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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).
LHV Group AS's net current asset value per share for the quarter that ended in Jun. 2026 was €0.00.
The historical rank and industry rank for LHV Group AS's Net Current Asset Value or its related term are showing as below:
LTS:0RIR's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 1.27 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
LHV Group AS (LTS:0RIR) 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.
LHV Group AS Net Current Asset Value Related Terms
LHV Group AS Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for LHV Group AS'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:0RIR vs PNC, USB: Net Current Asset Value Comparison
For the Banks - Regional subindustry, LHV Group AS'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.
LHV Group AS Price-to-Net-Current-Asset-Value vs Banks Industry
For the Banks industry and Financial Services sector, LHV Group AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where LHV Group AS'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 €0.00 mean?
LHV Group AS (LTS:0RIR) has a Net Current Asset Value of €0.00 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on LHV Group AS and its competitors. According to the industry distribution chart, LHV Group AS ranks #999999 out of 21 companies in the Banks industry.
Is LHV Group AS's Net Current Asset Value too high?
LHV Group AS's current Net Current Asset Value is €0.00. Based on the distribution chart, LHV Group AS ranks #999999 out of 21 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, LHV Group AS has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does LHV Group AS's Net Current Asset Value compare to PNC and USB?
According to the Banks industry distribution chart, LHV Group AS ranks #999999 out of 21 companies for Net Current Asset Value. This places LHV Group AS in the lower half of its industry. The industry median Net Current Asset Value is 1.27. 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 Banks company?
The median Net Current Asset Value among Banks companies is 1.27, based on 21 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 LHV Group AS and its competitors. For the Banks industry, the median Net Current Asset Value is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LHV Group AS's current Net Current Asset Value is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LHV Group AS stock overvalued right now?
LHV Group AS (LTS:0RIR) has a current Net Current Asset Value of €0.00. The stock's GF Value™ is €3.43, compared to a current price of €3.42 — trading 0.2% below its estimated fair value. The current Net Current Asset Value is €0.00. LHV Group AS's overall GF Score™ is 80/100 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 LHV Group AS (LTS:0RIR), the current Net Current Asset Value is €0.00 as of Jun. 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 LHV Group AS (LTS:0RIR) Overvalued in 2026?
Based on GuruFocus' analysis, LHV Group AS stock appears to be undervalued.
The current stock price of €3.42 is trading 0.2% below its estimated GF Value™ of €3.43.
Key valuation signals for LTS:0RIR:
Net Current Asset Value: €0.00
GF Value™: €3.43 vs. price of €3.42 (0.2% below fair value)
No single metric tells the full story. See the LTS:0RIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LHV Group AS operates as a holding company. The Group provides a wide range of financial services, including banking, investment and asset management, insurance, and other financial services in Estonia and the United Kingdom. It operates through its subsidiaries: LHV Pank, LHV Bank, LHV Varahaldus, LHV Kindlustus, and Other. The LHV Pank segment, contributes the maximum share of the Group's revenue, includes retail and corporate banking services in Estonia, offering loans, payment solution, investment, and savings products. LHV Bank offers banking services to financial intermediaries and fintech companies, SME lending, and retail banking in the United Kingdom. LHV Varahaldus is engaged in pension fund and asset management. LHV Kindlustus offers a range of non-life insurance products.
80GF 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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