Modon Holding PSCADX:MODON +0.67%82 Net Current Asset Value is د.إ1.71 as of Dec. 2025, which is 100% below its 10-year median of 3.73. GuruFocus rates ADX:MODON with a GF Score™ of 82/100 and a GF Value™ of د.إ15.83 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 757 Real Estate companies, Modon Holding PSC ranks better than 57.46% 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).
Modon Holding PSC's net current asset value per share for the quarter that ended in Dec. 2025 was د.إ1.71.
The historical rank and industry rank for Modon Holding PSC's Net Current Asset Value or its related term are showing as below:
ADX:MODON'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.73 Med: 3.73 Max: 6.25
Current: 1.75
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Modon Holding PSC was 6.25. The lowest was 1.73. And the median was 3.73.
ADX:MODON's Price-to-Net-Current-Asset-Value is ranked better than 57.46% of 757
companies
in the Real Estate industry
Industry Median: 2.19
vs ADX:MODON: 1.75
Modon Holding PSC (ADX:MODON) 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.
Modon Holding PSC Net Current Asset Value Related Terms
Modon Holding PSC Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Modon Holding PSC'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.
ADX:MODON vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Modon Holding PSC'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.
Modon Holding PSC Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Modon Holding PSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Modon Holding PSC'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 د.إ1.71 mean?
Modon Holding PSC (ADX:MODON) has a Net Current Asset Value of د.إ1.71 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 Modon Holding PSC and its competitors. This is 97% below median its historical median of 3.73. Over the past decade, Modon Holding PSC's Net Current Asset Value has ranged from 1.73 to 6.25. According to the industry distribution chart, Modon Holding PSC ranks #322 out of 757 companies in the Real Estate industry, placing it in the top 42.5%.
Is Modon Holding PSC's Net Current Asset Value too high?
Modon Holding PSC's current Net Current Asset Value of د.إ1.71 is 97% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 6.25. Based on the distribution chart, Modon Holding PSC ranks #322 out of 757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Modon Holding PSC has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modon Holding PSC's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Modon Holding PSC ranks #322 out of 757 companies for Net Current Asset Value. This puts Modon Holding PSC in the upper half of its industry. The industry median Net Current Asset Value is 2.19. Historically, Modon Holding PSC's own Net Current Asset Value has ranged from 1.73 to 6.25 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.19, based on 757 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 Modon Holding PSC and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modon Holding PSC's current Net Current Asset Value is د.إ1.71, which is 97% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modon Holding PSC stock overvalued right now?
Based on GuruFocus' analysis, Modon Holding PSC (ADX:MODON) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ15.83, compared to a current price of د.إ3.00 — trading 81% below its estimated fair value. The current Net Current Asset Value is د.إ1.71, which is 97% below median its 10-year median of 3.73. Modon Holding PSC's overall GF Score™ is 82/100 with 5 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 Modon Holding PSC (ADX:MODON), the current Net Current Asset Value is د.إ1.71 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 Modon Holding PSC (ADX:MODON) Overvalued in 2026?
Based on GuruFocus' analysis, Modon Holding PSC stock appears to be undervalued.
The current stock price of د.إ3.00 is trading 81% below its estimated GF Value™ of د.إ15.83.
GuruFocus considers Modon Holding PSC to be Significantly Undervalued.
Key valuation signals for ADX:MODON:
Net Current Asset Value: د.إ1.71 (97% below median its 10-year median of 3.73)
GF Value™: د.إ15.83 vs. price of د.إ3.00 (81% below fair value)
No single metric tells the full story. See the ADX:MODON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modon Holding PSC, and its subsidiaries, operate across multiple business activities, including the development, management, sales, leasing and other associated services for real estate. The company is also engaged in the development, management and operations of hotels and exhibition venues, with a portfolio of assets under management across retail, residential, commercial, and sports & leisure. The company's reportable segments are: i) Real Estate Development, ii) Asset and Investment Management, iii) Hospitality, and iv) Events, Catering and Tourism. The majority of revenue is derived from the Real Estate Development segment, which involves master planning, development, sales, and management of real estate projects in the UAE and international markets.
82GF 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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