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).
BSP:GLOG11's Price-to-Net-Current-Asset-Value is ranked worse than 76.36% of 110
companies
in the REITs industry
Industry Median: 7.96
vs BSP:GLOG11: 30.00
Genial Logistica Fundo De Investimento Imobiliario (BSP:GLOG11) 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.
Genial Logistica Fundo De Investimento Imobiliario Net Current Asset Value Related Terms
Genial Logistica Fundo De Investimento Imobiliario 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.
Genial Logistica Fundo De Investimento Imobiliario Net Current Asset Value Chart
Genial Logistica Fundo De Investimento Imobiliario Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
4.63
4.26
3.42
2.34
2.50
Genial Logistica Fundo De Investimento Imobiliario Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
4.63
4.26
3.42
2.34
2.50
BSP:GLOG11 vs PLD, PSA, EXR: Net Current Asset Value Comparison
For the REIT - Industrial subindustry, Genial Logistica Fundo De Investimento Imobiliario'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.
Genial Logistica Fundo De Investimento Imobiliario Price-to-Net-Current-Asset-Value vs REITs Industry
* 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$2.50 mean?
Genial Logistica Fundo De Investimento Imobiliario (BSP:GLOG11) has a Net Current Asset Value of R$2.50 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Genial Logistica Fundo De Investimento Imobiliario and its competitors. This is 88% below median its historical median of 21.36. Over the past decade, Genial Logistica Fundo De Investimento Imobiliario's Net Current Asset Value has ranged from 17.25 to 30.00. According to the industry distribution chart, Genial Logistica Fundo De Investimento Imobiliario ranks #84 out of 110 companies in the REITs industry, placing it in the top 76.4%.
Is Genial Logistica Fundo De Investimento Imobiliario's Net Current Asset Value too high?
Genial Logistica Fundo De Investimento Imobiliario's current Net Current Asset Value of R$2.50 is 88% below median its 10-year median of 21.36. Over the past 10 years, this metric has ranged from a low of 17.25 to a high of 30.00. Based on the distribution chart, Genial Logistica Fundo De Investimento Imobiliario ranks #84 out of 110 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Genial Logistica Fundo De Investimento Imobiliario has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genial Logistica Fundo De Investimento Imobiliario's Net Current Asset Value compare to PLD and PSA?
According to the REITs industry distribution chart, Genial Logistica Fundo De Investimento Imobiliario ranks #84 out of 110 companies for Net Current Asset Value. This places Genial Logistica Fundo De Investimento Imobiliario in the lower half of its industry. The industry median Net Current Asset Value is 7.96. Historically, Genial Logistica Fundo De Investimento Imobiliario's own Net Current Asset Value has ranged from 17.25 to 30.00 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 REITs company?
The median Net Current Asset Value among REITs companies is 7.96, based on 110 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 Genial Logistica Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Net Current Asset Value is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genial Logistica Fundo De Investimento Imobiliario's current Net Current Asset Value is R$2.50, which is 88% below median its own 10-year median of 21.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genial Logistica Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Genial Logistica Fundo De Investimento Imobiliario (BSP:GLOG11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$44.28, compared to a current price of R$75.00 — trading 69.4% above its estimated fair value. The current Net Current Asset Value is R$2.50, which is 88% below median its 10-year median of 21.36. Genial Logistica Fundo De Investimento Imobiliario's overall GF Score™ is 51/100 with 7 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 Genial Logistica Fundo De Investimento Imobiliario (BSP:GLOG11), the current Net Current Asset Value is R$2.50 as of Dec. 2025. 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 Genial Logistica Fundo De Investimento Imobiliario (BSP:GLOG11) Overvalued in 2026?
Based on GuruFocus' analysis, Genial Logistica Fundo De Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$75.00 is trading 69.4% above its estimated GF Value™ of R$44.28.
GuruFocus considers Genial Logistica Fundo De Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:GLOG11:
Net Current Asset Value: R$2.50 (88% below median its 10-year median of 21.36)
GF Value™: R$44.28 vs. price of R$75.00 (69.4% above fair value)
No single metric tells the full story. See the BSP:GLOG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genial Logistica Fundo De Investimento Imobiliario Business Description
Genial Logistica Fundo De Investimento Imobiliario aims to obtain income through the acquisition of real estate assets and the commercial exploitation, through leasing, of properties in the logistics segment located throughout the national territory. The company invests more than two thirds of its Net Equity in properties already built or in real rights over properties already built, which are aimed at logistics or industrial operations.
51GF Score
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