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Astral FoodsJSE:ARL -0.53%85 Net Current Asset Value is R57.89 as of Mar. 2026, which is 100% below its 10-year median of 6.83. GuruFocus rates JSE:ARL with a GF Score™ of 85/100 and a GF Value™ of R202.92 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,056 Consumer Packaged Goods companies, Astral Foods ranks better than 54.83% 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).
Astral Foods's net current asset value per share for the quarter that ended in Mar. 2026 was R57.89.
The historical rank and industry rank for Astral Foods's Net Current Asset Value or its related term are showing as below:
JSE:ARL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.54 Med: 6.83 Max: 45.6
Current: 3.63
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Astral Foods was 45.60. The lowest was 3.54. And the median was 6.83.
JSE:ARL's Price-to-Net-Current-Asset-Value is ranked better than 54.83% of 1056
companies
in the Consumer Packaged Goods industry
Industry Median: 4.195
vs JSE:ARL: 3.63
Astral Foods (JSE:ARL) 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.
Astral Foods Net Current Asset Value Related Terms
Astral Foods Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Astral Foods'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.
JSE:ARL vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Farm Products subindustry, Astral Foods'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.
Astral Foods Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Astral Foods's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Astral Foods'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 R57.89 mean?
Astral Foods (JSE:ARL) has a Net Current Asset Value of R57.89 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 Astral Foods and its competitors. This is 748% above median its historical median of 6.83. Over the past decade, Astral Foods' Net Current Asset Value has ranged from 3.54 to 45.60. According to the industry distribution chart, Astral Foods ranks #477 out of 1056 companies in the Consumer Packaged Goods industry, placing it in the top 45.2%.
Is Astral Foods' Net Current Asset Value too high?
Astral Foods' current Net Current Asset Value of R57.89 is 748% above median its 10-year median of 6.83. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 45.60. Based on the distribution chart, Astral Foods ranks #477 out of 1056 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Astral Foods has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Astral Foods' Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Astral Foods ranks #477 out of 1056 companies for Net Current Asset Value. This puts Astral Foods in the upper half of its industry. The industry median Net Current Asset Value is 4.20. Historically, Astral Foods' own Net Current Asset Value has ranged from 3.54 to 45.60 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.20, based on 1,056 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 Astral Foods and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astral Foods's current Net Current Asset Value is R57.89, which is 748% above median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astral Foods stock overvalued right now?
Based on GuruFocus' analysis, Astral Foods (JSE:ARL) is currently considered Fairly Valued. The stock's GF Value™ is R202.92, compared to a current price of R210.10 — trading 3.5% above its estimated fair value. The current Net Current Asset Value is R57.89, which is 748% above median its 10-year median of 6.83. Astral Foods' overall GF Score™ is 85/100 with 1 warning sign 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 Astral Foods (JSE:ARL), the current Net Current Asset Value is R57.89 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 Astral Foods (JSE:ARL) Overvalued in 2026?
Based on GuruFocus' analysis, Astral Foods stock appears to be overvalued.
The current stock price of R210.10 is trading 3.5% above its estimated GF Value™ of R202.92.
GuruFocus considers Astral Foods to be Fairly Valued.
Key valuation signals for JSE:ARL:
Net Current Asset Value: R57.89 (748% above median its 10-year median of 6.83)
GF Value™: R202.92 vs. price of R210.10 (3.5% above fair value)
No single metric tells the full story. See the JSE:ARL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astral Foods Ltd is an integrated poultry producer operating under several brands. It supplies different poultry needs in Africa. The activities are divided into two operating segments. The poultry segment comprises the sale of poultry-related products for human consumption as well as day-old broilers, hatching eggs, and day-old parent stock. The Feed segment comprises the sale of a wide range of specialized feed products for commercially farmed animal species. The majority of revenue is generated from the poultry segment. The company has multiple processing facilities to get the poultry to ready-to-eat form and manufacture vitamin and mineral feed additives.
85GF Score
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