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).
The historical rank and industry rank for Turk Prysmian Kablo ve Sistemleri AS's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Turk Prysmian Kablo ve Sistemleri AS was 90.26. The lowest was 1.50. And the median was 8.59.
IST:PRKAB's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.58 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) 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.
Turk Prysmian Kablo ve Sistemleri AS Net Current Asset Value Related Terms
Turk Prysmian Kablo ve Sistemleri AS 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.
Turk Prysmian Kablo ve Sistemleri AS Net Current Asset Value Chart
IST:PRKAB vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Turk Prysmian Kablo ve Sistemleri AS'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.
Turk Prysmian Kablo ve Sistemleri AS Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Turk Prysmian Kablo ve Sistemleri AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Turk Prysmian Kablo ve Sistemleri AS'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 ₺-0.60 mean?
Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) has a Net Current Asset Value of ₺-0.60 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 Turk Prysmian Kablo ve Sistemleri AS and its competitors. Over the past decade, Turk Prysmian Kablo ve Sistemleri AS's Net Current Asset Value has ranged from 1.50 to 90.26. According to the industry distribution chart, Turk Prysmian Kablo ve Sistemleri AS ranks #999999 out of 2217 companies in the Industrial Products industry.
Is Turk Prysmian Kablo ve Sistemleri AS's Net Current Asset Value too high?
Turk Prysmian Kablo ve Sistemleri AS's current Net Current Asset Value is ₺-0.60. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 90.26. Based on the distribution chart, Turk Prysmian Kablo ve Sistemleri AS ranks #999999 out of 2217 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Turk Prysmian Kablo ve Sistemleri AS has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turk Prysmian Kablo ve Sistemleri AS's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Turk Prysmian Kablo ve Sistemleri AS ranks #999999 out of 2217 companies for Net Current Asset Value. This places Turk Prysmian Kablo ve Sistemleri AS in the lower half of its industry. The industry median Net Current Asset Value is 5.58. Historically, Turk Prysmian Kablo ve Sistemleri AS's own Net Current Asset Value has ranged from 1.50 to 90.26 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.58, based on 2,217 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 Turk Prysmian Kablo ve Sistemleri AS and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turk Prysmian Kablo ve Sistemleri AS's current Net Current Asset Value is ₺-0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Prysmian Kablo ve Sistemleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺32.59, compared to a current price of ₺36.42 — trading 11.8% above its estimated fair value. The current Net Current Asset Value is ₺-0.60. Turk Prysmian Kablo ve Sistemleri AS's overall GF Score™ is 66/100 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 Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB), the current Net Current Asset Value is ₺-0.60 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 Turk Prysmian Kablo ve Sistemleri AS (IST:PRKAB) Overvalued in 2026?
Based on GuruFocus' analysis, Turk Prysmian Kablo ve Sistemleri AS stock appears to be overvalued.
The current stock price of ₺36.42 is trading 11.8% above its estimated GF Value™ of ₺32.59.
GuruFocus considers Turk Prysmian Kablo ve Sistemleri AS to be Modestly Overvalued.
Key valuation signals for IST:PRKAB:
Net Current Asset Value: ₺-0.60
GF Value™: ₺32.59 vs. price of ₺36.42 (11.8% above fair value)
No single metric tells the full story. See the IST:PRKAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turk Prysmian Kablo ve Sistemleri AS Business Description
Turk Prysmian Kablo ve Sistemleri AS is a Turkey-based company that engages in the manufacturing, export, import and trading of all kinds of cables, conductors, machines, apparatuses, tools, and equipment as well as their spare parts and accessories. It produces electrical cables along with a range of accessories from extremely high to very low voltage, which is resistant to very high temperatures, fire, chemical agents and nuclear radiation for land, submarine, underground and overhead applications. The company distributes its products in the domestic market and to overseas markets.
66GF 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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