Alfa Financial Software HoldingsCHIX:ALFAL -0.49%82 Net Current Asset Value is £0.02 as of Dec. 2025, which is 100% below its 10-year median of 64.72. GuruFocus rates CHIX:ALFAL with a GF Score™ of 82/100 and a GF Value™ of £2.40 (Significantly Undervalued). Among 1,755 Software companies, Alfa Financial Software Holdings ranks worse than 96.87% 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).
The historical rank and industry rank for Alfa Financial Software Holdings's Net Current Asset Value or its related term are showing as below:
CHIX:ALFAl'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.71 Med: 64.72 Max: 214.5
Current: 81
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Alfa Financial Software Holdings was 214.50. The lowest was 7.71. And the median was 64.72.
CHIX:ALFAl's Price-to-Net-Current-Asset-Value is ranked worse than 96.87% of 1755
companies
in the Software industry
Industry Median: 4.83
vs CHIX:ALFAl: 81.00
Alfa Financial Software Holdings (CHIX:ALFAl) 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.
Alfa Financial Software Holdings Net Current Asset Value Related Terms
Alfa Financial Software Holdings 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.
Alfa Financial Software Holdings Net Current Asset Value Chart
CHIX:ALFAL vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, Alfa Financial Software Holdings'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.
Alfa Financial Software Holdings Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Alfa Financial Software Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Alfa Financial Software Holdings'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 £0.02 mean?
Alfa Financial Software Holdings (CHIX:ALFAL) has a Net Current Asset Value of £0.02 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 Alfa Financial Software Holdings and its competitors. This is 100% below median its historical median of 64.72. Over the past decade, Alfa Financial Software Holdings' Net Current Asset Value has ranged from 7.71 to 214.50. According to the industry distribution chart, Alfa Financial Software Holdings ranks #1700 out of 1755 companies in the Software industry, placing it in the top 96.9%.
Is Alfa Financial Software Holdings' Net Current Asset Value too high?
Alfa Financial Software Holdings' current Net Current Asset Value of £0.02 is 100% below median its 10-year median of 64.72. Over the past 10 years, this metric has ranged from a low of 7.71 to a high of 214.50. Based on the distribution chart, Alfa Financial Software Holdings ranks #1700 out of 1755 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Alfa Financial Software Holdings has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Financial Software Holdings' Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Alfa Financial Software Holdings ranks #1700 out of 1755 companies for Net Current Asset Value. This places Alfa Financial Software Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.83. Historically, Alfa Financial Software Holdings' own Net Current Asset Value has ranged from 7.71 to 214.50 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 Software company?
The median Net Current Asset Value among Software companies is 4.83, 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. 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 Alfa Financial Software Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Financial Software Holdings's current Net Current Asset Value is £0.02, which is 100% below median its own 10-year median of 64.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Financial Software Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alfa Financial Software Holdings (CHIX:ALFAL) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.40, compared to a current price of £1.62 — trading 32.5% below its estimated fair value. The current Net Current Asset Value is £0.02, which is 100% below median its 10-year median of 64.72. Alfa Financial Software Holdings' overall GF Score™ is 82/100. 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 Alfa Financial Software Holdings (CHIX:ALFAL), the current Net Current Asset Value is £0.02 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 Alfa Financial Software Holdings (CHIX:ALFAL) Overvalued in 2026?
Based on GuruFocus' analysis, Alfa Financial Software Holdings stock appears to be undervalued.
The current stock price of £1.62 is trading 32.5% below its estimated GF Value™ of £2.40.
GuruFocus considers Alfa Financial Software Holdings to be Significantly Undervalued.
Key valuation signals for CHIX:ALFAL:
Net Current Asset Value: £0.02 (100% below median its 10-year median of 64.72)
GF Value™: £2.40 vs. price of £1.62 (32.5% below fair value)
No single metric tells the full story. See the CHIX:ALFAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alfa Financial Software Holdings Business Description
Alfa Financial Software Holdings PLC is principally engaged in the provision of software and software-related services to the auto and equipment finance industry. Alfa Systems, its technology platform, supports both retail and corporate business for auto, equipment, wholesale, and dealer finance on a multijurisdictional basis, including leases/loans, originations, and servicing. The company has one operating and reporting segment, being the sale of software and related services. It generates the majority of its revenue from the EMEA and Americas and the rest from other regions.
82GF Score
Get the complete analysis for CHIX:ALFAL
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
CHIX:ALFAL has been successfully added to your 
