Rational AGCHIX:RAAD 91 Net Current Asset Value is €62.38 as of Mar. 2026, which is 100% below its 10-year median of 20.02. GuruFocus rates CHIX:RAAD with a GF Score™ of 91/100 and a GF Value™ of €811.36. The stock has 1 warning sign investors should review. Among 2,217 Industrial Products companies, Rational AG ranks worse than 69.37% 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).
Rational AG's net current asset value per share for the quarter that ended in Mar. 2026 was €62.38.
The historical rank and industry rank for Rational AG's Net Current Asset Value or its related term are showing as below:
CHIX:RAAd'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.97 Med: 20.02 Max: 30.02
Current: 10.36
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rational AG was 30.02. The lowest was 9.97. And the median was 20.02.
CHIX:RAAd's Price-to-Net-Current-Asset-Value is ranked worse than 69.37% of 2217
companies
in the Industrial Products industry
Industry Median: 5.5
vs CHIX:RAAd: 10.36
Rational AG (CHIX:RAAd) 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.
Rational AG Net Current Asset Value Related Terms
Rational AG Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Rational 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.
CHIX:RAAD vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Rational 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.
Rational AG Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Rational AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Rational 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 €62.38 mean?
Rational AG (CHIX:RAAD) has a Net Current Asset Value of €62.38 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 Rational AG and its competitors. This is 212% above median its historical median of 20.02. Over the past decade, Rational AG's Net Current Asset Value has ranged from 9.97 to 30.02. According to the industry distribution chart, Rational AG ranks #1538 out of 2217 companies in the Industrial Products industry, placing it in the top 69.4%.
Is Rational AG's Net Current Asset Value too high?
Rational AG's current Net Current Asset Value of €62.38 is 212% above median its 10-year median of 20.02. Over the past 10 years, this metric has ranged from a low of 9.97 to a high of 30.02. Based on the distribution chart, Rational AG ranks #1538 out of 2217 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Rational AG has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Rational AG's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Rational AG ranks #1538 out of 2217 companies for Net Current Asset Value. This places Rational AG in the lower half of its industry. The industry median Net Current Asset Value is 5.50. Historically, Rational AG's own Net Current Asset Value has ranged from 9.97 to 30.02 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.50, based on 2,217 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 Rational AG and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rational AG's current Net Current Asset Value is €62.38, which is 212% above median its own 10-year median of 20.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rational AG stock overvalued right now?
Rational AG (CHIX:RAAD) has a current Net Current Asset Value of €62.38. The stock's GF Value™ is €811.36, compared to a current price of €663.25 — trading 18.3% below its estimated fair value. The current Net Current Asset Value is €62.38, which is 212% above median its 10-year median of 20.02. Rational AG's overall GF Score™ is 91/100 with 1 warning sign 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 Rational AG (CHIX:RAAD), the current Net Current Asset Value is €62.38 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 Rational AG (CHIX:RAAD) Overvalued in 2026?
Based on GuruFocus' analysis, Rational AG stock appears to be undervalued.
The current stock price of €663.25 is trading 18.3% below its estimated GF Value™ of €811.36.
Key valuation signals for CHIX:RAAD:
Net Current Asset Value: €62.38 (212% above median its 10-year median of 20.02)
GF Value™: €811.36 vs. price of €663.25 (18.3% below fair value)
No single metric tells the full story. See the CHIX:RAAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 160 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
91GF Score
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