1CM (MILFF) Net Current Asset Value: $0.16 (As of Feb. 2026) — 88% Below Median


What is 1CM Net Current Asset Value?

1CM MILFF Net Current Asset Value is $0.16 as of Feb. 2026, which is 88% below its 10-year median of 1.31. The stock has 4 warning signs investors should review. Among 613 Drug Manufacturers companies, 1CM ranks better than 97.06% 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).

1CM's net current asset value per share for the quarter that ended in Feb. 2026 was $0.16.

The historical rank and industry rank for 1CM's Net Current Asset Value or its related term are showing as below:

MILFF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.52   Med: 1.31   Max: 84
Current: 0.52

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of 1CM was 84.00. The lowest was 0.52. And the median was 1.31.

MILFF's Price-to-Net-Current-Asset-Value is ranked better than
97.06% of 613 companies
in the Drug Manufacturers industry
Industry Median: 5.53 vs MILFF: 0.52

1CM  (OTCPK:MILFF) 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.


1CM Net Current Asset Value Related Terms


1CM Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for 1CM'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.

1CM Net Current Asset Value Chart

1CM Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 -0.07 -0.01 0.00 0.13

1CM Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 0.13 0.14 0.16

MILFF vs ZTS, UTHR: Net Current Asset Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 1CM'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.


1CM Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1CM's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where 1CM's Price-to-Net-Current-Asset-Value falls into.



1CM Net Current Asset Value Calculation

1CM's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Aug. 2025 is calculated as

Net Current Asset Value Per Share(A: Aug. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(25.154-9.416-0-0)/117.737
=0.13

1CM's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2026 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(26.901-7.842-0-0)/117.737
=0.16

* 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 $0.16 mean?
1CM (MILFF) has a Net Current Asset Value of $0.16 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on 1CM and its competitors. This is 88% below median its historical median of 1.31. Over the past decade, 1CM's Net Current Asset Value has ranged from 0.52 to 84.00. According to the industry distribution chart, 1CM ranks #18 out of 613 companies in the Drug Manufacturers industry, placing it in the top 2.9%.
Is 1CM's Net Current Asset Value too high?
1CM's current Net Current Asset Value of $0.16 is 88% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 84.00. The Drug Manufacturers industry median Net Current Asset Value is 5.53. 1CM's value of $0.16 is 97.1% below this industry median. Based on the distribution chart, 1CM ranks #18 out of 613 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers.
How does 1CM's Net Current Asset Value compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, 1CM ranks #18 out of 613 companies for Net Current Asset Value. This places 1CM in the top 3% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.53. 1CM's value of $0.16 is 97.1% below this benchmark. Historically, 1CM's own Net Current Asset Value has ranged from 0.52 to 84.00 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 5.53, 1CM 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 a Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.53, based on 613 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. 1CM's current Net Current Asset Value of $0.16 is 97.1% 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 1CM and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1CM's current Net Current Asset Value is $0.16, which is 88% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1CM stock overvalued right now?
Based on GuruFocus' analysis, 1CM (MILFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.31, compared to a current price of $0.08 — trading 74.8% below its estimated fair value. The current Net Current Asset Value is $0.16, which is 88% below median its 10-year median of 1.31 and 97.1% below the Drug Manufacturers industry median of 5.53. 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 1CM (MILFF), the current Net Current Asset Value is $0.16 as of Feb. 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.

1CM Business Description

Other Exchanges EPIC:Canada
Address 625 Cochrane Drive, Suite 802, Markham, ON, CAN, L3R9R9
1CM Inc is a multi-jurisdictional cannabis company focused on its retail customers and technology to democratize cannabis markets. The Company focuses on expanding its current operations through organic growth and by way of merger and acquisition transactions. It has a single operating segment, being Cannabis.