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).
The historical rank and industry rank for Lleidanetworks Serveis Telematics's Net Current Asset Value or its related term are showing as below:
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lleidanetworks Serveis Telematics was 30.50. The lowest was 30.50. And the median was 30.50.
LLEIF's Price-to-Net-Current-Asset-Value is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.58 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Lleidanetworks Serveis Telematics (OTCPK:LLEIF) 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.
Lleidanetworks Serveis Telematics Net Current Asset Value Related Terms
Lleidanetworks Serveis Telematics 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.
Lleidanetworks Serveis Telematics Net Current Asset Value Chart
LLEIF vs TMUS, VZ, T: Net Current Asset Value Comparison
For the Telecom Services subindustry, Lleidanetworks Serveis Telematics'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.
Lleidanetworks Serveis Telematics Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Lleidanetworks Serveis Telematics's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lleidanetworks Serveis Telematics'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 $-0.36 mean?
Lleidanetworks Serveis Telematics (LLEIF) has a Net Current Asset Value of $-0.36 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 Lleidanetworks Serveis Telematics and its competitors. Over the past decade, Lleidanetworks Serveis Telematics' Net Current Asset Value has ranged from 30.50 to 30.50. According to the industry distribution chart, Lleidanetworks Serveis Telematics ranks #999999 out of 97 companies in the Telecommunication Services industry.
Is Lleidanetworks Serveis Telematics' Net Current Asset Value too high?
Lleidanetworks Serveis Telematics' current Net Current Asset Value is $-0.36. Over the past 10 years, this metric has ranged from a low of 30.50 to a high of 30.50. Based on the distribution chart, Lleidanetworks Serveis Telematics ranks #999999 out of 97 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Lleidanetworks Serveis Telematics has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Lleidanetworks Serveis Telematics' Net Current Asset Value compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Lleidanetworks Serveis Telematics ranks #999999 out of 97 companies for Net Current Asset Value. This places Lleidanetworks Serveis Telematics in the lower half of its industry. The industry median Net Current Asset Value is 5.58. Historically, Lleidanetworks Serveis Telematics' own Net Current Asset Value has ranged from 30.50 to 30.50 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 Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 5.58, based on 97 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 Lleidanetworks Serveis Telematics and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lleidanetworks Serveis Telematics's current Net Current Asset Value is $-0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lleidanetworks Serveis Telematics stock overvalued right now?
Lleidanetworks Serveis Telematics (LLEIF) has a current Net Current Asset Value of $-0.36. The stock's GF Value™ is $1.78, compared to a current price of $1.55 — trading 12.9% below its estimated fair value. The current Net Current Asset Value is $-0.36. Lleidanetworks Serveis Telematics' overall GF Score™ is 56/100 with 2 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 Lleidanetworks Serveis Telematics (LLEIF), the current Net Current Asset Value is $-0.36 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 Lleidanetworks Serveis Telematics (LLEIF) Overvalued in 2026?
Based on GuruFocus' analysis, Lleidanetworks Serveis Telematics stock appears to be undervalued.
The current stock price of $1.55 is trading 12.9% below its estimated GF Value™ of $1.78.
Key valuation signals for LLEIF:
Net Current Asset Value: $-0.36
GF Value™: $1.78 vs. price of $1.55 (12.9% below fair value)
No single metric tells the full story. See the LLEIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lleidanetworks Serveis Telematics Business Description
Lleidanetworks Serveis Telematics SA activity consists of acting as a telecommunications operator providing short message (SMS) management services via the Internet, notification services, and electronic contracting, as well as any other activities related to the aforementioned corporate purpose. The Group's principal activity is the management of short message services (SMS) via the Internet, as well as the provision of telecommunications services. The company's services are Registered Email Contract, Registered SMS, Openum, Openum eIDAS, Registered Invoice, Registered Inbox, Click & Sign, GDPR Solution, Universal Signed Docs Verifier, Two-Factor Authentication, Certvalidator, eKYC Video, Digital Certificates, Time Stamp, Wallet, etc.
56GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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