Bosideng International HoldingsFRA:3BD +1.41%73 Net Current Asset Value is €0.08 as of Sep. 2025, which is 100% below its 10-year median of 5.27. GuruFocus rates FRA:3BD with a GF Score™ of 73/100 and a GF Value™ of €0.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 628 Manufacturing - Apparel & Accessories companies, Bosideng International Holdings ranks worse than 64.17% 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 Bosideng International Holdings's Net Current Asset Value or its related term are showing as below:
FRA:3BD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.91 Med: 5.27 Max: 10.07
Current: 4.59
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bosideng International Holdings was 10.07. The lowest was 0.91. And the median was 5.27.
FRA:3BD's Price-to-Net-Current-Asset-Value is ranked worse than 64.17% of 628
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.97
vs FRA:3BD: 4.59
Bosideng International Holdings (FRA:3BD) 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.
Bosideng International Holdings Net Current Asset Value Related Terms
Bosideng International Holdings 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.
Bosideng International Holdings Net Current Asset Value Chart
FRA:3BD vs RL, LEVI, VFC: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, Bosideng International Holdings'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.
Bosideng International Holdings Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bosideng International Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bosideng International Holdings'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 €0.08 mean?
Bosideng International Holdings (FRA:3BD) has a Net Current Asset Value of €0.08 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bosideng International Holdings and its competitors. This is 98% below median its historical median of 5.27. Over the past decade, Bosideng International Holdings' Net Current Asset Value has ranged from 0.91 to 10.07. According to the industry distribution chart, Bosideng International Holdings ranks #403 out of 628 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.2%.
Is Bosideng International Holdings' Net Current Asset Value too high?
Bosideng International Holdings' current Net Current Asset Value of €0.08 is 98% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 10.07. Based on the distribution chart, Bosideng International Holdings ranks #403 out of 628 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bosideng International Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bosideng International Holdings' Net Current Asset Value compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bosideng International Holdings ranks #403 out of 628 companies for Net Current Asset Value. This places Bosideng International Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, Bosideng International Holdings' own Net Current Asset Value has ranged from 0.91 to 10.07 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.97, based on 628 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 Bosideng International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bosideng International Holdings's current Net Current Asset Value is €0.08, which is 98% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bosideng International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bosideng International Holdings (FRA:3BD) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.57, compared to a current price of €0.51 — trading 11.4% below its estimated fair value. The current Net Current Asset Value is €0.08, which is 98% below median its 10-year median of 5.27. Bosideng International Holdings' overall GF Score™ is 73/100 with 5 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 Bosideng International Holdings (FRA:3BD), the current Net Current Asset Value is €0.08 as of Sep. 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 Bosideng International Holdings (FRA:3BD) Overvalued in 2026?
Based on GuruFocus' analysis, Bosideng International Holdings stock appears to be undervalued.
The current stock price of €0.51 is trading 11.4% below its estimated GF Value™ of €0.57.
GuruFocus considers Bosideng International Holdings to be Modestly Undervalued.
Key valuation signals for FRA:3BD:
Net Current Asset Value: €0.08 (98% below median its 10-year median of 5.27)
GF Value™: €0.57 vs. price of €0.51 (11.4% below fair value)
No single metric tells the full story. See the FRA:3BD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bosideng International Holdings Business Description
Bosideng is the largest down apparel firm in China. The company operates several brands with different market positionings. Among them, its namesake Bosideng brand targets the mid to high-end segment, Snow Flying serves the mass market, and Bogner caters to the luxury segment. The firm also owns over 30% stake in Moose Knuckle, a Canadian luxury brand. As of March 2025, Bosideng has 3,470 retail locations across China, including 1,524 self-operated stores. In addition to its core business, Bosideng distributes ladieswear and provides OEM services to other brands, leveraging its supply chain strength.
73GF Score
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