Newegg CommerceNEGG +0.61%61 Net Current Asset Value is $2.50 as of Dec. 2025, which is 97% below its 10-year median of 72.53. GuruFocus rates NEGG with a GF Score™ of 61/100 and a GF Value™ of $16.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 554 Retail - Cyclical companies, Newegg Commerce ranks worse than 69.13% 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).
Newegg Commerce's net current asset value per share for the quarter that ended in Dec. 2025 was $2.50.
The historical rank and industry rank for Newegg Commerce's Net Current Asset Value or its related term are showing as below:
NEGG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.72 Med: 72.53 Max: 124.76
Current: 5.91
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Newegg Commerce was 124.76. The lowest was 5.72. And the median was 72.53.
NEGG's Price-to-Net-Current-Asset-Value is ranked worse than 69.13% of 554
companies
in the Retail - Cyclical industry
Industry Median: 3.04
vs NEGG: 5.91
Newegg Commerce (NAS:NEGG) 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.
Newegg Commerce Net Current Asset Value Related Terms
Newegg Commerce Net Current Asset Value Historical Data
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The historical data trend for Newegg Commerce'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.
NEGG vs LOGC, BBBY, BZUN: Net Current Asset Value Comparison
For the Internet Retail subindustry, Newegg Commerce'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.
Newegg Commerce Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Newegg Commerce's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Newegg Commerce'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 $2.50 mean?
Newegg Commerce (NEGG) has a Net Current Asset Value of $2.50 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 Newegg Commerce and its competitors. This is 97% below median its historical median of 72.53. Over the past decade, Newegg Commerce's Net Current Asset Value has ranged from 5.72 to 124.76. According to the industry distribution chart, Newegg Commerce ranks #383 out of 554 companies in the Retail - Cyclical industry, placing it in the top 69.1%.
Is Newegg Commerce's Net Current Asset Value too high?
Newegg Commerce's current Net Current Asset Value of $2.50 is 97% below median its 10-year median of 72.53. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 124.76. The Retail - Cyclical industry median Net Current Asset Value is 3.04. Newegg Commerce's value of $2.50 is 17.8% below this industry median. Based on the distribution chart, Newegg Commerce ranks #383 out of 554 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Newegg Commerce has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newegg Commerce's Net Current Asset Value compare to LOGC and BBBY?
According to the Retail - Cyclical industry distribution chart, Newegg Commerce ranks #383 out of 554 companies for Net Current Asset Value. This places Newegg Commerce in the lower half of its industry. The industry median Net Current Asset Value is 3.04. Newegg Commerce's value of $2.50 is 17.8% below this benchmark. Historically, Newegg Commerce's own Net Current Asset Value has ranged from 5.72 to 124.76 over the past decade. While the company's 10-year median is 72.53 vs. the industry median of 3.04, Newegg Commerce 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.04, based on 554 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. Newegg Commerce's current Net Current Asset Value of $2.50 is 17.8% 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 Newegg Commerce and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newegg Commerce's current Net Current Asset Value is $2.50, which is 97% below median its own 10-year median of 72.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newegg Commerce stock overvalued right now?
Based on GuruFocus' analysis, Newegg Commerce (NEGG) is currently considered Fairly Valued. The stock's GF Value™ is $16.41, compared to a current price of $14.77 — trading 10% below its estimated fair value. The current Net Current Asset Value is $2.50, which is 97% below median its 10-year median of 72.53 and 17.8% below the Retail - Cyclical industry median of 3.04. Newegg Commerce's overall GF Score™ is 61/100 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 Newegg Commerce (NEGG), the current Net Current Asset Value is $2.50 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.
Is Newegg Commerce (NEGG) Overvalued in 2026?
Based on GuruFocus' analysis, Newegg Commerce stock appears to be undervalued.
The current stock price of $14.77 is trading 10% below its estimated GF Value™ of $16.41.
GuruFocus considers Newegg Commerce to be Fairly Valued.
Key valuation signals for NEGG:
Net Current Asset Value: $2.50 (97% below median its 10-year median of 72.53)
GF Value™: $16.41 vs. price of $14.77 (10% below fair value)
Industry Position: 17.8% below the Retail - Cyclical median (#383 of 554)
No single metric tells the full story. See the NEGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home, and gaming products, and provides certain third-party logistics services globally. Geographically, it operates in the United States, Canada, and the Rest of the world.
61GF 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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