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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).
IST:EUREN's Price-to-Net-Current-Asset-Value is ranked worse than 90.59% of 1063
companies
in the Construction industry
Industry Median: 3.19
vs IST:EUREN: 21.63
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) 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.
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Net Current Asset Value Related Terms
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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.
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Net Current Asset Value Chart
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data
IST:EUREN vs TT, JCI, CARR: Net Current Asset Value Comparison
For the Building Products & Equipment subindustry, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Price-to-Net-Current-Asset-Value vs Construction Industry
* 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 ₺0.19 mean?
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) has a Net Current Asset Value of ₺0.19 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 Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi and its competitors. This is 99% below median its historical median of 27.54. Over the past decade, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Net Current Asset Value has ranged from 6.57 to 112.19. According to the industry distribution chart, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi ranks #963 out of 1063 companies in the Construction industry, placing it in the top 90.6%.
Is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Net Current Asset Value too high?
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's current Net Current Asset Value of ₺0.19 is 99% below median its 10-year median of 27.54. Over the past 10 years, this metric has ranged from a low of 6.57 to a high of 112.19. Based on the distribution chart, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi ranks #963 out of 1063 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Net Current Asset Value compare to TT and JCI?
According to the Construction industry distribution chart, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi ranks #963 out of 1063 companies for Net Current Asset Value. This places Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi in the lower half of its industry. The industry median Net Current Asset Value is 3.19. Historically, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's own Net Current Asset Value has ranged from 6.57 to 112.19 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.19, based on 1,063 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 Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi and its competitors. For the Construction industry, the median Net Current Asset Value is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's current Net Current Asset Value is ₺0.19, which is 99% below median its own 10-year median of 27.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺9.36, compared to a current price of ₺4.11 — trading 56.1% below its estimated fair value. The current Net Current Asset Value is ₺0.19, which is 99% below median its 10-year median of 27.54. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's overall GF Score™ is 79/100 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 Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN), the current Net Current Asset Value is ₺0.19 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 Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Overvalued in 2026?
Based on GuruFocus' analysis, Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi stock appears to be undervalued.
The current stock price of ₺4.11 is trading 56.1% below its estimated GF Value™ of ₺9.36.
GuruFocus considers Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi to be Significantly Undervalued.
Key valuation signals for IST:EUREN:
Net Current Asset Value: ₺0.19 (99% below median its 10-year median of 27.54)
GF Value™: ₺9.36 vs. price of ₺4.11 (56.1% below fair value)
No single metric tells the full story. See the IST:EUREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Business Description
Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.
79GF Score
Get the complete analysis for IST:EUREN
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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