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).
Northstar Clean Technologies's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.29.
The historical rank and industry rank for Northstar Clean Technologies's Net Current Asset Value or its related term are showing as below:
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Northstar Clean Technologies was 13.00. The lowest was 6.75. And the median was 12.00.
ROOOF's Price-to-Net-Current-Asset-Value is not ranked *
in the Waste Management industry.
Industry Median: 4.6 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Northstar Clean Technologies (OTCPK:ROOOF) 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.
Northstar Clean Technologies Net Current Asset Value Related Terms
Northstar Clean Technologies 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.
Northstar Clean Technologies Net Current Asset Value Chart
ROOOF vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Northstar Clean Technologies'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.
Northstar Clean Technologies Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Northstar Clean Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Northstar Clean Technologies'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 $-0.29 mean?
Northstar Clean Technologies (ROOOF) has a Net Current Asset Value of $-0.29 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 Northstar Clean Technologies and its competitors. Over the past decade, Northstar Clean Technologies' Net Current Asset Value has ranged from 6.75 to 13.00. According to the industry distribution chart, Northstar Clean Technologies ranks #999999 out of 97 companies in the Waste Management industry.
Is Northstar Clean Technologies' Net Current Asset Value too high?
Northstar Clean Technologies' current Net Current Asset Value is $-0.29. Over the past 10 years, this metric has ranged from a low of 6.75 to a high of 13.00. Based on the distribution chart, Northstar Clean Technologies ranks #999999 out of 97 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Northstar Clean Technologies has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northstar Clean Technologies' Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Northstar Clean Technologies ranks #999999 out of 97 companies for Net Current Asset Value. This places Northstar Clean Technologies in the lower half of its industry. The industry median Net Current Asset Value is 4.60. Historically, Northstar Clean Technologies' own Net Current Asset Value has ranged from 6.75 to 13.00 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.60, based on 97 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 Northstar Clean Technologies and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northstar Clean Technologies's current Net Current Asset Value is $-0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northstar Clean Technologies stock overvalued right now?
Based on GuruFocus' analysis, Northstar Clean Technologies (ROOOF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.20, compared to a current price of $0.11 — trading 44.7% below its estimated fair value. The current Net Current Asset Value is $-0.29. Northstar Clean Technologies' overall GF Score™ is 17/100 with 6 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 Northstar Clean Technologies (ROOOF), the current Net Current Asset Value is $-0.29 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 Northstar Clean Technologies (ROOOF) Overvalued in 2026?
Based on GuruFocus' analysis, Northstar Clean Technologies stock appears to be undervalued.
The current stock price of $0.11 is trading 44.7% below its estimated GF Value™ of $0.20.
GuruFocus considers Northstar Clean Technologies to be Possible Value Trap.
Key valuation signals for ROOOF:
Net Current Asset Value: $-0.29
GF Value™: $0.20 vs. price of $0.11 (44.7% below fair value)
No single metric tells the full story. See the ROOOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northstar Clean Technologies Inc is engaged in the commercialization of proprietary process technology for the recycling of asphalt shingles and the extraction and recovery of asphalt cement, fiberglass/felt and mineral aggregates to be sold and used in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. The Company currently operates in one business segment in Canada, being the repurposing and reprocessing of asphalt shingles.
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