Burger Fuel Group (NZSE:BFG) Net Current Asset Value: NZ$-0.31 (As of Mar. 2026)

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NZSE:BFG Burger Fuel Group Ltd NZSE:BFG
45 GF Score
Price NZ$0.35
GF Value NZ$0.81
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Burger Fuel Group Net Current Asset Value?

Burger Fuel Group NZSE:BFG 45 Net Current Asset Value is NZ$-0.31 as of Mar. 2026. GuruFocus rates NZSE:BFG with a GF Score™ of 45/100 and a GF Value™ of NZ$0.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 72 Restaurants companies, Burger Fuel Group ranks worse than 1388887.5% 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).

Burger Fuel Group's net current asset value per share for the quarter that ended in Mar. 2026 was NZ$-0.31.

The historical rank and industry rank for Burger Fuel Group'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 Burger Fuel Group was 6.65. The lowest was 4.49. And the median was 4.51.

NZSE:BFG's Price-to-Net-Current-Asset-Value is not ranked *
in the Restaurants industry.
Industry Median: 10.27
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Burger Fuel Group  (NZSE:BFG) 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.


Burger Fuel Group Net Current Asset Value Related Terms


Burger Fuel Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Burger Fuel Group'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.

Burger Fuel Group Net Current Asset Value Chart

Burger Fuel Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.44 -0.35 -0.39 -0.31

Burger Fuel Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -0.35 -0.42 -0.39 -0.36 -0.31

NZSE:BFG vs MCD, SBUX, YUM: Net Current Asset Value Comparison

For the Restaurants subindustry, Burger Fuel Group'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.


Burger Fuel Group Price-to-Net-Current-Asset-Value vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Burger Fuel Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Burger Fuel Group's Price-to-Net-Current-Asset-Value falls into.


NZSE:BFG
45GF Score
Burger Fuel Group Ltd NZSE:BFG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burger Fuel Group Net Current Asset Value Calculation

Burger Fuel Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.571-21.533-0-0)/35.236
=-0.31

Burger Fuel Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(10.571-21.533-0-0)/35.236
=-0.31

* 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 NZ$-0.31 mean?
Burger Fuel Group (NZSE:BFG) has a Net Current Asset Value of NZ$-0.31 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 Burger Fuel Group and its competitors. Over the past decade, Burger Fuel Group's Net Current Asset Value has ranged from 4.49 to 6.65. According to the industry distribution chart, Burger Fuel Group ranks #999999 out of 72 companies in the Restaurants industry.
Is Burger Fuel Group's Net Current Asset Value too high?
Burger Fuel Group's current Net Current Asset Value is NZ$-0.31. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 6.65. Based on the distribution chart, Burger Fuel Group ranks #999999 out of 72 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Burger Fuel Group has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Burger Fuel Group's Net Current Asset Value compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Burger Fuel Group ranks #999999 out of 72 companies for Net Current Asset Value. This places Burger Fuel Group in the lower half of its industry. The industry median Net Current Asset Value is 10.27. Historically, Burger Fuel Group's own Net Current Asset Value has ranged from 4.49 to 6.65 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 Restaurants company?
The median Net Current Asset Value among Restaurants companies is 10.27, based on 72 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 Burger Fuel Group and its competitors. For the Restaurants industry, the median Net Current Asset Value is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burger Fuel Group's current Net Current Asset Value is NZ$-0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burger Fuel Group stock overvalued right now?
Based on GuruFocus' analysis, Burger Fuel Group (NZSE:BFG) is currently considered Significantly Undervalued. The stock's GF Value™ is NZ$0.81, compared to a current price of NZ$0.35 — trading 56.8% below its estimated fair value. The current Net Current Asset Value is NZ$-0.31. Burger Fuel Group's overall GF Score™ is 45/100 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 Burger Fuel Group (NZSE:BFG), the current Net Current Asset Value is NZ$-0.31 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.

Is Burger Fuel Group (NZSE:BFG) Overvalued in 2026?

Based on GuruFocus' analysis, Burger Fuel Group stock appears to be undervalued. The current stock price of NZ$0.35 is trading 56.8% below its estimated GF Value™ of NZ$0.81. GuruFocus considers Burger Fuel Group to be Significantly Undervalued.

Key valuation signals for NZSE:BFG:

  • Net Current Asset Value: NZ$-0.31
  • GF Value™: NZ$0.81 vs. price of NZ$0.35 (56.8% below fair value)
  • GF Score™: 45/100 with 1 warning sign

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


Burger Fuel Group Business Description

Address 66 Surrey Crescent, Grey Lynn, Auckland, NTL, NZL, 1021
Burger Fuel Group Ltd engages in the development and management of both franchised and company-owned gourmet burger and chicken restaurants. It offers Grass Fed Beef, Free Range Chicken, Plant Powered, Light weights, Kid meals, Gourmet Sides, Drinks, Sauces, and others. The company operates in two segments consisting of geographical locations including New Zeal and the International market. It derives a majority of its revenue from New Zealand.
45GF Score

Get the complete analysis for NZSE:BFG

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

NZ$0.35
Price
NZ$0.81
GF Value