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Velo3DVELO -7.95%58 Net Current Asset Value is $3.19 as of Jun. 2026. GuruFocus rates VELO with a GF Score™ of 58/100 and a GF Value™ of $1.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,824 Hardware companies, Velo3D ranks better than 59.76% 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).
Velo3D's net current asset value per share for the quarter that ended in Jun. 2026 was $3.19.
The historical rank and industry rank for Velo3D's Net Current Asset Value or its related term are showing as below:
VELO'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.62 Med: 6.91 Max: 140.49
Current: 3.72
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Velo3D was 140.49. The lowest was 1.62. And the median was 6.91.
VELO's Price-to-Net-Current-Asset-Value is ranked better than 59.76% of 1824
companies
in the Hardware industry
Industry Median: 5.32
vs VELO: 3.72
Velo3D (NAS:VELO) 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.
Velo3D Net Current Asset Value Related Terms
Velo3D Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Velo3D'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.
VELO vs OSS, NNDM, BGIN: Net Current Asset Value Comparison
For the Computer Hardware subindustry, Velo3D'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.
Velo3D Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Velo3D's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Velo3D'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 $3.19 mean?
Velo3D (VELO) has a Net Current Asset Value of $3.19 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Velo3D and its competitors. According to the industry distribution chart, Velo3D ranks #734 out of 1824 companies in the Hardware industry, placing it in the top 40.2%.
Is Velo3D's Net Current Asset Value too high?
Velo3D's current Net Current Asset Value is $3.19. The Hardware industry median Net Current Asset Value is 5.32. Velo3D's value of $3.19 is 40% below this industry median. Based on the distribution chart, Velo3D ranks #734 out of 1824 companies in the Hardware industry, which is above the industry midpoint. Overall, Velo3D has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velo3D's Net Current Asset Value compare to OSS and NNDM?
According to the Hardware industry distribution chart, Velo3D ranks #734 out of 1824 companies for Net Current Asset Value. This puts Velo3D in the upper half of its industry. The industry median Net Current Asset Value is 5.32. Velo3D's value of $3.19 is 40% below this benchmark. 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.32, based on 1,824 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. Velo3D's current Net Current Asset Value of $3.19 is 40% 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 Velo3D and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velo3D's current Net Current Asset Value is $3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velo3D stock overvalued right now?
Based on GuruFocus' analysis, Velo3D (VELO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.37, compared to a current price of $11.87 — trading 766.1% above its estimated fair value. The current Net Current Asset Value is $3.19 and 40% below the Hardware industry median of 5.32. Velo3D's overall GF Score™ is 58/100 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 Velo3D (VELO), the current Net Current Asset Value is $3.19 as of Jun. 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 Velo3D (VELO) Overvalued in 2026?
Based on GuruFocus' analysis, Velo3D stock appears to be overvalued.
The current stock price of $11.87 is trading 766.1% above its estimated GF Value™ of $1.37.
GuruFocus considers Velo3D to be Significantly Overvalued.
Key valuation signals for VELO:
Net Current Asset Value: $3.19
GF Value™: $1.37 vs. price of $11.87 (766.1% above fair value)
Industry Position: 40% below the Hardware median (#734 of 1824)
No single metric tells the full story. See the VELO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Velo3D Inc provides additive manufacturing (AM), also referred to as three-dimensional printing (3D printing), to deliver breakthroughs in performance, cost, and time in the production of high-value metal parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts needed, speed their development, and reduce their product costs.
58GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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