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Omega FlexOFLX +1.73%64 Net Current Asset Value is $6.02 as of Mar. 2026, which is 63% below its 10-year median of 16.48. GuruFocus rates OFLX with a GF Score™ of 64/100 and a GF Value™ of $42.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,214 Industrial Products companies, Omega Flex ranks better than 50.68% 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).
Omega Flex's net current asset value per share for the quarter that ended in Mar. 2026 was $6.02.
The historical rank and industry rank for Omega Flex's Net Current Asset Value or its related term are showing as below:
OFLX'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.77 Med: 16.48 Max: 57.83
Current: 4.89
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Omega Flex was 57.83. The lowest was 4.77. And the median was 16.48.
OFLX's Price-to-Net-Current-Asset-Value is ranked better than 50.68% of 2214
companies
in the Industrial Products industry
Industry Median: 4.92
vs OFLX: 4.89
Omega Flex (NAS:OFLX) 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.
Omega Flex Net Current Asset Value Related Terms
Omega Flex Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Omega Flex'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.
OFLX vs CEPL, SHMD, TWIN: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Omega Flex'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.
Omega Flex Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Omega Flex's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Omega Flex'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 $6.02 mean?
Omega Flex (OFLX) has a Net Current Asset Value of $6.02 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 Omega Flex and its competitors. This is 63% below median its historical median of 16.48. Over the past decade, Omega Flex's Net Current Asset Value has ranged from 4.77 to 57.83. According to the industry distribution chart, Omega Flex ranks #1092 out of 2214 companies in the Industrial Products industry, placing it in the top 49.3%.
Is Omega Flex's Net Current Asset Value too high?
Omega Flex's current Net Current Asset Value of $6.02 is 63% below median its 10-year median of 16.48. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 57.83. The Industrial Products industry median Net Current Asset Value is 4.92. Omega Flex's value of $6.02 is 22.4% above this industry median. Based on the distribution chart, Omega Flex ranks #1092 out of 2214 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Omega Flex has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Omega Flex's Net Current Asset Value compare to CEPL and SHMD?
According to the Industrial Products industry distribution chart, Omega Flex ranks #1092 out of 2214 companies for Net Current Asset Value. This puts Omega Flex in the upper half of its industry. The industry median Net Current Asset Value is 4.92. Omega Flex's value of $6.02 is 22.4% above this benchmark. Historically, Omega Flex's own Net Current Asset Value has ranged from 4.77 to 57.83 over the past decade. While the company's 10-year median is 16.48 vs. the industry median of 4.92, Omega Flex has consistently been above 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.92, based on 2,214 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. Omega Flex's current Net Current Asset Value of $6.02 is 22.4% above 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 Omega Flex and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omega Flex's current Net Current Asset Value is $6.02, which is 63% below median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Flex stock overvalued right now?
Based on GuruFocus' analysis, Omega Flex (OFLX) is currently considered Possible Value Trap. The stock's GF Value™ is $42.88, compared to a current price of $29.41 — trading 31.4% below its estimated fair value. The current Net Current Asset Value is $6.02, which is 63% below median its 10-year median of 16.48 and 22.4% above the Industrial Products industry median of 4.92. Omega Flex's overall GF Score™ is 64/100 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 Omega Flex (OFLX), the current Net Current Asset Value is $6.02 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 Omega Flex (OFLX) Overvalued in 2026?
Based on GuruFocus' analysis, Omega Flex stock appears to be undervalued.
The current stock price of $29.41 is trading 31.4% below its estimated GF Value™ of $42.88.
GuruFocus considers Omega Flex to be Possible Value Trap.
Key valuation signals for OFLX:
Net Current Asset Value: $6.02 (63% below median its 10-year median of 16.48)
GF Value™: $42.88 vs. price of $29.41 (31.4% below fair value)
Industry Position: 22.4% above the Industrial Products median (#1092 of 2214)
No single metric tells the full story. See the OFLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Omega Flex Inc is a manufacturer of flexible metal hoses, which is used in a variety of ways to carry gases and liquids within their particular applications. Omega sells its products under the TracPipe, CounterStrike, DoubleTrac, DEF-Trac and MediTrac brands. It serves various markets which include construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. Geographically Omega Flex, Inc operates in the United States. The company derives revenues from the manufacture and sale of flexible metal hose and accessories.
64GF Score
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