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Cognizant Technology SolutionsCTSH -0.06%82 Net Current Asset Value is $5.07 as of Mar. 2026, which is 67% below its 10-year median of 15.45. GuruFocus rates CTSH with a GF Score™ of 82/100 and a GF Value™ of $84.13 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,759 Software companies, Cognizant Technology Solutions ranks worse than 68.73% 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 Cognizant Technology Solutions's Net Current Asset Value or its related term are showing as below:
CTSH'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.06 Med: 15.45 Max: 56.91
Current: 8.54
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cognizant Technology Solutions was 56.91. The lowest was 6.06. And the median was 15.45.
CTSH's Price-to-Net-Current-Asset-Value is ranked worse than 68.73% of 1759
companies
in the Software industry
Industry Median: 4.78
vs CTSH: 8.54
Cognizant Technology Solutions (NAS:CTSH) 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.
Cognizant Technology Solutions Net Current Asset Value Related Terms
Cognizant Technology Solutions 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.
Cognizant Technology Solutions Net Current Asset Value Chart
CTSH vs FIS, CDW, BR: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Cognizant Technology Solutions'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.
Cognizant Technology Solutions Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Cognizant Technology Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cognizant Technology Solutions'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 $5.07 mean?
Cognizant Technology Solutions (CTSH) has a Net Current Asset Value of $5.07 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 Cognizant Technology Solutions and its competitors. This is 67% below median its historical median of 15.45. Over the past decade, Cognizant Technology Solutions' Net Current Asset Value has ranged from 6.06 to 56.91. According to the industry distribution chart, Cognizant Technology Solutions ranks #1209 out of 1759 companies in the Software industry, placing it in the top 68.7%.
Is Cognizant Technology Solutions' Net Current Asset Value too high?
Cognizant Technology Solutions' current Net Current Asset Value of $5.07 is 67% below median its 10-year median of 15.45. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 56.91. The Software industry median Net Current Asset Value is 4.78. Cognizant Technology Solutions' value of $5.07 is 6.1% above this industry median. Based on the distribution chart, Cognizant Technology Solutions ranks #1209 out of 1759 companies in the Software industry, which is below the industry midpoint. Overall, Cognizant Technology Solutions has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cognizant Technology Solutions' Net Current Asset Value compare to FIS and CDW?
According to the Software industry distribution chart, Cognizant Technology Solutions ranks #1209 out of 1759 companies for Net Current Asset Value. This places Cognizant Technology Solutions in the lower half of its industry. The industry median Net Current Asset Value is 4.78. Cognizant Technology Solutions' value of $5.07 is 6.1% above this benchmark. Historically, Cognizant Technology Solutions' own Net Current Asset Value has ranged from 6.06 to 56.91 over the past decade. While the company's 10-year median is 15.45 vs. the industry median of 4.78, Cognizant Technology Solutions has consistently been above 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 1,759 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. Cognizant Technology Solutions's current Net Current Asset Value of $5.07 is 6.1% above 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 Cognizant Technology Solutions 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. Cognizant Technology Solutions's current Net Current Asset Value is $5.07, which is 67% below median its own 10-year median of 15.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognizant Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Cognizant Technology Solutions (CTSH) is currently considered Significantly Undervalued. The stock's GF Value™ is $84.13, compared to a current price of $43.15 — trading 48.7% below its estimated fair value. The current Net Current Asset Value is $5.07, which is 67% below median its 10-year median of 15.45 and 6.1% above the Software industry median of 4.78. Cognizant Technology Solutions' overall GF Score™ is 82/100 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 Cognizant Technology Solutions (CTSH), the current Net Current Asset Value is $5.07 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 Cognizant Technology Solutions (CTSH) Overvalued in 2026?
Based on GuruFocus' analysis, Cognizant Technology Solutions stock appears to be undervalued.
The current stock price of $43.15 is trading 48.7% below its estimated GF Value™ of $84.13.
GuruFocus considers Cognizant Technology Solutions to be Significantly Undervalued.
Key valuation signals for CTSH:
Net Current Asset Value: $5.07 (67% below median its 10-year median of 15.45)
GF Value™: $84.13 vs. price of $43.15 (48.7% below fair value)
Industry Position: 6.1% above the Software median (#1209 of 1759)
No single metric tells the full story. See the CTSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cognizant Technology Solutions Business Description
Cognizant Technology Solutions is a multinational IT services provider that offers a range of consulting and business process outsourcing services. Originally founded in India, the company is headquartered in the US and serves enterprise customers spanning the financial services, healthcare, and resources industries. With most of its workforce located in India, Cognizant leverages a global delivery model that helps clients outsource their IT needs to offshore labor.
82GF Score
Get the complete analysis for CTSH
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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