Lifeway FoodsFRA:LWF +1.48%87 Net Current Asset Value is €0.71 as of Mar. 2026, which is 100% below its 10-year median of 12.36. GuruFocus rates FRA:LWF with a GF Score™ of 87/100 and a GF Value™ of €22.49 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,050 Consumer Packaged Goods companies, Lifeway Foods ranks worse than 93.62% 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).
Lifeway Foods's net current asset value per share for the quarter that ended in Mar. 2026 was €0.71.
The historical rank and industry rank for Lifeway Foods's Net Current Asset Value or its related term are showing as below:
FRA:LWF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.38 Med: 12.36 Max: 38.67
Current: 38.59
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lifeway Foods was 38.67. The lowest was 4.38. And the median was 12.36.
FRA:LWF's Price-to-Net-Current-Asset-Value is ranked worse than 93.62% of 1050
companies
in the Consumer Packaged Goods industry
Industry Median: 4.175
vs FRA:LWF: 38.59
Lifeway Foods (FRA:LWF) 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.
Lifeway Foods Net Current Asset Value Related Terms
Lifeway Foods Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Lifeway Foods'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.
FRA:LWF vs USNA, NATR, ENHA: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Lifeway Foods'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.
Lifeway Foods Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lifeway Foods's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lifeway Foods'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 €0.71 mean?
Lifeway Foods (FRA:LWF) has a Net Current Asset Value of €0.71 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 Lifeway Foods and its competitors. This is 94% below median its historical median of 12.36. Over the past decade, Lifeway Foods' Net Current Asset Value has ranged from 4.38 to 38.67. According to the industry distribution chart, Lifeway Foods ranks #983 out of 1050 companies in the Consumer Packaged Goods industry, placing it in the top 93.6%.
Is Lifeway Foods' Net Current Asset Value too high?
Lifeway Foods' current Net Current Asset Value of €0.71 is 94% below median its 10-year median of 12.36. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 38.67. Based on the distribution chart, Lifeway Foods ranks #983 out of 1050 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Lifeway Foods has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lifeway Foods' Net Current Asset Value compare to USNA and NATR?
According to the Consumer Packaged Goods industry distribution chart, Lifeway Foods ranks #983 out of 1050 companies for Net Current Asset Value. This places Lifeway Foods in the lower half of its industry. The industry median Net Current Asset Value is 4.18. Historically, Lifeway Foods' own Net Current Asset Value has ranged from 4.38 to 38.67 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.18, based on 1,050 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 Lifeway Foods and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lifeway Foods's current Net Current Asset Value is €0.71, which is 94% below median its own 10-year median of 12.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lifeway Foods stock overvalued right now?
Based on GuruFocus' analysis, Lifeway Foods (FRA:LWF) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.49, compared to a current price of €27.40 — trading 21.8% above its estimated fair value. The current Net Current Asset Value is €0.71, which is 94% below median its 10-year median of 12.36. Lifeway Foods' overall GF Score™ is 87/100 with 1 warning sign 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 Lifeway Foods (FRA:LWF), the current Net Current Asset Value is €0.71 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 Lifeway Foods (FRA:LWF) Overvalued in 2026?
Based on GuruFocus' analysis, Lifeway Foods stock appears to be overvalued.
The current stock price of €27.40 is trading 21.8% above its estimated GF Value™ of €22.49.
GuruFocus considers Lifeway Foods to be Modestly Overvalued.
Key valuation signals for FRA:LWF:
Net Current Asset Value: €0.71 (94% below median its 10-year median of 12.36)
GF Value™: €22.49 vs. price of €27.40 (21.8% above fair value)
No single metric tells the full story. See the FRA:LWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir, which is a cultured dairy product. Its product categories are Drinkable Kefir, which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir, and Other dairy. The company manufactures and markets products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products through a direct sales force, brokers, and distributors.
87GF Score
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