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).
Hingham Institution forvings's net current asset value per share for the quarter that ended in Mar. 2026 was €0.00.
The historical rank and industry rank for Hingham Institution forvings's Net Current Asset Value or its related term are showing as below:
FRA:HS3's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 1.17 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Hingham Institution forvings (FRA:HS3) 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.
Hingham Institution forvings Net Current Asset Value Related Terms
Hingham Institution forvings 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.
Hingham Institution forvings Net Current Asset Value Chart
FRA:HS3 vs AROW, TCBX, PFIS: Net Current Asset Value Comparison
For the Banks - Regional subindustry, Hingham Institution forvings'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.
Hingham Institution forvings Price-to-Net-Current-Asset-Value vs Banks Industry
For the Banks industry and Financial Services sector, Hingham Institution forvings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hingham Institution forvings'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 €0.00 mean?
Hingham Institution forvings (FRA:HS3) has a Net Current Asset Value of €0.00 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 Hingham Institution forvings and its competitors. According to the industry distribution chart, Hingham Institution forvings ranks #999999 out of 22 companies in the Banks industry.
Is Hingham Institution forvings' Net Current Asset Value too high?
Hingham Institution forvings' current Net Current Asset Value is €0.00. Based on the distribution chart, Hingham Institution forvings ranks #999999 out of 22 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Hingham Institution forvings has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Hingham Institution forvings' Net Current Asset Value compare to AROW and TCBX?
According to the Banks industry distribution chart, Hingham Institution forvings ranks #999999 out of 22 companies for Net Current Asset Value. This places Hingham Institution forvings in the lower half of its industry. The industry median Net Current Asset Value is 1.17. 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 Banks company?
The median Net Current Asset Value among Banks companies is 1.17, based on 22 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 Hingham Institution forvings and its competitors. For the Banks industry, the median Net Current Asset Value is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hingham Institution forvings's current Net Current Asset Value is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hingham Institution forvings stock overvalued right now?
Hingham Institution forvings (FRA:HS3) has a current Net Current Asset Value of €0.00. The stock's GF Value™ is €282.55, compared to a current price of €260.00 — trading 8% below its estimated fair value. The current Net Current Asset Value is €0.00. Hingham Institution forvings' overall GF Score™ is 56/100 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 Hingham Institution forvings (FRA:HS3), the current Net Current Asset Value is €0.00 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 Hingham Institution forvings (FRA:HS3) Overvalued in 2026?
Based on GuruFocus' analysis, Hingham Institution forvings stock appears to be undervalued.
The current stock price of €260.00 is trading 8% below its estimated GF Value™ of €282.55.
Key valuation signals for FRA:HS3:
Net Current Asset Value: €0.00
GF Value™: €282.55 vs. price of €260.00 (8% below fair value)
No single metric tells the full story. See the FRA:HS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hingham Institution for Savings is a Massachusetts-chartered savings bank headquartered in Hingham, Massachusetts. The bank is principally engaged in the business of commercial and residential real estate mortgage lending, funded by a mix of retail and commercial deposits, wholesale deposits and borrowings. Its primary deposit products are savings, checking, and term certificate accounts, and its primary lending products are residential and commercial mortgage loans secured by properties in eastern Massachusetts. The bank also lends to commercial and residential real estate borrowers and services deposits for customers in the greater Washington, D.C. metropolitan area (WMA) and in the San Francisco Bay Area.
56GF Score
Get the complete analysis for FRA:HS3
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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