Laser PhotonicsLASE -2.84%51 Net Current Asset Value is $-0.25 as of Mar. 2026. GuruFocus rates LASE with a GF Score™ of 51/100 and a GF Value™ of $2.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,221 Industrial Products companies, Laser Photonics ranks worse than 45024.72% 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).
Laser Photonics's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.25.
The historical rank and industry rank for Laser Photonics's Net Current Asset Value or its related term are showing as below:
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Laser Photonics was 58.25. The lowest was 0.98. And the median was 2.47.
LASE's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.41 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Laser Photonics (NAS:LASE) 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.
Laser Photonics Net Current Asset Value Related Terms
Laser Photonics Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Laser Photonics'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.
LASE vs SPPL, BURU, CVV: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Laser Photonics'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.
Laser Photonics Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Laser Photonics's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Laser Photonics'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 $-0.25 mean?
Laser Photonics (LASE) has a Net Current Asset Value of $-0.25 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 Laser Photonics and its competitors. Over the past decade, Laser Photonics' Net Current Asset Value has ranged from 0.98 to 58.25. According to the industry distribution chart, Laser Photonics ranks #999999 out of 2221 companies in the Industrial Products industry.
Is Laser Photonics' Net Current Asset Value too high?
Laser Photonics' current Net Current Asset Value is $-0.25. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 58.25. Based on the distribution chart, Laser Photonics ranks #999999 out of 2221 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Laser Photonics has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Laser Photonics' Net Current Asset Value compare to SPPL and BURU?
According to the Industrial Products industry distribution chart, Laser Photonics ranks #999999 out of 2221 companies for Net Current Asset Value. This places Laser Photonics in the lower half of its industry. The industry median Net Current Asset Value is 5.41. Historically, Laser Photonics' own Net Current Asset Value has ranged from 0.98 to 58.25 over the past decade. 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.41, based on 2,221 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. 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 Laser Photonics and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laser Photonics's current Net Current Asset Value is $-0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laser Photonics stock overvalued right now?
Based on GuruFocus' analysis, Laser Photonics (LASE) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.00, compared to a current price of $1.72 — trading 14.3% below its estimated fair value. The current Net Current Asset Value is $-0.25. Laser Photonics' overall GF Score™ is 51/100 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 Laser Photonics (LASE), the current Net Current Asset Value is $-0.25 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 Laser Photonics (LASE) Overvalued in 2026?
Based on GuruFocus' analysis, Laser Photonics stock appears to be undervalued.
The current stock price of $1.72 is trading 14.3% below its estimated GF Value™ of $2.00.
GuruFocus considers Laser Photonics to be Modestly Undervalued.
Key valuation signals for LASE:
Net Current Asset Value: $-0.25
GF Value™: $2.00 vs. price of $1.72 (14.3% below fair value)
No single metric tells the full story. See the LASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasive blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, machine manufacturing, nuclear maintenance and decommissioning, and surface coating. Geographically, the company generates almost all of its revenue from the domestic market.
51GF Score
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