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Schwalbchen Molkerei Jakob Berz AGFRA:SMB 76 Net Current Asset Value is €11.83 as of Dec. 2025, which is 100% below its 10-year median of 5.45. GuruFocus rates FRA:SMB with a GF Score™ of 76/100 and a GF Value™ of €42.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,053 Consumer Packaged Goods companies, Schwalbchen Molkerei Jakob Berz AG ranks better than 53.18% 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 Schwalbchen Molkerei Jakob Berz AG's Net Current Asset Value or its related term are showing as below:
FRA:SMB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.8 Med: 5.45 Max: 8.4
Current: 3.8
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Schwalbchen Molkerei Jakob Berz AG was 8.40. The lowest was 3.80. And the median was 5.45.
FRA:SMB's Price-to-Net-Current-Asset-Value is ranked better than 53.18% of 1053
companies
in the Consumer Packaged Goods industry
Industry Median: 4.13
vs FRA:SMB: 3.80
Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) 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.
Schwalbchen Molkerei Jakob Berz AG Net Current Asset Value Related Terms
Schwalbchen Molkerei Jakob Berz AG 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.
Schwalbchen Molkerei Jakob Berz AG Net Current Asset Value Chart
FRA:SMB vs KHC, GIS, HRL: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Schwalbchen Molkerei Jakob Berz AG'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.
Schwalbchen Molkerei Jakob Berz AG Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Schwalbchen Molkerei Jakob Berz AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Schwalbchen Molkerei Jakob Berz AG'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 €11.83 mean?
Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) has a Net Current Asset Value of €11.83 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 Schwalbchen Molkerei Jakob Berz AG and its competitors. This is 117% above median its historical median of 5.45. Over the past decade, Schwalbchen Molkerei Jakob Berz AG's Net Current Asset Value has ranged from 3.80 to 8.40. According to the industry distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #493 out of 1053 companies in the Consumer Packaged Goods industry, placing it in the top 46.8%.
Is Schwalbchen Molkerei Jakob Berz AG's Net Current Asset Value too high?
Schwalbchen Molkerei Jakob Berz AG's current Net Current Asset Value of €11.83 is 117% above median its 10-year median of 5.45. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 8.40. Based on the distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #493 out of 1053 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Schwalbchen Molkerei Jakob Berz AG has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Schwalbchen Molkerei Jakob Berz AG's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Schwalbchen Molkerei Jakob Berz AG ranks #493 out of 1053 companies for Net Current Asset Value. This puts Schwalbchen Molkerei Jakob Berz AG in the upper half of its industry. The industry median Net Current Asset Value is 4.13. Historically, Schwalbchen Molkerei Jakob Berz AG's own Net Current Asset Value has ranged from 3.80 to 8.40 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 4.13, based on 1,053 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 Schwalbchen Molkerei Jakob Berz AG and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schwalbchen Molkerei Jakob Berz AG's current Net Current Asset Value is €11.83, which is 117% above median its own 10-year median of 5.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schwalbchen Molkerei Jakob Berz AG stock overvalued right now?
Based on GuruFocus' analysis, Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) is currently considered Fairly Valued. The stock's GF Value™ is €42.67, compared to a current price of €45.00 — trading 5.5% above its estimated fair value. The current Net Current Asset Value is €11.83, which is 117% above median its 10-year median of 5.45. Schwalbchen Molkerei Jakob Berz AG's overall GF Score™ is 76/100 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 Schwalbchen Molkerei Jakob Berz AG (FRA:SMB), the current Net Current Asset Value is €11.83 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 Schwalbchen Molkerei Jakob Berz AG (FRA:SMB) Overvalued in 2026?
Based on GuruFocus' analysis, Schwalbchen Molkerei Jakob Berz AG stock appears to be overvalued.
The current stock price of €45.00 is trading 5.5% above its estimated GF Value™ of €42.67.
GuruFocus considers Schwalbchen Molkerei Jakob Berz AG to be Fairly Valued.
Key valuation signals for FRA:SMB:
Net Current Asset Value: €11.83 (117% above median its 10-year median of 5.45)
GF Value™: €42.67 vs. price of €45.00 (5.5% above fair value)
No single metric tells the full story. See the FRA:SMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Schwalbchen Molkerei Jakob Berz AG Business Description
Schwalbchen Molkerei Jakob Berz AG is engaged in processing and distribution of milk and milk products, the wholesale of dairy products and related foodstuffs. The company acts as a regional brand supplier of fresh and long-life milk, as well as fresh produce such as yogurt, whipped cream, sour cream, natural and fruit quark, cream, and sponge cake under the name SCHWALBCHEN. Specialties such as the coffee beverage Caffreddo and ethnic items such as Ayran are marketed nationwide. The company is engaged in the wholesale consumer trade segment.
76GF Score
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