Cityland DevelopmentPHS:CDC 44 Net Current Asset Value is ₱1.04 as of Mar. 2026, which is 100% below its 10-year median of 1.30. GuruFocus rates PHS:CDC with a GF Score™ of 44/100 and a GF Value™ of ₱0.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 758 Real Estate companies, Cityland Development ranks better than 89.31% 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).
Cityland Development's net current asset value per share for the quarter that ended in Mar. 2026 was ₱1.04.
The historical rank and industry rank for Cityland Development's Net Current Asset Value or its related term are showing as below:
PHS:CDC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.53 Med: 1.3 Max: 6.76
Current: 0.57
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cityland Development was 6.76. The lowest was 0.53. And the median was 1.30.
PHS:CDC's Price-to-Net-Current-Asset-Value is ranked better than 89.31% of 758
companies
in the Real Estate industry
Industry Median: 2.12
vs PHS:CDC: 0.57
Cityland Development (PHS:CDC) 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.
Cityland Development Net Current Asset Value Related Terms
Cityland Development Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Cityland Development'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.
Cityland Development Net Current Asset Value Chart
PHS:CDC vs CBRE, BEKE: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Cityland Development'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.
Cityland Development Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cityland Development's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cityland Development'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 ₱1.04 mean?
Cityland Development (PHS:CDC) has a Net Current Asset Value of ₱1.04 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 Cityland Development and its competitors. This is 20% below median its historical median of 1.30. Over the past decade, Cityland Development's Net Current Asset Value has ranged from 0.53 to 6.76. According to the industry distribution chart, Cityland Development ranks #81 out of 758 companies in the Real Estate industry, placing it in the top 10.7%.
Is Cityland Development's Net Current Asset Value too high?
Cityland Development's current Net Current Asset Value of ₱1.04 is 20% below median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 6.76. Based on the distribution chart, Cityland Development ranks #81 out of 758 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Cityland Development has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cityland Development's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cityland Development ranks #81 out of 758 companies for Net Current Asset Value. This places Cityland Development in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.12. Historically, Cityland Development's own Net Current Asset Value has ranged from 0.53 to 6.76 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.12, based on 758 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 Cityland Development and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cityland Development's current Net Current Asset Value is ₱1.04, which is 20% below median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cityland Development stock overvalued right now?
Based on GuruFocus' analysis, Cityland Development (PHS:CDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.75, compared to a current price of ₱0.59 — trading 21.3% below its estimated fair value. The current Net Current Asset Value is ₱1.04, which is 20% below median its 10-year median of 1.30. Cityland Development's overall GF Score™ is 44/100 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 Cityland Development (PHS:CDC), the current Net Current Asset Value is ₱1.04 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 Cityland Development (PHS:CDC) Overvalued in 2026?
Based on GuruFocus' analysis, Cityland Development stock appears to be undervalued.
The current stock price of ₱0.59 is trading 21.3% below its estimated GF Value™ of ₱0.75.
GuruFocus considers Cityland Development to be Modestly Undervalued.
Key valuation signals for PHS:CDC:
Net Current Asset Value: ₱1.04 (20% below median its 10-year median of 1.30)
GF Value™: ₱0.75 vs. price of ₱0.59 (21.3% below fair value)
No single metric tells the full story. See the PHS:CDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cityland Development Corp operates as a real estate company that acquire, develop, improve, subdivide, cultivate, lease, sublease, sell, exchange, barter and/or dispose of agricultural, industrial, commercial, residential and other real properties, as well as to construct, improve, lease, sublease, sell and/or dispose of houses, buildings and other improvements thereon, and to manage and operate subdivisions and housing projects or otherwise engage in the financing and trading of real estate. Its operations are carried through the following segments: Sale of Real Estate Properties, Lease of Real Estate Properties, and Pension Plan Operations. The Company derives its revenues from the sale and lease of real estate properties and its investments in trust funds.
44GF Score
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