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.
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).
Salhia Real Estate Co KSCP's net current asset value per share for the quarter that ended in Mar. 2026 was KWD-0.57.
The historical rank and industry rank for Salhia Real Estate Co KSCP's Net Current Asset Value or its related term are showing as below:
KUW:SRE's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.06 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Salhia Real Estate Co KSCP (KUW:SRE) 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.
Salhia Real Estate Co KSCP Net Current Asset Value Related Terms
Salhia Real Estate Co KSCP 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.
Salhia Real Estate Co KSCP Net Current Asset Value Chart
Salhia Real Estate Co KSCP Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, Salhia Real Estate Co KSCP'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.
Salhia Real Estate Co KSCP Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Salhia Real Estate Co KSCP'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 KWD-0.57 mean?
Salhia Real Estate Co KSCP (KUW:SRE) has a Net Current Asset Value of KWD-0.57 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 Salhia Real Estate Co KSCP and its competitors. According to the industry distribution chart, Salhia Real Estate Co KSCP ranks #999999 out of 755 companies in the Real Estate industry.
Is Salhia Real Estate Co KSCP's Net Current Asset Value too high?
Salhia Real Estate Co KSCP's current Net Current Asset Value is KWD-0.57. Based on the distribution chart, Salhia Real Estate Co KSCP ranks #999999 out of 755 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Salhia Real Estate Co KSCP has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salhia Real Estate Co KSCP's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Salhia Real Estate Co KSCP ranks #999999 out of 755 companies for Net Current Asset Value. This places Salhia Real Estate Co KSCP in the lower half of its industry. The industry median Net Current Asset Value is 2.06. 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 2.06, based on 755 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 Salhia Real Estate Co KSCP and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salhia Real Estate Co KSCP's current Net Current Asset Value is KWD-0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salhia Real Estate Co KSCP stock overvalued right now?
Based on GuruFocus' analysis, Salhia Real Estate Co KSCP (KUW:SRE) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD0.46, compared to a current price of KWD0.38 — trading 16.7% below its estimated fair value. The current Net Current Asset Value is KWD-0.57. Salhia Real Estate Co KSCP's overall GF Score™ is 55/100 with 7 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 Salhia Real Estate Co KSCP (KUW:SRE), the current Net Current Asset Value is KWD-0.57 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 Salhia Real Estate Co KSCP (KUW:SRE) Overvalued in 2026?
Based on GuruFocus' analysis, Salhia Real Estate Co KSCP stock appears to be undervalued.
The current stock price of KWD0.38 is trading 16.7% below its estimated GF Value™ of KWD0.46.
GuruFocus considers Salhia Real Estate Co KSCP to be Modestly Undervalued.
Key valuation signals for KUW:SRE:
Net Current Asset Value: KWD-0.57
GF Value™: KWD0.46 vs. price of KWD0.38 (16.7% below fair value)
No single metric tells the full story. See the KUW:SRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salhia Real Estate Co KSCP is engaged in real estate leasing and development of commercial properties and hotel operations. The company operates its following reportable segments: Real Estate Operations and Hotel Operations. Real estate operations: Consist of development and leasing of properties. Hotel operations: Consist of the hotel hospitality services provided through JW Marriott Hotel Kuwait, Courtyard Marriott Hotel-Kuwait and Arraya Ballroom Kuwait, and Marriot Executive Apartments. Key revenue is generated from Real estate operations. Geographically, the company has its projects in Kuwait, United Kingdom, and Germany.
55GF Score
Get the complete analysis for KUW:SRE
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
KUW:SRE has been successfully added to your 
