Brisbane Broncos (ASX:BBL) Net Current Asset Value: A$0.21 (As of Dec. 2025) — 98% Below Median


ASX:BBL Brisbane Broncos Ltd ASX:BBL
71 GF Score
Price A$1.28
GF Value A$1.52
Valuation Modestly Undervalued
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What is Brisbane Broncos Net Current Asset Value?

Brisbane Broncos ASX:BBL +5.35% 71 Net Current Asset Value is A$0.21 as of Dec. 2025, which is 100% below its 10-year median of 9.27. GuruFocus rates ASX:BBL with a GF Score™ of 71/100 and a GF Value™ of A$1.52 (Modestly Undervalued). Among 540 Media - Diversified companies, Brisbane Broncos ranks worse than 73.52% 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).

Brisbane Broncos's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.21.

The historical rank and industry rank for Brisbane Broncos's Net Current Asset Value or its related term are showing as below:

ASX:BBL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.08   Med: 9.27   Max: 21.75
Current: 6.1

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Brisbane Broncos was 21.75. The lowest was 3.08. And the median was 9.27.

ASX:BBL's Price-to-Net-Current-Asset-Value is ranked worse than
73.52% of 540 companies
in the Media - Diversified industry
Industry Median: 2.935 vs ASX:BBL: 6.10

Brisbane Broncos  (ASX:BBL) 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 Graham’s 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.


Brisbane Broncos Net Current Asset Value Related Terms


Brisbane Broncos Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Brisbane Broncos'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.

Brisbane Broncos Net Current Asset Value Chart

Brisbane Broncos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.09 0.13 0.17 0.21

Brisbane Broncos Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.16 0.17 0.20 0.21

ASX:BBL vs NFLX, DIS, WBD: Net Current Asset Value Comparison

For the Entertainment subindustry, Brisbane Broncos'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.


Brisbane Broncos Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brisbane Broncos's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Brisbane Broncos's Price-to-Net-Current-Asset-Value falls into.


ASX:BBL
71GF Score
Brisbane Broncos Ltd ASX:BBL
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Brisbane Broncos Net Current Asset Value Calculation

Brisbane Broncos's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(42.859-21.957-0-0)/98.041
=0.21

Brisbane Broncos's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(42.859-21.957-0-0)/98.041
=0.21

* 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 A$0.21 mean?
Brisbane Broncos (ASX:BBL) has a Net Current Asset Value of A$0.21 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 Brisbane Broncos and its competitors. This is 98% below median its historical median of 9.27. Over the past decade, Brisbane Broncos' Net Current Asset Value has ranged from 3.08 to 21.75. According to the industry distribution chart, Brisbane Broncos ranks #397 out of 540 companies in the Media - Diversified industry, placing it in the top 73.5%.
Is Brisbane Broncos' Net Current Asset Value too high?
Brisbane Broncos' current Net Current Asset Value of A$0.21 is 98% below median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 21.75. Based on the distribution chart, Brisbane Broncos ranks #397 out of 540 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Brisbane Broncos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brisbane Broncos' Net Current Asset Value compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Brisbane Broncos ranks #397 out of 540 companies for Net Current Asset Value. This places Brisbane Broncos in the lower half of its industry. The industry median Net Current Asset Value is 2.94. Historically, Brisbane Broncos' own Net Current Asset Value has ranged from 3.08 to 21.75 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.94, based on 540 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 Brisbane Broncos and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brisbane Broncos's current Net Current Asset Value is A$0.21, which is 98% below median its own 10-year median of 9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brisbane Broncos stock overvalued right now?
Based on GuruFocus' analysis, Brisbane Broncos (ASX:BBL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.52, compared to a current price of A$1.28 — trading 15.8% below its estimated fair value. The current Net Current Asset Value is A$0.21, which is 98% below median its 10-year median of 9.27. Brisbane Broncos' overall GF Score™ is 71/100. 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 Brisbane Broncos (ASX:BBL), the current Net Current Asset Value is A$0.21 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 Brisbane Broncos (ASX:BBL) Overvalued in 2026?

Based on GuruFocus' analysis, Brisbane Broncos stock appears to be undervalued. The current stock price of A$1.28 is trading 15.8% below its estimated GF Value™ of A$1.52. GuruFocus considers Brisbane Broncos to be Modestly Undervalued.

Key valuation signals for ASX:BBL:

  • Net Current Asset Value: A$0.21 (98% below median its 10-year median of 9.27)
  • GF Value™: A$1.52 vs. price of A$1.28 (15.8% below fair value)
  • GF Score™: 71/100

No single metric tells the full story. See the ASX:BBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brisbane Broncos Business Description

Address 81 Fulcher Road, Clive Berghofer Centre, Red Hill, Brisbane, QLD, AUS, 4059
Brisbane Broncos Ltd is engaged in the management and operation of the Brisbane Broncos Rugby League Football teams. The Group generates revenue from membership, ticketing, corporate sales, game day and program courses, sponsorship, community programs, sale of goods, game development and pathways revenue, royalties and commissions, rental income, and other revenue. Geographically, the Group operates in Australia only.
71GF 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.

A$1.28
Price
A$1.52
GF Value