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 Cyrela Brazil Realty Empreend e Part's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cyrela Brazil Realty Empreend e Part was 3070.00. The lowest was 1.82. And the median was 13.46.
CYRBY's Price-to-Net-Current-Asset-Value is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 1.54 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Cyrela Brazil Realty Empreend e Part (OTCPK:CYRBY) 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.
Cyrela Brazil Realty Empreend e Part Net Current Asset Value Related Terms
Cyrela Brazil Realty Empreend e Part 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.
Cyrela Brazil Realty Empreend e Part Net Current Asset Value Chart
CYRBY vs DHI, PHM, LEN: Net Current Asset Value Comparison
For the Residential Construction subindustry, Cyrela Brazil Realty Empreend e Part'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.
Cyrela Brazil Realty Empreend e Part Price-to-Net-Current-Asset-Value vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Cyrela Brazil Realty Empreend e Part's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cyrela Brazil Realty Empreend e Part'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 $-0.50 mean?
Cyrela Brazil Realty Empreend e Part (CYRBY) has a Net Current Asset Value of $-0.50 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 Cyrela Brazil Realty Empreend e Part and its competitors. Over the past decade, Cyrela Brazil Realty Empreend e Part's Net Current Asset Value has ranged from 1.82 to 3,070.00. According to the industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #999999 out of 71 companies in the Homebuilding & Construction industry.
Is Cyrela Brazil Realty Empreend e Part's Net Current Asset Value too high?
Cyrela Brazil Realty Empreend e Part's current Net Current Asset Value is $-0.50. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 3,070.00. Based on the distribution chart, Cyrela Brazil Realty Empreend e Part ranks #999999 out of 71 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Cyrela Brazil Realty Empreend e Part has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cyrela Brazil Realty Empreend e Part's Net Current Asset Value compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #999999 out of 71 companies for Net Current Asset Value. This places Cyrela Brazil Realty Empreend e Part in the lower half of its industry. The industry median Net Current Asset Value is 1.54. Historically, Cyrela Brazil Realty Empreend e Part's own Net Current Asset Value has ranged from 1.82 to 3,070.00 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 Homebuilding & Construction company?
The median Net Current Asset Value among Homebuilding & Construction companies is 1.54, based on 71 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 Cyrela Brazil Realty Empreend e Part and its competitors. For the Homebuilding & Construction industry, the median Net Current Asset Value is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyrela Brazil Realty Empreend e Part's current Net Current Asset Value is $-0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyrela Brazil Realty Empreend e Part stock overvalued right now?
Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part (CYRBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.60, compared to a current price of $4.55 — trading 18.8% below its estimated fair value. The current Net Current Asset Value is $-0.50. Cyrela Brazil Realty Empreend e Part's overall GF Score™ is 87/100 with 6 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 Cyrela Brazil Realty Empreend e Part (CYRBY), the current Net Current Asset Value is $-0.50 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 Cyrela Brazil Realty Empreend e Part (CYRBY) Overvalued in 2026?
Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part stock appears to be undervalued.
The current stock price of $4.55 is trading 18.8% below its estimated GF Value™ of $5.60.
GuruFocus considers Cyrela Brazil Realty Empreend e Part to be Modestly Undervalued.
Key valuation signals for CYRBY:
Net Current Asset Value: $-0.50
GF Value™: $5.60 vs. price of $4.55 (18.8% below fair value)
No single metric tells the full story. See the CYRBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cyrela Brazil Realty Empreend e Part Business Description
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, MCMV segment includes real estate projects defined by the Launch Committee as Minha Casa, Minha Vida, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.
87GF Score
Get the complete analysis for CYRBY
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
CYRBY has been successfully added to your 
