cbdMDYCBD +0.75%38 Net Current Asset Value is $0.52 as of Mar. 2026, which is 85% below its 10-year median of 3.39. GuruFocus rates YCBD with a GF Score™ of 38/100 and a GF Value™ of $0.16 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 609 Drug Manufacturers companies, cbdMD ranks better than 90.48% 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).
cbdMD's net current asset value per share for the quarter that ended in Mar. 2026 was $0.52.
The historical rank and industry rank for cbdMD's Net Current Asset Value or its related term are showing as below:
YCBD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.32 Med: 3.39 Max: 44.13
Current: 1.32
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of cbdMD was 44.13. The lowest was 1.32. And the median was 3.39.
YCBD's Price-to-Net-Current-Asset-Value is ranked better than 90.48% of 609
companies
in the Drug Manufacturers industry
Industry Median: 5.72
vs YCBD: 1.32
cbdMD (AMEX:YCBD) 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.
cbdMD Net Current Asset Value Related Terms
cbdMD Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for cbdMD'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.
YCBD vs AKAN, GELS, SNOA: Net Current Asset Value Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, cbdMD'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.
cbdMD Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, cbdMD's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where cbdMD'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 $0.52 mean?
cbdMD (YCBD) has a Net Current Asset Value of $0.52 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 cbdMD and its competitors. This is 85% below median its historical median of 3.39. Over the past decade, cbdMD's Net Current Asset Value has ranged from 1.32 to 44.13. According to the industry distribution chart, cbdMD ranks #58 out of 609 companies in the Drug Manufacturers industry, placing it in the top 9.5%.
Is cbdMD's Net Current Asset Value too high?
cbdMD's current Net Current Asset Value of $0.52 is 85% below median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 44.13. The Drug Manufacturers industry median Net Current Asset Value is 5.72. cbdMD's value of $0.52 is 90.9% below this industry median. Based on the distribution chart, cbdMD ranks #58 out of 609 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, cbdMD has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does cbdMD's Net Current Asset Value compare to AKAN and GELS?
According to the Drug Manufacturers industry distribution chart, cbdMD ranks #58 out of 609 companies for Net Current Asset Value. This places cbdMD in the top 10% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.72. cbdMD's value of $0.52 is 90.9% below this benchmark. Historically, cbdMD's own Net Current Asset Value has ranged from 1.32 to 44.13 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 5.72, cbdMD 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 Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.72, based on 609 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. cbdMD's current Net Current Asset Value of $0.52 is 90.9% 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 cbdMD and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. cbdMD's current Net Current Asset Value is $0.52, which is 85% below median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is cbdMD stock overvalued right now?
Based on GuruFocus' analysis, cbdMD (YCBD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.16, compared to a current price of $0.69 — trading 328.1% above its estimated fair value. The current Net Current Asset Value is $0.52, which is 85% below median its 10-year median of 3.39 and 90.9% below the Drug Manufacturers industry median of 5.72. cbdMD's overall GF Score™ is 38/100 with 2 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 cbdMD (YCBD), the current Net Current Asset Value is $0.52 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 cbdMD (YCBD) Overvalued in 2026?
Based on GuruFocus' analysis, cbdMD stock appears to be overvalued.
The current stock price of $0.69 is trading 328.1% above its estimated GF Value™ of $0.16.
GuruFocus considers cbdMD to be Significantly Overvalued.
Key valuation signals for YCBD:
Net Current Asset Value: $0.52 (85% below median its 10-year median of 3.39)
GF Value™: $0.16 vs. price of $0.69 (328.1% above fair value)
Industry Position: 90.9% below the Drug Manufacturers median (#58 of 609)
No single metric tells the full story. See the YCBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
cbdMD Inc is a United States based company. It owns and operates the consumer hemp-based cannabidiol (CBD) brand, cbdMD, Paw CBD as well as ATRx Labs brand of functional mushrooms. The company's product categories include CBD tinctures, CBD gummies, CBD topicals, CBD capsules, CBD oils, and CBD pet products. The firm distributes its products through an e-commerce website, wholesalers, and a variety of brick-and-mortar retailers.
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