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Sys-Dat SpAMIL:SYS +3.70%20 Net Current Asset Value is €0.01 as of Mar. 2026, which is 100% below its 10-year median of 42.13. GuruFocus rates MIL:SYS with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 1,757 Software companies, Sys-Dat SpA ranks worse than 99.72% 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).
Sys-Dat SpA's net current asset value per share for the quarter that ended in Mar. 2026 was €0.01.
The historical rank and industry rank for Sys-Dat SpA's Net Current Asset Value or its related term are showing as below:
MIL:SYS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.37 Med: 42.13 Max: 616
Current: 616
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sys-Dat SpA was 616.00. The lowest was 5.37. And the median was 42.13.
MIL:SYS's Price-to-Net-Current-Asset-Value is ranked worse than 99.72% of 1757
companies
in the Software industry
Industry Median: 4.75
vs MIL:SYS: 616.00
Sys-Dat SpA (MIL:SYS) 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.
Sys-Dat SpA Net Current Asset Value Related Terms
Sys-Dat SpA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Sys-Dat 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:SYS vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Sys-Dat 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.
Sys-Dat SpA Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Sys-Dat SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sys-Dat 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 €0.01 mean?
Sys-Dat SpA (MIL:SYS) has a Net Current Asset Value of €0.01 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 Sys-Dat SpA and its competitors. This is 100% below median its historical median of 42.13. Over the past decade, Sys-Dat SpA's Net Current Asset Value has ranged from 5.37 to 616.00. According to the industry distribution chart, Sys-Dat SpA ranks #1752 out of 1757 companies in the Software industry, placing it in the top 99.7%.
Is Sys-Dat SpA's Net Current Asset Value too high?
Sys-Dat SpA's current Net Current Asset Value of €0.01 is 100% below median its 10-year median of 42.13. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 616.00. Based on the distribution chart, Sys-Dat SpA ranks #1752 out of 1757 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Sys-Dat SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Sys-Dat SpA's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Sys-Dat SpA ranks #1752 out of 1757 companies for Net Current Asset Value. This places Sys-Dat SpA in the lower half of its industry. The industry median Net Current Asset Value is 4.75. Historically, Sys-Dat SpA's own Net Current Asset Value has ranged from 5.37 to 616.00 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 Software company?
The median Net Current Asset Value among Software companies is 4.75, based on 1,757 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 Sys-Dat SpA and its competitors. For the Software industry, the median Net Current Asset Value is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sys-Dat SpA's current Net Current Asset Value is €0.01, which is 100% below median its own 10-year median of 42.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sys-Dat SpA stock overvalued right now?
Sys-Dat SpA (MIL:SYS) has a current Net Current Asset Value of €0.01. The current Net Current Asset Value is €0.01, which is 100% below median its 10-year median of 42.13. Sys-Dat SpA's overall GF Score™ is 20/100 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 Sys-Dat SpA (MIL:SYS), the current Net Current Asset Value is €0.01 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.
Sys-Dat SpA is an IT solution company in Italy. The Group offers IT solutions for its clients such as fashion & luxury, manufacturing, ceramics, food & beverage, healthcare, logistics, publishing, banking, and professional services (law firms), retail, and distribution. Geographically, it generates the majority of its revenue from Italy. The solutions provided by the company consist of Business Intelligence, Servizi Cloud, CRM, Retail & Sales Digital Suite, Controllo energetico, Digital Marketing, EDI, Gestione HR, and GDPR & Privacy.
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