Best Buy Co (FRA:BUY) Net Current Asset Value: €-12.45 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:BUY Best Buy Co Inc FRA:BUY
75 GF Score
Price €71.76
GF Value €62.85
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Best Buy Co Net Current Asset Value?

Best Buy Co FRA:BUY +3.46% 75 Net Current Asset Value is €-12.45 as of Apr. 2026. GuruFocus rates FRA:BUY with a GF Score™ of 75/100 and a GF Value™ of €62.85 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 557 Retail - Cyclical companies, Best Buy Co ranks worse than 179533.03% 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).

Best Buy Co's net current asset value per share for the quarter that ended in Apr. 2026 was €-12.45.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Best Buy Co was 80.56. The lowest was 10.12. And the median was 17.17.

FRA:BUY's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.02
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Best Buy Co  (FRA:BUY) 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.


Best Buy Co Net Current Asset Value Related Terms


Best Buy Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Best Buy Co'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.

Best Buy Co Net Current Asset Value Chart

Best Buy Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.34 -17.90 -17.12 -17.14 -13.03

Best Buy Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -15.92 -14.91 -14.56 -13.03 -12.45

FRA:BUY vs TSCO, ULTA, DKS: Net Current Asset Value Comparison

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best Buy Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Best Buy Co's Price-to-Net-Current-Asset-Value falls into.


FRA:BUY
75GF Score
Best Buy Co Inc FRA:BUY
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Best Buy Co Net Current Asset Value Calculation

Best Buy Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2026 is calculated as

Net Current Asset Value Per Share(A: Jan. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7236.904-9961.806-0-0)/209.100
=-13.03

Best Buy Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7472.7-10094.985-0-0)/210.700
=-12.45

* 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 €-12.45 mean?
Best Buy Co (FRA:BUY) has a Net Current Asset Value of €-12.45 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 Best Buy Co and its competitors. Over the past decade, Best Buy Co's Net Current Asset Value has ranged from 10.12 to 80.56. According to the industry distribution chart, Best Buy Co ranks #999999 out of 557 companies in the Retail - Cyclical industry.
Is Best Buy Co's Net Current Asset Value too high?
Best Buy Co's current Net Current Asset Value is €-12.45. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 80.56. Based on the distribution chart, Best Buy Co ranks #999999 out of 557 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Best Buy Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Best Buy Co's Net Current Asset Value compare to TSCO and ULTA?
According to the Retail - Cyclical industry distribution chart, Best Buy Co ranks #999999 out of 557 companies for Net Current Asset Value. This places Best Buy Co in the lower half of its industry. The industry median Net Current Asset Value is 3.02. Historically, Best Buy Co's own Net Current Asset Value has ranged from 10.12 to 80.56 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.02, based on 557 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 Best Buy Co and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Buy Co's current Net Current Asset Value is €-12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Buy Co stock overvalued right now?
Based on GuruFocus' analysis, Best Buy Co (FRA:BUY) is currently considered Modestly Overvalued. The stock's GF Value™ is €62.85, compared to a current price of €71.76 — trading 14.2% above its estimated fair value. The current Net Current Asset Value is €-12.45. Best Buy Co's overall GF Score™ is 75/100 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 Best Buy Co (FRA:BUY), the current Net Current Asset Value is €-12.45 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 Best Buy Co (FRA:BUY) Overvalued in 2026?

Based on GuruFocus' analysis, Best Buy Co stock appears to be overvalued. The current stock price of €71.76 is trading 14.2% above its estimated GF Value™ of €62.85. GuruFocus considers Best Buy Co to be Modestly Overvalued.

Key valuation signals for FRA:BUY:

  • Net Current Asset Value: €-12.45
  • GF Value™: €62.85 vs. price of €71.76 (14.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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


Best Buy Co Business Description

Address 7601 Penn Avenue South, Richfield, MN, USA, 55423
Best Buy Co Inc is a pure-play consumer electronics retailer in the USA. It has two reportable segments: Domestic and International. The Domestic and International segments have offerings in six revenue categories. Computing and Mobile Phones, Consumer Electronics, Appliances, Entertainment, Services, and Other. The company has approximately 1,068 stores throughout its Domestic and International segments. It also have vendor store-within-a-store concepts to allow closer vendor partnerships and a higher quality customer experience. The company generates majority of its revenue from the Domestic segment.
75GF Score

Get the complete analysis for FRA:BUY

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

€71.76
Price
€62.85
GF Value