Pharma MarPHMMF -25.35%82 Net Current Asset Value is $9.21 as of Mar. 2026, which is 17% below its 10-year median of 11.11. GuruFocus rates PHMMF with a GF Score™ of 82/100 and a GF Value™ of $90.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 946 Biotechnology companies, Pharma Mar ranks worse than 73.04% 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).
Pharma Mar's net current asset value per share for the quarter that ended in Mar. 2026 was $9.21.
The historical rank and industry rank for Pharma Mar's Net Current Asset Value or its related term are showing as below:
PHMMF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.59 Med: 11.11 Max: 308.57
Current: 9.16
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pharma Mar was 308.57. The lowest was 4.59. And the median was 11.11.
PHMMF's Price-to-Net-Current-Asset-Value is ranked worse than 73.04% of 946
companies
in the Biotechnology industry
Industry Median: 4.955
vs PHMMF: 9.16
Pharma Mar (OTCPK:PHMMF) 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.
Pharma Mar Net Current Asset Value Related Terms
Pharma Mar Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Pharma Mar'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.
PHMMF vs VRTX, REGN, ALNY: Net Current Asset Value Comparison
For the Biotechnology subindustry, Pharma Mar'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.
Pharma Mar Price-to-Net-Current-Asset-Value vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Pharma Mar's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Pharma Mar'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 $9.21 mean?
Pharma Mar (PHMMF) has a Net Current Asset Value of $9.21 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 Pharma Mar and its competitors. This is 17% below median its historical median of 11.11. Over the past decade, Pharma Mar's Net Current Asset Value has ranged from 4.59 to 308.57. According to the industry distribution chart, Pharma Mar ranks #691 out of 946 companies in the Biotechnology industry, placing it in the top 73%.
Is Pharma Mar's Net Current Asset Value too high?
Pharma Mar's current Net Current Asset Value of $9.21 is 17% below median its 10-year median of 11.11. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 308.57. The Biotechnology industry median Net Current Asset Value is 4.96. Pharma Mar's value of $9.21 is 85.9% above this industry median. Based on the distribution chart, Pharma Mar ranks #691 out of 946 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Pharma Mar has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pharma Mar's Net Current Asset Value compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharma Mar ranks #691 out of 946 companies for Net Current Asset Value. This places Pharma Mar in the lower half of its industry. The industry median Net Current Asset Value is 4.96. Pharma Mar's value of $9.21 is 85.9% above this benchmark. Historically, Pharma Mar's own Net Current Asset Value has ranged from 4.59 to 308.57 over the past decade. While the company's 10-year median is 11.11 vs. the industry median of 4.96, Pharma Mar 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 a Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.96, based on 946 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. Pharma Mar's current Net Current Asset Value of $9.21 is 85.9% 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 Pharma Mar and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharma Mar's current Net Current Asset Value is $9.21, which is 17% below median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharma Mar stock overvalued right now?
Based on GuruFocus' analysis, Pharma Mar (PHMMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $90.51, compared to a current price of $79.49 — trading 12.2% below its estimated fair value. The current Net Current Asset Value is $9.21, which is 17% below median its 10-year median of 11.11 and 85.9% above the Biotechnology industry median of 4.96. Pharma Mar's overall GF Score™ is 82/100 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 Pharma Mar (PHMMF), the current Net Current Asset Value is $9.21 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 Pharma Mar (PHMMF) Overvalued in 2026?
Based on GuruFocus' analysis, Pharma Mar stock appears to be undervalued.
The current stock price of $79.49 is trading 12.2% below its estimated GF Value™ of $90.51.
GuruFocus considers Pharma Mar to be Modestly Undervalued.
Key valuation signals for PHMMF:
Net Current Asset Value: $9.21 (17% below median its 10-year median of 11.11)
GF Value™: $90.51 vs. price of $79.49 (12.2% below fair value)
Industry Position: 85.9% above the Biotechnology median (#691 of 946)
No single metric tells the full story. See the PHMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pharma Mar SA is engaged in the research, development, production, and commercialization of bio-active principles of marine origin for application in oncology. It also produces and markets insecticides and air fresheners for household use, household products, wood treatment and decoration products, paints, and similar products. Its operating business segments are Oncology and RNAi. The company obtains its revenues from two main areas: biopharmaceuticals and consumer chemicals, but the biopharmaceuticals is the main line of business.
82GF Score
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