Bisalloy Steel GroupFRA:YA5 82 Net Current Asset Value is €0.64 as of Dec. 2025, which is 100% below its 10-year median of 4.55. GuruFocus rates FRA:YA5 with a GF Score™ of 82/100 and a GF Value™ of €1.96. The stock has 1 warning sign investors should review. Among 371 Steel companies, Bisalloy Steel Group ranks worse than 76.28% 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).
Bisalloy Steel Group's net current asset value per share for the quarter that ended in Dec. 2025 was €0.64.
The historical rank and industry rank for Bisalloy Steel Group's Net Current Asset Value or its related term are showing as below:
FRA:YA5'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.7 Med: 4.55 Max: 8
Current: 7.22
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bisalloy Steel Group was 8.00. The lowest was 2.70. And the median was 4.55.
FRA:YA5's Price-to-Net-Current-Asset-Value is ranked worse than 76.28% of 371
companies
in the Steel industry
Industry Median: 2.97
vs FRA:YA5: 7.22
Bisalloy Steel Group (FRA:YA5) 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.
Bisalloy Steel Group Net Current Asset Value Related Terms
Bisalloy Steel Group Net Current Asset Value Historical Data
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The historical data trend for Bisalloy Steel Group'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.
Bisalloy Steel Group Net Current Asset Value Chart
For the Steel subindustry, Bisalloy Steel Group'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.
Bisalloy Steel Group Price-to-Net-Current-Asset-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bisalloy Steel Group'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 €0.64 mean?
Bisalloy Steel Group (FRA:YA5) has a Net Current Asset Value of €0.64 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 Bisalloy Steel Group and its competitors. This is 86% below median its historical median of 4.55. Over the past decade, Bisalloy Steel Group's Net Current Asset Value has ranged from 2.70 to 8.00. According to the industry distribution chart, Bisalloy Steel Group ranks #283 out of 371 companies in the Steel industry, placing it in the top 76.3%.
Is Bisalloy Steel Group's Net Current Asset Value too high?
Bisalloy Steel Group's current Net Current Asset Value of €0.64 is 86% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 8.00. Based on the distribution chart, Bisalloy Steel Group ranks #283 out of 371 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Bisalloy Steel Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Bisalloy Steel Group's Net Current Asset Value compare to ?
According to the Steel industry distribution chart, Bisalloy Steel Group ranks #283 out of 371 companies for Net Current Asset Value. This places Bisalloy Steel Group in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, Bisalloy Steel Group's own Net Current Asset Value has ranged from 2.70 to 8.00 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 Steel company?
The median Net Current Asset Value among Steel companies is 2.97, based on 371 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 Bisalloy Steel Group and its competitors. For the Steel industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bisalloy Steel Group's current Net Current Asset Value is €0.64, which is 86% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bisalloy Steel Group stock overvalued right now?
Bisalloy Steel Group (FRA:YA5) has a current Net Current Asset Value of €0.64. The stock's GF Value™ is €1.96, compared to a current price of €2.60 — trading 32.7% above its estimated fair value. The current Net Current Asset Value is €0.64, which is 86% below median its 10-year median of 4.55. Bisalloy Steel Group's overall GF Score™ is 82/100 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 Bisalloy Steel Group (FRA:YA5), the current Net Current Asset Value is €0.64 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 Bisalloy Steel Group (FRA:YA5) Overvalued in 2026?
Based on GuruFocus' analysis, Bisalloy Steel Group stock appears to be overvalued.
The current stock price of €2.60 is trading 32.7% above its estimated GF Value™ of €1.96.
Key valuation signals for FRA:YA5:
Net Current Asset Value: €0.64 (86% below median its 10-year median of 4.55)
GF Value™: €1.96 vs. price of €2.60 (32.7% above fair value)
No single metric tells the full story. See the FRA:YA5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations.
82GF Score
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