MSTXF (Madoro Metals) Net Current Asset Value: $0.01 (As of Feb. 2026) — 100% Below Median


What is Madoro Metals Net Current Asset Value?

Madoro Metals MSTXF -1.64% Net Current Asset Value is $0.01 as of Feb. 2026, which is 100% below its 10-year median of 5.50. The stock has 2 warning signs investors should review.

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).

Madoro Metals's net current asset value per share for the quarter that ended in Feb. 2026 was $0.01.

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

MSTXF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.5   Med: 5.5   Max: 12
Current: 6

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Madoro Metals was 12.00. The lowest was 1.50. And the median was 5.50.

MSTXF's Price-to-Net-Current-Asset-Value is not ranked
in the Metals & Mining industry.
Industry Median: 6.665 vs MSTXF: 6.00

Madoro Metals  (OTCPK:MSTXF) 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.


Madoro Metals Net Current Asset Value Related Terms


Madoro Metals Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Madoro Metals'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.

Madoro Metals Net Current Asset Value Chart

Madoro Metals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.00 0.01 0.01

Madoro Metals Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 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 0.01 0.01 0.01 0.01 0.01

MSTXF vs HL: Net Current Asset Value Comparison

For the Other Precious Metals & Mining subindustry, Madoro Metals'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.


Madoro Metals Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Madoro Metals's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Madoro Metals Net Current Asset Value Calculation

Madoro Metals's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2026 is calculated as

Net Current Asset Value Per Share(A: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(0.873-0.106-0-0)/93.147
=0.01

Madoro Metals'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)
=(0.873-0.106-0-0)/93.147
=0.01

* 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 $0.01 mean?
Madoro Metals (MSTXF) has a Net Current Asset Value of $0.01 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 Madoro Metals and its competitors. This is 100% below median its historical median of 5.50. Over the past decade, Madoro Metals' Net Current Asset Value has ranged from 1.50 to 12.00.
Is Madoro Metals' Net Current Asset Value too high?
Madoro Metals' current Net Current Asset Value of $0.01 is 100% below median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 12.00. The Metals & Mining industry median Net Current Asset Value is 6.67. Madoro Metals' value of $0.01 is 99.8% below this industry median.
How does Madoro Metals' Net Current Asset Value compare to HL?
Madoro Metals' Net Current Asset Value of $0.01 can be compared against companies in the Metals & Mining industry. The industry median Net Current Asset Value is 6.67. Madoro Metals' value of $0.01 is 99.8% below this benchmark. Historically, Madoro Metals' own Net Current Asset Value has ranged from 1.50 to 12.00 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 6.67, Madoro Metals 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.67, based on 1,334 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. Madoro Metals's current Net Current Asset Value of $0.01 is 99.8% 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 Madoro Metals and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madoro Metals's current Net Current Asset Value is $0.01, which is 100% below median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madoro Metals stock overvalued right now?
Madoro Metals (MSTXF) has a current Net Current Asset Value of $0.01. The current Net Current Asset Value is $0.01, which is 100% below median its 10-year median of 5.50 and 99.8% below the Metals & Mining industry median of 6.67. 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 Madoro Metals (MSTXF), the current Net Current Asset Value is $0.01 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.

Madoro Metals Business Description

Address 789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Madoro Metals Corp is a precious metals-focused exploration and development company. The company operates in one business segment, being the exploration and development of mineral properties. It is engaged in gold-silver projects. The firm's projects are the Ralleau Project, First Green Lithium, Magdalena, Yautepec, and Rama de Oro. Geographically the group operates in Canada and Mexico.