Grand Parade InvestmentsJSE:GPL +0.54%31 Net Current Asset Value is R0.27 as of Dec. 2025, which is 100% below its 10-year median of 27.88. GuruFocus rates JSE:GPL with a GF Score™ of 31/100 and a GF Value™ of R0.81 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 71 Restaurants companies, Grand Parade Investments ranks better than 66.2% 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).
Grand Parade Investments's net current asset value per share for the quarter that ended in Dec. 2025 was R0.27.
The historical rank and industry rank for Grand Parade Investments's Net Current Asset Value or its related term are showing as below:
JSE:GPL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.81 Med: 27.88 Max: 300.24
Current: 6.85
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Grand Parade Investments was 300.24. The lowest was 6.81. And the median was 27.88.
JSE:GPL's Price-to-Net-Current-Asset-Value is ranked better than 66.2% of 71
companies
in the Restaurants industry
Industry Median: 9.95
vs JSE:GPL: 6.85
Grand Parade Investments (JSE:GPL) 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.
Grand Parade Investments Net Current Asset Value Related Terms
Grand Parade Investments Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Grand Parade Investments'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.
Grand Parade Investments Net Current Asset Value Chart
JSE:GPL vs MCD, SBUX, YUM: Net Current Asset Value Comparison
For the Restaurants subindustry, Grand Parade Investments'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.
Grand Parade Investments Price-to-Net-Current-Asset-Value vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Grand Parade Investments's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Grand Parade Investments'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 R0.27 mean?
Grand Parade Investments (JSE:GPL) has a Net Current Asset Value of R0.27 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Grand Parade Investments and its competitors. This is 99% below median its historical median of 27.88. Over the past decade, Grand Parade Investments' Net Current Asset Value has ranged from 6.81 to 300.24. According to the industry distribution chart, Grand Parade Investments ranks #24 out of 71 companies in the Restaurants industry, placing it in the top 33.8%.
Is Grand Parade Investments' Net Current Asset Value too high?
Grand Parade Investments' current Net Current Asset Value of R0.27 is 99% below median its 10-year median of 27.88. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 300.24. Based on the distribution chart, Grand Parade Investments ranks #24 out of 71 companies in the Restaurants industry, which is above the industry midpoint. Overall, Grand Parade Investments has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Parade Investments' Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Grand Parade Investments ranks #24 out of 71 companies for Net Current Asset Value. This puts Grand Parade Investments in the upper half of its industry. The industry median Net Current Asset Value is 9.95. Historically, Grand Parade Investments' own Net Current Asset Value has ranged from 6.81 to 300.24 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 Restaurants company?
The median Net Current Asset Value among Restaurants companies is 9.95, based on 71 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 Grand Parade Investments and its competitors. For the Restaurants industry, the median Net Current Asset Value is 9.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Parade Investments's current Net Current Asset Value is R0.27, which is 99% below median its own 10-year median of 27.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Parade Investments stock overvalued right now?
Based on GuruFocus' analysis, Grand Parade Investments (JSE:GPL) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.81, compared to a current price of R1.85 — trading 128.4% above its estimated fair value. The current Net Current Asset Value is R0.27, which is 99% below median its 10-year median of 27.88. Grand Parade Investments' overall GF Score™ is 31/100 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 Grand Parade Investments (JSE:GPL), the current Net Current Asset Value is R0.27 as of Dec. 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 Grand Parade Investments (JSE:GPL) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Parade Investments stock appears to be overvalued.
The current stock price of R1.85 is trading 128.4% above its estimated GF Value™ of R0.81.
GuruFocus considers Grand Parade Investments to be Significantly Overvalued.
Key valuation signals for JSE:GPL:
Net Current Asset Value: R0.27 (99% below median its 10-year median of 27.88)
GF Value™: R0.81 vs. price of R1.85 (128.4% above fair value)
No single metric tells the full story. See the JSE:GPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Parade Investments Ltd is an empowerment company. The company's operating segments include Food, gaming, and leisure. It generates maximum revenue from the Gaming and Leisure segment. The gaming and leisure segment includes SunWest, Sun Slots, Worcester Casino, and Infinity Gaming Africa.
31GF Score
Get the complete analysis for JSE:GPL
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:GPL has been successfully added to your 
