Avio SpAAVVOF -4.41%53 Net Current Asset Value is $4.51 as of Dec. 2025, which is 58% below its 10-year median of 10.81. GuruFocus rates AVVOF with a GF Score™ of 53/100 and a GF Value™ of $15.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 197 Aerospace & Defense companies, Avio SpA ranks worse than 50.25% 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).
Avio SpA's net current asset value per share for the quarter that ended in Dec. 2025 was $4.51.
The historical rank and industry rank for Avio SpA's Net Current Asset Value or its related term are showing as below:
AVVOF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.62 Med: 10.81 Max: 14
Current: 8.09
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Avio SpA was 14.00. The lowest was 7.62. And the median was 10.81.
AVVOF's Price-to-Net-Current-Asset-Value is ranked worse than 50.25% of 197
companies
in the Aerospace & Defense industry
Industry Median: 8.23
vs AVVOF: 8.09
Avio SpA (OTCPK:AVVOF) 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.
Avio SpA Net Current Asset Value Related Terms
Avio SpA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Avio SpA'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.
AVVOF vs GE, RTX, BA: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Avio SpA'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.
Avio SpA Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Avio SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Avio SpA'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 $4.51 mean?
Avio SpA (AVVOF) has a Net Current Asset Value of $4.51 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 Avio SpA and its competitors. This is 58% below median its historical median of 10.81. Over the past decade, Avio SpA's Net Current Asset Value has ranged from 7.62 to 14.00. According to the industry distribution chart, Avio SpA ranks #99 out of 197 companies in the Aerospace & Defense industry, placing it in the top 50.3%.
Is Avio SpA's Net Current Asset Value too high?
Avio SpA's current Net Current Asset Value of $4.51 is 58% below median its 10-year median of 10.81. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 14.00. The Aerospace & Defense industry median Net Current Asset Value is 8.23. Avio SpA's value of $4.51 is 45.2% below this industry median. Based on the distribution chart, Avio SpA ranks #99 out of 197 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Avio SpA has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avio SpA's Net Current Asset Value compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Avio SpA ranks #99 out of 197 companies for Net Current Asset Value. This places Avio SpA in the lower half of its industry. The industry median Net Current Asset Value is 8.23. Avio SpA's value of $4.51 is 45.2% below this benchmark. Historically, Avio SpA's own Net Current Asset Value has ranged from 7.62 to 14.00 over the past decade. While the company's 10-year median is 10.81 vs. the industry median of 8.23, Avio SpA 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 an Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.23, based on 197 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. Avio SpA's current Net Current Asset Value of $4.51 is 45.2% 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 Avio SpA and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current Net Current Asset Value is $4.51, which is 58% below median its own 10-year median of 10.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avio SpA stock overvalued right now?
Based on GuruFocus' analysis, Avio SpA (AVVOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.95, compared to a current price of $34.87 — trading 118.6% above its estimated fair value. The current Net Current Asset Value is $4.51, which is 58% below median its 10-year median of 10.81 and 45.2% below the Aerospace & Defense industry median of 8.23. Avio SpA's overall GF Score™ is 53/100 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 Avio SpA (AVVOF), the current Net Current Asset Value is $4.51 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 Avio SpA (AVVOF) Overvalued in 2026?
Based on GuruFocus' analysis, Avio SpA stock appears to be overvalued.
The current stock price of $34.87 is trading 118.6% above its estimated GF Value™ of $15.95.
GuruFocus considers Avio SpA to be Significantly Overvalued.
Key valuation signals for AVVOF:
Net Current Asset Value: $4.51 (58% below median its 10-year median of 10.81)
GF Value™: $15.95 vs. price of $34.87 (118.6% above fair value)
Industry Position: 45.2% below the Aerospace & Defense median (#99 of 197)
No single metric tells the full story. See the AVVOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avio SpA is an international group engaged in the construction and development of space launchers. The company's core operations are design, development and production of solid and liquid propellant propulsion systems for space launchers; design, development and production of solid propellant propulsion systems for tactical missiles; development, integration and supply of complete light space launchers (VEGA); research and development of new low environmental impact propulsion systems and of satellite tracking control engines. The Group mainly operates in EU countries (Italy, France), the USA, and French Guiana.
53GF 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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