Luks Group (Vietnam Holdings) CoFRA:LU4 45 Net Current Asset Value is €0.08 as of Dec. 2025, which is 100% below its 10-year median of 3.27. GuruFocus rates FRA:LU4 with a GF Score™ of 45/100 and a GF Value™ of €0.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 178 Building Materials companies, Luks Group (Vietnam Holdings) Co ranks better than 89.89% 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 Luks Group (Vietnam Holdings) Co's Net Current Asset Value or its related term are showing as below:
FRA:LU4'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.06 Med: 3.27 Max: 19.8
Current: 1.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Luks Group (Vietnam Holdings) Co was 19.80. The lowest was 1.06. And the median was 3.27.
FRA:LU4's Price-to-Net-Current-Asset-Value is ranked better than 89.89% of 178
companies
in the Building Materials industry
Industry Median: 4.235
vs FRA:LU4: 1.06
Luks Group (Vietnam Holdings) Co (FRA:LU4) 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.
Luks Group (Vietnam Holdings) Co Net Current Asset Value Related Terms
Luks Group (Vietnam Holdings) Co 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.
Luks Group (Vietnam Holdings) Co Net Current Asset Value Chart
FRA:LU4 vs CRH, VMC, MLM: Net Current Asset Value Comparison
For the Building Materials subindustry, Luks Group (Vietnam Holdings) Co'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.
Luks Group (Vietnam Holdings) Co Price-to-Net-Current-Asset-Value vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Luks Group (Vietnam Holdings) Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Luks Group (Vietnam Holdings) Co'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 €0.08 mean?
Luks Group (Vietnam Holdings) Co (FRA:LU4) has a Net Current Asset Value of €0.08 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 Luks Group (Vietnam Holdings) Co and its competitors. This is 98% below median its historical median of 3.27. Over the past decade, Luks Group (Vietnam Holdings) Co's Net Current Asset Value has ranged from 1.06 to 19.80. According to the industry distribution chart, Luks Group (Vietnam Holdings) Co ranks #18 out of 178 companies in the Building Materials industry, placing it in the top 10.1%.
Is Luks Group (Vietnam Holdings) Co's Net Current Asset Value too high?
Luks Group (Vietnam Holdings) Co's current Net Current Asset Value of €0.08 is 98% below median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 19.80. Based on the distribution chart, Luks Group (Vietnam Holdings) Co ranks #18 out of 178 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Luks Group (Vietnam Holdings) Co has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luks Group (Vietnam Holdings) Co's Net Current Asset Value compare to CRH and VMC?
According to the Building Materials industry distribution chart, Luks Group (Vietnam Holdings) Co ranks #18 out of 178 companies for Net Current Asset Value. This places Luks Group (Vietnam Holdings) Co in the top 10% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.24. Historically, Luks Group (Vietnam Holdings) Co's own Net Current Asset Value has ranged from 1.06 to 19.80 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 Building Materials company?
The median Net Current Asset Value among Building Materials companies is 4.24, based on 178 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 Luks Group (Vietnam Holdings) Co and its competitors. For the Building Materials industry, the median Net Current Asset Value is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luks Group (Vietnam Holdings) Co's current Net Current Asset Value is €0.08, which is 98% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luks Group (Vietnam Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, Luks Group (Vietnam Holdings) Co (FRA:LU4) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.09 — trading 21.4% above its estimated fair value. The current Net Current Asset Value is €0.08, which is 98% below median its 10-year median of 3.27. Luks Group (Vietnam Holdings) Co's overall GF Score™ is 45/100 with 4 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 Luks Group (Vietnam Holdings) Co (FRA:LU4), the current Net Current Asset Value is €0.08 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 Luks Group (Vietnam Holdings) Co (FRA:LU4) Overvalued in 2026?
Based on GuruFocus' analysis, Luks Group (Vietnam Holdings) Co stock appears to be overvalued.
The current stock price of €0.09 is trading 21.4% above its estimated GF Value™ of €0.07.
GuruFocus considers Luks Group (Vietnam Holdings) Co to be Modestly Overvalued.
Key valuation signals for FRA:LU4:
Net Current Asset Value: €0.08 (98% below median its 10-year median of 3.27)
GF Value™: €0.07 vs. price of €0.09 (21.4% above fair value)
No single metric tells the full story. See the FRA:LU4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luks Group (Vietnam Holdings) Co Business Description
Luks Group (Vietnam Holdings) Co Ltd, along with its subsidiaries, operates in the following reportable segments: Cement products, Property investment, Hotel operation, Property development, and Corporate and others. Maximum revenue is derived from the Property investment segment, which invests in industrial, commercial, and residential premises for rental income and provides property management and related services. The Cement products segment manufactures and sells cement products for use in the construction industry; the Hotel operation segment represents the Group's hotel business; and the Properties development business is engaged in the development and sale of properties. Geographically, the Group generates maximum revenue from Vietnam, followed by Hong Kong and the Chinese Mainland.
45GF Score
Get the complete analysis for FRA:LU4
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