Altea Green Power SpAMIL:AGP -1.87%83 Net Current Asset Value is €2.22 as of Mar. 2026, which is 100% below its 10-year median of 3.54. GuruFocus rates MIL:AGP with a GF Score™ of 83/100 and a GF Value™ of €4.58 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 719 Semiconductors companies, Altea Green Power SpA ranks better than 80.39% 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).
Altea Green Power SpA's net current asset value per share for the quarter that ended in Mar. 2026 was €2.22.
The historical rank and industry rank for Altea Green Power SpA's Net Current Asset Value or its related term are showing as below:
MIL:AGP'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.92 Med: 3.54 Max: 8.05
Current: 3.32
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Altea Green Power SpA was 8.05. The lowest was 2.92. And the median was 3.54.
MIL:AGP's Price-to-Net-Current-Asset-Value is ranked better than 80.39% of 719
companies
in the Semiconductors industry
Industry Median: 8.91
vs MIL:AGP: 3.32
Altea Green Power SpA (MIL:AGP) 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.
Altea Green Power SpA Net Current Asset Value Related Terms
Altea Green Power SpA Net Current Asset Value Historical Data
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The historical data trend for Altea Green Power SpA'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.
Altea Green Power SpA Net Current Asset Value Chart
MIL:AGP vs FSLR, NXT, ENPH: Net Current Asset Value Comparison
For the Solar subindustry, Altea Green Power SpA'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.
Altea Green Power SpA Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Altea Green Power SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Altea Green Power SpA'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 €2.22 mean?
Altea Green Power SpA (MIL:AGP) has a Net Current Asset Value of €2.22 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 Altea Green Power SpA and its competitors. This is 37% below median its historical median of 3.54. Over the past decade, Altea Green Power SpA's Net Current Asset Value has ranged from 2.92 to 8.05. According to the industry distribution chart, Altea Green Power SpA ranks #141 out of 719 companies in the Semiconductors industry, placing it in the top 19.6%.
Is Altea Green Power SpA's Net Current Asset Value too high?
Altea Green Power SpA's current Net Current Asset Value of €2.22 is 37% below median its 10-year median of 3.54. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 8.05. Based on the distribution chart, Altea Green Power SpA ranks #141 out of 719 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Altea Green Power SpA has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altea Green Power SpA's Net Current Asset Value compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Altea Green Power SpA ranks #141 out of 719 companies for Net Current Asset Value. This places Altea Green Power SpA in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 8.91. Historically, Altea Green Power SpA's own Net Current Asset Value has ranged from 2.92 to 8.05 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 8.91, based on 719 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 Altea Green Power SpA and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altea Green Power SpA's current Net Current Asset Value is €2.22, which is 37% below median its own 10-year median of 3.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altea Green Power SpA stock overvalued right now?
Based on GuruFocus' analysis, Altea Green Power SpA (MIL:AGP) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.58, compared to a current price of €7.36 — trading 60.7% above its estimated fair value. The current Net Current Asset Value is €2.22, which is 37% below median its 10-year median of 3.54. Altea Green Power SpA's overall GF Score™ is 83/100 with 9 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 Altea Green Power SpA (MIL:AGP), the current Net Current Asset Value is €2.22 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 Altea Green Power SpA (MIL:AGP) Overvalued in 2026?
Based on GuruFocus' analysis, Altea Green Power SpA stock appears to be overvalued.
The current stock price of €7.36 is trading 60.7% above its estimated GF Value™ of €4.58.
GuruFocus considers Altea Green Power SpA to be Significantly Overvalued.
Key valuation signals for MIL:AGP:
Net Current Asset Value: €2.22 (37% below median its 10-year median of 3.54)
GF Value™: €4.58 vs. price of €7.36 (60.7% above fair value)
No single metric tells the full story. See the MIL:AGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altea Green Power SpA provides systems to produce energy from renewable sources while respecting the environment and improving energy efficiency by reducing energy consumption. It offers assistance in the design, construction, maintenance, and management phases for photovoltaic systems, wind turbines, cogeneration systems, biomass-fueled systems. The Group specializes in the installation of plants and production of energy from renewable sources, the construction of power plants and cogeneration plants, electricity and thermal power distribution networks, and co-development activities of renewable energy production and storage plants.
83GF Score
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