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).
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Controladora Vuela Compania de AviacionB de CV was 429.25. The lowest was 60.29. And the median was 64.60.
FRA:2CD's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.06 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Controladora Vuela Compania de AviacionB de CV (FRA:2CD) 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.
Controladora Vuela Compania de AviacionB de CV Net Current Asset Value Related Terms
Controladora Vuela Compania de AviacionB de CV 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.
Controladora Vuela Compania de AviacionB de CV Net Current Asset Value Chart
Controladora Vuela Compania de AviacionB de CV Annual Data
FRA:2CD vs DAL, UAL, LUV: Net Current Asset Value Comparison
For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.
Controladora Vuela Compania de AviacionB de CV Price-to-Net-Current-Asset-Value vs Transportation Industry
* 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 €-3.05 mean?
Controladora Vuela Compania de AviacionB de CV (FRA:2CD) has a Net Current Asset Value of €-3.05 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 Controladora Vuela Compania de AviacionB de CV and its competitors. Over the past decade, Controladora Vuela Compania de AviacionB de CV's Net Current Asset Value has ranged from 60.29 to 429.25. According to the industry distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 359 companies in the Transportation industry.
Is Controladora Vuela Compania de AviacionB de CV's Net Current Asset Value too high?
Controladora Vuela Compania de AviacionB de CV's current Net Current Asset Value is €-3.05. Over the past 10 years, this metric has ranged from a low of 60.29 to a high of 429.25. Based on the distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Controladora Vuela Compania de AviacionB de CV has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Controladora Vuela Compania de AviacionB de CV's Net Current Asset Value compare to DAL and UAL?
According to the Transportation industry distribution chart, Controladora Vuela Compania de AviacionB de CV ranks #999999 out of 359 companies for Net Current Asset Value. This places Controladora Vuela Compania de AviacionB de CV in the lower half of its industry. The industry median Net Current Asset Value is 4.06. Historically, Controladora Vuela Compania de AviacionB de CV's own Net Current Asset Value has ranged from 60.29 to 429.25 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.06, based on 359 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 Controladora Vuela Compania de AviacionB de CV and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Controladora Vuela Compania de AviacionB de CV's current Net Current Asset Value is €-3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Controladora Vuela Compania de AviacionB de CV stock overvalued right now?
Based on GuruFocus' analysis, Controladora Vuela Compania de AviacionB de CV (FRA:2CD) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.65, compared to a current price of €0.79 — trading 21.8% above its estimated fair value. The current Net Current Asset Value is €-3.05. Controladora Vuela Compania de AviacionB de CV's overall GF Score™ is 43/100 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 Controladora Vuela Compania de AviacionB de CV (FRA:2CD), the current Net Current Asset Value is €-3.05 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 Controladora Vuela Compania de AviacionB de CV (FRA:2CD) Overvalued in 2026?
Based on GuruFocus' analysis, Controladora Vuela Compania de AviacionB de CV stock appears to be overvalued.
The current stock price of €0.79 is trading 21.8% above its estimated GF Value™ of €0.65.
GuruFocus considers Controladora Vuela Compania de AviacionB de CV to be Modestly Overvalued.
Key valuation signals for FRA:2CD:
Net Current Asset Value: €-3.05
GF Value™: €0.65 vs. price of €0.79 (21.8% above fair value)
No single metric tells the full story. See the FRA:2CD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Controladora Vuela Compania de AviacionB de CV Business Description
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central, and South America. It uses promotional fares to stimulate demand, and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires on the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger services and cargo services. The Company has two geographic areas identified as domestic (Mexico) and international (United States of America, Central America, and South America).
43GF Score
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