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InsmedMEX:INSM 69 Net Current Asset Value is MXN20.17 as of Mar. 2026, which is 100% below its 10-year median of 19.23. GuruFocus rates MEX:INSM with a GF Score™ of 69/100 and a GF Value™ of MXN3,329.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 940 Biotechnology companies, Insmed ranks worse than 97.55% 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).
Insmed's net current asset value per share for the quarter that ended in Mar. 2026 was MXN20.17.
The historical rank and industry rank for Insmed's Net Current Asset Value or its related term are showing as below:
MEX:INSM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.39 Med: 19.23 Max: 908
Current: 95.53
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Insmed was 908.00. The lowest was 3.39. And the median was 19.23.
MEX:INSM's Price-to-Net-Current-Asset-Value is ranked worse than 97.55% of 940
companies
in the Biotechnology industry
Industry Median: 4.765
vs MEX:INSM: 95.53
Insmed (MEX:INSM) 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.
Insmed Net Current Asset Value Related Terms
Insmed Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Insmed'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.
MEX:INSM vs INCY, BNTX, ROIV: Net Current Asset Value Comparison
For the Biotechnology subindustry, Insmed'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.
Insmed Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Insmed's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Insmed'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 MXN20.17 mean?
Insmed (MEX:INSM) has a Net Current Asset Value of MXN20.17 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 Insmed and its competitors. This is near median its historical median of 19.23. Over the past decade, Insmed's Net Current Asset Value has ranged from 3.39 to 908.00. According to the industry distribution chart, Insmed ranks #917 out of 940 companies in the Biotechnology industry, placing it in the top 97.6%.
Is Insmed's Net Current Asset Value too high?
Insmed's current Net Current Asset Value of MXN20.17 is near median its 10-year median of 19.23. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 908.00. Based on the distribution chart, Insmed ranks #917 out of 940 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Insmed has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Insmed's Net Current Asset Value compare to INCY and BNTX?
According to the Biotechnology industry distribution chart, Insmed ranks #917 out of 940 companies for Net Current Asset Value. This places Insmed in the lower half of its industry. The industry median Net Current Asset Value is 4.77. Historically, Insmed's own Net Current Asset Value has ranged from 3.39 to 908.00 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.77, based on 940 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 Insmed and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insmed's current Net Current Asset Value is MXN20.17, which is near median its own 10-year median of 19.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insmed stock overvalued right now?
Based on GuruFocus' analysis, Insmed (MEX:INSM) is currently considered Possible Value Trap. The stock's GF Value™ is MXN3,329.86, compared to a current price of MXN1,981.33 — trading 40.5% below its estimated fair value. The current Net Current Asset Value is MXN20.17, which is near median its 10-year median of 19.23. Insmed's overall GF Score™ is 69/100 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 Insmed (MEX:INSM), the current Net Current Asset Value is MXN20.17 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 Insmed (MEX:INSM) Overvalued in 2026?
Based on GuruFocus' analysis, Insmed stock appears to be undervalued.
The current stock price of MXN1,981.33 is trading 40.5% below its estimated GF Value™ of MXN3,329.86.
GuruFocus considers Insmed to be Possible Value Trap.
Key valuation signals for MEX:INSM:
Net Current Asset Value: MXN20.17 (near median its 10-year median of 19.23)
GF Value™: MXN3,329.86 vs. price of MXN1,981.33 (40.5% below fair value)
No single metric tells the full story. See the MEX:INSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insmed Inc is a biopharmaceutical company. Its commercial portfolio and clinical pipeline are organized around three therapeutic areas: Respiratory, Immunology and Inflammation, and Neuro and Other Rare. The company's two commercial products, Arikayce and Brinsupri, are both part of the Respiratory therapeutic area. The firm's clinical-stage programs are TPIP, INS1148, brensocatib, and INS1201, focusing on different therapeutic areas. Additionally, Insmed's pre-clinical research programs encompass various technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue. Geographically, the company generates maximum revenue from the United States from the sale of its commercial products.
69GF Score
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