Garofalo Health Care SpAMIL:GHC +1.86%88 Net Current Asset Value is €-4.21 as of Mar. 2026. GuruFocus rates MIL:GHC with a GF Score™ of 88/100 and a GF Value™ of €6.06 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 274 Healthcare Providers & Services companies, Garofalo Health Care SpA ranks worse than 364963.14% 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).
Garofalo Health Care SpA's net current asset value per share for the quarter that ended in Mar. 2026 was €-4.21.
The historical rank and industry rank for Garofalo Health Care SpA's Net Current Asset Value or its related term are showing as below:
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Garofalo Health Care SpA was 11.81. The lowest was 11.81. And the median was 11.81.
MIL:GHC's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.2 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Garofalo Health Care SpA (MIL:GHC) 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.
Garofalo Health Care SpA Net Current Asset Value Related Terms
Garofalo Health Care SpA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Garofalo Health Care 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.
Garofalo Health Care SpA Net Current Asset Value Chart
MIL:GHC vs HCA, THC, DVA: Net Current Asset Value Comparison
For the Medical Care Facilities subindustry, Garofalo Health Care 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.
Garofalo Health Care SpA Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Garofalo Health Care SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Garofalo Health Care 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 €-4.21 mean?
Garofalo Health Care SpA (MIL:GHC) has a Net Current Asset Value of €-4.21 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 Garofalo Health Care SpA and its competitors. Over the past decade, Garofalo Health Care SpA's Net Current Asset Value has ranged from 11.81 to 11.81. According to the industry distribution chart, Garofalo Health Care SpA ranks #999999 out of 274 companies in the Healthcare Providers & Services industry.
Is Garofalo Health Care SpA's Net Current Asset Value too high?
Garofalo Health Care SpA's current Net Current Asset Value is €-4.21. Over the past 10 years, this metric has ranged from a low of 11.81 to a high of 11.81. Based on the distribution chart, Garofalo Health Care SpA ranks #999999 out of 274 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Garofalo Health Care SpA has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garofalo Health Care SpA's Net Current Asset Value compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Garofalo Health Care SpA ranks #999999 out of 274 companies for Net Current Asset Value. This places Garofalo Health Care SpA in the lower half of its industry. The industry median Net Current Asset Value is 6.20. Historically, Garofalo Health Care SpA's own Net Current Asset Value has ranged from 11.81 to 11.81 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.20, based on 274 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 Garofalo Health Care SpA and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garofalo Health Care SpA's current Net Current Asset Value is €-4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garofalo Health Care SpA stock overvalued right now?
Based on GuruFocus' analysis, Garofalo Health Care SpA (MIL:GHC) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.06, compared to a current price of €5.48 — trading 9.6% below its estimated fair value. The current Net Current Asset Value is €-4.21. Garofalo Health Care SpA's overall GF Score™ is 88/100 with 5 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 Garofalo Health Care SpA (MIL:GHC), the current Net Current Asset Value is €-4.21 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 Garofalo Health Care SpA (MIL:GHC) Overvalued in 2026?
Based on GuruFocus' analysis, Garofalo Health Care SpA stock appears to be undervalued.
The current stock price of €5.48 is trading 9.6% below its estimated GF Value™ of €6.06.
GuruFocus considers Garofalo Health Care SpA to be Modestly Undervalued.
Key valuation signals for MIL:GHC:
Net Current Asset Value: €-4.21
GF Value™: €6.06 vs. price of €5.48 (9.6% below fair value)
No single metric tells the full story. See the MIL:GHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garofalo Health Care SpA is an Italian accredited private healthcare provider offering a comprehensive range of services across various areas of healthcare through diversified specialties, supported by the use of technologies and qualified personnel. The Group mainly operates in regions of northern and central Italy, which have been selected based on their attractiveness in terms of per capita healthcare spending, above-average per capita income, and well-developed internal transport infrastructure.
88GF Score
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