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).
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Radici Pietro Industries & Brands SpA was 57.00. The lowest was 3.75. And the median was 30.38.
MIL:RAD's Price-to-Net-Current-Asset-Value is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.7 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Radici Pietro Industries & Brands SpA (MIL:RAD) 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.
Radici Pietro Industries & Brands SpA Net Current Asset Value Related Terms
Radici Pietro Industries & Brands SpA Net Current Asset Value Historical Data
* 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.
Radici Pietro Industries & Brands SpA Net Current Asset Value Chart
MIL:RAD vs SN, SGI, MHK: Net Current Asset Value Comparison
For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.
Radici Pietro Industries & Brands SpA Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Radici Pietro Industries & Brands 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 €-0.12 mean?
Radici Pietro Industries & Brands SpA (MIL:RAD) has a Net Current Asset Value of €-0.12 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 Radici Pietro Industries & Brands SpA and its competitors. Over the past decade, Radici Pietro Industries & Brands SpA's Net Current Asset Value has ranged from 3.75 to 57.00. According to the industry distribution chart, Radici Pietro Industries & Brands SpA ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry.
Is Radici Pietro Industries & Brands SpA's Net Current Asset Value too high?
Radici Pietro Industries & Brands SpA's current Net Current Asset Value is €-0.12. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 57.00. Based on the distribution chart, Radici Pietro Industries & Brands SpA ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Radici Pietro Industries & Brands SpA has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Radici Pietro Industries & Brands SpA's Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Radici Pietro Industries & Brands SpA ranks #999999 out of 285 companies for Net Current Asset Value. This places Radici Pietro Industries & Brands SpA in the lower half of its industry. The industry median Net Current Asset Value is 3.70. Historically, Radici Pietro Industries & Brands SpA's own Net Current Asset Value has ranged from 3.75 to 57.00 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.70, based on 285 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 Radici Pietro Industries & Brands SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Radici Pietro Industries & Brands SpA's current Net Current Asset Value is €-0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Radici Pietro Industries & Brands SpA stock overvalued right now?
Based on GuruFocus' analysis, Radici Pietro Industries & Brands SpA (MIL:RAD) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.19, compared to a current price of €0.92 — trading 22.7% below its estimated fair value. The current Net Current Asset Value is €-0.12. Radici Pietro Industries & Brands SpA's overall GF Score™ is 67/100 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 Radici Pietro Industries & Brands SpA (MIL:RAD), the current Net Current Asset Value is €-0.12 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 Radici Pietro Industries & Brands SpA (MIL:RAD) Overvalued in 2026?
Based on GuruFocus' analysis, Radici Pietro Industries & Brands SpA stock appears to be undervalued.
The current stock price of €0.92 is trading 22.7% below its estimated GF Value™ of €1.19.
GuruFocus considers Radici Pietro Industries & Brands SpA to be Modestly Undervalued.
Key valuation signals for MIL:RAD:
Net Current Asset Value: €-0.12
GF Value™: €1.19 vs. price of €0.92 (22.7% below fair value)
No single metric tells the full story. See the MIL:RAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Radici Pietro Industries & Brands SpA Business Description
Radici Pietro Industries & Brands SpA is engaged in the manufacture and marketing of carpets and rugs. The company's product offerings include artificial grasses, textile floor coverings, coverings for furniture, battery covers, mats, etc. Its products are marketed through different brands such as Radici Carpet, Radici Marine, Radici Sport, Radici Automotive, and Sit-In which cater to different industry segments such as textile floor coverings, sporting, marine, and automotive. Geographically, the company generates maximum revenue from its business in Italy followed by other regions of Europe, the United States, and the rest of the world.
67GF Score
Get the complete analysis for MIL:RAD
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:RAD has been successfully added to your 
