Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
PaySignPAYS -2.96%69 Net Current Asset Value is $0.35 as of Mar. 2026, which is 99% below its 10-year median of 26.67. GuruFocus rates PAYS with a GF Score™ of 69/100 and a GF Value™ of $5.96 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,757 Software companies, PaySign ranks worse than 89.76% 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).
PaySign's net current asset value per share for the quarter that ended in Mar. 2026 was $0.35.
The historical rank and industry rank for PaySign's Net Current Asset Value or its related term are showing as below:
PAYS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.6 Med: 26.67 Max: 106
Current: 25.27
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PaySign was 106.00. The lowest was 9.60. And the median was 26.67.
PAYS's Price-to-Net-Current-Asset-Value is ranked worse than 89.76% of 1757
companies
in the Software industry
Industry Median: 4.75
vs PAYS: 25.27
PaySign (NAS:PAYS) 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.
PaySign Net Current Asset Value Related Terms
PaySign Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PaySign'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.
PAYS vs SWMR, YEXT, CINT: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, PaySign'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.
PaySign Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, PaySign's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PaySign'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 $0.35 mean?
PaySign (PAYS) has a Net Current Asset Value of $0.35 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 PaySign and its competitors. This is 99% below median its historical median of 26.67. Over the past decade, PaySign's Net Current Asset Value has ranged from 9.60 to 106.00. According to the industry distribution chart, PaySign ranks #1577 out of 1757 companies in the Software industry, placing it in the top 89.8%.
Is PaySign's Net Current Asset Value too high?
PaySign's current Net Current Asset Value of $0.35 is 99% below median its 10-year median of 26.67. Over the past 10 years, this metric has ranged from a low of 9.60 to a high of 106.00. The Software industry median Net Current Asset Value is 4.75. PaySign's value of $0.35 is 92.6% below this industry median. Based on the distribution chart, PaySign ranks #1577 out of 1757 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, PaySign has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PaySign's Net Current Asset Value compare to SWMR and YEXT?
According to the Software industry distribution chart, PaySign ranks #1577 out of 1757 companies for Net Current Asset Value. This places PaySign in the lower half of its industry. The industry median Net Current Asset Value is 4.75. PaySign's value of $0.35 is 92.6% below this benchmark. Historically, PaySign's own Net Current Asset Value has ranged from 9.60 to 106.00 over the past decade. While the company's 10-year median is 26.67 vs. the industry median of 4.75, PaySign 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 Software company?
The median Net Current Asset Value among Software companies is 4.75, based on 1,757 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. PaySign's current Net Current Asset Value of $0.35 is 92.6% 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 PaySign and its competitors. For the Software industry, the median Net Current Asset Value is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PaySign's current Net Current Asset Value is $0.35, which is 99% below median its own 10-year median of 26.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PaySign stock overvalued right now?
Based on GuruFocus' analysis, PaySign (PAYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.96, compared to a current price of $8.85 — trading 48.5% above its estimated fair value. The current Net Current Asset Value is $0.35, which is 99% below median its 10-year median of 26.67 and 92.6% below the Software industry median of 4.75. PaySign's overall GF Score™ is 69/100 with 7 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 PaySign (PAYS), the current Net Current Asset Value is $0.35 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 PaySign (PAYS) Overvalued in 2026?
Based on GuruFocus' analysis, PaySign stock appears to be overvalued.
The current stock price of $8.85 is trading 48.5% above its estimated GF Value™ of $5.96.
GuruFocus considers PaySign to be Significantly Overvalued.
Key valuation signals for PAYS:
Net Current Asset Value: $0.35 (99% below median its 10-year median of 26.67)
GF Value™: $5.96 vs. price of $8.85 (48.5% above fair value)
Industry Position: 92.6% below the Software median (#1577 of 1757)
No single metric tells the full story. See the PAYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing designed for businesses, consumers, and government institutions. The Company creates customized payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality, and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.
69GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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