ReposiTrakTRAK -0.22%82 Net Current Asset Value is $1.44 as of Mar. 2026, which is 82% below its 10-year median of 7.91. GuruFocus rates TRAK with a GF Score™ of 82/100 and a GF Value™ of $17.60 (Significantly Undervalued). Among 1,755 Software companies, ReposiTrak ranks worse than 59.03% 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).
ReposiTrak's net current asset value per share for the quarter that ended in Mar. 2026 was $1.44.
The historical rank and industry rank for ReposiTrak's Net Current Asset Value or its related term are showing as below:
TRAK'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.04 Med: 7.91 Max: 27.61
Current: 6.19
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ReposiTrak was 27.61. The lowest was 4.04. And the median was 7.91.
TRAK's Price-to-Net-Current-Asset-Value is ranked worse than 59.03% of 1755
companies
in the Software industry
Industry Median: 4.83
vs TRAK: 6.19
ReposiTrak (NYSE:TRAK) 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.
ReposiTrak Net Current Asset Value Related Terms
ReposiTrak Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ReposiTrak'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.
TRAK vs PERF, DMRC, DHX: Net Current Asset Value Comparison
For the Software - Application subindustry, ReposiTrak'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.
ReposiTrak Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, ReposiTrak's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ReposiTrak'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 $1.44 mean?
ReposiTrak (TRAK) has a Net Current Asset Value of $1.44 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 ReposiTrak and its competitors. This is 82% below median its historical median of 7.91. Over the past decade, ReposiTrak's Net Current Asset Value has ranged from 4.04 to 27.61. According to the industry distribution chart, ReposiTrak ranks #1036 out of 1755 companies in the Software industry, placing it in the top 59%.
Is ReposiTrak's Net Current Asset Value too high?
ReposiTrak's current Net Current Asset Value of $1.44 is 82% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 27.61. The Software industry median Net Current Asset Value is 4.83. ReposiTrak's value of $1.44 is 70.2% below this industry median. Based on the distribution chart, ReposiTrak ranks #1036 out of 1755 companies in the Software industry, which is below the industry midpoint. Overall, ReposiTrak has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ReposiTrak's Net Current Asset Value compare to PERF and DMRC?
According to the Software industry distribution chart, ReposiTrak ranks #1036 out of 1755 companies for Net Current Asset Value. This places ReposiTrak in the lower half of its industry. The industry median Net Current Asset Value is 4.83. ReposiTrak's value of $1.44 is 70.2% below this benchmark. Historically, ReposiTrak's own Net Current Asset Value has ranged from 4.04 to 27.61 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 4.83, ReposiTrak 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 Software company?
The median Net Current Asset Value among Software companies is 4.83, based on 1,755 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. ReposiTrak's current Net Current Asset Value of $1.44 is 70.2% 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 ReposiTrak and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ReposiTrak's current Net Current Asset Value is $1.44, which is 82% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReposiTrak stock overvalued right now?
Based on GuruFocus' analysis, ReposiTrak (TRAK) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.60, compared to a current price of $8.91 — trading 49.4% below its estimated fair value. The current Net Current Asset Value is $1.44, which is 82% below median its 10-year median of 7.91 and 70.2% below the Software industry median of 4.83. ReposiTrak's overall GF Score™ is 82/100. 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 ReposiTrak (TRAK), the current Net Current Asset Value is $1.44 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 ReposiTrak (TRAK) Overvalued in 2026?
Based on GuruFocus' analysis, ReposiTrak stock appears to be undervalued.
The current stock price of $8.91 is trading 49.4% below its estimated GF Value™ of $17.60.
GuruFocus considers ReposiTrak to be Significantly Undervalued.
Key valuation signals for TRAK:
Net Current Asset Value: $1.44 (82% below median its 10-year median of 7.91)
GF Value™: $17.60 vs. price of $8.91 (49.4% below fair value)
Industry Position: 70.2% below the Software median (#1036 of 1755)
No single metric tells the full story. See the TRAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ReposiTrak Inc is a software-as-a-service (SaaS) company based in Murray, Utah, specializing in supply chain management solutions for retailers, suppliers, and wholesalers, prominently in the food industry. The company offers three main product suites: ReposiTrak Compliance Management, ReposiTrak Traceability Network, and ReposiTrak Supply Chain Solutions. These platforms help customers comply with food safety regulations, manage supplier compliance documentation, trace products through the supply chain, and optimize supply chain operations. The company derives revenue from five sources: (i) subscription fees, (ii) transaction-based fees, (iii) professional services fees, (iv) license fees, and (v) hosting and maintenance fees.
82GF Score
Get the complete analysis for TRAK
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TRAK has been successfully added to your 
