GPI SpA (CHIX:GPIM) Net Current Asset Value: €-7.44 (As of Dec. 2025)


CHIX:GPIM GPI SpA CHIX:GPIM
78 GF Score
Price €17.00
GF Value €18.64
! 4 Warning Signs
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What is GPI SpA Net Current Asset Value?

GPI SpA CHIX:GPIM 78 Net Current Asset Value is €-7.44 as of Dec. 2025. GuruFocus rates CHIX:GPIM with a GF Score™ of 78/100 and a GF Value™ of €18.64. The stock has 4 warning signs investors should review. Among 275 Healthcare Providers & Services companies, GPI SpA ranks worse than 363636% 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).

GPI SpA's net current asset value per share for the quarter that ended in Dec. 2025 was €-7.44.

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

CHIX:GPIm's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 5.91
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

GPI SpA  (CHIX:GPIm) 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.


GPI SpA Net Current Asset Value Related Terms


GPI SpA Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for GPI SpA'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.

GPI SpA Net Current Asset Value Chart

GPI SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.86 -1.05 -8.30 -6.09 -7.44

GPI SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -8.30 -6.07 -6.09 -6.57 -7.44

CHIX:GPIM vs VEEV, BTSG, TEM: Net Current Asset Value Comparison

For the Health Information Services subindustry, GPI SpA'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.


GPI SpA Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, GPI SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


CHIX:GPIM
78GF Score
GPI SpA CHIX:GPIM
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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GPI SpA Net Current Asset Value Calculation

GPI SpA'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)
=(567.973-786.2--3.43-0)/28.889
=-7.44

GPI SpA's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(567.973-786.2--3.43-0)/28.889
=-7.44

* 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 €-7.44 mean?
GPI SpA (CHIX:GPIM) has a Net Current Asset Value of €-7.44 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 GPI SpA and its competitors. According to the industry distribution chart, GPI SpA ranks #999999 out of 275 companies in the Healthcare Providers & Services industry.
Is GPI SpA's Net Current Asset Value too high?
GPI SpA's current Net Current Asset Value is €-7.44. Based on the distribution chart, GPI SpA ranks #999999 out of 275 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, GPI SpA has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does GPI SpA's Net Current Asset Value compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, GPI SpA ranks #999999 out of 275 companies for Net Current Asset Value. This places GPI SpA in the lower half of its industry. The industry median Net Current Asset Value is 5.91. 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 5.91, based on 275 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 GPI SpA and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GPI SpA's current Net Current Asset Value is €-7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPI SpA stock overvalued right now?
GPI SpA (CHIX:GPIM) has a current Net Current Asset Value of €-7.44. The stock's GF Value™ is €18.64, compared to a current price of €17.00 — trading 8.8% below its estimated fair value. The current Net Current Asset Value is €-7.44. GPI SpA's overall GF Score™ is 78/100 with 4 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 GPI SpA (CHIX:GPIM), the current Net Current Asset Value is €-7.44 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 GPI SpA (CHIX:GPIM) Overvalued in 2026?

Based on GuruFocus' analysis, GPI SpA stock appears to be undervalued. The current stock price of €17.00 is trading 8.8% below its estimated GF Value™ of €18.64.

Key valuation signals for CHIX:GPIM:

  • Net Current Asset Value: €-7.44
  • GF Value™: €18.64 vs. price of €17.00 (8.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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


GPI SpA Business Description

Other Exchanges GPI:Italy
Address Via Ragazzi del 99, 13, Trento, ITA, 38123
GPI SpA operates in the field of social-healthcare IT services and hi-tech services for health. It provides services in the areas of IT systems, healthcare, pharmacy logistics, electronic payment solutions, and ICT infrastructures and systemic services.
78GF 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.

€17.00
Price
€18.64
GF Value