Cherry SE (FRA:C3R) Net Current Asset Value: €-4.31 (As of Mar. 2026)


FRA:C3R Cherry SE FRA:C3R
46 GF Score
Price €1.25
GF Value €1.80
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cherry SE Net Current Asset Value?

Cherry SE FRA:C3R -2.95% 46 Net Current Asset Value is €-4.31 as of Mar. 2026. GuruFocus rates FRA:C3R with a GF Score™ of 46/100 and a GF Value™ of €1.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,846 Hardware companies, Cherry SE ranks worse than 54171.13% 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).

Cherry SE's net current asset value per share for the quarter that ended in Mar. 2026 was €-4.31.

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

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cherry SE was 72.83. The lowest was 6.87. And the median was 13.95.

FRA:C3R's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.53
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Cherry SE  (FRA:C3R) 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.


Cherry SE Net Current Asset Value Related Terms


Cherry SE Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Cherry SE'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.

Cherry SE Net Current Asset Value Chart

Cherry SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial -14.07 9.68 8.47 4.21 0.56

Cherry SE Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
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 0.56 -0.25 -0.50 -1.39 -4.31

FRA:C3R vs SNDK, DELL, STX: Net Current Asset Value Comparison

For the Computer Hardware subindustry, Cherry SE'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.


Cherry SE Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, Cherry SE's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Cherry SE's Price-to-Net-Current-Asset-Value falls into.


FRA:C3R
46GF Score
Cherry SE FRA:C3R
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherry SE Net Current Asset Value Calculation

Cherry SE's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(93.842-90.624-0-0)/5.797
=0.56

Cherry SE's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(52.384-78.54-0-0)/6.075
=-4.31

* 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 €-4.31 mean?
Cherry SE (FRA:C3R) has a Net Current Asset Value of €-4.31 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 Cherry SE and its competitors. Over the past decade, Cherry SE's Net Current Asset Value has ranged from 6.87 to 72.83. According to the industry distribution chart, Cherry SE ranks #999999 out of 1846 companies in the Hardware industry.
Is Cherry SE's Net Current Asset Value too high?
Cherry SE's current Net Current Asset Value is €-4.31. Over the past 10 years, this metric has ranged from a low of 6.87 to a high of 72.83. Based on the distribution chart, Cherry SE ranks #999999 out of 1846 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cherry SE has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cherry SE's Net Current Asset Value compare to SNDK and DELL?
According to the Hardware industry distribution chart, Cherry SE ranks #999999 out of 1846 companies for Net Current Asset Value. This places Cherry SE in the lower half of its industry. The industry median Net Current Asset Value is 5.53. Historically, Cherry SE's own Net Current Asset Value has ranged from 6.87 to 72.83 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.53, based on 1,846 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 Cherry SE and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherry SE's current Net Current Asset Value is €-4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry SE stock overvalued right now?
Based on GuruFocus' analysis, Cherry SE (FRA:C3R) is currently considered Possible Value Trap. The stock's GF Value™ is €1.80, compared to a current price of €1.25 — trading 30.6% below its estimated fair value. The current Net Current Asset Value is €-4.31. Cherry SE's overall GF Score™ is 46/100 with 3 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 Cherry SE (FRA:C3R), the current Net Current Asset Value is €-4.31 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 Cherry SE (FRA:C3R) Overvalued in 2026?

Based on GuruFocus' analysis, Cherry SE stock appears to be undervalued. The current stock price of €1.25 is trading 30.6% below its estimated GF Value™ of €1.80. GuruFocus considers Cherry SE to be Possible Value Trap.

Key valuation signals for FRA:C3R:

  • Net Current Asset Value: €-4.31
  • GF Value™: €1.80 vs. price of €1.25 (30.6% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the FRA:C3R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherry SE Business Description

Other Exchanges C3RY:Germany
Address c/o Mindspace, Rosental 7, Munich, DEU, 80331
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
46GF Score

Get the complete analysis for FRA:C3R

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

€1.25
Price
€1.80
GF Value