iGrandiViaggi SpA (MIL:IGV) Net Current Asset Value: €-0.05 (As of Apr. 2026)


MIL:IGV iGrandiViaggi SpA MIL:IGV
60 GF Score
Price €2.11
GF Value €1.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is iGrandiViaggi SpA Net Current Asset Value?

iGrandiViaggi SpA MIL:IGV -0.47% 60 Net Current Asset Value is €-0.05 as of Apr. 2026. GuruFocus rates MIL:IGV with a GF Score™ of 60/100 and a GF Value™ of €1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 310 Travel & Leisure companies, iGrandiViaggi SpA ranks worse than 322580.32% 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).

iGrandiViaggi SpA's net current asset value per share for the quarter that ended in Apr. 2026 was €-0.05.

The historical rank and industry rank for iGrandiViaggi SpA's Net Current Asset Value or its related term are showing as below:

MIL:IGV's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.07
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

iGrandiViaggi SpA  (MIL:IGV) 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 Graham’s 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.


iGrandiViaggi SpA Net Current Asset Value Related Terms


iGrandiViaggi SpA Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for iGrandiViaggi 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.

iGrandiViaggi SpA Net Current Asset Value Chart

iGrandiViaggi SpA Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.35 -0.28 -0.22 -0.13

iGrandiViaggi SpA Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.28 -0.13 -0.18 -0.05

MIL:IGV vs LVS, MGM, WYNN: Net Current Asset Value Comparison

For the Resorts & Casinos subindustry, iGrandiViaggi 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.


iGrandiViaggi SpA Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, iGrandiViaggi SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where iGrandiViaggi SpA's Price-to-Net-Current-Asset-Value falls into.


MIL:IGV
60GF Score
iGrandiViaggi SpA MIL:IGV
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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iGrandiViaggi SpA Net Current Asset Value Calculation

iGrandiViaggi SpA's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2025 is calculated as

Net Current Asset Value Per Share(A: Oct. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(27.523-31.288-2.563-0)/47.597
=-0.13

iGrandiViaggi SpA's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(33.923-34.036-2.368-0)/47.597
=-0.05

* 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 €-0.05 mean?
iGrandiViaggi SpA (MIL:IGV) has a Net Current Asset Value of €-0.05 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 iGrandiViaggi SpA and its competitors. According to the industry distribution chart, iGrandiViaggi SpA ranks #999999 out of 310 companies in the Travel & Leisure industry.
Is iGrandiViaggi SpA's Net Current Asset Value too high?
iGrandiViaggi SpA's current Net Current Asset Value is €-0.05. Based on the distribution chart, iGrandiViaggi SpA ranks #999999 out of 310 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, iGrandiViaggi SpA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iGrandiViaggi SpA's Net Current Asset Value compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, iGrandiViaggi SpA ranks #999999 out of 310 companies for Net Current Asset Value. This places iGrandiViaggi SpA in the lower half of its industry. The industry median Net Current Asset Value is 4.07. 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.07, based on 310 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 iGrandiViaggi SpA and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iGrandiViaggi SpA's current Net Current Asset Value is €-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGrandiViaggi SpA stock overvalued right now?
Based on GuruFocus' analysis, iGrandiViaggi SpA (MIL:IGV) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €2.11 — trading 74.4% above its estimated fair value. The current Net Current Asset Value is €-0.05. iGrandiViaggi SpA's overall GF Score™ is 60/100 with 3 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 iGrandiViaggi SpA (MIL:IGV), the current Net Current Asset Value is €-0.05 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 iGrandiViaggi SpA (MIL:IGV) Overvalued in 2026?

Based on GuruFocus' analysis, iGrandiViaggi SpA stock appears to be overvalued. The current stock price of €2.11 is trading 74.4% above its estimated GF Value™ of €1.21. GuruFocus considers iGrandiViaggi SpA to be Significantly Overvalued.

Key valuation signals for MIL:IGV:

  • Net Current Asset Value: €-0.05
  • GF Value™: €1.21 vs. price of €2.11 (74.4% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the MIL:IGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iGrandiViaggi SpA Business Description

Other Exchanges 95H:Germany
Address Via Della Moscova, 36, Milan, ITA, 20121
iGrandiViaggi SpA owns and manages hotels and resorts in Italy. It operates in Mexico, Oman, United States, UAE, Thailand, Qatar, Kenya, Greece, and Zanzibar.
60GF Score

Get the complete analysis for MIL:IGV

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.11
Price
€1.21
GF Value