SanfordNZSE:SAN -0.73%75 Net Current Asset Value is NZ$0.41 as of Mar. 2026, which is 100% below its 10-year median of 17.20. GuruFocus rates NZSE:SAN with a GF Score™ of 75/100 and a GF Value™ of NZ$4.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,052 Consumer Packaged Goods companies, Sanford ranks worse than 85.74% 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).
Sanford's net current asset value per share for the quarter that ended in Mar. 2026 was NZ$0.41.
The historical rank and industry rank for Sanford's Net Current Asset Value or its related term are showing as below:
NZSE:SAN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 16.59 Med: 17.2 Max: 17.2
Current: 16.59
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sanford was 17.20. The lowest was 16.59. And the median was 17.20.
NZSE:SAN's Price-to-Net-Current-Asset-Value is ranked worse than 85.74% of 1052
companies
in the Consumer Packaged Goods industry
Industry Median: 4.18
vs NZSE:SAN: 16.59
Sanford (NZSE:SAN) 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.
Sanford Net Current Asset Value Related Terms
Sanford Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Sanford'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.
NZSE:SAN vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Farm Products subindustry, Sanford'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.
Sanford Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanford's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Sanford'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 NZ$0.41 mean?
Sanford (NZSE:SAN) has a Net Current Asset Value of NZ$0.41 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 Sanford and its competitors. This is 98% below median its historical median of 17.20. Over the past decade, Sanford's Net Current Asset Value has ranged from 16.59 to 17.20. According to the industry distribution chart, Sanford ranks #902 out of 1052 companies in the Consumer Packaged Goods industry, placing it in the top 85.7%.
Is Sanford's Net Current Asset Value too high?
Sanford's current Net Current Asset Value of NZ$0.41 is 98% below median its 10-year median of 17.20. Over the past 10 years, this metric has ranged from a low of 16.59 to a high of 17.20. Based on the distribution chart, Sanford ranks #902 out of 1052 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Sanford has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanford's Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sanford ranks #902 out of 1052 companies for Net Current Asset Value. This places Sanford in the lower half of its industry. The industry median Net Current Asset Value is 4.18. Historically, Sanford's own Net Current Asset Value has ranged from 16.59 to 17.20 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 4.18, based on 1,052 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 Sanford and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanford's current Net Current Asset Value is NZ$0.41, which is 98% below median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanford stock overvalued right now?
Based on GuruFocus' analysis, Sanford (NZSE:SAN) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.35, compared to a current price of NZ$6.80 — trading 56.3% above its estimated fair value. The current Net Current Asset Value is NZ$0.41, which is 98% below median its 10-year median of 17.20. Sanford's overall GF Score™ is 75/100 with 2 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 Sanford (NZSE:SAN), the current Net Current Asset Value is NZ$0.41 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 Sanford (NZSE:SAN) Overvalued in 2026?
Based on GuruFocus' analysis, Sanford stock appears to be overvalued.
The current stock price of NZ$6.80 is trading 56.3% above its estimated GF Value™ of NZ$4.35.
GuruFocus considers Sanford to be Significantly Overvalued.
Key valuation signals for NZSE:SAN:
Net Current Asset Value: NZ$0.41 (98% below median its 10-year median of 17.20)
GF Value™: NZ$4.35 vs. price of NZ$6.80 (56.3% above fair value)
No single metric tells the full story. See the NZSE:SAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sanford Ltd is a seafood company principally engaged in the fishing and aquaculture farming business. The company's activities include farming, harvesting, processing, storage, and marketing of seafood products, as well as investments in related activities. The group's operating divisions are Wildcatch and Aquaculture. Its Wildcatch segment involves catching and processing inshore and deepwater fish species, whereas the Aquaculture segment involves farming, harvesting, and processing of mussels and salmon. Some of the company's seafood products include Antarctic toothfish, Arrow squid, Gemfish, Scampi, Snapper, King Salmon, Jack mackerel, Ling, and others. Geographically, it derives the majority of its revenue from New Zealand.
75GF Score
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