Bilfinger SEBFLBF 78 Net Current Asset Value is $-0.81 as of Mar. 2026. GuruFocus rates BFLBF with a GF Score™ of 78/100 and a GF Value™ of $65.40 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,058 Construction companies, Bilfinger SE ranks worse than 94517.86% 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).
Bilfinger SE's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.81.
The historical rank and industry rank for Bilfinger SE's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bilfinger SE was 62.29. The lowest was 25.41. And the median was 43.85.
BFLBF's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.245 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Bilfinger SE (OTCPK:BFLBF) 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.
Bilfinger SE Net Current Asset Value Related Terms
Bilfinger SE Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Bilfinger SE'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.
BFLBF vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Bilfinger SE'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.
Bilfinger SE Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Bilfinger SE's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bilfinger SE'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 $-0.81 mean?
Bilfinger SE (BFLBF) has a Net Current Asset Value of $-0.81 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bilfinger SE and its competitors. Over the past decade, Bilfinger SE's Net Current Asset Value has ranged from 25.41 to 62.29. According to the industry distribution chart, Bilfinger SE ranks #999999 out of 1058 companies in the Construction industry.
Is Bilfinger SE's Net Current Asset Value too high?
Bilfinger SE's current Net Current Asset Value is $-0.81. Over the past 10 years, this metric has ranged from a low of 25.41 to a high of 62.29. Based on the distribution chart, Bilfinger SE ranks #999999 out of 1058 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Bilfinger SE has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bilfinger SE's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Bilfinger SE ranks #999999 out of 1058 companies for Net Current Asset Value. This places Bilfinger SE in the lower half of its industry. The industry median Net Current Asset Value is 3.25. Historically, Bilfinger SE's own Net Current Asset Value has ranged from 25.41 to 62.29 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,058 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 Bilfinger SE and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bilfinger SE's current Net Current Asset Value is $-0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bilfinger SE stock overvalued right now?
Based on GuruFocus' analysis, Bilfinger SE (BFLBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $65.40, compared to a current price of $89.96 — trading 37.6% above its estimated fair value. The current Net Current Asset Value is $-0.81. Bilfinger SE's overall GF Score™ is 78/100 with 1 warning sign 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 Bilfinger SE (BFLBF), the current Net Current Asset Value is $-0.81 as of Mar. 2026. 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 Bilfinger SE (BFLBF) Overvalued in 2026?
Based on GuruFocus' analysis, Bilfinger SE stock appears to be overvalued.
The current stock price of $89.96 is trading 37.6% above its estimated GF Value™ of $65.40.
GuruFocus considers Bilfinger SE to be Significantly Overvalued.
Key valuation signals for BFLBF:
Net Current Asset Value: $-0.81
GF Value™: $65.40 vs. price of $89.96 (37.6% above fair value)
No single metric tells the full story. See the BFLBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bilfinger SE is an international industrial services provider. It delivers customized engineering services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies.
78GF Score
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