PZ Cussons NigeriaNSA:PZ 64 Net Current Asset Value is ₦-3.57 as of Feb. 2026. GuruFocus rates NSA:PZ with a GF Score™ of 64/100 and a GF Value™ of ₦52.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,051 Consumer Packaged Goods companies, PZ Cussons Nigeria ranks worse than 95147.38% 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).
PZ Cussons Nigeria's net current asset value per share for the quarter that ended in Feb. 2026 was ₦-3.57.
The historical rank and industry rank for PZ Cussons Nigeria's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PZ Cussons Nigeria was 10.00. The lowest was 1.72. And the median was 3.75.
NSA:PZ's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.2 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PZ Cussons Nigeria (NSA:PZ) 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.
PZ Cussons Nigeria Net Current Asset Value Related Terms
PZ Cussons Nigeria Net Current Asset Value Historical Data
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The historical data trend for PZ Cussons Nigeria'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.
NSA:PZ vs PG, CL, KVUE: Net Current Asset Value Comparison
For the Household & Personal Products subindustry, PZ Cussons Nigeria'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.
PZ Cussons Nigeria Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons Nigeria's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PZ Cussons Nigeria'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 ₦-3.57 mean?
PZ Cussons Nigeria (NSA:PZ) has a Net Current Asset Value of ₦-3.57 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PZ Cussons Nigeria and its competitors. Over the past decade, PZ Cussons Nigeria's Net Current Asset Value has ranged from 1.72 to 10.00. According to the industry distribution chart, PZ Cussons Nigeria ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry.
Is PZ Cussons Nigeria's Net Current Asset Value too high?
PZ Cussons Nigeria's current Net Current Asset Value is ₦-3.57. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 10.00. Based on the distribution chart, PZ Cussons Nigeria ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, PZ Cussons Nigeria has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PZ Cussons Nigeria's Net Current Asset Value compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, PZ Cussons Nigeria ranks #999999 out of 1051 companies for Net Current Asset Value. This places PZ Cussons Nigeria in the lower half of its industry. The industry median Net Current Asset Value is 4.20. Historically, PZ Cussons Nigeria's own Net Current Asset Value has ranged from 1.72 to 10.00 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.20, based on 1,051 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 PZ Cussons Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PZ Cussons Nigeria's current Net Current Asset Value is ₦-3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PZ Cussons Nigeria stock overvalued right now?
Based on GuruFocus' analysis, PZ Cussons Nigeria (NSA:PZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦52.33, compared to a current price of ₦90.00 — trading 72% above its estimated fair value. The current Net Current Asset Value is ₦-3.57. PZ Cussons Nigeria's overall GF Score™ is 64/100 with 1 warning sign 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 PZ Cussons Nigeria (NSA:PZ), the current Net Current Asset Value is ₦-3.57 as of Feb. 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 PZ Cussons Nigeria (NSA:PZ) Overvalued in 2026?
Based on GuruFocus' analysis, PZ Cussons Nigeria stock appears to be overvalued.
The current stock price of ₦90.00 is trading 72% above its estimated GF Value™ of ₦52.33.
GuruFocus considers PZ Cussons Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:PZ:
Net Current Asset Value: ₦-3.57
GF Value™: ₦52.33 vs. price of ₦90.00 (72% above fair value)
No single metric tells the full story. See the NSA:PZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.
64GF Score
Get the complete analysis for NSA:PZ
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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