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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).
Far East Orchard's net current asset value per share for the quarter that ended in Dec. 2025 was €-1.26.
The historical rank and industry rank for Far East Orchard's Net Current Asset Value or its related term are showing as below:
FRA:O5P's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.16 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Far East Orchard (FRA:O5P) 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.
Far East Orchard Net Current Asset Value Related Terms
Far East Orchard Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Far East Orchard'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:O5P vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Far East Orchard'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.
Far East Orchard Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Far East Orchard's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Far East Orchard'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 €-1.26 mean?
Far East Orchard (FRA:O5P) has a Net Current Asset Value of €-1.26 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 Far East Orchard and its competitors. According to the industry distribution chart, Far East Orchard ranks #999999 out of 755 companies in the Real Estate industry.
Is Far East Orchard's Net Current Asset Value too high?
Far East Orchard's current Net Current Asset Value is €-1.26. Based on the distribution chart, Far East Orchard ranks #999999 out of 755 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Far East Orchard has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Far East Orchard's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Far East Orchard ranks #999999 out of 755 companies for Net Current Asset Value. This places Far East Orchard in the lower half of its industry. The industry median Net Current Asset Value is 2.16. 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 2.16, based on 755 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 Far East Orchard and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far East Orchard's current Net Current Asset Value is €-1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far East Orchard stock overvalued right now?
Far East Orchard (FRA:O5P) has a current Net Current Asset Value of €-1.26. The stock's GF Value™ is €1.05, compared to a current price of €0.73 — trading 31% below its estimated fair value. The current Net Current Asset Value is €-1.26. Far East Orchard's overall GF Score™ is 72/100 with 5 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 Far East Orchard (FRA:O5P), the current Net Current Asset Value is €-1.26 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 Far East Orchard (FRA:O5P) Overvalued in 2026?
Based on GuruFocus' analysis, Far East Orchard stock appears to be undervalued.
The current stock price of €0.73 is trading 31% below its estimated GF Value™ of €1.05.
Key valuation signals for FRA:O5P:
Net Current Asset Value: €-1.26
GF Value™: €1.05 vs. price of €0.73 (31% below fair value)
No single metric tells the full story. See the FRA:O5P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far East Orchard Ltd is a property development and investment company. The company has structured its operations into three business segments: Hospitality, Student accommodation and Property. The group operates its Hospitality business across three segments which include management services, operations, and property ownership; its Student accommodation across two segments - Property Ownership, and Management Services; While the company's Property segment manages under Development and investment category. The majority of its revenue is derived from the Hospitality business. The group's business segments operate in five main geographical areas: Singapore, Australia, the United Kingdom, Japan, and other countries. Geographically, the company generates its maximum revenue from Singapore.
72GF Score
Get the complete analysis for FRA:O5P
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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