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NetScout SystemsFRA:NSZ -1.07%65 Net Current Asset Value is €1.49 as of Jun. 2026, which is 100% below its 10-year median of 17.69. GuruFocus rates FRA:NSZ with a GF Score™ of 65/100 and a GF Value™ of €20.03. The stock has 3 warning signs investors should review. Among 1,759 Software companies, NetScout Systems ranks worse than 87.04% 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).
NetScout Systems's net current asset value per share for the quarter that ended in Jun. 2026 was €1.49.
The historical rank and industry rank for NetScout Systems's Net Current Asset Value or its related term are showing as below:
FRA:NSZ'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.09 Med: 17.69 Max: 40.87
Current: 22.42
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of NetScout Systems was 40.87. The lowest was 11.09. And the median was 17.69.
FRA:NSZ's Price-to-Net-Current-Asset-Value is ranked worse than 87.04% of 1759
companies
in the Software industry
Industry Median: 5.04
vs FRA:NSZ: 22.42
NetScout Systems (FRA:NSZ) 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.
NetScout Systems Net Current Asset Value Related Terms
NetScout Systems Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for NetScout Systems'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:NSZ vs EEFT, TDC, STNE: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, NetScout Systems'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.
NetScout Systems Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, NetScout Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where NetScout Systems'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 €1.49 mean?
NetScout Systems (FRA:NSZ) has a Net Current Asset Value of €1.49 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on NetScout Systems and its competitors. This is 92% below median its historical median of 17.69. Over the past decade, NetScout Systems' Net Current Asset Value has ranged from 11.09 to 40.87. According to the industry distribution chart, NetScout Systems ranks #1531 out of 1759 companies in the Software industry, placing it in the top 87%.
Is NetScout Systems' Net Current Asset Value too high?
NetScout Systems' current Net Current Asset Value of €1.49 is 92% below median its 10-year median of 17.69. Over the past 10 years, this metric has ranged from a low of 11.09 to a high of 40.87. Based on the distribution chart, NetScout Systems ranks #1531 out of 1759 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, NetScout Systems has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does NetScout Systems' Net Current Asset Value compare to EEFT and TDC?
According to the Software industry distribution chart, NetScout Systems ranks #1531 out of 1759 companies for Net Current Asset Value. This places NetScout Systems in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Historically, NetScout Systems' own Net Current Asset Value has ranged from 11.09 to 40.87 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 Software company?
The median Net Current Asset Value among Software companies is 5.04, based on 1,759 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 NetScout Systems and its competitors. For the Software industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetScout Systems's current Net Current Asset Value is €1.49, which is 92% below median its own 10-year median of 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetScout Systems stock overvalued right now?
NetScout Systems (FRA:NSZ) has a current Net Current Asset Value of €1.49. The stock's GF Value™ is €20.03, compared to a current price of €32.29 — trading 61.2% above its estimated fair value. The current Net Current Asset Value is €1.49, which is 92% below median its 10-year median of 17.69. NetScout Systems' overall GF Score™ is 65/100 with 3 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 NetScout Systems (FRA:NSZ), the current Net Current Asset Value is €1.49 as of Jun. 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 NetScout Systems (FRA:NSZ) Overvalued in 2026?
Based on GuruFocus' analysis, NetScout Systems stock appears to be overvalued.
The current stock price of €32.29 is trading 61.2% above its estimated GF Value™ of €20.03.
Key valuation signals for FRA:NSZ:
Net Current Asset Value: €1.49 (92% below median its 10-year median of 17.69)
GF Value™: €20.03 vs. price of €32.29 (61.2% above fair value)
No single metric tells the full story. See the FRA:NSZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetScout Systems Inc is engaged in providing enterprise network observability, carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS), protection solutions. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue from the sale of network management tools and security solutions. Its geographical regions include USA, which derives maximum revenue, Europe, Asia, and Rest of the World.
65GF Score
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