City Sports And Recreation PCLBKK:CSR 87 Net Current Asset Value is ฿0.09 as of Mar. 2026, which is 100% below its 10-year median of 109.15. GuruFocus rates BKK:CSR with a GF Score™ of 87/100 and a GF Value™ of ฿81.76 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 311 Travel & Leisure companies, City Sports And Recreation PCL ranks worse than 100% 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).
The historical rank and industry rank for City Sports And Recreation PCL's Net Current Asset Value or its related term are showing as below:
BKK:CSR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 40.61 Med: 109.15 Max: 805.56
Current: 805.56
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of City Sports And Recreation PCL was 805.56. The lowest was 40.61. And the median was 109.15.
BKK:CSR's Price-to-Net-Current-Asset-Value is ranked worse than 100% of 311
companies
in the Travel & Leisure industry
Industry Median: 4.05
vs BKK:CSR: 805.56
City Sports And Recreation PCL (BKK:CSR) 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.
City Sports And Recreation PCL Net Current Asset Value Related Terms
City Sports And Recreation PCL Net Current Asset Value Historical Data
* 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.
City Sports And Recreation PCL Net Current Asset Value Chart
BKK:CSR vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, City Sports And Recreation PCL'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.
City Sports And Recreation PCL Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, City Sports And Recreation PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where City Sports And Recreation PCL'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 ฿0.09 mean?
City Sports And Recreation PCL (BKK:CSR) has a Net Current Asset Value of ฿0.09 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 City Sports And Recreation PCL and its competitors. This is 100% below median its historical median of 109.15. Over the past decade, City Sports And Recreation PCL's Net Current Asset Value has ranged from 40.61 to 805.56. According to the industry distribution chart, City Sports And Recreation PCL ranks #311 out of 311 companies in the Travel & Leisure industry.
Is City Sports And Recreation PCL's Net Current Asset Value too high?
City Sports And Recreation PCL's current Net Current Asset Value of ฿0.09 is 100% below median its 10-year median of 109.15. Over the past 10 years, this metric has ranged from a low of 40.61 to a high of 805.56. Based on the distribution chart, City Sports And Recreation PCL ranks #311 out of 311 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, City Sports And Recreation PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does City Sports And Recreation PCL's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, City Sports And Recreation PCL ranks #311 out of 311 companies for Net Current Asset Value. This places City Sports And Recreation PCL in the lower half of its industry. The industry median Net Current Asset Value is 4.05. Historically, City Sports And Recreation PCL's own Net Current Asset Value has ranged from 40.61 to 805.56 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.05, based on 311 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 City Sports And Recreation PCL and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Sports And Recreation PCL's current Net Current Asset Value is ฿0.09, which is 100% below median its own 10-year median of 109.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Sports And Recreation PCL stock overvalued right now?
Based on GuruFocus' analysis, City Sports And Recreation PCL (BKK:CSR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿81.76, compared to a current price of ฿72.50 — trading 11.3% below its estimated fair value. The current Net Current Asset Value is ฿0.09, which is 100% below median its 10-year median of 109.15. City Sports And Recreation PCL's overall GF Score™ is 87/100 with 2 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 City Sports And Recreation PCL (BKK:CSR), the current Net Current Asset Value is ฿0.09 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 City Sports And Recreation PCL (BKK:CSR) Overvalued in 2026?
Based on GuruFocus' analysis, City Sports And Recreation PCL stock appears to be undervalued.
The current stock price of ฿72.50 is trading 11.3% below its estimated GF Value™ of ฿81.76.
GuruFocus considers City Sports And Recreation PCL to be Modestly Undervalued.
Key valuation signals for BKK:CSR:
Net Current Asset Value: ฿0.09 (100% below median its 10-year median of 109.15)
GF Value™: ฿81.76 vs. price of ฿72.50 (11.3% below fair value)
No single metric tells the full story. See the BKK:CSR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Sports And Recreation PCL Business Description
City Sports And Recreation PCL is a Thailand-based company engaged in the businesses of golf course, restaurants, and sports clubs. The company operates in four business segments. The Golf course segment has revenue from membership fees, the sale of goods and services relating to the golf course. The Restaurant segment has revenue from sales of foods and beverages. The Sports club segment has revenue from membership fees and services relating to sports clubs. A vast majority of the revenues are earned from the golf course segment.
87GF Score
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