Simpson Manufacturing CoSSD -0.10%96 Net Current Asset Value is $9.18 as of Mar. 2026, which is 12% above its 10-year median of 8.18. GuruFocus rates SSD with a GF Score™ of 96/100 and a GF Value™ of $184.96 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 127 Forest Products companies, Simpson Manufacturing Co ranks worse than 92.13% 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).
Simpson Manufacturing Co's net current asset value per share for the quarter that ended in Mar. 2026 was $9.18.
The historical rank and industry rank for Simpson Manufacturing Co's Net Current Asset Value or its related term are showing as below:
SSD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.84 Med: 8.18 Max: 1117.89
Current: 22.86
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Simpson Manufacturing Co was 1117.89. The lowest was 3.84. And the median was 8.18.
SSD's Price-to-Net-Current-Asset-Value is ranked worse than 92.13% of 127
companies
in the Forest Products industry
Industry Median: 3.2
vs SSD: 22.86
Simpson Manufacturing Co (NYSE:SSD) 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.
Simpson Manufacturing Co Net Current Asset Value Related Terms
Simpson Manufacturing Co Net Current Asset Value Historical Data
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The historical data trend for Simpson Manufacturing Co'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.
Simpson Manufacturing Co Net Current Asset Value Chart
SSD vs UFPI, BCC, JCTC: Net Current Asset Value Comparison
For the Lumber & Wood Production subindustry, Simpson Manufacturing Co'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.
Simpson Manufacturing Co Price-to-Net-Current-Asset-Value vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Simpson Manufacturing Co'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 $9.18 mean?
Simpson Manufacturing Co (SSD) has a Net Current Asset Value of $9.18 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 Simpson Manufacturing Co and its competitors. This is 12% above median its historical median of 8.18. Over the past decade, Simpson Manufacturing Co's Net Current Asset Value has ranged from 3.84 to 1,117.89. According to the industry distribution chart, Simpson Manufacturing Co ranks #117 out of 127 companies in the Forest Products industry, placing it in the top 92.1%.
Is Simpson Manufacturing Co's Net Current Asset Value too high?
Simpson Manufacturing Co's current Net Current Asset Value of $9.18 is 12% above median its 10-year median of 8.18. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 1,117.89. The Forest Products industry median Net Current Asset Value is 3.20. Simpson Manufacturing Co's value of $9.18 is 186.9% above this industry median. Based on the distribution chart, Simpson Manufacturing Co ranks #117 out of 127 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Simpson Manufacturing Co has a GF Score™ of 96/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simpson Manufacturing Co's Net Current Asset Value compare to UFPI and BCC?
According to the Forest Products industry distribution chart, Simpson Manufacturing Co ranks #117 out of 127 companies for Net Current Asset Value. This places Simpson Manufacturing Co in the lower half of its industry. The industry median Net Current Asset Value is 3.20. Simpson Manufacturing Co's value of $9.18 is 186.9% above this benchmark. Historically, Simpson Manufacturing Co's own Net Current Asset Value has ranged from 3.84 to 1,117.89 over the past decade. While the company's 10-year median is 8.18 vs. the industry median of 3.20, Simpson Manufacturing Co 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 Forest Products company?
The median Net Current Asset Value among Forest Products companies is 3.20, based on 127 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. Simpson Manufacturing Co's current Net Current Asset Value of $9.18 is 186.9% 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 Simpson Manufacturing Co and its competitors. For the Forest Products industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simpson Manufacturing Co's current Net Current Asset Value is $9.18, which is 12% above median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simpson Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Simpson Manufacturing Co (SSD) is currently considered Modestly Overvalued. The stock's GF Value™ is $184.96, compared to a current price of $209.85 — trading 13.5% above its estimated fair value. The current Net Current Asset Value is $9.18, which is 12% above median its 10-year median of 8.18 and 186.9% above the Forest Products industry median of 3.20. Simpson Manufacturing Co's overall GF Score™ is 96/100 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 Simpson Manufacturing Co (SSD), the current Net Current Asset Value is $9.18 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 Simpson Manufacturing Co (SSD) Overvalued in 2026?
Based on GuruFocus' analysis, Simpson Manufacturing Co stock appears to be overvalued.
The current stock price of $209.85 is trading 13.5% above its estimated GF Value™ of $184.96.
GuruFocus considers Simpson Manufacturing Co to be Modestly Overvalued.
Key valuation signals for SSD:
Net Current Asset Value: $9.18 (12% above median its 10-year median of 8.18)
GF Value™: $184.96 vs. price of $209.85 (13.5% above fair value)
Industry Position: 186.9% above the Forest Products median (#117 of 127)
No single metric tells the full story. See the SSD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simpson Manufacturing Co Inc designs, manufactures, and markets systems and products to make buildings and structures safe and secure. It produces wood construction products, including connectors, truss plates, fastening systems, fasteners, and shearwalls, as well as concrete construction products such as adhesives, specialty chemicals, mechanical anchors, powder actuated tools, and fiber reinforcing materials. The company serves residential, industrial, commercial, and infrastructure construction, remodeling, and do-it-yourself markets, operating exclusively in the building products industry. It has three regional segments: North America, Europe, and Asia/Pacific. The majority of its revenue comes from wood products.
96GF Score
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