One United Properties (BSE:ONE) Net Current Asset Value: lei-0.89 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSE:ONE One United Properties SA BSE:ONE
91 GF Score
Price lei33.30
GF Value lei25.74
Valuation Modestly Overvalued
! 10 Warning Signs
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What is One United Properties Net Current Asset Value?

One United Properties BSE:ONE +0.91% 91 Net Current Asset Value is lei-0.89 as of Mar. 2026. GuruFocus rates BSE:ONE with a GF Score™ of 91/100 and a GF Value™ of lei25.74 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 755 Real Estate companies, One United Properties ranks worse than 132450.2% 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).

One United Properties's net current asset value per share for the quarter that ended in Mar. 2026 was lei-0.89.

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

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of One United Properties was 39.94. The lowest was 22.72. And the median was 31.33.

BSE:ONE's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.14
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

One United Properties  (BSE:ONE) 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.


One United Properties Net Current Asset Value Related Terms


One United Properties Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for One United Properties'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.

One United Properties Net Current Asset Value Chart

One United Properties 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 -7.54 -3.47 -4.47 -0.02 -1.10

One United Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.81 -0.34 -0.12 -1.10 -0.89

One United Properties Net Current Asset Value Competitor Comparison

For the Real Estate - Development subindustry, One United Properties'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.


One United Properties Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, One United Properties's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where One United Properties's Price-to-Net-Current-Asset-Value falls into.


BSE:ONE
91GF Score
One United Properties SA BSE:ONE
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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One United Properties Net Current Asset Value Calculation

One United Properties'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)
=(3208.345-2790.889-538.862-0)/110.500
=-1.10

One United Properties's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3119.954-2717.949-499.957-0)/110.500
=-0.89

* 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 lei-0.89 mean?
One United Properties (BSE:ONE) has a Net Current Asset Value of lei-0.89 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 One United Properties and its competitors. Over the past decade, One United Properties' Net Current Asset Value has ranged from 22.72 to 39.94. According to the industry distribution chart, One United Properties ranks #999999 out of 755 companies in the Real Estate industry.
Is One United Properties' Net Current Asset Value too high?
One United Properties' current Net Current Asset Value is lei-0.89. Over the past 10 years, this metric has ranged from a low of 22.72 to a high of 39.94. Based on the distribution chart, One United Properties ranks #999999 out of 755 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, One United Properties has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does One United Properties' Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, One United Properties ranks #999999 out of 755 companies for Net Current Asset Value. This places One United Properties in the lower half of its industry. The industry median Net Current Asset Value is 2.14. Historically, One United Properties' own Net Current Asset Value has ranged from 22.72 to 39.94 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.14, based on 755 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 One United Properties and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One United Properties's current Net Current Asset Value is lei-0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One United Properties stock overvalued right now?
Based on GuruFocus' analysis, One United Properties (BSE:ONE) is currently considered Modestly Overvalued. The stock's GF Value™ is lei25.74, compared to a current price of lei33.30 — trading 29.4% above its estimated fair value. The current Net Current Asset Value is lei-0.89. One United Properties' overall GF Score™ is 91/100 with 10 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 One United Properties (BSE:ONE), the current Net Current Asset Value is lei-0.89 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 One United Properties (BSE:ONE) Overvalued in 2026?

Based on GuruFocus' analysis, One United Properties stock appears to be overvalued. The current stock price of lei33.30 is trading 29.4% above its estimated GF Value™ of lei25.74. GuruFocus considers One United Properties to be Modestly Overvalued.

Key valuation signals for BSE:ONE:

  • Net Current Asset Value: lei-0.89
  • GF Value™: lei25.74 vs. price of lei33.30 (29.4% above fair value)
  • GF Score™: 91/100 with 10 warning signs

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


One United Properties Business Description

Address 20 Maxim Gorki Street, District 1, Bucharest, ROU
One United Properties SA is the green investor and developer of residential, mixed-use, commercial, and office real estate in Bucharest, Romania. It has several high-end residential projects completed, under construction, and in the medium-term pipeline in Bucharest, such as ONE COTROCENI PARK, ONE VERDI PARK, ONE MIRCEA ELIADE, ONE HERASTRAU TOWERS, among others. The company's reporting segments are residential, office and landbank, and corporate. The company generates key revenue from the Residential segment.
91GF Score

Get the complete analysis for BSE:ONE

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

lei33.30
Price
lei25.74
GF Value