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).
GFT Technologies SE's net current asset value per share for the quarter that ended in Mar. 2026 was €-2.28.
The historical rank and industry rank for GFT Technologies SE'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 GFT Technologies SE was 298.33. The lowest was 298.33. And the median was 298.33.
LTS:0O2W'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.
GFT Technologies SE (LTS:0O2W) 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.
GFT Technologies SE Net Current Asset Value Related Terms
GFT Technologies SE Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for GFT Technologies SE'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:0O2W vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, GFT Technologies 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.
GFT Technologies SE Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, GFT Technologies SE's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where GFT Technologies 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 €-2.28 mean?
GFT Technologies SE (LTS:0O2W) has a Net Current Asset Value of €-2.28 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 GFT Technologies SE and its competitors. Over the past decade, GFT Technologies SE's Net Current Asset Value has ranged from 298.33 to 298.33. According to the industry distribution chart, GFT Technologies SE ranks #999999 out of 1756 companies in the Software industry.
Is GFT Technologies SE's Net Current Asset Value too high?
GFT Technologies SE's current Net Current Asset Value is €-2.28. Over the past 10 years, this metric has ranged from a low of 298.33 to a high of 298.33. Based on the distribution chart, GFT Technologies SE ranks #999999 out of 1756 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GFT Technologies SE has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GFT Technologies SE's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, GFT Technologies SE ranks #999999 out of 1756 companies for Net Current Asset Value. This places GFT Technologies SE in the lower half of its industry. The industry median Net Current Asset Value is 4.84. Historically, GFT Technologies SE's own Net Current Asset Value has ranged from 298.33 to 298.33 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 GFT Technologies SE 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. GFT Technologies SE's current Net Current Asset Value is €-2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFT Technologies SE stock overvalued right now?
Based on GuruFocus' analysis, GFT Technologies SE (LTS:0O2W) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.61, compared to a current price of €20.85 — trading 15.3% below its estimated fair value. The current Net Current Asset Value is €-2.28. GFT Technologies SE's overall GF Score™ is 91/100 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 GFT Technologies SE (LTS:0O2W), the current Net Current Asset Value is €-2.28 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 GFT Technologies SE (LTS:0O2W) Overvalued in 2026?
Based on GuruFocus' analysis, GFT Technologies SE stock appears to be undervalued.
The current stock price of €20.85 is trading 15.3% below its estimated GF Value™ of €24.61.
GuruFocus considers GFT Technologies SE to be Modestly Undervalued.
Key valuation signals for LTS:0O2W:
Net Current Asset Value: €-2.28
GF Value™: €24.61 vs. price of €20.85 (15.3% below fair value)
No single metric tells the full story. See the LTS:0O2W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, it offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain. The company has operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil, Chile, Costa Rica, Singapore, the United Kingdom, the United States of America, Canada, Vietnam, and others; Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy; and Others.
91GF Score
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