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).
Syntec Optics Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.01.
The historical rank and industry rank for Syntec Optics Holdings's Net Current Asset Value or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Syntec Optics Holdings was 286.00. The lowest was 100.60. And the median was 134.00.
OPTX's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.53 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Syntec Optics Holdings (NAS:OPTX) 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.
Syntec Optics Holdings Net Current Asset Value Related Terms
Syntec Optics Holdings Net Current Asset Value Historical Data
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The historical data trend for Syntec Optics Holdings'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.
Syntec Optics Holdings Net Current Asset Value Chart
OPTX vs MPTI, RELL, MEI: Net Current Asset Value Comparison
For the Electronic Components subindustry, Syntec Optics 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.
Syntec Optics Holdings Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Syntec Optics Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Syntec Optics 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 $-0.01 mean?
Syntec Optics Holdings (OPTX) has a Net Current Asset Value of $-0.01 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 Syntec Optics Holdings and its competitors. Over the past decade, Syntec Optics Holdings' Net Current Asset Value has ranged from 100.60 to 286.00. According to the industry distribution chart, Syntec Optics Holdings ranks #999999 out of 1841 companies in the Hardware industry.
Is Syntec Optics Holdings' Net Current Asset Value too high?
Syntec Optics Holdings' current Net Current Asset Value is $-0.01. Over the past 10 years, this metric has ranged from a low of 100.60 to a high of 286.00. Based on the distribution chart, Syntec Optics Holdings ranks #999999 out of 1841 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Syntec Optics Holdings has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Syntec Optics Holdings' Net Current Asset Value compare to MPTI and RELL?
According to the Hardware industry distribution chart, Syntec Optics Holdings ranks #999999 out of 1841 companies for Net Current Asset Value. This places Syntec Optics Holdings in the lower half of its industry. The industry median Net Current Asset Value is 5.53. Historically, Syntec Optics Holdings' own Net Current Asset Value has ranged from 100.60 to 286.00 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.53, based on 1,841 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 Syntec Optics Holdings and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syntec Optics Holdings's current Net Current Asset Value is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syntec Optics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Syntec Optics Holdings (OPTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.94, compared to a current price of $10.87 — trading 460.3% above its estimated fair value. The current Net Current Asset Value is $-0.01. Syntec Optics Holdings' overall GF Score™ is 22/100 with 2 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 Syntec Optics Holdings (OPTX), the current Net Current Asset Value is $-0.01 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 Syntec Optics Holdings (OPTX) Overvalued in 2026?
Based on GuruFocus' analysis, Syntec Optics Holdings stock appears to be overvalued.
The current stock price of $10.87 is trading 460.3% above its estimated GF Value™ of $1.94.
GuruFocus considers Syntec Optics Holdings to be Significantly Overvalued.
Key valuation signals for OPTX:
Net Current Asset Value: $-0.01
GF Value™: $1.94 vs. price of $10.87 (460.3% above fair value)
No single metric tells the full story. See the OPTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Syntec Optics Holdings Inc is vertically integrated from design and component manufacturing for lens system assembly to imaging module integration for system solutions. Making its tools, molding, and nano machining allows close interaction and recut ability, enabling special techniques to hold tolerances to sub-micron levels. It has steadily developed a variety of other complementary manufacturing techniques to provide a wide suite of horizontal capabilities including thin film deposition coatings, glass molding, polymer molding, tool-making, mechanical manufacturing, and nano machining. Syntec Optics focuses on four end markets of defense, medical, consumer, and communications all with several mission-critical applications.
22GF Score
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