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Carbacid InvestmentsNAI:CARB +2.75%86 Net Current Asset Value is KES0.77 as of Jan. 2026, which is 100% below its 10-year median of 12.59. GuruFocus rates NAI:CARB with a GF Score™ of 86/100 and a GF Value™ of KES22.32 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 948 Chemicals companies, Carbacid Investments ranks worse than 93.67% 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).
Carbacid Investments's net current asset value per share for the quarter that ended in Jan. 2026 was KES0.77.
The historical rank and industry rank for Carbacid Investments's Net Current Asset Value or its related term are showing as below:
NAI:CARB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.15 Med: 12.59 Max: 395
Current: 50.91
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Carbacid Investments was 395.00. The lowest was 3.15. And the median was 12.59.
NAI:CARB's Price-to-Net-Current-Asset-Value is ranked worse than 93.67% of 948
companies
in the Chemicals industry
Industry Median: 5.135
vs NAI:CARB: 50.91
Carbacid Investments (NAI:CARB) 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.
Carbacid Investments Net Current Asset Value Related Terms
Carbacid Investments Net Current Asset Value Historical Data
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The historical data trend for Carbacid Investments'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.
Carbacid Investments Net Current Asset Value Chart
NAI:CARB vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Carbacid Investments'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.
Carbacid Investments Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Carbacid Investments's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Carbacid Investments'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 KES0.77 mean?
Carbacid Investments (NAI:CARB) has a Net Current Asset Value of KES0.77 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Carbacid Investments and its competitors. This is 94% below median its historical median of 12.59. Over the past decade, Carbacid Investments' Net Current Asset Value has ranged from 3.15 to 395.00. According to the industry distribution chart, Carbacid Investments ranks #888 out of 948 companies in the Chemicals industry, placing it in the top 93.7%.
Is Carbacid Investments' Net Current Asset Value too high?
Carbacid Investments' current Net Current Asset Value of KES0.77 is 94% below median its 10-year median of 12.59. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 395.00. Based on the distribution chart, Carbacid Investments ranks #888 out of 948 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Carbacid Investments has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carbacid Investments' Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Carbacid Investments ranks #888 out of 948 companies for Net Current Asset Value. This places Carbacid Investments in the lower half of its industry. The industry median Net Current Asset Value is 5.14. Historically, Carbacid Investments' own Net Current Asset Value has ranged from 3.15 to 395.00 over the past decade. 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.14, based on 948 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 Carbacid Investments and its competitors. For the Chemicals 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. Carbacid Investments's current Net Current Asset Value is KES0.77, which is 94% below median its own 10-year median of 12.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carbacid Investments stock overvalued right now?
Based on GuruFocus' analysis, Carbacid Investments (NAI:CARB) is currently considered Significantly Overvalued. The stock's GF Value™ is KES22.32, compared to a current price of KES39.20 — trading 75.6% above its estimated fair value. The current Net Current Asset Value is KES0.77, which is 94% below median its 10-year median of 12.59. Carbacid Investments' overall GF Score™ is 86/100 with 7 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 Carbacid Investments (NAI:CARB), the current Net Current Asset Value is KES0.77 as of Jan. 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.
Is Carbacid Investments (NAI:CARB) Overvalued in 2026?
Based on GuruFocus' analysis, Carbacid Investments stock appears to be overvalued.
The current stock price of KES39.20 is trading 75.6% above its estimated GF Value™ of KES22.32.
GuruFocus considers Carbacid Investments to be Significantly Overvalued.
Key valuation signals for NAI:CARB:
Net Current Asset Value: KES0.77 (94% below median its 10-year median of 12.59)
GF Value™: KES22.32 vs. price of KES39.20 (75.6% above fair value)
No single metric tells the full story. See the NAI:CARB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carbacid Investments PLC is an investment and holding company with three subsidiaries. The main activities of the business are mining and marketing of carbon dioxide gas, and investment. These are organized in the following operating segments: Trading and Investment. It derives substantial revenue from trading activities. It caters to domestic and overseas markets. Key revenue is derived from the sale of Carbon dioxide gas.
86GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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