MindArk PE AB (FRA:Z7R) Net Current Asset Value: €-0.08 (As of Mar. 2026)


FRA:Z7R MindArk PE AB FRA:Z7R
58 GF Score
Price €0.05
GF Value €0.11
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is MindArk PE AB Net Current Asset Value?

MindArk PE AB FRA:Z7R -7.69% 58 Net Current Asset Value is €-0.08 as of Mar. 2026. GuruFocus rates FRA:Z7R with a GF Score™ of 58/100 and a GF Value™ of €0.11 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,756 Software companies, MindArk PE AB ranks worse than 56947.55% 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).

MindArk PE AB's net current asset value per share for the quarter that ended in Mar. 2026 was €-0.08.

The historical rank and industry rank for MindArk PE AB's Net Current Asset Value or its related term are showing as below:

FRA:Z7R's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.79
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MindArk PE AB  (FRA:Z7R) 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 Graham’s 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.


MindArk PE AB Net Current Asset Value Related Terms


MindArk PE AB Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MindArk PE AB'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.

MindArk PE AB Net Current Asset Value Chart

MindArk PE AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-0.06 -0.06 -0.06 -0.06

MindArk PE AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.05 -0.05 -0.06 -0.08

FRA:Z7R vs UBER, SHOP, CRM: Net Current Asset Value Comparison

For the Software - Application subindustry, MindArk PE AB'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.


MindArk PE AB Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, MindArk PE AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where MindArk PE AB's Price-to-Net-Current-Asset-Value falls into.


FRA:Z7R
58GF Score
MindArk PE AB FRA:Z7R
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MindArk PE AB Net Current Asset Value Calculation

MindArk PE AB's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.309-5.196-0-0)/31.525
=-0.06

MindArk PE AB's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.933-5.449-0-0)/31.525
=-0.08

* 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 €-0.08 mean?
MindArk PE AB (FRA:Z7R) has a Net Current Asset Value of €-0.08 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on MindArk PE AB and its competitors. According to the industry distribution chart, MindArk PE AB ranks #999999 out of 1756 companies in the Software industry.
Is MindArk PE AB's Net Current Asset Value too high?
MindArk PE AB's current Net Current Asset Value is €-0.08. Based on the distribution chart, MindArk PE AB ranks #999999 out of 1756 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MindArk PE AB has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MindArk PE AB's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, MindArk PE AB ranks #999999 out of 1756 companies for Net Current Asset Value. This places MindArk PE AB in the lower half of its industry. The industry median Net Current Asset Value is 4.79. 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 4.79, based on 1,756 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 MindArk PE AB and its competitors. For the Software industry, the median Net Current Asset Value is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MindArk PE AB's current Net Current Asset Value is €-0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindArk PE AB stock overvalued right now?
Based on GuruFocus' analysis, MindArk PE AB (FRA:Z7R) is currently considered Possible Value Trap. The stock's GF Value™ is €0.11, compared to a current price of €0.05 — trading 56.4% below its estimated fair value. The current Net Current Asset Value is €-0.08. MindArk PE AB's overall GF Score™ is 58/100 with 4 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 MindArk PE AB (FRA:Z7R), the current Net Current Asset Value is €-0.08 as of Mar. 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 MindArk PE AB (FRA:Z7R) Overvalued in 2026?

Based on GuruFocus' analysis, MindArk PE AB stock appears to be undervalued. The current stock price of €0.05 is trading 56.4% below its estimated GF Value™ of €0.11. GuruFocus considers MindArk PE AB to be Possible Value Trap.

Key valuation signals for FRA:Z7R:

  • Net Current Asset Value: €-0.08
  • GF Value™: €0.11 vs. price of €0.05 (56.4% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the FRA:Z7R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MindArk PE AB Business Description

Other Exchanges MNDRK:Sweden
Address Masthamnsgatan 5, Gothenburg, SWE, SE 413 29
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.
58GF Score

Get the complete analysis for FRA:Z7R

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.05
Price
€0.11
GF Value