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Pangaea OncologyXMAD:PANG 61 Net Current Asset Value is €0.06 as of Dec. 2025, which is 100% below its 10-year median of 25.48. GuruFocus rates XMAD:PANG with a GF Score™ of 61/100 and a GF Value™ of €2.17 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 99 Medical Diagnostics & Research companies, Pangaea Oncology ranks worse than 85.86% 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).
Pangaea Oncology's net current asset value per share for the quarter that ended in Dec. 2025 was €0.06.
The historical rank and industry rank for Pangaea Oncology's Net Current Asset Value or its related term are showing as below:
XMAD:PANG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.65 Med: 25.48 Max: 51.57
Current: 25
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pangaea Oncology was 51.57. The lowest was 5.65. And the median was 25.48.
XMAD:PANG's Price-to-Net-Current-Asset-Value is ranked worse than 85.86% of 99
companies
in the Medical Diagnostics & Research industry
Industry Median: 3.98
vs XMAD:PANG: 25.00
Pangaea Oncology (XMAD:PANG) 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.
Pangaea Oncology Net Current Asset Value Related Terms
Pangaea Oncology Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Pangaea Oncology'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.
XMAD:PANG vs TMO, DHR, IDXX: Net Current Asset Value Comparison
For the Diagnostics & Research subindustry, Pangaea Oncology'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.
Pangaea Oncology Price-to-Net-Current-Asset-Value vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Pangaea Oncology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Pangaea Oncology'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 €0.06 mean?
Pangaea Oncology (XMAD:PANG) has a Net Current Asset Value of €0.06 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Pangaea Oncology and its competitors. This is 100% below median its historical median of 25.48. Over the past decade, Pangaea Oncology's Net Current Asset Value has ranged from 5.65 to 51.57. According to the industry distribution chart, Pangaea Oncology ranks #85 out of 99 companies in the Medical Diagnostics & Research industry, placing it in the top 85.9%.
Is Pangaea Oncology's Net Current Asset Value too high?
Pangaea Oncology's current Net Current Asset Value of €0.06 is 100% below median its 10-year median of 25.48. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 51.57. Based on the distribution chart, Pangaea Oncology ranks #85 out of 99 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Pangaea Oncology has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pangaea Oncology's Net Current Asset Value compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Pangaea Oncology ranks #85 out of 99 companies for Net Current Asset Value. This places Pangaea Oncology in the lower half of its industry. The industry median Net Current Asset Value is 3.98. Historically, Pangaea Oncology's own Net Current Asset Value has ranged from 5.65 to 51.57 over the past decade. 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 Medical Diagnostics & Research company?
The median Net Current Asset Value among Medical Diagnostics & Research companies is 3.98, based on 99 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. 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 Pangaea Oncology and its competitors. For the Medical Diagnostics & Research industry, the median Net Current Asset Value is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pangaea Oncology's current Net Current Asset Value is €0.06, which is 100% below median its own 10-year median of 25.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Oncology stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Oncology (XMAD:PANG) is currently considered Possible Value Trap. The stock's GF Value™ is €2.17, compared to a current price of €1.50 — trading 30.9% below its estimated fair value. The current Net Current Asset Value is €0.06, which is 100% below median its 10-year median of 25.48. Pangaea Oncology's overall GF Score™ is 61/100 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 Pangaea Oncology (XMAD:PANG), the current Net Current Asset Value is €0.06 as of Dec. 2025. 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 Pangaea Oncology (XMAD:PANG) Overvalued in 2026?
Based on GuruFocus' analysis, Pangaea Oncology stock appears to be undervalued.
The current stock price of €1.50 is trading 30.9% below its estimated GF Value™ of €2.17.
GuruFocus considers Pangaea Oncology to be Possible Value Trap.
Key valuation signals for XMAD:PANG:
Net Current Asset Value: €0.06 (100% below median its 10-year median of 25.48)
GF Value™: €2.17 vs. price of €1.50 (30.9% below fair value)
No single metric tells the full story. See the XMAD:PANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pangaea Oncology SA is a medical services company. The company provides a wide range of services to cancer patients, as well as global pharmaceutical and biotech clients, in the fields of molecular diagnostics, clinical trials, in vitro drug profiling, dx platform validation, and biomarker discovery. The company has aggregated its operations into two segments, Clinical Care division and Diagnostic and Research and Development services division. Clinical Care division delivers medical oncology services and related activities. Diagnostic and Research and Development services division provides diagnostic and in-vitro services.
61GF Score
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