Sectra ABMIL:1SECT 78 Net Current Asset Value is €0.59 as of Apr. 2026, which is 100% below its 10-year median of 41.78. GuruFocus rates MIL:1SECT with a GF Score™ of 78/100 and a GF Value™ of €28.93 (Fairly Valued). Among 567 Medical Devices & Instruments companies, Sectra AB ranks worse than 94.18% 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).
Sectra AB's net current asset value per share for the quarter that ended in Apr. 2026 was €0.59.
The historical rank and industry rank for Sectra AB's Net Current Asset Value or its related term are showing as below:
MIL:1SECT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 29.2 Med: 41.78 Max: 56.02
Current: 43.46
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sectra AB was 56.02. The lowest was 29.20. And the median was 41.78.
MIL:1SECT's Price-to-Net-Current-Asset-Value is ranked worse than 94.18% of 567
companies
in the Medical Devices & Instruments industry
Industry Median: 4.98
vs MIL:1SECT: 43.46
Sectra AB (MIL:1SECT) 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.
Sectra AB Net Current Asset Value Related Terms
Sectra AB Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Sectra AB'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.
MIL:1SECT vs ABT, SYK, MDT: Net Current Asset Value Comparison
For the Medical Devices subindustry, Sectra AB'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.
Sectra AB Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sectra AB'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 €0.59 mean?
Sectra AB (MIL:1SECT) has a Net Current Asset Value of €0.59 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Sectra AB and its competitors. This is 99% below median its historical median of 41.78. Over the past decade, Sectra AB's Net Current Asset Value has ranged from 29.20 to 56.02. According to the industry distribution chart, Sectra AB ranks #534 out of 567 companies in the Medical Devices & Instruments industry, placing it in the top 94.2%.
Is Sectra AB's Net Current Asset Value too high?
Sectra AB's current Net Current Asset Value of €0.59 is 99% below median its 10-year median of 41.78. Over the past 10 years, this metric has ranged from a low of 29.20 to a high of 56.02. Based on the distribution chart, Sectra AB ranks #534 out of 567 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sectra AB has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Net Current Asset Value compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sectra AB ranks #534 out of 567 companies for Net Current Asset Value. This places Sectra AB in the lower half of its industry. The industry median Net Current Asset Value is 4.98. Historically, Sectra AB's own Net Current Asset Value has ranged from 29.20 to 56.02 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.98, based on 567 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 Sectra AB and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sectra AB's current Net Current Asset Value is €0.59, which is 99% below median its own 10-year median of 41.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (MIL:1SECT) is currently considered Fairly Valued. The stock's GF Value™ is €28.93, compared to a current price of €27.38 — trading 5.4% below its estimated fair value. The current Net Current Asset Value is €0.59, which is 99% below median its 10-year median of 41.78. Sectra AB's overall GF Score™ is 78/100. 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 Sectra AB (MIL:1SECT), the current Net Current Asset Value is €0.59 as of Apr. 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 Sectra AB (MIL:1SECT) Overvalued in 2026?
Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued.
The current stock price of €27.38 is trading 5.4% below its estimated GF Value™ of €28.93.
GuruFocus considers Sectra AB to be Fairly Valued.
Key valuation signals for MIL:1SECT:
Net Current Asset Value: €0.59 (99% below median its 10-year median of 41.78)
GF Value™: €28.93 vs. price of €27.38 (5.4% below fair value)
No single metric tells the full story. See the MIL:1SECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
78GF Score
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