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TredegarTG +0.59%65 Net Current Asset Value is $0.67 as of Mar. 2026, which is 95% below its 10-year median of 14.69. GuruFocus rates TG with a GF Score™ of 65/100 and a GF Value™ of $8.29 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,216 Industrial Products companies, Tredegar ranks worse than 74.86% 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).
Tredegar's net current asset value per share for the quarter that ended in Mar. 2026 was $0.67.
The historical rank and industry rank for Tredegar's Net Current Asset Value or its related term are showing as below:
TG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.37 Med: 14.69 Max: 17.51
Current: 11.51
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tredegar was 17.51. The lowest was 11.37. And the median was 14.69.
TG's Price-to-Net-Current-Asset-Value is ranked worse than 74.86% of 2216
companies
in the Industrial Products industry
Industry Median: 5.18
vs TG: 11.51
Tredegar (NYSE:TG) 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.
Tredegar Net Current Asset Value Related Terms
Tredegar Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Tredegar'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.
TG vs LQMT, AP, TPCS: Net Current Asset Value Comparison
For the Metal Fabrication subindustry, Tredegar'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.
Tredegar Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tredegar's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tredegar'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 $0.67 mean?
Tredegar (TG) has a Net Current Asset Value of $0.67 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 Tredegar and its competitors. This is 95% below median its historical median of 14.69. Over the past decade, Tredegar's Net Current Asset Value has ranged from 11.37 to 17.51. According to the industry distribution chart, Tredegar ranks #1659 out of 2216 companies in the Industrial Products industry, placing it in the top 74.9%.
Is Tredegar's Net Current Asset Value too high?
Tredegar's current Net Current Asset Value of $0.67 is 95% below median its 10-year median of 14.69. Over the past 10 years, this metric has ranged from a low of 11.37 to a high of 17.51. The Industrial Products industry median Net Current Asset Value is 5.18. Tredegar's value of $0.67 is 87.1% below this industry median. Based on the distribution chart, Tredegar ranks #1659 out of 2216 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tredegar has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tredegar's Net Current Asset Value compare to LQMT and AP?
According to the Industrial Products industry distribution chart, Tredegar ranks #1659 out of 2216 companies for Net Current Asset Value. This places Tredegar in the lower half of its industry. The industry median Net Current Asset Value is 5.18. Tredegar's value of $0.67 is 87.1% below this benchmark. Historically, Tredegar's own Net Current Asset Value has ranged from 11.37 to 17.51 over the past decade. While the company's 10-year median is 14.69 vs. the industry median of 5.18, Tredegar 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.18, based on 2,216 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. Tredegar's current Net Current Asset Value of $0.67 is 87.1% 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 Tredegar and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tredegar's current Net Current Asset Value is $0.67, which is 95% below median its own 10-year median of 14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tredegar stock overvalued right now?
Based on GuruFocus' analysis, Tredegar (TG) is currently considered Fairly Valued. The stock's GF Value™ is $8.29, compared to a current price of $7.72 — trading 6.9% below its estimated fair value. The current Net Current Asset Value is $0.67, which is 95% below median its 10-year median of 14.69 and 87.1% below the Industrial Products industry median of 5.18. Tredegar's overall GF Score™ is 65/100 with 2 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 Tredegar (TG), the current Net Current Asset Value is $0.67 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 Tredegar (TG) Overvalued in 2026?
Based on GuruFocus' analysis, Tredegar stock appears to be undervalued.
The current stock price of $7.72 is trading 6.9% below its estimated GF Value™ of $8.29.
GuruFocus considers Tredegar to be Fairly Valued.
Key valuation signals for TG:
Net Current Asset Value: $0.67 (95% below median its 10-year median of 14.69)
GF Value™: $8.29 vs. price of $7.72 (6.9% below fair value)
Industry Position: 87.1% below the Industrial Products median (#1659 of 2216)
No single metric tells the full story. See the TG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tredegar Corp is engaged in the manufacture of aluminum extrusions and polyethylene and polypropylene plastic films. It produces surface protection films, packaging films and films for other markets. The company continues to have two reportable segments: Aluminum Extrusions and High Performance Films. The majority of the revenue is derived form the Aluminum Extrusions segment which produces high-quality, soft and medium strength alloyed aluminum extrusions, custom fabricated and finished, for the building and construction, automotive and transportation, consumer durables goods, machinery and equipment, electrical and renewable energy, and distribution markets.
65GF Score
Get the complete analysis for TG
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