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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 Telelink Business Services Group AD's Net Current Asset Value or its related term are showing as below:
FRA:9WK'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 16.83 Med: 120.91 Max: 1130
Current: 21.03
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Telelink Business Services Group AD was 1130.00. The lowest was 16.83. And the median was 120.91.
FRA:9WK's Price-to-Net-Current-Asset-Value is ranked worse than 87.07% of 1755
companies
in the Software industry
Industry Median: 4.83
vs FRA:9WK: 21.03
Telelink Business Services Group AD (FRA:9WK) 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.
Telelink Business Services Group AD Net Current Asset Value Related Terms
Telelink Business Services Group AD 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.
Telelink Business Services Group AD Net Current Asset Value Chart
FRA:9WK vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Telelink Business Services Group AD'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.
Telelink Business Services Group AD Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Telelink Business Services Group AD's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Telelink Business Services Group AD'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 €0.30 mean?
Telelink Business Services Group AD (FRA:9WK) has a Net Current Asset Value of €0.30 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 Telelink Business Services Group AD and its competitors. This is 100% below median its historical median of 120.91. Over the past decade, Telelink Business Services Group AD's Net Current Asset Value has ranged from 16.83 to 1,130.00. According to the industry distribution chart, Telelink Business Services Group AD ranks #1528 out of 1755 companies in the Software industry, placing it in the top 87.1%.
Is Telelink Business Services Group AD's Net Current Asset Value too high?
Telelink Business Services Group AD's current Net Current Asset Value of €0.30 is 100% below median its 10-year median of 120.91. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 1,130.00. Based on the distribution chart, Telelink Business Services Group AD ranks #1528 out of 1755 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Telelink Business Services Group AD has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Telelink Business Services Group AD's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Telelink Business Services Group AD ranks #1528 out of 1755 companies for Net Current Asset Value. This places Telelink Business Services Group AD in the lower half of its industry. The industry median Net Current Asset Value is 4.83. Historically, Telelink Business Services Group AD's own Net Current Asset Value has ranged from 16.83 to 1,130.00 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 Software company?
The median Net Current Asset Value among Software companies is 4.83, based on 1,755 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 Telelink Business Services Group AD and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telelink Business Services Group AD's current Net Current Asset Value is €0.30, which is 100% below median its own 10-year median of 120.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telelink Business Services Group AD stock overvalued right now?
Telelink Business Services Group AD (FRA:9WK) has a current Net Current Asset Value of €0.30. The stock's GF Value™ is €13.68, compared to a current price of €6.10 — trading 55.4% below its estimated fair value. The current Net Current Asset Value is €0.30, which is 100% below median its 10-year median of 120.91. Telelink Business Services Group AD's overall GF Score™ is 79/100 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 Telelink Business Services Group AD (FRA:9WK), the current Net Current Asset Value is €0.30 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 Telelink Business Services Group AD (FRA:9WK) Overvalued in 2026?
Based on GuruFocus' analysis, Telelink Business Services Group AD stock appears to be undervalued.
The current stock price of €6.10 is trading 55.4% below its estimated GF Value™ of €13.68.
Key valuation signals for FRA:9WK:
Net Current Asset Value: €0.30 (100% below median its 10-year median of 120.91)
GF Value™: €13.68 vs. price of €6.10 (55.4% below fair value)
No single metric tells the full story. See the FRA:9WK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telelink Business Services Group AD provides system integration, connectivity, information security, cloud, and data solutions in the three main market segments: mobile telecommunications service providers, fixed telecommunications service providers, and large and mid-sized public and private organizations. Geographically, the company operates in Bulgaria ,Other European countries and Counties outside Europe.
79GF Score
Get the complete analysis for FRA:9WK
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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