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).
Frasle Mobility's net current asset value per share for the quarter that ended in Mar. 2026 was R$-4.38.
The historical rank and industry rank for Frasle Mobility'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 Frasle Mobility was 15.97. The lowest was 2.15. And the median was 8.41.
BSP:FRAS3's Price-to-Net-Current-Asset-Value is not ranked *
in the Vehicles & Parts industry.
Industry Median: 5 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Frasle Mobility (BSP:FRAS3) 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.
Frasle Mobility Net Current Asset Value Related Terms
Frasle Mobility Net Current Asset Value Historical Data
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The historical data trend for Frasle Mobility'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.
BSP:FRAS3 vs ORLY, AZO, GPC: Net Current Asset Value Comparison
For the Auto Parts subindustry, Frasle Mobility'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.
Frasle Mobility Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Frasle Mobility's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Frasle Mobility'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$-4.38 mean?
Frasle Mobility (BSP:FRAS3) has a Net Current Asset Value of R$-4.38 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Frasle Mobility and its competitors. Over the past decade, Frasle Mobility's Net Current Asset Value has ranged from 2.15 to 15.97. According to the industry distribution chart, Frasle Mobility ranks #999999 out of 707 companies in the Vehicles & Parts industry.
Is Frasle Mobility's Net Current Asset Value too high?
Frasle Mobility's current Net Current Asset Value is R$-4.38. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 15.97. Based on the distribution chart, Frasle Mobility ranks #999999 out of 707 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Frasle Mobility has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frasle Mobility's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Frasle Mobility ranks #999999 out of 707 companies for Net Current Asset Value. This places Frasle Mobility in the lower half of its industry. The industry median Net Current Asset Value is 5.00. Historically, Frasle Mobility's own Net Current Asset Value has ranged from 2.15 to 15.97 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 5.00, based on 707 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 Frasle Mobility and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasle Mobility's current Net Current Asset Value is R$-4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasle Mobility stock overvalued right now?
Based on GuruFocus' analysis, Frasle Mobility (BSP:FRAS3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$25.79, compared to a current price of R$20.40 — trading 20.9% below its estimated fair value. The current Net Current Asset Value is R$-4.38. Frasle Mobility's overall GF Score™ is 81/100 with 4 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 Frasle Mobility (BSP:FRAS3), the current Net Current Asset Value is R$-4.38 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 Frasle Mobility (BSP:FRAS3) Overvalued in 2026?
Based on GuruFocus' analysis, Frasle Mobility stock appears to be undervalued.
The current stock price of R$20.40 is trading 20.9% below its estimated GF Value™ of R$25.79.
GuruFocus considers Frasle Mobility to be Modestly Undervalued.
Key valuation signals for BSP:FRAS3:
Net Current Asset Value: R$-4.38
GF Value™: R$25.79 vs. price of R$20.40 (20.9% below fair value)
No single metric tells the full story. See the BSP:FRAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasle Mobility SA is engaged in manufacturing, marketing and import of components for brakes, couplings, transmissions, friction materials, resin-based products, auto parts, plastic artifacts and their derivative products. The company offers brake linings and pads for commercial vehicles; disc brake pads for hydraulic breaks for passenger and utility vehicles; brake linings and shoes for light vehicles; clutch facings for automotive vehicles; and motorcycle pads and shoes. It also provides aircraft pads; refitters; and pads and shoes for trains and subways, as well as universal flat sheets, molded and woven linings, and flexible molded blocks for industrial applications.
81GF Score
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