MF (MindForge) Net Current Asset Value: $13.62 (As of Dec. 2025) — 238% Above Median

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MF MindForge Inc MF
19 GF Score
Price $4.20
! 6 Warning Signs
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What is MindForge Net Current Asset Value?

MindForge MF -1.18% 19 Net Current Asset Value is $13.62 as of Dec. 2025, which is 238% above its 10-year median of 4.03. GuruFocus rates MF with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 538 Media - Diversified companies, MindForge ranks better than 97.21% 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).

MindForge's net current asset value per share for the quarter that ended in Dec. 2025 was $13.62.

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

MF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.31   Med: 4.03   Max: 14.31
Current: 0.31

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of MindForge was 14.31. The lowest was 0.31. And the median was 4.03.

MF's Price-to-Net-Current-Asset-Value is ranked better than
97.21% of 538 companies
in the Media - Diversified industry
Industry Median: 2.865 vs MF: 0.31

MindForge  (NAS:MF) 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.


MindForge Net Current Asset Value Related Terms


MindForge Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MindForge'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.

MindForge Net Current Asset Value Chart

MindForge Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
Get a 7-Day Free Trial 1.04 6.40 12.07 203.22 15.76

MindForge Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.51 203.22 158.62 15.76 13.62

MF vs XONI, DLPN, STFS: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, MindForge'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.


MindForge Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MindForge's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


MF
19GF Score
MindForge Inc MF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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MindForge Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(15.06-1.961-0-0)/0.831
=15.76

MindForge's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(17.869-1.37-0-0)/1.211
=13.62

* 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 $13.62 mean?
MindForge (MF) has a Net Current Asset Value of $13.62 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 MindForge and its competitors. This is 238% above median its historical median of 4.03. Over the past decade, MindForge's Net Current Asset Value has ranged from 0.31 to 14.31. According to the industry distribution chart, MindForge ranks #15 out of 538 companies in the Media - Diversified industry, placing it in the top 2.8%.
Is MindForge's Net Current Asset Value too high?
MindForge's current Net Current Asset Value of $13.62 is 238% above median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 14.31. The Media - Diversified industry median Net Current Asset Value is 2.87. MindForge's value of $13.62 is 375.4% above this industry median. Based on the distribution chart, MindForge ranks #15 out of 538 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, MindForge has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does MindForge's Net Current Asset Value compare to XONI and DLPN?
According to the Media - Diversified industry distribution chart, MindForge ranks #15 out of 538 companies for Net Current Asset Value. This places MindForge in the top 3% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.87. MindForge's value of $13.62 is 375.4% above this benchmark. Historically, MindForge's own Net Current Asset Value has ranged from 0.31 to 14.31 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 2.87, MindForge has consistently been above 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.87, based on 538 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. MindForge's current Net Current Asset Value of $13.62 is 375.4% above 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 MindForge and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MindForge's current Net Current Asset Value is $13.62, which is 238% above median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindForge stock overvalued right now?
MindForge (MF) has a current Net Current Asset Value of $13.62. The current Net Current Asset Value is $13.62, which is 238% above median its 10-year median of 4.03 and 375.4% above the Media - Diversified industry median of 2.87. MindForge's overall GF Score™ is 19/100 with 6 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 MindForge (MF), the current Net Current Asset Value is $13.62 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.

MindForge Business Description

Address No. 1 Linkong Er Road, Zhongguan Science and Technology Park, Shunyi District, Beijing, CHN
U-BX Technology Ltd focuses on providing value-added services using artificial intelligence-driven technology to businesses in the insurance industry, including insurance carriers and brokers. Its main offerings include three services/products: digital promotion services, risk assessment services, and value-added bundled benefits. The PRC operating entities help their institutional clients gain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or clients' promotion time on these channels. U-BX Beijing developed a unique algorithm named the Magic Mirror. The majority of revenue comes from digital promotion services. Geographically, all of the company's revenue is derived from Mainland China.
19GF Score

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