CytoMed Therapeutics (FRA:F98) Net Current Asset Value: €0.12 (As of Dec. 2025) — 99% Below Median

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:F98 CytoMed Therapeutics Ltd FRA:F98
19 GF Score
Price €0.76
! 2 Warning Signs
View Full Analysis

What is CytoMed Therapeutics Net Current Asset Value?

CytoMed Therapeutics FRA:F98 -9.58% 19 Net Current Asset Value is €0.12 as of Dec. 2025, which is 100% below its 10-year median of 8.90. GuruFocus rates FRA:F98 with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 940 Biotechnology companies, CytoMed Therapeutics ranks worse than 59.04% 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).

CytoMed Therapeutics's net current asset value per share for the quarter that ended in Dec. 2025 was €0.12.

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

FRA:F98' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.6   Med: 8.9   Max: 10.97
Current: 6.86

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of CytoMed Therapeutics was 10.97. The lowest was 6.60. And the median was 8.90.

FRA:F98's Price-to-Net-Current-Asset-Value is ranked worse than
59.04% of 940 companies
in the Biotechnology industry
Industry Median: 4.725 vs FRA:F98: 6.86

CytoMed Therapeutics  (FRA:F98) 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.


CytoMed Therapeutics Net Current Asset Value Related Terms


CytoMed Therapeutics Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for CytoMed Therapeutics'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.

CytoMed Therapeutics Net Current Asset Value Chart

CytoMed Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -0.01 -0.14 0.54 0.30 0.12

CytoMed Therapeutics Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.54 0.41 0.30 0.17 0.12

FRA:F98 vs LEXX, INAB, TRAW: Net Current Asset Value Comparison

For the Biotechnology subindustry, CytoMed Therapeutics'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.


CytoMed Therapeutics Price-to-Net-Current-Asset-Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, CytoMed Therapeutics's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


FRA:F98
19GF Score
CytoMed Therapeutics Ltd FRA:F98
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CytoMed Therapeutics Net Current Asset Value Calculation

CytoMed Therapeutics's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.424-0.748-0.204-0)/11.828
=0.12

CytoMed Therapeutics's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.424-0.748-0.204-0)/11.828
=0.12

* 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 €0.12 mean?
CytoMed Therapeutics (FRA:F98) has a Net Current Asset Value of €0.12 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 CytoMed Therapeutics and its competitors. This is 99% below median its historical median of 8.90. Over the past decade, CytoMed Therapeutics' Net Current Asset Value has ranged from 6.60 to 10.97. According to the industry distribution chart, CytoMed Therapeutics ranks #555 out of 940 companies in the Biotechnology industry, placing it in the top 59%.
Is CytoMed Therapeutics' Net Current Asset Value too high?
CytoMed Therapeutics' current Net Current Asset Value of €0.12 is 99% below median its 10-year median of 8.90. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 10.97. Based on the distribution chart, CytoMed Therapeutics ranks #555 out of 940 companies in the Biotechnology industry, which is below the industry midpoint. Overall, CytoMed Therapeutics has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does CytoMed Therapeutics' Net Current Asset Value compare to LEXX and INAB?
According to the Biotechnology industry distribution chart, CytoMed Therapeutics ranks #555 out of 940 companies for Net Current Asset Value. This places CytoMed Therapeutics in the lower half of its industry. The industry median Net Current Asset Value is 4.73. Historically, CytoMed Therapeutics' own Net Current Asset Value has ranged from 6.60 to 10.97 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 Biotechnology company?
The median Net Current Asset Value among Biotechnology companies is 4.73, based on 940 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 CytoMed Therapeutics and its competitors. For the Biotechnology industry, the median Net Current Asset Value is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CytoMed Therapeutics's current Net Current Asset Value is €0.12, which is 99% below median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CytoMed Therapeutics stock overvalued right now?
CytoMed Therapeutics (FRA:F98) has a current Net Current Asset Value of €0.12. The current Net Current Asset Value is €0.12, which is 99% below median its 10-year median of 8.90. CytoMed Therapeutics' overall GF Score™ is 19/100 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 CytoMed Therapeutics (FRA:F98), the current Net Current Asset Value is €0.12 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.

CytoMed Therapeutics Business Description

Other Exchanges GDTC:USA
Address 1 Commonwealth Lane, No. 08-22 One Commonwealth, Singapore, SGP, 149544
CytoMed Therapeutics Ltd is a pre-clinical biopharmaceutical company focused on harnessing its proprietary technologies to create novel cell-based immunotherapies for the treatment of human cancers. The company's segment include: the business of innate immune cell-based immunotherapy, pluripotent stem cell-based therapy and undertaking the research and development of immune cell and stem cell-based therapy; and the business of processing and banking of cells including cord blood stem cells, research and development on cord blood derived cell-based therapy. Geographically, the company operates in Singapore and Malaysia which is the majority revenue generator.
19GF Score

Get the complete analysis for FRA:F98

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

€0.76
Price