Honeywell AerospaceMEX:HONA -4.02%9 Net Current Asset Value is MXN-883.19 as of Mar. 2026. GuruFocus rates MEX:HONA with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 197 Aerospace & Defense companies, Honeywell Aerospace ranks worse than 507613.71% 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).
Honeywell Aerospace's net current asset value per share for the quarter that ended in Mar. 2026 was MXN-883.19.
The historical rank and industry rank for Honeywell Aerospace's Net Current Asset Value or its related term are showing as below:
MEX:HONA's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.94 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Honeywell Aerospace (MEX:HONA) 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.
Honeywell Aerospace Net Current Asset Value Related Terms
Honeywell Aerospace Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Honeywell Aerospace'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.
Honeywell Aerospace Net Current Asset Value Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Net Current Asset Value
0.00
-28.89
-50.91
Honeywell Aerospace Quarterly Data
Dec24
Mar25
Dec25
Mar26
Net Current Asset Value
-28.89
0.00
-50.91
-883.19
MEX:HONA vs : Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace'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.
Honeywell Aerospace Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace'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 MXN-883.19 mean?
Honeywell Aerospace (MEX:HONA) has a Net Current Asset Value of MXN-883.19 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 Honeywell Aerospace and its competitors. According to the industry distribution chart, Honeywell Aerospace ranks #999999 out of 197 companies in the Aerospace & Defense industry.
Is Honeywell Aerospace's Net Current Asset Value too high?
Honeywell Aerospace's current Net Current Asset Value is MXN-883.19. Based on the distribution chart, Honeywell Aerospace ranks #999999 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Honeywell Aerospace has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Net Current Asset Value compare to ?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #999999 out of 197 companies for Net Current Asset Value. This places Honeywell Aerospace in the lower half of its industry. The industry median Net Current Asset Value is 7.94. 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 7.94, based on 197 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 Honeywell Aerospace and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Net Current Asset Value is MXN-883.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (MEX:HONA) has a current Net Current Asset Value of MXN-883.19. The current Net Current Asset Value is MXN-883.19. Honeywell Aerospace's overall GF Score™ is 9/100 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 Honeywell Aerospace (MEX:HONA), the current Net Current Asset Value is MXN-883.19 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.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
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