Alargan International Real Estate Co (KUW:ARGAN) Net Current Asset Value: KWD-0.46 (As of Mar. 2026)

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What is Alargan International Real Estate Co Net Current Asset Value?

Alargan International Real Estate Co KUW:ARGAN Net Current Asset Value is KWD-0.46 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 754 Real Estate companies, Alargan International Real Estate Co ranks worse than 132625.86% 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).

Alargan International Real Estate Co's net current asset value per share for the quarter that ended in Mar. 2026 was KWD-0.46.

The historical rank and industry rank for Alargan International Real Estate Co's Net Current Asset Value or its related term are showing as below:

KUW:ARGAN's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.105
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Alargan International Real Estate Co  (KUW:ARGAN) 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 Graham’s 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.


Alargan International Real Estate Co Net Current Asset Value Related Terms


Alargan International Real Estate Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Alargan International Real Estate Co'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.

Alargan International Real Estate Co Net Current Asset Value Chart

Alargan International Real Estate Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.39 -0.42 -0.44 -0.45

Alargan International Real Estate Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.43 -0.44 -0.44 -0.45 -0.46

KUW:ARGAN vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, Alargan International Real Estate Co'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.


Alargan International Real Estate Co Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alargan International Real Estate Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Alargan International Real Estate Co's Price-to-Net-Current-Asset-Value falls into.



Alargan International Real Estate Co Net Current Asset Value Calculation

Alargan International Real Estate Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(38.811-183.218-0.55-0)/320.650
=-0.45

Alargan International Real Estate Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39.377-185.39-0.549-0)/320.650
=-0.46

* 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 KWD-0.46 mean?
Alargan International Real Estate Co (KUW:ARGAN) has a Net Current Asset Value of KWD-0.46 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 Alargan International Real Estate Co and its competitors. According to the industry distribution chart, Alargan International Real Estate Co ranks #999999 out of 754 companies in the Real Estate industry.
Is Alargan International Real Estate Co's Net Current Asset Value too high?
Alargan International Real Estate Co's current Net Current Asset Value is KWD-0.46. Based on the distribution chart, Alargan International Real Estate Co ranks #999999 out of 754 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Alargan International Real Estate Co's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Alargan International Real Estate Co ranks #999999 out of 754 companies for Net Current Asset Value. This places Alargan International Real Estate Co in the lower half of its industry. The industry median Net Current Asset Value is 2.11. 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.11, based on 754 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 Alargan International Real Estate Co and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alargan International Real Estate Co's current Net Current Asset Value is KWD-0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alargan International Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Alargan International Real Estate Co (KUW:ARGAN) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.09, compared to a current price of KWD0.12 — trading 27.8% above its estimated fair value. The current Net Current Asset Value is KWD-0.46. 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 Alargan International Real Estate Co (KUW:ARGAN), the current Net Current Asset Value is KWD-0.46 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.

Alargan International Real Estate Co Business Description

Address Free Trade Zone, Argan Business Park, P.O.Box 8904, Shuwaikh (Block F98), Kuwait City, KWT, 22060
Alargan International Real Estate Co is a real estate company in Kuwait. Its activities are represented primarily in real estate investment activity, contracting activities and hotels and resorts activities. Its operating segments include Real estate investment, Contracting, Hotels, and resorts. The group primarily operates inside Kuwait and outside Kuwait which includes the Kingdom of Saudi Arabia, Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the Republic of Lebanon. Geographically the company receives maximum revenue from inside Kuwait.