Olenox IndustriesOLOX +3.80%51 Net Current Asset Value is $-377.30 as of Sep. 2025. GuruFocus rates OLOX with a GF Score™ of 51/100 and a GF Value™ of $46.42 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,217 Industrial Products companies, Olenox Industries ranks worse than 45105.95% 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).
Olenox Industries's net current asset value per share for the quarter that ended in Sep. 2025 was $-377.30.
The historical rank and industry rank for Olenox Industries'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 Olenox Industries was 719819.83. The lowest was 0.95. And the median was 10601.55.
OLOX's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.5 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Olenox Industries (NAS:OLOX) 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.
Olenox Industries Net Current Asset Value Related Terms
Olenox Industries Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Olenox Industries'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.
OLOX vs HIHO, MTEN, CRS: Net Current Asset Value Comparison
For the Metal Fabrication subindustry, Olenox Industries'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.
Olenox Industries Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Olenox Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Olenox Industries'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 $-377.30 mean?
Olenox Industries (OLOX) has a Net Current Asset Value of $-377.30 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Olenox Industries and its competitors. Over the past decade, Olenox Industries' Net Current Asset Value has ranged from 0.95 to 719,819.83. According to the industry distribution chart, Olenox Industries ranks #999999 out of 2217 companies in the Industrial Products industry.
Is Olenox Industries' Net Current Asset Value too high?
Olenox Industries' current Net Current Asset Value is $-377.30. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 719,819.83. Based on the distribution chart, Olenox Industries ranks #999999 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Olenox Industries has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olenox Industries' Net Current Asset Value compare to HIHO and MTEN?
According to the Industrial Products industry distribution chart, Olenox Industries ranks #999999 out of 2217 companies for Net Current Asset Value. This places Olenox Industries in the lower half of its industry. The industry median Net Current Asset Value is 5.50. Historically, Olenox Industries' own Net Current Asset Value has ranged from 0.95 to 719,819.83 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.50, based on 2,217 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 Olenox Industries and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olenox Industries's current Net Current Asset Value is $-377.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olenox Industries stock overvalued right now?
Based on GuruFocus' analysis, Olenox Industries (OLOX) is currently considered Possible Value Trap. The stock's GF Value™ is $46.42, compared to a current price of $5.53 — trading 88.1% below its estimated fair value. The current Net Current Asset Value is $-377.30. Olenox Industries' overall GF Score™ is 51/100 with 8 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 Olenox Industries (OLOX), the current Net Current Asset Value is $-377.30 as of Sep. 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 Olenox Industries (OLOX) Overvalued in 2026?
Based on GuruFocus' analysis, Olenox Industries stock appears to be undervalued.
The current stock price of $5.53 is trading 88.1% below its estimated GF Value™ of $46.42.
GuruFocus considers Olenox Industries to be Possible Value Trap.
Key valuation signals for OLOX:
Net Current Asset Value: $-377.30
GF Value™: $46.42 vs. price of $5.53 (88.1% below fair value)
No single metric tells the full story. See the OLOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olenox Industries Inc is an industrial holding company focused on acquiring, operating, and scaling businesses that provide engineered solutions across industrial, energy, and infrastructure markets. Through its subsidiaries, it delivers high-quality modular and containerized systems designed for rapid deployment and long-term performance.
51GF Score
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