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Minco CapitalMGHCF +0.35%29 Net Current Asset Value is $0.15 as of Mar. 2026, which is 63% below its 10-year median of 0.41. GuruFocus rates MGHCF with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 375 Asset Management companies, Minco Capital ranks better than 86.13% 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).
Minco Capital's net current asset value per share for the quarter that ended in Mar. 2026 was $0.15.
The historical rank and industry rank for Minco Capital's Net Current Asset Value or its related term are showing as below:
MGHCF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.24 Med: 0.41 Max: 2.06
Current: 0.81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Minco Capital was 2.06. The lowest was 0.24. And the median was 0.41.
MGHCF's Price-to-Net-Current-Asset-Value is ranked better than 86.13% of 375
companies
in the Asset Management industry
Industry Median: 3.36
vs MGHCF: 0.81
Minco Capital (OTCPK:MGHCF) 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.
Minco Capital Net Current Asset Value Related Terms
Minco Capital Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Minco Capital'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.
MGHCF vs BLK, BX, KKR: Net Current Asset Value Comparison
For the Asset Management subindustry, Minco Capital'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.
Minco Capital Price-to-Net-Current-Asset-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Minco Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Minco Capital'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 $0.15 mean?
Minco Capital (MGHCF) has a Net Current Asset Value of $0.15 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 Minco Capital and its competitors. This is 63% below median its historical median of 0.41. Over the past decade, Minco Capital's Net Current Asset Value has ranged from 0.24 to 2.06. According to the industry distribution chart, Minco Capital ranks #52 out of 375 companies in the Asset Management industry, placing it in the top 13.9%.
Is Minco Capital's Net Current Asset Value too high?
Minco Capital's current Net Current Asset Value of $0.15 is 63% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.06. The Asset Management industry median Net Current Asset Value is 3.36. Minco Capital's value of $0.15 is 95.5% below this industry median. Based on the distribution chart, Minco Capital ranks #52 out of 375 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Minco Capital has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Minco Capital's Net Current Asset Value compare to BLK and BX?
According to the Asset Management industry distribution chart, Minco Capital ranks #52 out of 375 companies for Net Current Asset Value. This places Minco Capital in the top 14% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.36. Minco Capital's value of $0.15 is 95.5% below this benchmark. Historically, Minco Capital's own Net Current Asset Value has ranged from 0.24 to 2.06 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 3.36, Minco Capital has consistently been below 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 an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.36, based on 375 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. Minco Capital's current Net Current Asset Value of $0.15 is 95.5% below 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 Minco Capital and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minco Capital's current Net Current Asset Value is $0.15, which is 63% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minco Capital stock overvalued right now?
Minco Capital (MGHCF) has a current Net Current Asset Value of $0.15. The current Net Current Asset Value is $0.15, which is 63% below median its 10-year median of 0.41 and 95.5% below the Asset Management industry median of 3.36. Minco Capital's overall GF Score™ is 29/100 with 3 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 Minco Capital (MGHCF), the current Net Current Asset Value is $0.15 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.
Minco Capital Corp is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.
29GF Score
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