Gateway Real Estate AGFRA:GTY -8.12%10 Net Current Asset Value is €0.04 as of Sep. 2025, which is 100% below its 10-year median of 8.88. GuruFocus rates FRA:GTY with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 758 Real Estate companies, Gateway Real Estate AG ranks worse than 84.56% 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).
Gateway Real Estate AG's net current asset value per share for the quarter that ended in Sep. 2025 was €0.04.
The historical rank and industry rank for Gateway Real Estate AG's Net Current Asset Value or its related term are showing as below:
FRA:GTY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.95 Med: 8.88 Max: 53.67
Current: 7.93
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Gateway Real Estate AG was 53.67. The lowest was 2.95. And the median was 8.88.
FRA:GTY's Price-to-Net-Current-Asset-Value is ranked worse than 84.56% of 758
companies
in the Real Estate industry
Industry Median: 2.17
vs FRA:GTY: 7.93
Gateway Real Estate AG (FRA:GTY) 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.
Gateway Real Estate AG Net Current Asset Value Related Terms
Gateway Real Estate AG Net Current Asset Value Historical Data
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The historical data trend for Gateway Real Estate AG'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.
Gateway Real Estate AG Net Current Asset Value Chart
Gateway Real Estate AG Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, Gateway Real Estate AG'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.
Gateway Real Estate AG Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Gateway Real Estate AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Gateway Real Estate AG'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 €0.04 mean?
Gateway Real Estate AG (FRA:GTY) has a Net Current Asset Value of €0.04 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Gateway Real Estate AG and its competitors. This is 100% below median its historical median of 8.88. Over the past decade, Gateway Real Estate AG's Net Current Asset Value has ranged from 2.95 to 53.67. According to the industry distribution chart, Gateway Real Estate AG ranks #641 out of 758 companies in the Real Estate industry, placing it in the top 84.6%.
Is Gateway Real Estate AG's Net Current Asset Value too high?
Gateway Real Estate AG's current Net Current Asset Value of €0.04 is 100% below median its 10-year median of 8.88. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 53.67. Based on the distribution chart, Gateway Real Estate AG ranks #641 out of 758 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Gateway Real Estate AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Gateway Real Estate AG's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Gateway Real Estate AG ranks #641 out of 758 companies for Net Current Asset Value. This places Gateway Real Estate AG in the lower half of its industry. The industry median Net Current Asset Value is 2.17. Historically, Gateway Real Estate AG's own Net Current Asset Value has ranged from 2.95 to 53.67 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 758 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 Gateway Real Estate AG 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. Gateway Real Estate AG's current Net Current Asset Value is €0.04, which is 100% below median its own 10-year median of 8.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gateway Real Estate AG stock overvalued right now?
Gateway Real Estate AG (FRA:GTY) has a current Net Current Asset Value of €0.04. The current Net Current Asset Value is €0.04, which is 100% below median its 10-year median of 8.88. Gateway Real Estate AG's overall GF Score™ is 10/100 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 Gateway Real Estate AG (FRA:GTY), the current Net Current Asset Value is €0.04 as of Sep. 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.
Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company covers the entire value chain in its real estate business, starting from the acquisition of land and projects, to the development and construction, and finally to the sale of the properties. Gateway's operating segments are: Standing Assets, Residential Properties Development, and Commercial Properties Development. Maximum revenue is generated from the Residential Properties Development segment, which includes development activities in selected metropolitan regions in Germany, such as Dresden, Berlin, Erfurt, Frankfurt am Main, Leipzig, and Munich, focusing on the new construction of medium-sized apartment buildings for modern living, mixed-use properties, and real estate.
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