Genting Singapore (FRA:36T) Net Current Asset Value: €0.14 (As of Dec. 2025) — 96% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:36T Genting Singapore Ltd FRA:36T
63 GF Score
Price €0.40
GF Value €0.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Genting Singapore Net Current Asset Value?

Genting Singapore FRA:36T -0.50% 63 Net Current Asset Value is €0.14 as of Dec. 2025, which is 100% below its 10-year median of 3.76. GuruFocus rates FRA:36T with a GF Score™ of 63/100 and a GF Value™ of €0.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 309 Travel & Leisure companies, Genting Singapore ranks better than 62.46% 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).

Genting Singapore's net current asset value per share for the quarter that ended in Dec. 2025 was €0.14.

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

FRA:36T' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.74   Med: 3.76   Max: 8.19
Current: 2.86

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Genting Singapore was 8.19. The lowest was 2.74. And the median was 3.76.

FRA:36T's Price-to-Net-Current-Asset-Value is ranked better than
62.46% of 309 companies
in the Travel & Leisure industry
Industry Median: 4.05 vs FRA:36T: 2.86

Genting Singapore  (FRA:36T) 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.


Genting Singapore Net Current Asset Value Related Terms


Genting Singapore Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Genting Singapore'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.

Genting Singapore Net Current Asset Value Chart

Genting Singapore 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 0.14 0.16 0.17 0.17 0.14

Genting Singapore 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 0.17 0.18 0.17 0.15 0.14

FRA:36T vs LVS, MGM, WYNN: Net Current Asset Value Comparison

For the Resorts & Casinos subindustry, Genting Singapore'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.


Genting Singapore Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Singapore's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


FRA:36T
63GF Score
Genting Singapore Ltd FRA:36T
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genting Singapore Net Current Asset Value Calculation

Genting Singapore'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)
=(2316.613-648.677-0-0)/12085.905
=0.14

Genting Singapore'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)
=(2316.613-648.677-0-0)/12085.905
=0.14

* 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 €0.14 mean?
Genting Singapore (FRA:36T) has a Net Current Asset Value of €0.14 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 Genting Singapore and its competitors. This is 96% below median its historical median of 3.76. Over the past decade, Genting Singapore's Net Current Asset Value has ranged from 2.74 to 8.19. According to the industry distribution chart, Genting Singapore ranks #116 out of 309 companies in the Travel & Leisure industry, placing it in the top 37.5%.
Is Genting Singapore's Net Current Asset Value too high?
Genting Singapore's current Net Current Asset Value of €0.14 is 96% below median its 10-year median of 3.76. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 8.19. Based on the distribution chart, Genting Singapore ranks #116 out of 309 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Genting Singapore has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genting Singapore's Net Current Asset Value compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Genting Singapore ranks #116 out of 309 companies for Net Current Asset Value. This puts Genting Singapore in the upper half of its industry. The industry median Net Current Asset Value is 4.05. Historically, Genting Singapore's own Net Current Asset Value has ranged from 2.74 to 8.19 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.05, based on 309 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 Genting Singapore and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genting Singapore's current Net Current Asset Value is €0.14, which is 96% below median its own 10-year median of 3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genting Singapore stock overvalued right now?
Based on GuruFocus' analysis, Genting Singapore (FRA:36T) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.53, compared to a current price of €0.40 — trading 24.5% below its estimated fair value. The current Net Current Asset Value is €0.14, which is 96% below median its 10-year median of 3.76. Genting Singapore's overall GF Score™ is 63/100 with 3 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 Genting Singapore (FRA:36T), the current Net Current Asset Value is €0.14 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 Genting Singapore (FRA:36T) Overvalued in 2026?

Based on GuruFocus' analysis, Genting Singapore stock appears to be undervalued. The current stock price of €0.40 is trading 24.5% below its estimated GF Value™ of €0.53. GuruFocus considers Genting Singapore to be Modestly Undervalued.

Key valuation signals for FRA:36T:

  • Net Current Asset Value: €0.14 (96% below median its 10-year median of 3.76)
  • GF Value™: €0.53 vs. price of €0.40 (24.5% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the FRA:36T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Genting Singapore Business Description

Address 10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270
Genting Singapore is a leading integrated resort operator that operates Resorts World Sentosa, one of two integrated resorts in Singapore. Opened in 2010, RWS features a casino, Universal Studios Singapore theme park, the Singapore Oceanarium, Adventure Cove Waterpark, MICE (meetings, incentives, conventions, and exhibitions) facilities, luxury hotels, Michelin-starred restaurants, and specialty retail outlets. The firm is 52.5% owned by Genting Group, which has over 50 years of experience in the global leisure and gaming industry.
63GF Score

Get the complete analysis for FRA:36T

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.40
Price
€0.53
GF Value