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YETI HoldingsYETI -1.92%95 Net Current Asset Value is $1.10 as of Mar. 2026, which is 94% below its 10-year median of 18.41. GuruFocus rates YETI with a GF Score™ of 95/100 and a GF Value™ of $48.52 (Fairly Valued). The stock has 6 warning signs investors should review. Among 309 Travel & Leisure companies, YETI Holdings ranks worse than 94.82% 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).
YETI Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was $1.10.
The historical rank and industry rank for YETI Holdings's Net Current Asset Value or its related term are showing as below:
YETI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.9 Med: 18.41 Max: 213.97
Current: 43.09
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of YETI Holdings was 213.97. The lowest was 7.90. And the median was 18.41.
YETI's Price-to-Net-Current-Asset-Value is ranked worse than 94.82% of 309
companies
in the Travel & Leisure industry
Industry Median: 4.05
vs YETI: 43.09
YETI Holdings (NYSE:YETI) 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.
YETI Holdings Net Current Asset Value Related Terms
YETI Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for YETI Holdings'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.
YETI vs MAT, PLNT, CALY: Net Current Asset Value Comparison
For the Leisure subindustry, YETI Holdings'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.
YETI Holdings Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, YETI Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where YETI Holdings'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 $1.10 mean?
YETI Holdings (YETI) has a Net Current Asset Value of $1.10 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 YETI Holdings and its competitors. This is 94% below median its historical median of 18.41. Over the past decade, YETI Holdings' Net Current Asset Value has ranged from 7.90 to 213.97. According to the industry distribution chart, YETI Holdings ranks #293 out of 309 companies in the Travel & Leisure industry, placing it in the top 94.8%.
Is YETI Holdings' Net Current Asset Value too high?
YETI Holdings' current Net Current Asset Value of $1.10 is 94% below median its 10-year median of 18.41. Over the past 10 years, this metric has ranged from a low of 7.90 to a high of 213.97. The Travel & Leisure industry median Net Current Asset Value is 4.05. YETI Holdings' value of $1.10 is 72.8% below this industry median. Based on the distribution chart, YETI Holdings ranks #293 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, YETI Holdings has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does YETI Holdings' Net Current Asset Value compare to MAT and PLNT?
According to the Travel & Leisure industry distribution chart, YETI Holdings ranks #293 out of 309 companies for Net Current Asset Value. This places YETI Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.05. YETI Holdings' value of $1.10 is 72.8% below this benchmark. Historically, YETI Holdings' own Net Current Asset Value has ranged from 7.90 to 213.97 over the past decade. While the company's 10-year median is 18.41 vs. the industry median of 4.05, YETI Holdings 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.05, based on 309 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. YETI Holdings's current Net Current Asset Value of $1.10 is 72.8% 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 YETI Holdings and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YETI Holdings's current Net Current Asset Value is $1.10, which is 94% below median its own 10-year median of 18.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YETI Holdings stock overvalued right now?
Based on GuruFocus' analysis, YETI Holdings (YETI) is currently considered Fairly Valued. The stock's GF Value™ is $48.52, compared to a current price of $47.40 — trading 2.3% below its estimated fair value. The current Net Current Asset Value is $1.10, which is 94% below median its 10-year median of 18.41 and 72.8% below the Travel & Leisure industry median of 4.05. YETI Holdings' overall GF Score™ is 95/100 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 YETI Holdings (YETI), the current Net Current Asset Value is $1.10 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 YETI Holdings (YETI) Overvalued in 2026?
Based on GuruFocus' analysis, YETI Holdings stock appears to be undervalued.
The current stock price of $47.40 is trading 2.3% below its estimated GF Value™ of $48.52.
GuruFocus considers YETI Holdings to be Fairly Valued.
Key valuation signals for YETI:
Net Current Asset Value: $1.10 (94% below median its 10-year median of 18.41)
GF Value™: $48.52 vs. price of $47.40 (2.3% below fair value)
Industry Position: 72.8% below the Travel & Leisure median (#293 of 309)
No single metric tells the full story. See the YETI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler among others. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.
95GF 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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