China East Education HoldingsFRA:ZX3 +2.29%49 Net Current Asset Value is €0.02 as of Dec. 2025, which is 100% below its 10-year median of 23.07. GuruFocus rates FRA:ZX3 with a GF Score™ of 49/100 and a GF Value™ of €0.41 (Fairly Valued). The stock has 2 warning signs investors should review. Among 120 Education companies, China East Education Holdings ranks worse than 89.17% 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).
China East Education Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was €0.02.
The historical rank and industry rank for China East Education Holdings's Net Current Asset Value or its related term are showing as below:
FRA:ZX3'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.18 Med: 23.07 Max: 44.27
Current: 22.3
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of China East Education Holdings was 44.27. The lowest was 6.18. And the median was 23.07.
FRA:ZX3's Price-to-Net-Current-Asset-Value is ranked worse than 89.17% of 120
companies
in the Education industry
Industry Median: 4.97
vs FRA:ZX3: 22.30
China East Education Holdings (FRA:ZX3) 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.
China East Education Holdings Net Current Asset Value Related Terms
China East Education Holdings 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.
China East Education Holdings Net Current Asset Value Chart
FRA:ZX3 vs EDU, TAL, LAUR: Net Current Asset Value Comparison
For the Education & Training Services subindustry, China East Education Holdings'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.
China East Education Holdings Price-to-Net-Current-Asset-Value vs Education Industry
For the Education industry and Consumer Defensive sector, China East Education Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China East Education Holdings'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 €0.02 mean?
China East Education Holdings (FRA:ZX3) has a Net Current Asset Value of €0.02 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 China East Education Holdings and its competitors. This is 100% below median its historical median of 23.07. Over the past decade, China East Education Holdings' Net Current Asset Value has ranged from 6.18 to 44.27. According to the industry distribution chart, China East Education Holdings ranks #107 out of 120 companies in the Education industry, placing it in the top 89.2%.
Is China East Education Holdings' Net Current Asset Value too high?
China East Education Holdings' current Net Current Asset Value of €0.02 is 100% below median its 10-year median of 23.07. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 44.27. Based on the distribution chart, China East Education Holdings ranks #107 out of 120 companies in the Education industry, which is in the bottom quartile relative to peers. Overall, China East Education Holdings has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China East Education Holdings' Net Current Asset Value compare to EDU and TAL?
According to the Education industry distribution chart, China East Education Holdings ranks #107 out of 120 companies for Net Current Asset Value. This places China East Education Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.97. Historically, China East Education Holdings' own Net Current Asset Value has ranged from 6.18 to 44.27 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 an Education company?
The median Net Current Asset Value among Education companies is 4.97, based on 120 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 China East Education Holdings and its competitors. For the Education industry, the median Net Current Asset Value is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China East Education Holdings's current Net Current Asset Value is €0.02, which is 100% below median its own 10-year median of 23.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China East Education Holdings stock overvalued right now?
Based on GuruFocus' analysis, China East Education Holdings (FRA:ZX3) is currently considered Fairly Valued. The stock's GF Value™ is €0.41, compared to a current price of €0.45 — trading 8.8% above its estimated fair value. The current Net Current Asset Value is €0.02, which is 100% below median its 10-year median of 23.07. China East Education Holdings' overall GF Score™ is 49/100 with 2 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 China East Education Holdings (FRA:ZX3), the current Net Current Asset Value is €0.02 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 China East Education Holdings (FRA:ZX3) Overvalued in 2026?
Based on GuruFocus' analysis, China East Education Holdings stock appears to be overvalued.
The current stock price of €0.45 is trading 8.8% above its estimated GF Value™ of €0.41.
GuruFocus considers China East Education Holdings to be Fairly Valued.
Key valuation signals for FRA:ZX3:
Net Current Asset Value: €0.02 (100% below median its 10-year median of 23.07)
GF Value™: €0.41 vs. price of €0.45 (8.8% above fair value)
No single metric tells the full story. See the FRA:ZX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China East Education Holdings Business Description
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. The company's on-campus student population exceeded 150,000 as of June 30, 2025. In 2024, China East Education's revenue breakdown by major businesses was 55% in culinary arts, 19% in information & internet technology, 22% in auto services.
49GF Score
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