Argo BlockchainLSE:ARB -23.81% Net Current Asset Value is £-0.01 as of Dec. 2025. The stock has 5 warning signs investors should review. Among 503 Capital Markets companies, Argo Blockchain ranks worse than 198806.96% 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).
Argo Blockchain's net current asset value per share for the quarter that ended in Dec. 2025 was £-0.01.
The historical rank and industry rank for Argo Blockchain's Net Current Asset Value or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Argo Blockchain was 5.85. The lowest was 5.85. And the median was 5.85.
LSE:ARB's Price-to-Net-Current-Asset-Value is not ranked *
in the Capital Markets industry.
Industry Median: 2.85 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Argo Blockchain (LSE:ARB) 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.
Argo Blockchain Net Current Asset Value Related Terms
Argo Blockchain Net Current Asset Value Historical Data
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The historical data trend for Argo Blockchain'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.
LSE:ARB vs BTCS, BGDE, PLUT: Net Current Asset Value Comparison
For the Capital Markets subindustry, Argo Blockchain'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.
Argo Blockchain Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Argo Blockchain's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Argo Blockchain'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 £-0.01 mean?
Argo Blockchain (LSE:ARB) has a Net Current Asset Value of £-0.01 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Argo Blockchain and its competitors. Over the past decade, Argo Blockchain's Net Current Asset Value has ranged from 5.85 to 5.85. According to the industry distribution chart, Argo Blockchain ranks #999999 out of 503 companies in the Capital Markets industry.
Is Argo Blockchain's Net Current Asset Value too high?
Argo Blockchain's current Net Current Asset Value is £-0.01. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 5.85. Based on the distribution chart, Argo Blockchain ranks #999999 out of 503 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Argo Blockchain's Net Current Asset Value compare to BTCS and BGDE?
According to the Capital Markets industry distribution chart, Argo Blockchain ranks #999999 out of 503 companies for Net Current Asset Value. This places Argo Blockchain in the lower half of its industry. The industry median Net Current Asset Value is 2.85. Historically, Argo Blockchain's own Net Current Asset Value has ranged from 5.85 to 5.85 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 a Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.85, based on 503 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 Argo Blockchain and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Blockchain's current Net Current Asset Value is £-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Argo Blockchain (LSE:ARB) has a current Net Current Asset Value of £-0.01. The stock's GF Value™ is £0.08, compared to a current price of £0.01 — trading 90% below its estimated fair value. The current Net Current Asset Value is £-0.01. 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 Argo Blockchain (LSE:ARB), the current Net Current Asset Value is £-0.01 as of Dec. 2025. 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.
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
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