.50. Kobrea Exploration's value of $0.09 is 98.6% below this industry median. Based on the distribution chart, Kobrea Exploration ranks #208 out of 1332 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Kobrea Exploration has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kobrea Exploration's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Kobrea Exploration ranks #208 out of 1332 companies for Net Current Asset Value. This places Kobrea Exploration in the top 16% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.50. Kobrea Exploration's value of $0.09 is 98.6% below this benchmark. Historically, Kobrea Exploration's own Net Current Asset Value has ranged from 2.15 to 17.25 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 6.50, Kobrea Exploration 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. Kobrea Exploration's current Net Current Asset Value of $0.09 is 98.6% 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 Kobrea Exploration 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. Kobrea Exploration's current Net Current Asset Value is $0.09, which is 98% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobrea Exploration stock overvalued right now?
Kobrea Exploration (KBXFF) has a current Net Current Asset Value of $0.09. The current Net Current Asset Value is $0.09, which is 98% below median its 10-year median of 4.77 and 98.6% below the Metals & Mining industry median of 6.50. Kobrea Exploration's overall GF Score™ is 14/100 with 1 warning sign 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 Kobrea Exploration (KBXFF), the current Net Current Asset Value is $0.09 as of Jan. 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.
Kobrea Exploration Corp principal business is the acquisition, exploration, and evaluation of resource properties. The Company has mineral properties in Canada and Argentina. The company's projects are Western Malargue Copper Projects, and Upland Copper Project.
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