Valens SemiconductorVLN -7.17%72 Net Current Asset Value is $0.80 as of Mar. 2026, which is 60% below its 10-year median of 2.01. GuruFocus rates VLN with a GF Score™ of 72/100 and a GF Value™ of $2.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 720 Semiconductors companies, Valens Semiconductor ranks better than 84.58% 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).
Valens Semiconductor's net current asset value per share for the quarter that ended in Mar. 2026 was $0.80.
The historical rank and industry rank for Valens Semiconductor's Net Current Asset Value or its related term are showing as below:
VLN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.41 Med: 2.01 Max: 4.23
Current: 2.59
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Valens Semiconductor was 4.23. The lowest was 1.41. And the median was 2.01.
VLN's Price-to-Net-Current-Asset-Value is ranked better than 84.58% of 720
companies
in the Semiconductors industry
Industry Median: 9.62
vs VLN: 2.59
Valens Semiconductor (NYSE:VLN) 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.
Valens Semiconductor Net Current Asset Value Related Terms
Valens Semiconductor Net Current Asset Value Historical Data
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The historical data trend for Valens Semiconductor'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.
Valens Semiconductor Net Current Asset Value Chart
VLN vs GCTS, MX, GSIT: Net Current Asset Value Comparison
For the Semiconductors subindustry, Valens Semiconductor'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.
Valens Semiconductor Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Valens Semiconductor's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Valens Semiconductor'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 $0.80 mean?
Valens Semiconductor (VLN) has a Net Current Asset Value of $0.80 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 Valens Semiconductor and its competitors. This is 60% below median its historical median of 2.01. Over the past decade, Valens Semiconductor's Net Current Asset Value has ranged from 1.41 to 4.23. According to the industry distribution chart, Valens Semiconductor ranks #111 out of 720 companies in the Semiconductors industry, placing it in the top 15.4%.
Is Valens Semiconductor's Net Current Asset Value too high?
Valens Semiconductor's current Net Current Asset Value of $0.80 is 60% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 4.23. The Semiconductors industry median Net Current Asset Value is 9.62. Valens Semiconductor's value of $0.80 is 91.7% below this industry median. Based on the distribution chart, Valens Semiconductor ranks #111 out of 720 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Valens Semiconductor has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Valens Semiconductor's Net Current Asset Value compare to GCTS and MX?
According to the Semiconductors industry distribution chart, Valens Semiconductor ranks #111 out of 720 companies for Net Current Asset Value. This places Valens Semiconductor in the top 15% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 9.62. Valens Semiconductor's value of $0.80 is 91.7% below this benchmark. Historically, Valens Semiconductor's own Net Current Asset Value has ranged from 1.41 to 4.23 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 9.62, Valens Semiconductor 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 9.62, based on 720 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. Valens Semiconductor's current Net Current Asset Value of $0.80 is 91.7% 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 Valens Semiconductor and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valens Semiconductor's current Net Current Asset Value is $0.80, which is 60% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valens Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Valens Semiconductor (VLN) is currently considered Fairly Valued. The stock's GF Value™ is $2.08, compared to a current price of $2.07 — trading 0.5% below its estimated fair value. The current Net Current Asset Value is $0.80, which is 60% below median its 10-year median of 2.01 and 91.7% below the Semiconductors industry median of 9.62. Valens Semiconductor's overall GF Score™ is 72/100 with 6 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 Valens Semiconductor (VLN), the current Net Current Asset Value is $0.80 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 Valens Semiconductor (VLN) Overvalued in 2026?
Based on GuruFocus' analysis, Valens Semiconductor stock appears to be undervalued.
The current stock price of $2.07 is trading 0.5% below its estimated GF Value™ of $2.08.
GuruFocus considers Valens Semiconductor to be Fairly Valued.
Key valuation signals for VLN:
Net Current Asset Value: $0.80 (60% below median its 10-year median of 2.01)
GF Value™: $2.08 vs. price of $2.07 (0.5% below fair value)
Industry Position: 91.7% below the Semiconductors median (#111 of 720)
No single metric tells the full story. See the VLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valens Semiconductor Ltd is a provider of semiconductor products, pushing the boundaries of connectivity by enabling long-reach, high-speed video, and data transmission for the audio-video and automotive industries. It operates in two segments: Cross Industry Business, which includes solutions for the non-automotive verticals, including audio-video, industrial, machine vision and medical markets, that deliver superior, plug-and-play convergence and distribution of different interfaces, through a single long-distance category cable; and Automotive segment products enable safe and resilient high-speed in-vehicle connectivity for car architectures, realizing the vision of connected and autonomous cars. The company's geographical revenue is derived from Hungary.
72GF Score
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