Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MiniMax GroupMNMXF -52.50%10 Net Current Asset Value is $-8.94 as of Dec. 2025. GuruFocus rates MNMXF with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 1,760 Software companies, MiniMax Group ranks worse than 56818.13% 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).
MiniMax Group's net current asset value per share for the quarter that ended in Dec. 2025 was $-8.94.
The historical rank and industry rank for MiniMax Group's Net Current Asset Value or its related term are showing as below:
MNMXF's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 5.135 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
MiniMax Group (OTCPK:MNMXF) 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.
MiniMax Group Net Current Asset Value Related Terms
MiniMax Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for MiniMax Group'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.
MiniMax Group Net Current Asset Value Chart
MiniMax Group Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
-0.25
-1.13
-2.96
-8.94
MiniMax Group Quarterly Data
Dec22
Dec23
Dec24
Sep25
Dec25
Net Current Asset Value
-0.25
-1.13
-2.96
-4.53
-8.94
MNMXF vs : Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, MiniMax Group'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.
MiniMax Group Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, MiniMax Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where MiniMax Group'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 $-8.94 mean?
MiniMax Group (MNMXF) has a Net Current Asset Value of $-8.94 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 MiniMax Group and its competitors. According to the industry distribution chart, MiniMax Group ranks #999999 out of 1760 companies in the Software industry.
Is MiniMax Group's Net Current Asset Value too high?
MiniMax Group's current Net Current Asset Value is $-8.94. Based on the distribution chart, MiniMax Group ranks #999999 out of 1760 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MiniMax Group has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does MiniMax Group's Net Current Asset Value compare to ?
According to the Software industry distribution chart, MiniMax Group ranks #999999 out of 1760 companies for Net Current Asset Value. This places MiniMax Group in the lower half of its industry. The industry median Net Current Asset Value is 5.14. 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 Software company?
The median Net Current Asset Value among Software companies is 5.14, based on 1,760 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 MiniMax Group and its competitors. For the Software industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MiniMax Group's current Net Current Asset Value is $-8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiniMax Group stock overvalued right now?
MiniMax Group (MNMXF) has a current Net Current Asset Value of $-8.94. The current Net Current Asset Value is $-8.94. MiniMax Group's overall GF Score™ is 10/100 with 2 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 MiniMax Group (MNMXF), the current Net Current Asset Value is $-8.94 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.
MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.
10GF Score
Get the complete analysis for MNMXF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MNMXF has been successfully added to your 
