Aixtron SEXSWX:AIXA -2.40%83 Net Current Asset Value is CHF4.41 as of Mar. 2026, which is 100% below its 10-year median of 4.42. GuruFocus rates XSWX:AIXA with a GF Score™ of 83/100 and a GF Value™ of CHF15.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 720 Semiconductors companies, Aixtron SE ranks worse than 55.56% 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).
Aixtron SE's net current asset value per share for the quarter that ended in Mar. 2026 was CHF4.41.
The historical rank and industry rank for Aixtron SE's Net Current Asset Value or its related term are showing as below:
XSWX:AIXA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.62 Med: 4.42 Max: 10.77
Current: 10.76
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aixtron SE was 10.77. The lowest was 1.62. And the median was 4.42.
XSWX:AIXA's Price-to-Net-Current-Asset-Value is ranked worse than 55.56% of 720
companies
in the Semiconductors industry
Industry Median: 9.28
vs XSWX:AIXA: 10.76
Aixtron SE (XSWX:AIXA) 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.
Aixtron SE Net Current Asset Value Related Terms
Aixtron SE Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Aixtron SE'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.
XSWX:AIXA vs AMAT, LRCX, KLAC: Net Current Asset Value Comparison
For the Semiconductor Equipment & Materials subindustry, Aixtron SE'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.
Aixtron SE Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Aixtron SE's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Aixtron SE'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 CHF4.41 mean?
Aixtron SE (XSWX:AIXA) has a Net Current Asset Value of CHF4.41 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 Aixtron SE and its competitors. This is near median its historical median of 4.42. Over the past decade, Aixtron SE's Net Current Asset Value has ranged from 1.62 to 10.77. According to the industry distribution chart, Aixtron SE ranks #400 out of 720 companies in the Semiconductors industry, placing it in the top 55.6%.
Is Aixtron SE's Net Current Asset Value too high?
Aixtron SE's current Net Current Asset Value of CHF4.41 is near median its 10-year median of 4.42. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 10.77. Based on the distribution chart, Aixtron SE ranks #400 out of 720 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Aixtron SE has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aixtron SE's Net Current Asset Value compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Aixtron SE ranks #400 out of 720 companies for Net Current Asset Value. This places Aixtron SE in the lower half of its industry. The industry median Net Current Asset Value is 9.28. Historically, Aixtron SE's own Net Current Asset Value has ranged from 1.62 to 10.77 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 9.28, 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. 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 Aixtron SE and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 9.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aixtron SE's current Net Current Asset Value is CHF4.41, which is near median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aixtron SE stock overvalued right now?
Based on GuruFocus' analysis, Aixtron SE (XSWX:AIXA) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF15.26, compared to a current price of CHF49.29 — trading 223% above its estimated fair value. The current Net Current Asset Value is CHF4.41, which is near median its 10-year median of 4.42. Aixtron SE's overall GF Score™ is 83/100 with 3 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 Aixtron SE (XSWX:AIXA), the current Net Current Asset Value is CHF4.41 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 Aixtron SE (XSWX:AIXA) Overvalued in 2026?
Based on GuruFocus' analysis, Aixtron SE stock appears to be overvalued.
The current stock price of CHF49.29 is trading 223% above its estimated GF Value™ of CHF15.26.
GuruFocus considers Aixtron SE to be Significantly Overvalued.
Key valuation signals for XSWX:AIXA:
Net Current Asset Value: CHF4.41 (near median its 10-year median of 4.42)
GF Value™: CHF15.26 vs. price of CHF49.29 (223% above fair value)
No single metric tells the full story. See the XSWX:AIXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aixtron SE is a provider of deposition equipment to the semiconductor industry. The company's technology solutions are used by a diverse range of customers to build components for electronic and optoelectronic applications based on compound, silicon, or organic semiconductor materials. Its components are used in displays, signaling, lighting, fiber optic communication systems, wireless and mobile telephony applications, optical and electronic storage devices, computing, as well as in other applications. Business operation of the group can be seen in the market of Germany, the USA, Korea, China, Taiwan, Japan, and Malaysia.
83GF Score
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