Games Workshop GroupGWKSY +4.07%75 Net Current Asset Value is $0.61 as of Nov. 2025, which is 98% below its 10-year median of 36.55. GuruFocus rates GWKSY with a GF Score™ of 75/100 and a GF Value™ of $21.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 307 Travel & Leisure companies, Games Workshop Group ranks worse than 93.81% 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).
Games Workshop Group's net current asset value per share for the quarter that ended in Nov. 2025 was $0.61.
The historical rank and industry rank for Games Workshop Group's Net Current Asset Value or its related term are showing as below:
GWKSY'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.25 Med: 36.55 Max: 132.67
Current: 43.93
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Games Workshop Group was 132.67. The lowest was 10.25. And the median was 36.55.
GWKSY's Price-to-Net-Current-Asset-Value is ranked worse than 93.81% of 307
companies
in the Travel & Leisure industry
Industry Median: 4
vs GWKSY: 43.93
Games Workshop Group (OTCPK:GWKSY) 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.
Games Workshop Group Net Current Asset Value Related Terms
Games Workshop Group Net Current Asset Value Historical Data
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The historical data trend for Games Workshop 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.
Games Workshop Group Net Current Asset Value Chart
GWKSY vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Games Workshop 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.
Games Workshop Group Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Games Workshop 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 $0.61 mean?
Games Workshop Group (GWKSY) has a Net Current Asset Value of $0.61 as of Nov. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Games Workshop Group and its competitors. This is 98% below median its historical median of 36.55. Over the past decade, Games Workshop Group's Net Current Asset Value has ranged from 10.25 to 132.67. According to the industry distribution chart, Games Workshop Group ranks #288 out of 307 companies in the Travel & Leisure industry, placing it in the top 93.8%.
Is Games Workshop Group's Net Current Asset Value too high?
Games Workshop Group's current Net Current Asset Value of $0.61 is 98% below median its 10-year median of 36.55. Over the past 10 years, this metric has ranged from a low of 10.25 to a high of 132.67. The Travel & Leisure industry median Net Current Asset Value is 4.00. Games Workshop Group's value of $0.61 is 84.8% below this industry median. Based on the distribution chart, Games Workshop Group ranks #288 out of 307 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Games Workshop Group has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Games Workshop Group ranks #288 out of 307 companies for Net Current Asset Value. This places Games Workshop Group in the lower half of its industry. The industry median Net Current Asset Value is 4.00. Games Workshop Group's value of $0.61 is 84.8% below this benchmark. Historically, Games Workshop Group's own Net Current Asset Value has ranged from 10.25 to 132.67 over the past decade. While the company's 10-year median is 36.55 vs. the industry median of 4.00, Games Workshop Group has consistently been below 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.00, based on 307 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. Games Workshop Group's current Net Current Asset Value of $0.61 is 84.8% below 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 Games Workshop Group and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current Net Current Asset Value is $0.61, which is 98% below median its own 10-year median of 36.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (GWKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.42, compared to a current price of $28.11 — trading 31.2% above its estimated fair value. The current Net Current Asset Value is $0.61, which is 98% below median its 10-year median of 36.55 and 84.8% below the Travel & Leisure industry median of 4.00. Games Workshop Group's overall GF Score™ is 75/100 with 5 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 Games Workshop Group (GWKSY), the current Net Current Asset Value is $0.61 as of Nov. 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 Games Workshop Group (GWKSY) Overvalued in 2026?
Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued.
The current stock price of $28.11 is trading 31.2% above its estimated GF Value™ of $21.42.
GuruFocus considers Games Workshop Group to be Significantly Overvalued.
Key valuation signals for GWKSY:
Net Current Asset Value: $0.61 (98% below median its 10-year median of 36.55)
GF Value™: $21.42 vs. price of $28.11 (31.2% above fair value)
Industry Position: 84.8% below the Travel & Leisure median (#288 of 307)
No single metric tells the full story. See the GWKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
75GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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