Wabash National (LTS:0LSO) Net Current Asset Value: $-11.16 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0LSO Wabash National Corp LTS:0LSO
69 GF Score
Price $12.74
GF Value $13.02
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Wabash National Net Current Asset Value?

Wabash National LTS:0LSO +1.11% 69 Net Current Asset Value is $-11.16 as of Jun. 2026. GuruFocus rates LTS:0LSO with a GF Score™ of 69/100 and a GF Value™ of $13.02 (Fairly Valued). The stock has 9 warning signs investors should review. Among 145 Farm & Heavy Construction Machinery companies, Wabash National ranks worse than 689654.48% 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).

Wabash National's net current asset value per share for the quarter that ended in Jun. 2026 was $-11.16.

The historical rank and industry rank for Wabash National's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wabash National was 21.34. The lowest was 13.31. And the median was 17.76.

LTS:0LSO's Price-to-Net-Current-Asset-Value is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 3.81
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Wabash National  (LTS:0LSO) 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 Graham’s 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.


Wabash National Net Current Asset Value Related Terms


Wabash National Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Wabash National'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.

Wabash National Net Current Asset Value Chart

Wabash National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.14 -4.47 -2.91 -14.65 -9.51

Wabash National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.93 -8.09 -9.51 -10.80 -11.16

LTS:0LSO vs TWI, MTW, HY: Net Current Asset Value Comparison

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National Price-to-Net-Current-Asset-Value vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Wabash National's Price-to-Net-Current-Asset-Value falls into.


LTS:0LSO
69GF Score
Wabash National Corp LTS:0LSO
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wabash National Net Current Asset Value Calculation

Wabash National's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(419.086-802.639-1.184-0)/40.436
=-9.51

Wabash National's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(491.754-944.93-1.397-0)/40.737
=-11.16

* 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 $-11.16 mean?
Wabash National (LTS:0LSO) has a Net Current Asset Value of $-11.16 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Wabash National and its competitors. Over the past decade, Wabash National's Net Current Asset Value has ranged from 13.31 to 21.34. According to the industry distribution chart, Wabash National ranks #999999 out of 145 companies in the Farm & Heavy Construction Machinery industry.
Is Wabash National's Net Current Asset Value too high?
Wabash National's current Net Current Asset Value is $-11.16. Over the past 10 years, this metric has ranged from a low of 13.31 to a high of 21.34. Based on the distribution chart, Wabash National ranks #999999 out of 145 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Wabash National has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wabash National's Net Current Asset Value compare to TWI and MTW?
According to the Farm & Heavy Construction Machinery industry distribution chart, Wabash National ranks #999999 out of 145 companies for Net Current Asset Value. This places Wabash National in the lower half of its industry. The industry median Net Current Asset Value is 3.81. Historically, Wabash National's own Net Current Asset Value has ranged from 13.31 to 21.34 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 Farm & Heavy Construction Machinery company?
The median Net Current Asset Value among Farm & Heavy Construction Machinery companies is 3.81, based on 145 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 Wabash National and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Current Asset Value is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wabash National's current Net Current Asset Value is $-11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wabash National stock overvalued right now?
Based on GuruFocus' analysis, Wabash National (LTS:0LSO) is currently considered Fairly Valued. The stock's GF Value™ is $13.02, compared to a current price of $12.74 — trading 2.2% below its estimated fair value. The current Net Current Asset Value is $-11.16. Wabash National's overall GF Score™ is 69/100 with 9 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 Wabash National (LTS:0LSO), the current Net Current Asset Value is $-11.16 as of Jun. 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 Wabash National (LTS:0LSO) Overvalued in 2026?

Based on GuruFocus' analysis, Wabash National stock appears to be undervalued. The current stock price of $12.74 is trading 2.2% below its estimated GF Value™ of $13.02. GuruFocus considers Wabash National to be Fairly Valued.

Key valuation signals for LTS:0LSO:

  • Net Current Asset Value: $-11.16
  • GF Value™: $13.02 vs. price of $12.74 (2.2% below fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the LTS:0LSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wabash National Business Description

Other Exchanges WNC:USA
Address 3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics, and distribution industries. The Company manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services. It designs and manufactures products including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
69GF Score

Get the complete analysis for LTS:0LSO

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.74
Price
$13.02
GF Value