The Father of Value Investing introduced a metric in Security Analysis called the Net Current Asset Value. Investors who have been using this metric have beaten the market over the long term. For example, a 1986 study found that a Ben Graham-style NCAV investing strategy outperformed the S&P 500 $SPX500 from 1971 to 1983. The NCAV strategy produced a return of 33.7% compared to 12.1% for the market.
This is a metric that I used when I invested in GameStop $GME in 2019 and made over 3300% profits.
What exactly is the net current asset value and how to use it?
Full analysis of GameStop: