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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).
Azerion Group NV's net current asset value per share for the quarter that ended in Mar. 2026 was €-2.90.
The historical rank and industry rank for Azerion Group NV's Net Current Asset Value or its related term are showing as below:
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Azerion Group NV was 88.51. The lowest was 88.51. And the median was 88.51.
CHIX:AZRNa's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 3.615 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Azerion Group NV (CHIX:AZRNa) 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.
Azerion Group NV Net Current Asset Value Related Terms
Azerion Group NV Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Azerion Group NV'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.
CHIX:AZRNA vs NTES, EA, TTWO: Net Current Asset Value Comparison
For the Electronic Gaming & Multimedia subindustry, Azerion Group NV'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.
Azerion Group NV Price-to-Net-Current-Asset-Value vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Azerion Group NV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Azerion Group NV'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 €-2.90 mean?
Azerion Group NV (CHIX:AZRNA) has a Net Current Asset Value of €-2.90 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 Azerion Group NV and its competitors. Over the past decade, Azerion Group NV's Net Current Asset Value has ranged from 88.51 to 88.51. According to the industry distribution chart, Azerion Group NV ranks #999999 out of 366 companies in the Interactive Media industry.
Is Azerion Group NV's Net Current Asset Value too high?
Azerion Group NV's current Net Current Asset Value is €-2.90. Over the past 10 years, this metric has ranged from a low of 88.51 to a high of 88.51. Based on the distribution chart, Azerion Group NV ranks #999999 out of 366 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Azerion Group NV has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Azerion Group NV's Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Azerion Group NV ranks #999999 out of 366 companies for Net Current Asset Value. This places Azerion Group NV in the lower half of its industry. The industry median Net Current Asset Value is 3.62. Historically, Azerion Group NV's own Net Current Asset Value has ranged from 88.51 to 88.51 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.62, based on 366 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 Azerion Group NV and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azerion Group NV's current Net Current Asset Value is €-2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azerion Group NV stock overvalued right now?
Azerion Group NV (CHIX:AZRNA) has a current Net Current Asset Value of €-2.90. The stock's GF Value™ is €4.73, compared to a current price of €2.86 — trading 39.5% below its estimated fair value. The current Net Current Asset Value is €-2.90. Azerion Group NV's overall GF Score™ is 40/100 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 Azerion Group NV (CHIX:AZRNA), the current Net Current Asset Value is €-2.90 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 Azerion Group NV (CHIX:AZRNA) Overvalued in 2026?
Based on GuruFocus' analysis, Azerion Group NV stock appears to be undervalued.
The current stock price of €2.86 is trading 39.5% below its estimated GF Value™ of €4.73.
Key valuation signals for CHIX:AZRNA:
Net Current Asset Value: €-2.90
GF Value™: €4.73 vs. price of €2.86 (39.5% below fair value)
No single metric tells the full story. See the CHIX:AZRNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azerion Group NV is engaged in providing a digital entertainment and media platform. The company is engaged in providing technology solutions to automate the purchase and sale of digital advertising inventory for advertisers, publishers, and game creators as well as developing, publishing, distributing, and operating online social and casual games and digital content. The group's reportable segment is Platform segment that includes Azerion's digital advertising platform and its owned and operated AAA Game Distribution e-retailer platform, which are integrated through the Group's technology.
40GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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