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).
The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ollie's Bargain Outlet Holdings was 312.09. The lowest was 33.01. And the median was 55.55.
OLLI's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.23 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Ollie's Bargain Outlet Holdings (NAS:OLLI) 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.
Ollie's Bargain Outlet Holdings Net Current Asset Value Related Terms
Ollie's Bargain Outlet Holdings Net Current Asset Value Historical Data
* 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.
Ollie's Bargain Outlet Holdings Net Current Asset Value Chart
OLLI vs TBBB, PSMT, BJ: Net Current Asset Value Comparison
For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.
Ollie's Bargain Outlet Holdings Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ollie's Bargain Outlet Holdings'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 $-2.36 mean?
Ollie's Bargain Outlet Holdings (OLLI) has a Net Current Asset Value of $-2.36 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Ollie's Bargain Outlet Holdings and its competitors. Over the past decade, Ollie's Bargain Outlet Holdings' Net Current Asset Value has ranged from 33.01 to 312.09. According to the industry distribution chart, Ollie's Bargain Outlet Holdings ranks #999999 out of 132 companies in the Retail - Defensive industry.
Is Ollie's Bargain Outlet Holdings' Net Current Asset Value too high?
Ollie's Bargain Outlet Holdings' current Net Current Asset Value is $-2.36. Over the past 10 years, this metric has ranged from a low of 33.01 to a high of 312.09. Based on the distribution chart, Ollie's Bargain Outlet Holdings ranks #999999 out of 132 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Ollie's Bargain Outlet Holdings has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ollie's Bargain Outlet Holdings' Net Current Asset Value compare to TBBB and PSMT?
According to the Retail - Defensive industry distribution chart, Ollie's Bargain Outlet Holdings ranks #999999 out of 132 companies for Net Current Asset Value. This places Ollie's Bargain Outlet Holdings in the lower half of its industry. The industry median Net Current Asset Value is 3.23. Historically, Ollie's Bargain Outlet Holdings' own Net Current Asset Value has ranged from 33.01 to 312.09 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 Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.23, based on 132 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 Ollie's Bargain Outlet Holdings and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ollie's Bargain Outlet Holdings's current Net Current Asset Value is $-2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ollie's Bargain Outlet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ollie's Bargain Outlet Holdings (OLLI) is currently considered Significantly Undervalued. The stock's GF Value™ is $120.38, compared to a current price of $74.19 — trading 38.4% below its estimated fair value. The current Net Current Asset Value is $-2.36. Ollie's Bargain Outlet Holdings' overall GF Score™ is 83/100 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 Ollie's Bargain Outlet Holdings (OLLI), the current Net Current Asset Value is $-2.36 as of Apr. 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 Ollie's Bargain Outlet Holdings (OLLI) Overvalued in 2026?
Based on GuruFocus' analysis, Ollie's Bargain Outlet Holdings stock appears to be undervalued.
The current stock price of $74.19 is trading 38.4% below its estimated GF Value™ of $120.38.
GuruFocus considers Ollie's Bargain Outlet Holdings to be Significantly Undervalued.
Key valuation signals for OLLI:
Net Current Asset Value: $-2.36
GF Value™: $120.38 vs. price of $74.19 (38.4% below fair value)
No single metric tells the full story. See the OLLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ollie's Bargain Outlet Holdings Business Description
Ollie's Bargain Outlet Holdings Inc is a retailer of closeout merchandise and excess inventory. The company sells name-brand household items that consumers use every day at prices heavily discounted compared with traditional retailers. It offers customers a broad selection of brand-name products, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics. The company operates stores across the Eastern half of the United States. Its differentiated go-to-market plan is characterized by a fun, engaging treasure-hunt shopping experience, a compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns.
83GF Score
Get the complete analysis for OLLI
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