Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Purple GroupJSE:PPE +1.18%74 Net Current Asset Value is R0.06 as of Feb. 2026, which is 100% below its 10-year median of 42.50. GuruFocus rates JSE:PPE with a GF Score™ of 74/100 and a GF Value™ of R2.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 198 Diversified Financial Services companies, Purple Group ranks worse than 84.85% 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).
Purple Group's net current asset value per share for the quarter that ended in Feb. 2026 was R0.06.
The historical rank and industry rank for Purple Group's Net Current Asset Value or its related term are showing as below:
JSE:PPE'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 28.33 Med: 42.5 Max: 51
Current: 28.67
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Purple Group was 51.00. The lowest was 28.33. And the median was 42.50.
JSE:PPE's Price-to-Net-Current-Asset-Value is ranked worse than 84.85% of 198
companies
in the Diversified Financial Services industry
Industry Median: 2.31
vs JSE:PPE: 28.67
Purple Group (JSE:PPE) 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.
Purple Group Net Current Asset Value Related Terms
Purple Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Purple 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.
JSE:PPE vs VOYA, FRHC: Net Current Asset Value Comparison
For the Financial Conglomerates subindustry, Purple 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.
Purple Group Price-to-Net-Current-Asset-Value vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Purple Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Purple 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 R0.06 mean?
Purple Group (JSE:PPE) has a Net Current Asset Value of R0.06 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Purple Group and its competitors. This is 100% below median its historical median of 42.50. Over the past decade, Purple Group's Net Current Asset Value has ranged from 28.33 to 51.00. According to the industry distribution chart, Purple Group ranks #168 out of 198 companies in the Diversified Financial Services industry, placing it in the top 84.8%.
Is Purple Group's Net Current Asset Value too high?
Purple Group's current Net Current Asset Value of R0.06 is 100% below median its 10-year median of 42.50. Over the past 10 years, this metric has ranged from a low of 28.33 to a high of 51.00. Based on the distribution chart, Purple Group ranks #168 out of 198 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Purple Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Purple Group's Net Current Asset Value compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Purple Group ranks #168 out of 198 companies for Net Current Asset Value. This places Purple Group in the lower half of its industry. The industry median Net Current Asset Value is 2.31. Historically, Purple Group's own Net Current Asset Value has ranged from 28.33 to 51.00 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 Diversified Financial Services company?
The median Net Current Asset Value among Diversified Financial Services companies is 2.31, based on 198 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 Purple Group and its competitors. For the Diversified Financial Services industry, the median Net Current Asset Value is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Purple Group's current Net Current Asset Value is R0.06, which is 100% below median its own 10-year median of 42.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Group stock overvalued right now?
Based on GuruFocus' analysis, Purple Group (JSE:PPE) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.21, compared to a current price of R1.72 — trading 22.2% below its estimated fair value. The current Net Current Asset Value is R0.06, which is 100% below median its 10-year median of 42.50. Purple Group's overall GF Score™ is 74/100 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 Purple Group (JSE:PPE), the current Net Current Asset Value is R0.06 as of Feb. 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 Purple Group (JSE:PPE) Overvalued in 2026?
Based on GuruFocus' analysis, Purple Group stock appears to be undervalued.
The current stock price of R1.72 is trading 22.2% below its estimated GF Value™ of R2.21.
GuruFocus considers Purple Group to be Modestly Undervalued.
Key valuation signals for JSE:PPE:
Net Current Asset Value: R0.06 (100% below median its 10-year median of 42.50)
GF Value™: R2.21 vs. price of R1.72 (22.2% below fair value)
No single metric tells the full story. See the JSE:PPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Purple Group Ltd operates as a financial services company. The company engages in trading, investing, and asset management, and also offers various products and services related to investing and managing portfolios. The Group comprises the following operating segments: Easy Group includes First World Trader Proprietary Limited (FWT or EasyEquities), EasyProperties Proprietary Limited (EasyProperties), EasyDefi Technologies Proprietary Limited (Easy Crypto), and Retirement Investments and Savings for Everyone (RISE or EasyRetire). Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.
74GF Score
Get the complete analysis for JSE:PPE
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:PPE has been successfully added to your 
