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).
Powersoft SpA's net current asset value per share for the quarter that ended in Dec. 2025 was €-1.26.
The historical rank and industry rank for Powersoft SpA's Net Current Asset Value or its related term are showing as below:
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Powersoft SpA was 5.40. The lowest was 2.13. And the median was 3.13.
MIL:PWS's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.53 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Powersoft SpA (MIL:PWS) 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.
Powersoft SpA Net Current Asset Value Related Terms
Powersoft SpA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Powersoft 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.
MIL:PWS vs AAPL: Net Current Asset Value Comparison
For the Consumer Electronics subindustry, Powersoft 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.
Powersoft SpA Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Powersoft SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Powersoft 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 €-1.26 mean?
Powersoft SpA (MIL:PWS) has a Net Current Asset Value of €-1.26 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Powersoft SpA and its competitors. Over the past decade, Powersoft SpA's Net Current Asset Value has ranged from 2.13 to 5.40. According to the industry distribution chart, Powersoft SpA ranks #999999 out of 1846 companies in the Hardware industry.
Is Powersoft SpA's Net Current Asset Value too high?
Powersoft SpA's current Net Current Asset Value is €-1.26. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 5.40. Based on the distribution chart, Powersoft SpA ranks #999999 out of 1846 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Powersoft SpA has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Powersoft SpA's Net Current Asset Value compare to AAPL?
According to the Hardware industry distribution chart, Powersoft SpA ranks #999999 out of 1846 companies for Net Current Asset Value. This places Powersoft SpA in the lower half of its industry. The industry median Net Current Asset Value is 5.53. Historically, Powersoft SpA's own Net Current Asset Value has ranged from 2.13 to 5.40 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.53, based on 1,846 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 Powersoft SpA and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Powersoft SpA's current Net Current Asset Value is €-1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powersoft SpA stock overvalued right now?
Based on GuruFocus' analysis, Powersoft SpA (MIL:PWS) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.92, compared to a current price of €16.70 — trading 11.7% below its estimated fair value. The current Net Current Asset Value is €-1.26. Powersoft SpA's overall GF Score™ is 97/100 with 4 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 Powersoft SpA (MIL:PWS), the current Net Current Asset Value is €-1.26 as of Dec. 2025. 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 Powersoft SpA (MIL:PWS) Overvalued in 2026?
Based on GuruFocus' analysis, Powersoft SpA stock appears to be undervalued.
The current stock price of €16.70 is trading 11.7% below its estimated GF Value™ of €18.92.
GuruFocus considers Powersoft SpA to be Modestly Undervalued.
Key valuation signals for MIL:PWS:
Net Current Asset Value: €-1.26
GF Value™: €18.92 vs. price of €16.70 (11.7% below fair value)
No single metric tells the full story. See the MIL:PWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Powersoft SpA operates in the pro-audio sector and is engaged in the design, development, and manufacturing of professional audio amplification systems and related technologies. Its products and services include high-efficiency amplifiers, audio processing solutions, haptic transducers, and integrated audio platforms developed as part of its transition from a product company to a solution provider. The Group serves multiple vertical segments within the Install sector, such as Hospitality, Retail, Higher Education, Houses of Worship, and Venues, along with applications in live events and automotive through technology collaborations. It operates in Europe, the company's key revenue-generating market, Middle East and Africa, Asia and Pacific, North America, and Caribbean and South America.
97GF Score
Get the complete analysis for MIL:PWS
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:PWS has been successfully added to your 
