Societe des Boissons du MarocCAS:SBM 83 Net Current Asset Value is MAD269.80 as of Dec. 2025, which is 100% below its 10-year median of 10.61. GuruFocus rates CAS:SBM with a GF Score™ of 83/100 and a GF Value™ of MAD2,570.41 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Societe des Boissons du Maroc ranks worse than 63.56% 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).
Societe des Boissons du Maroc's net current asset value per share for the quarter that ended in Dec. 2025 was MAD269.80.
The historical rank and industry rank for Societe des Boissons du Maroc's Net Current Asset Value or its related term are showing as below:
CAS:SBM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.25 Med: 10.61 Max: 16.01
Current: 7.93
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Societe des Boissons du Maroc was 16.01. The lowest was 7.25. And the median was 10.61.
CAS:SBM's Price-to-Net-Current-Asset-Value is ranked worse than 63.56% of 118
companies
in the Beverages - Alcoholic industry
Industry Median: 5.24
vs CAS:SBM: 7.93
Societe des Boissons du Maroc (CAS:SBM) 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.
Societe des Boissons du Maroc Net Current Asset Value Related Terms
Societe des Boissons du Maroc 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.
Societe des Boissons du Maroc Net Current Asset Value Chart
CAS:SBM vs BF.B: Net Current Asset Value Comparison
For the Beverages - Wineries & Distilleries subindustry, Societe des Boissons du Maroc'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.
Societe des Boissons du Maroc Price-to-Net-Current-Asset-Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Societe des Boissons du Maroc's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Societe des Boissons du Maroc'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 MAD269.80 mean?
Societe des Boissons du Maroc (CAS:SBM) has a Net Current Asset Value of MAD269.80 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 Societe des Boissons du Maroc and its competitors. This is 2443% above median its historical median of 10.61. Over the past decade, Societe des Boissons du Maroc's Net Current Asset Value has ranged from 7.25 to 16.01. According to the industry distribution chart, Societe des Boissons du Maroc ranks #75 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 63.6%.
Is Societe des Boissons du Maroc's Net Current Asset Value too high?
Societe des Boissons du Maroc's current Net Current Asset Value of MAD269.80 is 2443% above median its 10-year median of 10.61. Over the past 10 years, this metric has ranged from a low of 7.25 to a high of 16.01. Based on the distribution chart, Societe des Boissons du Maroc ranks #75 out of 118 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Societe des Boissons du Maroc has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe des Boissons du Maroc's Net Current Asset Value compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Societe des Boissons du Maroc ranks #75 out of 118 companies for Net Current Asset Value. This places Societe des Boissons du Maroc in the lower half of its industry. The industry median Net Current Asset Value is 5.24. Historically, Societe des Boissons du Maroc's own Net Current Asset Value has ranged from 7.25 to 16.01 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 Beverages - Alcoholic company?
The median Net Current Asset Value among Beverages - Alcoholic companies is 5.24, based on 118 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 Societe des Boissons du Maroc and its competitors. For the Beverages - Alcoholic industry, the median Net Current Asset Value is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe des Boissons du Maroc's current Net Current Asset Value is MAD269.80, which is 2443% above median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe des Boissons du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Societe des Boissons du Maroc (CAS:SBM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,570.41, compared to a current price of MAD2,140.00 — trading 16.7% below its estimated fair value. The current Net Current Asset Value is MAD269.80, which is 2443% above median its 10-year median of 10.61. Societe des Boissons du Maroc's overall GF Score™ is 83/100 with 2 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 Societe des Boissons du Maroc (CAS:SBM), the current Net Current Asset Value is MAD269.80 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 Societe des Boissons du Maroc (CAS:SBM) Overvalued in 2026?
Based on GuruFocus' analysis, Societe des Boissons du Maroc stock appears to be undervalued.
The current stock price of MAD2,140.00 is trading 16.7% below its estimated GF Value™ of MAD2,570.41.
GuruFocus considers Societe des Boissons du Maroc to be Modestly Undervalued.
Key valuation signals for CAS:SBM:
Net Current Asset Value: MAD269.80 (2443% above median its 10-year median of 10.61)
GF Value™: MAD2,570.41 vs. price of MAD2,140.00 (16.7% below fair value)
No single metric tells the full story. See the CAS:SBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societe des Boissons du Maroc Business Description
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