China Overseas Land & InvestmentFRA:CPP +0.29%70 Net Current Asset Value is €1.31 as of Dec. 2025, which is 100% below its 10-year median of 1.57. GuruFocus rates FRA:CPP with a GF Score™ of 70/100 and a GF Value™ of €1.44 (Fairly Valued). The stock has 5 warning signs investors should review. Among 759 Real Estate companies, China Overseas Land & Investment ranks better than 73.91% 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 China Overseas Land & Investment's Net Current Asset Value or its related term are showing as below:
FRA:CPP'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.03 Med: 1.57 Max: 2.55
Current: 1.05
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of China Overseas Land & Investment was 2.55. The lowest was 1.03. And the median was 1.57.
FRA:CPP's Price-to-Net-Current-Asset-Value is ranked better than 73.91% of 759
companies
in the Real Estate industry
Industry Median: 2.17
vs FRA:CPP: 1.05
China Overseas Land & Investment (FRA:CPP) 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.
China Overseas Land & Investment Net Current Asset Value Related Terms
China Overseas Land & Investment 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.
China Overseas Land & Investment Net Current Asset Value Chart
China Overseas Land & Investment Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, China Overseas Land & Investment'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.
China Overseas Land & Investment Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China Overseas Land & Investment'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 €1.31 mean?
China Overseas Land & Investment (FRA:CPP) has a Net Current Asset Value of €1.31 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 China Overseas Land & Investment and its competitors. This is 17% below median its historical median of 1.57. Over the past decade, China Overseas Land & Investment's Net Current Asset Value has ranged from 1.03 to 2.55. According to the industry distribution chart, China Overseas Land & Investment ranks #198 out of 759 companies in the Real Estate industry, placing it in the top 26.1%.
Is China Overseas Land & Investment's Net Current Asset Value too high?
China Overseas Land & Investment's current Net Current Asset Value of €1.31 is 17% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 2.55. Based on the distribution chart, China Overseas Land & Investment ranks #198 out of 759 companies in the Real Estate industry, which is above the industry midpoint. Overall, China Overseas Land & Investment has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Overseas Land & Investment's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, China Overseas Land & Investment ranks #198 out of 759 companies for Net Current Asset Value. This puts China Overseas Land & Investment in the upper half of its industry. The industry median Net Current Asset Value is 2.17. Historically, China Overseas Land & Investment's own Net Current Asset Value has ranged from 1.03 to 2.55 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.17, based on 759 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 China Overseas Land & Investment and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Overseas Land & Investment's current Net Current Asset Value is €1.31, which is 17% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Overseas Land & Investment stock overvalued right now?
Based on GuruFocus' analysis, China Overseas Land & Investment (FRA:CPP) is currently considered Fairly Valued. The stock's GF Value™ is €1.44, compared to a current price of €1.38 — trading 4.3% below its estimated fair value. The current Net Current Asset Value is €1.31, which is 17% below median its 10-year median of 1.57. China Overseas Land & Investment's overall GF Score™ is 70/100 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 China Overseas Land & Investment (FRA:CPP), the current Net Current Asset Value is €1.31 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 China Overseas Land & Investment (FRA:CPP) Overvalued in 2026?
Based on GuruFocus' analysis, China Overseas Land & Investment stock appears to be undervalued.
The current stock price of €1.38 is trading 4.3% below its estimated GF Value™ of €1.44.
GuruFocus considers China Overseas Land & Investment to be Fairly Valued.
Key valuation signals for FRA:CPP:
Net Current Asset Value: €1.31 (17% below median its 10-year median of 1.57)
GF Value™: €1.44 vs. price of €1.38 (4.3% below fair value)
No single metric tells the full story. See the FRA:CPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Overseas Land & Investment Business Description
China Overseas Land & Investment is a large real estate developer in China. Property development accounts for most of the earnings, with property sales scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds about a 40% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.
70GF Score
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