Grupo Multi (BSP:MLAS3) Net Current Asset Value: R$1.89 (As of Mar. 2026) — 101% Above Median


BSP:MLAS3 Grupo Multi SA BSP:MLAS3
73 GF Score
Price R$1.70
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Multi Net Current Asset Value?

Grupo Multi BSP:MLAS3 +0.59% 73 Net Current Asset Value is R$1.89 as of Mar. 2026, which is 100% below its 10-year median of 0.94. GuruFocus rates BSP:MLAS3 with a GF Score™ of 73/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,847 Hardware companies, Grupo Multi ranks better than 94.21% 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).

Grupo Multi's net current asset value per share for the quarter that ended in Mar. 2026 was R$1.89.

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

BSP:MLAS3' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.47   Med: 0.94   Max: 2.25
Current: 0.9

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Grupo Multi was 2.25. The lowest was 0.47. And the median was 0.94.

BSP:MLAS3's Price-to-Net-Current-Asset-Value is ranked better than
94.21% of 1847 companies
in the Hardware industry
Industry Median: 5.45 vs BSP:MLAS3: 0.90

Grupo Multi  (BSP:MLAS3) 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.


Grupo Multi Net Current Asset Value Related Terms


Grupo Multi Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi Net Current Asset Value Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 3.73 3.32 2.18 1.53 1.69

Grupo Multi 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 1.51 1.54 1.77 1.69 1.89

BSP:MLAS3 vs SNX, ARW, AVT: Net Current Asset Value Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Grupo Multi's Price-to-Net-Current-Asset-Value falls into.


BSP:MLAS3
73GF Score
Grupo Multi SA BSP:MLAS3
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Multi Net Current Asset Value Calculation

Grupo Multi'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)
=(3653.89-2285.392-0-0)/807.416
=1.69

Grupo Multi'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)
=(3694.178-2168.239-0-0)/807.416
=1.89

* 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 R$1.89 mean?
Grupo Multi (BSP:MLAS3) has a Net Current Asset Value of R$1.89 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 Grupo Multi and its competitors. This is 101% above median its historical median of 0.94. Over the past decade, Grupo Multi's Net Current Asset Value has ranged from 0.47 to 2.25. According to the industry distribution chart, Grupo Multi ranks #107 out of 1847 companies in the Hardware industry, placing it in the top 5.8%.
Is Grupo Multi's Net Current Asset Value too high?
Grupo Multi's current Net Current Asset Value of R$1.89 is 101% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.25. Based on the distribution chart, Grupo Multi ranks #107 out of 1847 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo Multi has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's Net Current Asset Value compare to SNX and ARW?
According to the Hardware industry distribution chart, Grupo Multi ranks #107 out of 1847 companies for Net Current Asset Value. This places Grupo Multi in the top 6% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.45. Historically, Grupo Multi's own Net Current Asset Value has ranged from 0.47 to 2.25 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.45, based on 1,847 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 Grupo Multi and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current Net Current Asset Value is R$1.89, which is 101% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.70 — trading 7.6% below its estimated fair value. The current Net Current Asset Value is R$1.89, which is 101% above median its 10-year median of 0.94. Grupo Multi's overall GF Score™ is 73/100 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 Grupo Multi (BSP:MLAS3), the current Net Current Asset Value is R$1.89 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.70 is trading 7.6% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • Net Current Asset Value: R$1.89 (101% above median its 10-year median of 0.94)
  • GF Value™: R$1.84 vs. price of R$1.70 (7.6% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
73GF Score

Get the complete analysis for BSP:MLAS3

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

R$1.70
Price
R$1.84
GF Value