TFF GroupFRFTF 82 Net Current Asset Value is $6.96 as of Oct. 2025, which is 31% above its 10-year median of 5.32. GuruFocus rates FRFTF with a GF Score™ of 82/100 and a GF Value™ of $31.27. The stock has 6 warning signs investors should review. Among 220 Packaging & Containers companies, TFF Group ranks better than 60% 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).
TFF Group's net current asset value per share for the quarter that ended in Oct. 2025 was $6.96.
The historical rank and industry rank for TFF Group's Net Current Asset Value or its related term are showing as below:
FRFTF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.64 Med: 5.32 Max: 6.95
Current: 2.64
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of TFF Group was 6.95. The lowest was 2.64. And the median was 5.32.
FRFTF's Price-to-Net-Current-Asset-Value is ranked better than 60% of 220
companies
in the Packaging & Containers industry
Industry Median: 3.42
vs FRFTF: 2.64
TFF Group (OTCPK:FRFTF) 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.
TFF Group Net Current Asset Value Related Terms
TFF Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for TFF 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.
FRFTF vs SW, PKG, IP: Net Current Asset Value Comparison
For the Packaging & Containers subindustry, TFF 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.
TFF Group Price-to-Net-Current-Asset-Value vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TFF Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TFF 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 $6.96 mean?
TFF Group (FRFTF) has a Net Current Asset Value of $6.96 as of Oct. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on TFF Group and its competitors. This is 31% above median its historical median of 5.32. Over the past decade, TFF Group's Net Current Asset Value has ranged from 2.64 to 6.95. According to the industry distribution chart, TFF Group ranks #88 out of 220 companies in the Packaging & Containers industry, placing it in the top 40%.
Is TFF Group's Net Current Asset Value too high?
TFF Group's current Net Current Asset Value of $6.96 is 31% above median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 6.95. The Packaging & Containers industry median Net Current Asset Value is 3.42. TFF Group's value of $6.96 is 103.5% above this industry median. Based on the distribution chart, TFF Group ranks #88 out of 220 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, TFF Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does TFF Group's Net Current Asset Value compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TFF Group ranks #88 out of 220 companies for Net Current Asset Value. This puts TFF Group in the upper half of its industry. The industry median Net Current Asset Value is 3.42. TFF Group's value of $6.96 is 103.5% above this benchmark. Historically, TFF Group's own Net Current Asset Value has ranged from 2.64 to 6.95 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 3.42, TFF Group has consistently been above the industry average. 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 Packaging & Containers company?
The median Net Current Asset Value among Packaging & Containers companies is 3.42, based on 220 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. TFF Group's current Net Current Asset Value of $6.96 is 103.5% above the industry median. 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 TFF Group and its competitors. For the Packaging & Containers industry, the median Net Current Asset Value is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFF Group's current Net Current Asset Value is $6.96, which is 31% above median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFF Group stock overvalued right now?
TFF Group (FRFTF) has a current Net Current Asset Value of $6.96. The stock's GF Value™ is $31.27, compared to a current price of $17.50 — trading 44% below its estimated fair value. The current Net Current Asset Value is $6.96, which is 31% above median its 10-year median of 5.32 and 103.5% above the Packaging & Containers industry median of 3.42. TFF Group's overall GF Score™ is 82/100 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 TFF Group (FRFTF), the current Net Current Asset Value is $6.96 as of Oct. 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 TFF Group (FRFTF) Overvalued in 2026?
Based on GuruFocus' analysis, TFF Group stock appears to be undervalued.
The current stock price of $17.50 is trading 44% below its estimated GF Value™ of $31.27.
Key valuation signals for FRFTF:
Net Current Asset Value: $6.96 (31% above median its 10-year median of 5.32)
GF Value™: $31.27 vs. price of $17.50 (44% below fair value)
Industry Position: 103.5% above the Packaging & Containers median (#88 of 220)
No single metric tells the full story. See the FRFTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TFF Group is a France-based company operating in the beverage industry. The company is engaged in the manufacturing and distribution of barrels and wood products for the ageing of wines and spirits in France. The company also offers cooperages, staves, and casks. Its principal markets include wines, whiskey, and spirits. Geographically, the company derives maximum revenue from the United States and the rest from Europe (excluding France), Oceania and South Africa, France, and other regions.
82GF Score
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