Titan MachineryFRA:3TY 63 Net Current Asset Value is €1.33 as of Apr. 2026, which is 100% below its 10-year median of 2.97. GuruFocus rates FRA:3TY with a GF Score™ of 63/100 and a GF Value™ of €14.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 104 Industrial Distribution companies, Titan Machinery ranks worse than 85.58% 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).
Titan Machinery's net current asset value per share for the quarter that ended in Apr. 2026 was €1.33.
The historical rank and industry rank for Titan Machinery's Net Current Asset Value or its related term are showing as below:
FRA:3TY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.3 Med: 2.97 Max: 13.4
Current: 12.89
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Titan Machinery was 13.40. The lowest was 1.30. And the median was 2.97.
FRA:3TY's Price-to-Net-Current-Asset-Value is ranked worse than 85.58% of 104
companies
in the Industrial Distribution industry
Industry Median: 2.655
vs FRA:3TY: 12.89
Titan Machinery (FRA:3TY) 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.
Titan Machinery Net Current Asset Value Related Terms
Titan Machinery Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Titan Machinery'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.
FRA:3TY vs BXC, EVI, TLIH: Net Current Asset Value Comparison
For the Industrial Distribution subindustry, Titan Machinery'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.
Titan Machinery Price-to-Net-Current-Asset-Value vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Titan Machinery's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Titan Machinery'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 €1.33 mean?
Titan Machinery (FRA:3TY) has a Net Current Asset Value of €1.33 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Titan Machinery and its competitors. This is 55% below median its historical median of 2.97. Over the past decade, Titan Machinery's Net Current Asset Value has ranged from 1.30 to 13.40. According to the industry distribution chart, Titan Machinery ranks #89 out of 104 companies in the Industrial Distribution industry, placing it in the top 85.6%.
Is Titan Machinery's Net Current Asset Value too high?
Titan Machinery's current Net Current Asset Value of €1.33 is 55% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 13.40. Based on the distribution chart, Titan Machinery ranks #89 out of 104 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Titan Machinery has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Titan Machinery's Net Current Asset Value compare to BXC and EVI?
According to the Industrial Distribution industry distribution chart, Titan Machinery ranks #89 out of 104 companies for Net Current Asset Value. This places Titan Machinery in the lower half of its industry. The industry median Net Current Asset Value is 2.66. Historically, Titan Machinery's own Net Current Asset Value has ranged from 1.30 to 13.40 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 an Industrial Distribution company?
The median Net Current Asset Value among Industrial Distribution companies is 2.66, based on 104 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 Titan Machinery and its competitors. For the Industrial Distribution industry, the median Net Current Asset Value is 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan Machinery's current Net Current Asset Value is €1.33, which is 55% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan Machinery stock overvalued right now?
Based on GuruFocus' analysis, Titan Machinery (FRA:3TY) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.87, compared to a current price of €17.50 — trading 17.7% above its estimated fair value. The current Net Current Asset Value is €1.33, which is 55% below median its 10-year median of 2.97. Titan Machinery's overall GF Score™ is 63/100 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 Titan Machinery (FRA:3TY), the current Net Current Asset Value is €1.33 as of Apr. 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 Titan Machinery (FRA:3TY) Overvalued in 2026?
Based on GuruFocus' analysis, Titan Machinery stock appears to be overvalued.
The current stock price of €17.50 is trading 17.7% above its estimated GF Value™ of €14.87.
GuruFocus considers Titan Machinery to be Modestly Overvalued.
Key valuation signals for FRA:3TY:
Net Current Asset Value: €1.33 (55% below median its 10-year median of 2.97)
GF Value™: €14.87 vs. price of €17.50 (17.7% above fair value)
No single metric tells the full story. See the FRA:3TY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the Europe and Australia segments.
63GF Score
Get the complete analysis for FRA:3TY
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
FRA:3TY has been successfully added to your 
