Netcall (LSE:NET) Net Current Asset Value: £-0.14 (As of Dec. 2025)


LSE:NET Netcall PLC LSE:NET
92 GF Score
Price £1.19
GF Value £1.44
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Netcall Net Current Asset Value?

Netcall LSE:NET 92 Net Current Asset Value is £-0.14 as of Dec. 2025. GuruFocus rates LSE:NET with a GF Score™ of 92/100 and a GF Value™ of £1.44 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,756 Software companies, Netcall ranks worse than 56947.55% 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).

Netcall's net current asset value per share for the quarter that ended in Dec. 2025 was £-0.14.

The historical rank and industry rank for Netcall's Net Current Asset Value or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Netcall was 102.00. The lowest was 7.07. And the median was 21.35.

LSE:NET's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.84
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Netcall  (LSE:NET) 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.


Netcall Net Current Asset Value Related Terms


Netcall Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Netcall'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.

Netcall Net Current Asset Value Chart

Netcall Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.03 0.01 0.03 -0.05

Netcall Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.03 0.03 -0.07 -0.05 -0.14

LSE:NET vs CRM, SHOP, UBER: Net Current Asset Value Comparison

For the Software - Application subindustry, Netcall'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.


Netcall Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Netcall's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Netcall's Price-to-Net-Current-Asset-Value falls into.


LSE:NET
92GF Score
Netcall PLC LSE:NET
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Netcall Net Current Asset Value Calculation

Netcall's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(35.186-44.264-0-0)/166.770
=-0.05

Netcall's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(23.616-47.248-0-0)/170.484
=-0.14

* 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 £-0.14 mean?
Netcall (LSE:NET) has a Net Current Asset Value of £-0.14 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 Netcall and its competitors. Over the past decade, Netcall's Net Current Asset Value has ranged from 7.07 to 102.00. According to the industry distribution chart, Netcall ranks #999999 out of 1756 companies in the Software industry.
Is Netcall's Net Current Asset Value too high?
Netcall's current Net Current Asset Value is £-0.14. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 102.00. Based on the distribution chart, Netcall ranks #999999 out of 1756 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Netcall has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netcall's Net Current Asset Value compare to CRM and SHOP?
According to the Software industry distribution chart, Netcall ranks #999999 out of 1756 companies for Net Current Asset Value. This places Netcall in the lower half of its industry. The industry median Net Current Asset Value is 4.84. Historically, Netcall's own Net Current Asset Value has ranged from 7.07 to 102.00 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 Software company?
The median Net Current Asset Value among Software companies is 4.84, based on 1,756 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 Netcall and its competitors. For the Software industry, the median Net Current Asset Value is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcall's current Net Current Asset Value is £-0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcall stock overvalued right now?
Based on GuruFocus' analysis, Netcall (LSE:NET) is currently considered Modestly Undervalued. The stock's GF Value™ is £1.44, compared to a current price of £1.19 — trading 17.4% below its estimated fair value. The current Net Current Asset Value is £-0.14. Netcall's overall GF Score™ is 92/100 with 3 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 Netcall (LSE:NET), the current Net Current Asset Value is £-0.14 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 Netcall (LSE:NET) Overvalued in 2026?

Based on GuruFocus' analysis, Netcall stock appears to be undervalued. The current stock price of £1.19 is trading 17.4% below its estimated GF Value™ of £1.44. GuruFocus considers Netcall to be Modestly Undervalued.

Key valuation signals for LSE:NET:

  • Net Current Asset Value: £-0.14
  • GF Value™: £1.44 vs. price of £1.19 (17.4% below fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the LSE:NET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netcall Business Description

Address Brickhill Drive, Suite 203, Bedford Heights, Bedford, GBR, MK41 7PH
Netcall PLC is an enterprise software company. Its Liberty software platform with intelligent automation and customer engagement solutions helps organizations digitally transform their businesses faster and more efficiently, empowering them to create a leaner, more customer-centric organization. The company's customers span across the enterprise, healthcare and government sectors.
92GF 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.

£1.19
Price
£1.44
GF Value