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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).
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Desktop - Sigmanet Comunicacao Multimidia was 21.32. The lowest was 21.32. And the median was 21.32.
BSP:DESK3's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.48 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) 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.
Desktop - Sigmanet Comunicacao Multimidia Net Current Asset Value Related Terms
Desktop - Sigmanet Comunicacao Multimidia 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.
Desktop - Sigmanet Comunicacao Multimidia Net Current Asset Value Chart
Desktop - Sigmanet Comunicacao Multimidia Annual Data
BSP:DESK3 vs VZ, TMUS, T: Net Current Asset Value Comparison
For the Telecom Services subindustry, Desktop - Sigmanet Comunicacao Multimidia'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.
Desktop - Sigmanet Comunicacao Multimidia Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Desktop - Sigmanet Comunicacao Multimidia's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Desktop - Sigmanet Comunicacao Multimidia'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 R$-14.69 mean?
Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) has a Net Current Asset Value of R$-14.69 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 Desktop - Sigmanet Comunicacao Multimidia and its competitors. Over the past decade, Desktop - Sigmanet Comunicacao Multimidia's Net Current Asset Value has ranged from 21.32 to 21.32. According to the industry distribution chart, Desktop - Sigmanet Comunicacao Multimidia ranks #999999 out of 97 companies in the Telecommunication Services industry.
Is Desktop - Sigmanet Comunicacao Multimidia's Net Current Asset Value too high?
Desktop - Sigmanet Comunicacao Multimidia's current Net Current Asset Value is R$-14.69. Over the past 10 years, this metric has ranged from a low of 21.32 to a high of 21.32. Based on the distribution chart, Desktop - Sigmanet Comunicacao Multimidia ranks #999999 out of 97 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Desktop - Sigmanet Comunicacao Multimidia has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desktop - Sigmanet Comunicacao Multimidia's Net Current Asset Value compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Desktop - Sigmanet Comunicacao Multimidia ranks #999999 out of 97 companies for Net Current Asset Value. This places Desktop - Sigmanet Comunicacao Multimidia in the lower half of its industry. The industry median Net Current Asset Value is 5.48. Historically, Desktop - Sigmanet Comunicacao Multimidia's own Net Current Asset Value has ranged from 21.32 to 21.32 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 Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 5.48, based on 97 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 Desktop - Sigmanet Comunicacao Multimidia and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desktop - Sigmanet Comunicacao Multimidia's current Net Current Asset Value is R$-14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desktop - Sigmanet Comunicacao Multimidia stock overvalued right now?
Based on GuruFocus' analysis, Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$16.68, compared to a current price of R$18.93 — trading 13.5% above its estimated fair value. The current Net Current Asset Value is R$-14.69. Desktop - Sigmanet Comunicacao Multimidia's overall GF Score™ is 87/100 with 8 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 Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3), the current Net Current Asset Value is R$-14.69 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 Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) Overvalued in 2026?
Based on GuruFocus' analysis, Desktop - Sigmanet Comunicacao Multimidia stock appears to be overvalued.
The current stock price of R$18.93 is trading 13.5% above its estimated GF Value™ of R$16.68.
GuruFocus considers Desktop - Sigmanet Comunicacao Multimidia to be Modestly Overvalued.
Key valuation signals for BSP:DESK3:
Net Current Asset Value: R$-14.69
GF Value™: R$16.68 vs. price of R$18.93 (13.5% above fair value)
No single metric tells the full story. See the BSP:DESK3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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