Giocamondo Study SpAMIL:GMS -1.26%16 Net Current Asset Value is €0.19 as of Mar. 2026, which is 100% below its 10-year median of 5.65. GuruFocus rates MIL:GMS with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 120 Education companies, Giocamondo Study SpA ranks worse than 69.17% 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).
Giocamondo Study SpA's net current asset value per share for the quarter that ended in Mar. 2026 was €0.19.
The historical rank and industry rank for Giocamondo Study SpA's Net Current Asset Value or its related term are showing as below:
MIL:GMS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.72 Med: 5.65 Max: 8.37
Current: 8.26
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Giocamondo Study SpA was 8.37. The lowest was 4.72. And the median was 5.65.
MIL:GMS's Price-to-Net-Current-Asset-Value is ranked worse than 69.17% of 120
companies
in the Education industry
Industry Median: 4.935
vs MIL:GMS: 8.26
Giocamondo Study SpA (MIL:GMS) 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.
Giocamondo Study SpA Net Current Asset Value Related Terms
Giocamondo Study SpA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Giocamondo Study 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.
Giocamondo Study SpA Net Current Asset Value Chart
Giocamondo Study SpA Annual Data
Trend
Sep23
Sep24
Sep25
Net Current Asset Value
0.12
0.14
0.38
Giocamondo Study SpA Semi-Annual Data
Sep23
Sep24
Mar25
Sep25
Mar26
Net Current Asset Value
0.12
0.14
0.02
0.38
0.19
MIL:GMS vs EDU, TAL, LAUR: Net Current Asset Value Comparison
For the Education & Training Services subindustry, Giocamondo Study 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.
Giocamondo Study SpA Price-to-Net-Current-Asset-Value vs Education Industry
For the Education industry and Consumer Defensive sector, Giocamondo Study SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Giocamondo Study 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 €0.19 mean?
Giocamondo Study SpA (MIL:GMS) has a Net Current Asset Value of €0.19 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 Giocamondo Study SpA and its competitors. This is 97% below median its historical median of 5.65. Over the past decade, Giocamondo Study SpA's Net Current Asset Value has ranged from 4.72 to 8.37. According to the industry distribution chart, Giocamondo Study SpA ranks #83 out of 120 companies in the Education industry, placing it in the top 69.2%.
Is Giocamondo Study SpA's Net Current Asset Value too high?
Giocamondo Study SpA's current Net Current Asset Value of €0.19 is 97% below median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 8.37. Based on the distribution chart, Giocamondo Study SpA ranks #83 out of 120 companies in the Education industry, which is below the industry midpoint. Overall, Giocamondo Study SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Giocamondo Study SpA's Net Current Asset Value compare to EDU and TAL?
According to the Education industry distribution chart, Giocamondo Study SpA ranks #83 out of 120 companies for Net Current Asset Value. This places Giocamondo Study SpA in the lower half of its industry. The industry median Net Current Asset Value is 4.94. Historically, Giocamondo Study SpA's own Net Current Asset Value has ranged from 4.72 to 8.37 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 an Education company?
The median Net Current Asset Value among Education companies is 4.94, based on 120 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 Giocamondo Study SpA and its competitors. For the Education industry, the median Net Current Asset Value is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giocamondo Study SpA's current Net Current Asset Value is €0.19, which is 97% below median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giocamondo Study SpA stock overvalued right now?
Giocamondo Study SpA (MIL:GMS) has a current Net Current Asset Value of €0.19. The current Net Current Asset Value is €0.19, which is 97% below median its 10-year median of 5.65. Giocamondo Study SpA's overall GF Score™ is 16/100 with 2 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 Giocamondo Study SpA (MIL:GMS), the current Net Current Asset Value is €0.19 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.
Giocamondo Study SpA specializes in study holidays and language courses abroad. The group markets individual and group trips and stays abroad to study and learn foreign languages. It also provides language training services within an edutech model, through two specific e-commerce platforms, which are Go-to-Learn and Lesson Live.
16GF Score
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