Neo Performance MaterialsNOPMF -3.23%66 Net Current Asset Value is $1.37 as of Mar. 2026, which is 37% below its 10-year median of 2.16. GuruFocus rates NOPMF with a GF Score™ of 66/100 and a GF Value™ of $6.14 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 947 Chemicals companies, Neo Performance Materials ranks worse than 81.84% 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).
Neo Performance Materials's net current asset value per share for the quarter that ended in Mar. 2026 was $1.37.
The historical rank and industry rank for Neo Performance Materials's Net Current Asset Value or its related term are showing as below:
NOPMF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.07 Med: 2.16 Max: 19.92
Current: 19.92
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Neo Performance Materials was 19.92. The lowest was 1.07. And the median was 2.16.
NOPMF's Price-to-Net-Current-Asset-Value is ranked worse than 81.84% of 947
companies
in the Chemicals industry
Industry Median: 5.22
vs NOPMF: 19.92
Neo Performance Materials (OTCPK:NOPMF) 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.
Neo Performance Materials Net Current Asset Value Related Terms
Neo Performance Materials Net Current Asset Value Historical Data
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The historical data trend for Neo Performance Materials'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.
Neo Performance Materials Net Current Asset Value Chart
NOPMF vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Neo Performance Materials'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.
Neo Performance Materials Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Neo Performance Materials'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 $1.37 mean?
Neo Performance Materials (NOPMF) has a Net Current Asset Value of $1.37 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Neo Performance Materials and its competitors. This is 37% below median its historical median of 2.16. Over the past decade, Neo Performance Materials' Net Current Asset Value has ranged from 1.07 to 19.92. According to the industry distribution chart, Neo Performance Materials ranks #775 out of 947 companies in the Chemicals industry, placing it in the top 81.8%.
Is Neo Performance Materials' Net Current Asset Value too high?
Neo Performance Materials' current Net Current Asset Value of $1.37 is 37% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 19.92. The Chemicals industry median Net Current Asset Value is 5.22. Neo Performance Materials' value of $1.37 is 73.8% below this industry median. Based on the distribution chart, Neo Performance Materials ranks #775 out of 947 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Neo Performance Materials has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neo Performance Materials' Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Neo Performance Materials ranks #775 out of 947 companies for Net Current Asset Value. This places Neo Performance Materials in the lower half of its industry. The industry median Net Current Asset Value is 5.22. Neo Performance Materials' value of $1.37 is 73.8% below this benchmark. Historically, Neo Performance Materials' own Net Current Asset Value has ranged from 1.07 to 19.92 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 5.22, Neo Performance Materials 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.22, based on 947 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. Neo Performance Materials's current Net Current Asset Value of $1.37 is 73.8% 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 Neo Performance Materials and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo Performance Materials's current Net Current Asset Value is $1.37, which is 37% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo Performance Materials stock overvalued right now?
Based on GuruFocus' analysis, Neo Performance Materials (NOPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.14, compared to a current price of $25.19 — trading 310.3% above its estimated fair value. The current Net Current Asset Value is $1.37, which is 37% below median its 10-year median of 2.16 and 73.8% below the Chemicals industry median of 5.22. Neo Performance Materials' overall GF Score™ is 66/100 with 9 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 Neo Performance Materials (NOPMF), the current Net Current Asset Value is $1.37 as of Mar. 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 Neo Performance Materials (NOPMF) Overvalued in 2026?
Based on GuruFocus' analysis, Neo Performance Materials stock appears to be overvalued.
The current stock price of $25.19 is trading 310.3% above its estimated GF Value™ of $6.14.
GuruFocus considers Neo Performance Materials to be Significantly Overvalued.
Key valuation signals for NOPMF:
Net Current Asset Value: $1.37 (37% below median its 10-year median of 2.16)
GF Value™: $6.14 vs. price of $25.19 (310.3% above fair value)
Industry Position: 73.8% below the Chemicals median (#775 of 947)
No single metric tells the full story. See the NOPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others, of which it derives maximum revenue from Asia.
66GF Score
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