Palantir TechnologiesLIM:PLTR 75 Net Current Asset Value is $3.25 as of Mar. 2026, which is 83% below its 10-year median of 19.37. GuruFocus rates LIM:PLTR with a GF Score™ of 75/100 and a GF Value™ of $150.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,754 Software companies, Palantir Technologies ranks worse than 93.5% 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).
Palantir Technologies's net current asset value per share for the quarter that ended in Mar. 2026 was $3.25.
The historical rank and industry rank for Palantir Technologies's Net Current Asset Value or its related term are showing as below:
LIM:PLTR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.29 Med: 19.37 Max: 71.82
Current: 39.75
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Palantir Technologies was 71.82. The lowest was 6.29. And the median was 19.37.
LIM:PLTR's Price-to-Net-Current-Asset-Value is ranked worse than 93.5% of 1754
companies
in the Software industry
Industry Median: 4.835
vs LIM:PLTR: 39.75
Palantir Technologies (LIM:PLTR) 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.
Palantir Technologies Net Current Asset Value Related Terms
Palantir Technologies Net Current Asset Value Historical Data
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The historical data trend for Palantir Technologies'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.
Palantir Technologies Net Current Asset Value Chart
LIM:PLTR vs PANW, CRWD, ORCL: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, Palantir Technologies'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.
Palantir Technologies Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Palantir Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Palantir Technologies'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 $3.25 mean?
Palantir Technologies (LIM:PLTR) has a Net Current Asset Value of $3.25 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 Palantir Technologies and its competitors. This is 83% below median its historical median of 19.37. Over the past decade, Palantir Technologies' Net Current Asset Value has ranged from 6.29 to 71.82. According to the industry distribution chart, Palantir Technologies ranks #1640 out of 1754 companies in the Software industry, placing it in the top 93.5%.
Is Palantir Technologies' Net Current Asset Value too high?
Palantir Technologies' current Net Current Asset Value of $3.25 is 83% below median its 10-year median of 19.37. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 71.82. The Software industry median Net Current Asset Value is 4.84. Palantir Technologies' value of $3.25 is 32.8% below this industry median. Based on the distribution chart, Palantir Technologies ranks #1640 out of 1754 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Palantir Technologies has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palantir Technologies' Net Current Asset Value compare to PANW and CRWD?
According to the Software industry distribution chart, Palantir Technologies ranks #1640 out of 1754 companies for Net Current Asset Value. This places Palantir Technologies in the lower half of its industry. The industry median Net Current Asset Value is 4.84. Palantir Technologies' value of $3.25 is 32.8% below this benchmark. Historically, Palantir Technologies' own Net Current Asset Value has ranged from 6.29 to 71.82 over the past decade. While the company's 10-year median is 19.37 vs. the industry median of 4.84, Palantir Technologies 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 Software company?
The median Net Current Asset Value among Software companies is 4.84, based on 1,754 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. Palantir Technologies's current Net Current Asset Value of $3.25 is 32.8% 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 Palantir Technologies and its competitors. For the Software industry, the median Net Current Asset Value is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palantir Technologies's current Net Current Asset Value is $3.25, which is 83% below median its own 10-year median of 19.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palantir Technologies stock overvalued right now?
Based on GuruFocus' analysis, Palantir Technologies (LIM:PLTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $150.92, compared to a current price of $129.60 — trading 14.1% below its estimated fair value. The current Net Current Asset Value is $3.25, which is 83% below median its 10-year median of 19.37 and 32.8% below the Software industry median of 4.84. Palantir Technologies' overall GF Score™ is 75/100 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 Palantir Technologies (LIM:PLTR), the current Net Current Asset Value is $3.25 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 Palantir Technologies (LIM:PLTR) Overvalued in 2026?
Based on GuruFocus' analysis, Palantir Technologies stock appears to be undervalued.
The current stock price of $129.60 is trading 14.1% below its estimated GF Value™ of $150.92.
GuruFocus considers Palantir Technologies to be Modestly Undervalued.
Key valuation signals for LIM:PLTR:
Net Current Asset Value: $3.25 (83% below median its 10-year median of 19.37)
GF Value™: $150.92 vs. price of $129.60 (14.1% below fair value)
Industry Position: 32.8% below the Software median (#1640 of 1754)
No single metric tells the full story. See the LIM:PLTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The company was founded in 2003 and went public in 2020.
75GF Score
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