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init innovation in traffic systems SELTS:0EWR 95 Net Current Asset Value is €0.40 as of Mar. 2026, which is 100% below its 10-year median of 29.07. GuruFocus rates LTS:0EWR with a GF Score™ of 95/100 and a GF Value™ of €56.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,758 Software companies, init innovation in traffic systems SE ranks worse than 98.24% 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).
LTS:0EWR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.19 Med: 29.07 Max: 3900
Current: 119.75
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of init innovation in traffic systems SE was 3900.00. The lowest was 5.19. And the median was 29.07.
LTS:0EWR's Price-to-Net-Current-Asset-Value is ranked worse than 98.24% of 1758
companies
in the Software industry
Industry Median: 4.71
vs LTS:0EWR: 119.75
init innovation in traffic systems SE (LTS:0EWR) 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.
init innovation in traffic systems SE Net Current Asset Value Related Terms
init innovation in traffic systems SE 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.
init innovation in traffic systems SE Net Current Asset Value Chart
LTS:0EWR vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, init innovation in traffic systems SE'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.
init innovation in traffic systems SE Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, init innovation in traffic systems SE's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where init innovation in traffic systems SE'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 €0.40 mean?
init innovation in traffic systems SE (LTS:0EWR) has a Net Current Asset Value of €0.40 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 init innovation in traffic systems SE and its competitors. This is 99% below median its historical median of 29.07. Over the past decade, init innovation in traffic systems SE's Net Current Asset Value has ranged from 5.19 to 3,900.00. According to the industry distribution chart, init innovation in traffic systems SE ranks #1727 out of 1758 companies in the Software industry, placing it in the top 98.2%.
Is init innovation in traffic systems SE's Net Current Asset Value too high?
init innovation in traffic systems SE's current Net Current Asset Value of €0.40 is 99% below median its 10-year median of 29.07. Over the past 10 years, this metric has ranged from a low of 5.19 to a high of 3,900.00. Based on the distribution chart, init innovation in traffic systems SE ranks #1727 out of 1758 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, init innovation in traffic systems SE has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does init innovation in traffic systems SE's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, init innovation in traffic systems SE ranks #1727 out of 1758 companies for Net Current Asset Value. This places init innovation in traffic systems SE in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, init innovation in traffic systems SE's own Net Current Asset Value has ranged from 5.19 to 3,900.00 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 4.71, based on 1,758 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 init innovation in traffic systems SE and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. init innovation in traffic systems SE's current Net Current Asset Value is €0.40, which is 99% below median its own 10-year median of 29.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is init innovation in traffic systems SE stock overvalued right now?
Based on GuruFocus' analysis, init innovation in traffic systems SE (LTS:0EWR) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.51, compared to a current price of €47.90 — trading 15.2% below its estimated fair value. The current Net Current Asset Value is €0.40, which is 99% below median its 10-year median of 29.07. init innovation in traffic systems SE's overall GF Score™ is 95/100 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 init innovation in traffic systems SE (LTS:0EWR), the current Net Current Asset Value is €0.40 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 init innovation in traffic systems SE (LTS:0EWR) Overvalued in 2026?
Based on GuruFocus' analysis, init innovation in traffic systems SE stock appears to be undervalued.
The current stock price of €47.90 is trading 15.2% below its estimated GF Value™ of €56.51.
GuruFocus considers init innovation in traffic systems SE to be Modestly Undervalued.
Key valuation signals for LTS:0EWR:
Net Current Asset Value: €0.40 (99% below median its 10-year median of 29.07)
GF Value™: €56.51 vs. price of €47.90 (15.2% below fair value)
No single metric tells the full story. See the LTS:0EWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
init innovation in traffic systems SE Business Description
init innovation in traffic systems SE supplies transportation telematics systems. It mainly offers integrated planning, dispatching, telematics, and ticketing solutions for buses and trains around the world. The company operates through the following divisions: INIT Integrated Systems, INIT Cloud Solutions, and INIT Passenger Intelligence. The INIT Integrated Systems division installs and operates integrated hardware and software systems for transport operators; the INIT Cloud Solutions unit offers software and data platforms; and the INIT Passenger Intelligence unit offers solutions to track, analyze, and monitor passenger movement in public transport to optimize overall public transport performance and comfort. Geographically, the company generates maximum revenue from North America.
95GF Score
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