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Marie Brizard Wine and SpiritsFRA:BED 65 Net Current Asset Value is €0.80 as of Dec. 2025, which is 100% below its 10-year median of 3.74. GuruFocus rates FRA:BED with a GF Score™ of 65/100 and a GF Value™ of €2.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Marie Brizard Wine and Spirits ranks better than 59.32% 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 Marie Brizard Wine and Spirits's Net Current Asset Value or its related term are showing as below:
FRA:BED'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.3 Med: 3.74 Max: 28.48
Current: 3.7
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Marie Brizard Wine and Spirits was 28.48. The lowest was 2.30. And the median was 3.74.
FRA:BED's Price-to-Net-Current-Asset-Value is ranked better than 59.32% of 118
companies
in the Beverages - Alcoholic industry
Industry Median: 5.45
vs FRA:BED: 3.70
Marie Brizard Wine and Spirits (FRA:BED) 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.
Marie Brizard Wine and Spirits Net Current Asset Value Related Terms
Marie Brizard Wine and Spirits 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.
Marie Brizard Wine and Spirits Net Current Asset Value Chart
FRA:BED vs BF.B: Net Current Asset Value Comparison
For the Beverages - Wineries & Distilleries subindustry, Marie Brizard Wine and Spirits'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.
Marie Brizard Wine and Spirits Price-to-Net-Current-Asset-Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Marie Brizard Wine and Spirits's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Marie Brizard Wine and Spirits'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 €0.80 mean?
Marie Brizard Wine and Spirits (FRA:BED) has a Net Current Asset Value of €0.80 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 Marie Brizard Wine and Spirits and its competitors. This is 79% below median its historical median of 3.74. Over the past decade, Marie Brizard Wine and Spirits' Net Current Asset Value has ranged from 2.30 to 28.48. According to the industry distribution chart, Marie Brizard Wine and Spirits ranks #48 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 40.7%.
Is Marie Brizard Wine and Spirits' Net Current Asset Value too high?
Marie Brizard Wine and Spirits' current Net Current Asset Value of €0.80 is 79% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 28.48. Based on the distribution chart, Marie Brizard Wine and Spirits ranks #48 out of 118 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Marie Brizard Wine and Spirits has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marie Brizard Wine and Spirits' Net Current Asset Value compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Marie Brizard Wine and Spirits ranks #48 out of 118 companies for Net Current Asset Value. This puts Marie Brizard Wine and Spirits in the upper half of its industry. The industry median Net Current Asset Value is 5.45. Historically, Marie Brizard Wine and Spirits' own Net Current Asset Value has ranged from 2.30 to 28.48 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 Beverages - Alcoholic company?
The median Net Current Asset Value among Beverages - Alcoholic companies is 5.45, based on 118 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 Marie Brizard Wine and Spirits and its competitors. For the Beverages - Alcoholic industry, the median Net Current Asset Value is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marie Brizard Wine and Spirits's current Net Current Asset Value is €0.80, which is 79% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marie Brizard Wine and Spirits stock overvalued right now?
Based on GuruFocus' analysis, Marie Brizard Wine and Spirits (FRA:BED) is currently considered Fairly Valued. The stock's GF Value™ is €2.71, compared to a current price of €2.92 — trading 7.7% above its estimated fair value. The current Net Current Asset Value is €0.80, which is 79% below median its 10-year median of 3.74. Marie Brizard Wine and Spirits' overall GF Score™ is 65/100 with 2 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 Marie Brizard Wine and Spirits (FRA:BED), the current Net Current Asset Value is €0.80 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 Marie Brizard Wine and Spirits (FRA:BED) Overvalued in 2026?
Based on GuruFocus' analysis, Marie Brizard Wine and Spirits stock appears to be overvalued.
The current stock price of €2.92 is trading 7.7% above its estimated GF Value™ of €2.71.
GuruFocus considers Marie Brizard Wine and Spirits to be Fairly Valued.
Key valuation signals for FRA:BED:
Net Current Asset Value: €0.80 (79% below median its 10-year median of 3.74)
GF Value™: €2.71 vs. price of €2.92 (7.7% above fair value)
No single metric tells the full story. See the FRA:BED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marie Brizard Wine and Spirits Business Description
Marie Brizard Wine and Spirits SA is a France-based company which operates as a wine and spirit company worldwide. It offers mainly scotch whiskey under the William Peel brand, vodka under the Sobieski brand, wine-based beverages under the Fruits and Wine brand, and Marie Brizard branded French liqueurs.
65GF Score
Get the complete analysis for FRA:BED
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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