Spectra ProductsSPKTF 49 Net Current Asset Value is $0.09 as of Dec. 2025, which is 96% below its 10-year median of 2.19. GuruFocus rates SPKTF with a GF Score™ of 49/100 and a GF Value™ of $0.12. The stock has 5 warning signs investors should review. Among 707 Vehicles & Parts companies, Spectra Products ranks better than 80.91% 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).
Spectra Products's net current asset value per share for the quarter that ended in Dec. 2025 was $0.09.
The historical rank and industry rank for Spectra Products's Net Current Asset Value or its related term are showing as below:
SPKTF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.5 Med: 2.19 Max: 12.5
Current: 1.86
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Spectra Products was 12.50. The lowest was 1.50. And the median was 2.19.
SPKTF's Price-to-Net-Current-Asset-Value is ranked better than 80.91% of 707
companies
in the Vehicles & Parts industry
Industry Median: 5
vs SPKTF: 1.86
Spectra Products (OTCPK:SPKTF) 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.
Spectra Products Net Current Asset Value Related Terms
Spectra Products Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Spectra Products'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.
SPKTF vs ORLY, AZO, GPC: Net Current Asset Value Comparison
For the Auto Parts subindustry, Spectra Products'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.
Spectra Products Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Spectra Products'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 $0.09 mean?
Spectra Products (SPKTF) has a Net Current Asset Value of $0.09 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Spectra Products and its competitors. This is 96% below median its historical median of 2.19. Over the past decade, Spectra Products' Net Current Asset Value has ranged from 1.50 to 12.50. According to the industry distribution chart, Spectra Products ranks #135 out of 707 companies in the Vehicles & Parts industry, placing it in the top 19.1%.
Is Spectra Products' Net Current Asset Value too high?
Spectra Products' current Net Current Asset Value of $0.09 is 96% below median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 12.50. The Vehicles & Parts industry median Net Current Asset Value is 5.00. Spectra Products' value of $0.09 is 98.2% below this industry median. Based on the distribution chart, Spectra Products ranks #135 out of 707 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Spectra Products has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Spectra Products' Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Spectra Products ranks #135 out of 707 companies for Net Current Asset Value. This places Spectra Products in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.00. Spectra Products' value of $0.09 is 98.2% below this benchmark. Historically, Spectra Products' own Net Current Asset Value has ranged from 1.50 to 12.50 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 5.00, Spectra Products 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 5.00, based on 707 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. Spectra Products's current Net Current Asset Value of $0.09 is 98.2% 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 Spectra Products and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectra Products's current Net Current Asset Value is $0.09, which is 96% below median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Products stock overvalued right now?
Spectra Products (SPKTF) has a current Net Current Asset Value of $0.09. The stock's GF Value™ is $0.12, compared to a current price of $0.13 — trading 8.3% above its estimated fair value. The current Net Current Asset Value is $0.09, which is 96% below median its 10-year median of 2.19 and 98.2% below the Vehicles & Parts industry median of 5.00. Spectra Products' overall GF Score™ is 49/100 with 5 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 Spectra Products (SPKTF), the current Net Current Asset Value is $0.09 as of Dec. 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 Spectra Products (SPKTF) Overvalued in 2026?
Based on GuruFocus' analysis, Spectra Products stock appears to be overvalued.
The current stock price of $0.13 is trading 8.3% above its estimated GF Value™ of $0.12.
Key valuation signals for SPKTF:
Net Current Asset Value: $0.09 (96% below median its 10-year median of 2.19)
GF Value™: $0.12 vs. price of $0.13 (8.3% above fair value)
Industry Position: 98.2% below the Vehicles & Parts median (#135 of 707)
No single metric tells the full story. See the SPKTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.
49GF Score
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