Real ConsultingATH:REALCONS +1.09%68 Net Current Asset Value is €0.08 as of Dec. 2025, which is 100% below its 10-year median of 41.36. GuruFocus rates ATH:REALCONS with a GF Score™ of 68/100 and a GF Value™ of €5.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,754 Software companies, Real Consulting ranks worse than 97.32% 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).
Real Consulting's net current asset value per share for the quarter that ended in Dec. 2025 was €0.08.
The historical rank and industry rank for Real Consulting's Net Current Asset Value or its related term are showing as below:
ATH:REALCONS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 34 Med: 41.36 Max: 92.5
Current: 92.5
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Real Consulting was 92.50. The lowest was 34.00. And the median was 41.36.
ATH:REALCONS's Price-to-Net-Current-Asset-Value is ranked worse than 97.32% of 1754
companies
in the Software industry
Industry Median: 4.835
vs ATH:REALCONS: 92.50
Real Consulting (ATH:REALCONS) 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.
Real Consulting Net Current Asset Value Related Terms
Real Consulting Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Real Consulting'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.
ATH:REALCONS vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Real Consulting'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.
Real Consulting Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Real Consulting's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Real Consulting'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 €0.08 mean?
Real Consulting (ATH:REALCONS) has a Net Current Asset Value of €0.08 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 Real Consulting and its competitors. This is 100% below median its historical median of 41.36. Over the past decade, Real Consulting's Net Current Asset Value has ranged from 34.00 to 92.50. According to the industry distribution chart, Real Consulting ranks #1707 out of 1754 companies in the Software industry, placing it in the top 97.3%.
Is Real Consulting's Net Current Asset Value too high?
Real Consulting's current Net Current Asset Value of €0.08 is 100% below median its 10-year median of 41.36. Over the past 10 years, this metric has ranged from a low of 34.00 to a high of 92.50. Based on the distribution chart, Real Consulting ranks #1707 out of 1754 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Real Consulting has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Real Consulting's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Real Consulting ranks #1707 out of 1754 companies for Net Current Asset Value. This places Real Consulting in the lower half of its industry. The industry median Net Current Asset Value is 4.84. Historically, Real Consulting's own Net Current Asset Value has ranged from 34.00 to 92.50 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 Software company?
The median Net Current Asset Value among Software companies is 4.84, based on 1,754 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 Real Consulting and its competitors. For the Software industry, the median Net Current Asset Value is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Consulting's current Net Current Asset Value is €0.08, which is 100% below median its own 10-year median of 41.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Consulting stock overvalued right now?
Based on GuruFocus' analysis, Real Consulting (ATH:REALCONS) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.39, compared to a current price of €7.40 — trading 37.3% above its estimated fair value. The current Net Current Asset Value is €0.08, which is 100% below median its 10-year median of 41.36. Real Consulting's overall GF Score™ is 68/100 with 4 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 Real Consulting (ATH:REALCONS), the current Net Current Asset Value is €0.08 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 Real Consulting (ATH:REALCONS) Overvalued in 2026?
Based on GuruFocus' analysis, Real Consulting stock appears to be overvalued.
The current stock price of €7.40 is trading 37.3% above its estimated GF Value™ of €5.39.
GuruFocus considers Real Consulting to be Significantly Overvalued.
Key valuation signals for ATH:REALCONS:
Net Current Asset Value: €0.08 (100% below median its 10-year median of 41.36)
GF Value™: €5.39 vs. price of €7.40 (37.3% above fair value)
No single metric tells the full story. See the ATH:REALCONS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Real Consulting SA operates in the domain of development, processing, installation, distribution and marketing of software systems and programs, as well as in providing integrated IT solutions and distribution of networking products. Its operating segments include Large Enterprises, and Small and Medium Enterprises.
68GF Score
Get the complete analysis for ATH:REALCONS
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ATH:REALCONS has been successfully added to your 
