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Himsnab Bulgaria ADLTS:0N22 25 Net Current Asset Value is лв13.98 as of Mar. 2026, which is 100% below its 10-year median of 12.80. GuruFocus rates LTS:0N22 with a GF Score™ of 25/100. The stock has 4 warning signs investors should review. Among 755 Real Estate companies, Himsnab Bulgaria AD ranks worse than 74.83% 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).
Himsnab Bulgaria AD's net current asset value per share for the quarter that ended in Mar. 2026 was лв13.98.
The historical rank and industry rank for Himsnab Bulgaria AD's Net Current Asset Value or its related term are showing as below:
LTS:0N22'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.05 Med: 12.8 Max: 54.85
Current: 5.05
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Himsnab Bulgaria AD was 54.85. The lowest was 5.05. And the median was 12.80.
LTS:0N22's Price-to-Net-Current-Asset-Value is ranked worse than 74.83% of 755
companies
in the Real Estate industry
Industry Median: 2.12
vs LTS:0N22: 5.05
Himsnab Bulgaria AD (LTS:0N22) 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.
Himsnab Bulgaria AD Net Current Asset Value Related Terms
Himsnab Bulgaria AD Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Himsnab Bulgaria AD'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.
LTS:0N22 vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Himsnab Bulgaria AD'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.
Himsnab Bulgaria AD Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Himsnab Bulgaria AD's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Himsnab Bulgaria AD'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 лв13.98 mean?
Himsnab Bulgaria AD (LTS:0N22) has a Net Current Asset Value of лв13.98 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 Himsnab Bulgaria AD and its competitors. This is near median its historical median of 12.80. Over the past decade, Himsnab Bulgaria AD's Net Current Asset Value has ranged from 5.05 to 54.85. According to the industry distribution chart, Himsnab Bulgaria AD ranks #565 out of 755 companies in the Real Estate industry, placing it in the top 74.8%.
Is Himsnab Bulgaria AD's Net Current Asset Value too high?
Himsnab Bulgaria AD's current Net Current Asset Value of лв13.98 is near median its 10-year median of 12.80. Over the past 10 years, this metric has ranged from a low of 5.05 to a high of 54.85. Based on the distribution chart, Himsnab Bulgaria AD ranks #565 out of 755 companies in the Real Estate industry, which is below the industry midpoint. Overall, Himsnab Bulgaria AD has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Himsnab Bulgaria AD's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Himsnab Bulgaria AD ranks #565 out of 755 companies for Net Current Asset Value. This places Himsnab Bulgaria AD in the lower half of its industry. The industry median Net Current Asset Value is 2.12. Historically, Himsnab Bulgaria AD's own Net Current Asset Value has ranged from 5.05 to 54.85 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.12, 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 Himsnab Bulgaria AD and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himsnab Bulgaria AD's current Net Current Asset Value is лв13.98, which is near median its own 10-year median of 12.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himsnab Bulgaria AD stock overvalued right now?
Himsnab Bulgaria AD (LTS:0N22) has a current Net Current Asset Value of лв13.98. The current Net Current Asset Value is лв13.98, which is near median its 10-year median of 12.80. Himsnab Bulgaria AD's overall GF Score™ is 25/100 with 4 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 Himsnab Bulgaria AD (LTS:0N22), the current Net Current Asset Value is лв13.98 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.
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