Cyan AGCCYNF 68 Net Current Asset Value is $0.07 as of Dec. 2025, which is 100% below its 10-year median of 79.50. GuruFocus rates CCYNF with a GF Score™ of 68/100 and a GF Value™ of $6.18. The stock has 3 warning signs investors should review. Among 1,755 Software companies, Cyan AG ranks worse than 92.02% 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).
Cyan AG's net current asset value per share for the quarter that ended in Dec. 2025 was $0.07.
The historical rank and industry rank for Cyan AG's Net Current Asset Value or its related term are showing as below:
CCYNF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.33 Med: 79.5 Max: 260
Current: 29.3
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cyan AG was 260.00. The lowest was 11.33. And the median was 79.50.
CCYNF's Price-to-Net-Current-Asset-Value is ranked worse than 92.02% of 1755
companies
in the Software industry
Industry Median: 4.78
vs CCYNF: 29.30
Cyan AG (OTCPK:CCYNF) 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.
Cyan AG Net Current Asset Value Related Terms
Cyan AG Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Cyan AG'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.
CCYNF vs MSFT, ORCL, PLTR: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, Cyan AG'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.
Cyan AG Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Cyan AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cyan AG'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 $0.07 mean?
Cyan AG (CCYNF) has a Net Current Asset Value of $0.07 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 Cyan AG and its competitors. This is 100% below median its historical median of 79.50. Over the past decade, Cyan AG's Net Current Asset Value has ranged from 11.33 to 260.00. According to the industry distribution chart, Cyan AG ranks #1615 out of 1755 companies in the Software industry, placing it in the top 92%.
Is Cyan AG's Net Current Asset Value too high?
Cyan AG's current Net Current Asset Value of $0.07 is 100% below median its 10-year median of 79.50. Over the past 10 years, this metric has ranged from a low of 11.33 to a high of 260.00. The Software industry median Net Current Asset Value is 4.78. Cyan AG's value of $0.07 is 98.5% below this industry median. Based on the distribution chart, Cyan AG ranks #1615 out of 1755 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cyan AG has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Cyan AG's Net Current Asset Value compare to MSFT and ORCL?
According to the Software industry distribution chart, Cyan AG ranks #1615 out of 1755 companies for Net Current Asset Value. This places Cyan AG in the lower half of its industry. The industry median Net Current Asset Value is 4.78. Cyan AG's value of $0.07 is 98.5% below this benchmark. Historically, Cyan AG's own Net Current Asset Value has ranged from 11.33 to 260.00 over the past decade. While the company's 10-year median is 79.50 vs. the industry median of 4.78, Cyan AG has consistently been below the industry average. 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 Software company?
The median Net Current Asset Value among Software companies is 4.78, based on 1,755 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. Cyan AG's current Net Current Asset Value of $0.07 is 98.5% below the industry median. 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 Cyan AG and its competitors. For the Software industry, the median Net Current Asset Value is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyan AG's current Net Current Asset Value is $0.07, which is 100% below median its own 10-year median of 79.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyan AG stock overvalued right now?
Cyan AG (CCYNF) has a current Net Current Asset Value of $0.07. The stock's GF Value™ is $6.18, compared to a current price of $3.22 — trading 47.8% below its estimated fair value. The current Net Current Asset Value is $0.07, which is 100% below median its 10-year median of 79.50 and 98.5% below the Software industry median of 4.78. Cyan AG's overall GF Score™ is 68/100 with 3 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 Cyan AG (CCYNF), the current Net Current Asset Value is $0.07 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 Cyan AG (CCYNF) Overvalued in 2026?
Based on GuruFocus' analysis, Cyan AG stock appears to be undervalued.
The current stock price of $3.22 is trading 47.8% below its estimated GF Value™ of $6.18.
Key valuation signals for CCYNF:
Net Current Asset Value: $0.07 (100% below median its 10-year median of 79.50)
GF Value™: $6.18 vs. price of $3.22 (47.8% below fair value)
Industry Position: 98.5% below the Software median (#1615 of 1755)
No single metric tells the full story. See the CCYNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cyan AG offers cybersecurity solutions for end customers of mobile network operators (MNOS) and mobile virtual network operators (MVNOs). Its solutions are Threat Intelligence, Network Solutions, Endpoint Solutions, and SMB Solutions.
68GF Score
Get the complete analysis for CCYNF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CCYNF has been successfully added to your 
