Artience CoFRA:TO5 +0.87%81 Net Current Asset Value is €3.59 as of Dec. 2025, which is 100% below its 10-year median of 3.92. GuruFocus rates FRA:TO5 with a GF Score™ of 81/100 and a GF Value™ of €18.14. The stock has 6 warning signs investors should review. Among 945 Chemicals companies, Artience Co ranks worse than 51.75% 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).
Artience Co's net current asset value per share for the quarter that ended in Dec. 2025 was €3.59.
The historical rank and industry rank for Artience Co's Net Current Asset Value or its related term are showing as below:
FRA:TO5'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.56 Med: 3.92 Max: 6.71
Current: 5.54
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Artience Co was 6.71. The lowest was 2.56. And the median was 3.92.
FRA:TO5's Price-to-Net-Current-Asset-Value is ranked worse than 51.75% of 945
companies
in the Chemicals industry
Industry Median: 5.32
vs FRA:TO5: 5.54
Artience Co (FRA:TO5) 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.
Artience Co Net Current Asset Value Related Terms
Artience Co Net Current Asset Value Historical Data
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The historical data trend for Artience Co'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:TO5 vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Artience 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.
Artience Co Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Artience Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Artience 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 €3.59 mean?
Artience Co (FRA:TO5) has a Net Current Asset Value of €3.59 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 Artience Co and its competitors. This is near median its historical median of 3.92. Over the past decade, Artience Co's Net Current Asset Value has ranged from 2.56 to 6.71. According to the industry distribution chart, Artience Co ranks #489 out of 945 companies in the Chemicals industry, placing it in the top 51.7%.
Is Artience Co's Net Current Asset Value too high?
Artience Co's current Net Current Asset Value of €3.59 is near median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 2.56 to a high of 6.71. Based on the distribution chart, Artience Co ranks #489 out of 945 companies in the Chemicals industry, which is below the industry midpoint. Overall, Artience Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Artience Co's Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Artience Co ranks #489 out of 945 companies for Net Current Asset Value. This places Artience Co in the lower half of its industry. The industry median Net Current Asset Value is 5.32. Historically, Artience Co's own Net Current Asset Value has ranged from 2.56 to 6.71 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.32, based on 945 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 Artience Co and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artience Co's current Net Current Asset Value is €3.59, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artience Co stock overvalued right now?
Artience Co (FRA:TO5) has a current Net Current Asset Value of €3.59. The stock's GF Value™ is €18.14, compared to a current price of €23.20 — trading 27.9% above its estimated fair value. The current Net Current Asset Value is €3.59, which is near median its 10-year median of 3.92. Artience Co's overall GF Score™ is 81/100 with 6 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 Artience Co (FRA:TO5), the current Net Current Asset Value is €3.59 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 Artience Co (FRA:TO5) Overvalued in 2026?
Based on GuruFocus' analysis, Artience Co stock appears to be overvalued.
The current stock price of €23.20 is trading 27.9% above its estimated GF Value™ of €18.14.
Key valuation signals for FRA:TO5:
Net Current Asset Value: €3.59 (near median its 10-year median of 3.92)
GF Value™: €18.14 vs. price of €23.20 (27.9% above fair value)
No single metric tells the full story. See the FRA:TO5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artience Co Ltd is a holding company. The group, along with its subsidiary, engaged in four segments: Colorants and Functional Materials Business, Polymers and Coatings Business, Packaging Business, and Printing and Information Business.
81GF Score
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