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).
The historical rank and industry rank for Alliance Select Foods International'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 Alliance Select Foods International was 59.00. The lowest was 8.50. And the median was 16.38.
PHS:FOOD's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.1 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Alliance Select Foods International (PHS:FOOD) 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.
Alliance Select Foods International Net Current Asset Value Related Terms
Alliance Select Foods International Net Current Asset Value Historical Data
* 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.
Alliance Select Foods International Net Current Asset Value Chart
PHS:FOOD vs KHC, GIS, HRL: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Alliance Select Foods International'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.
Alliance Select Foods International Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Alliance Select Foods International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Alliance Select Foods International'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 ₱-0.16 mean?
Alliance Select Foods International (PHS:FOOD) has a Net Current Asset Value of ₱-0.16 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 Alliance Select Foods International and its competitors. Over the past decade, Alliance Select Foods International's Net Current Asset Value has ranged from 8.50 to 59.00. According to the industry distribution chart, Alliance Select Foods International ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry.
Is Alliance Select Foods International's Net Current Asset Value too high?
Alliance Select Foods International's current Net Current Asset Value is ₱-0.16. Over the past 10 years, this metric has ranged from a low of 8.50 to a high of 59.00. Based on the distribution chart, Alliance Select Foods International ranks #999999 out of 1051 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Alliance Select Foods International has a GF Score™ of 25/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alliance Select Foods International's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Alliance Select Foods International ranks #999999 out of 1051 companies for Net Current Asset Value. This places Alliance Select Foods International in the lower half of its industry. The industry median Net Current Asset Value is 4.10. Historically, Alliance Select Foods International's own Net Current Asset Value has ranged from 8.50 to 59.00 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 4.10, 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 Alliance Select Foods International and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Select Foods International's current Net Current Asset Value is ₱-0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Select Foods International stock overvalued right now?
Based on GuruFocus' analysis, Alliance Select Foods International (PHS:FOOD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.43, compared to a current price of ₱0.31 — trading 27.9% below its estimated fair value. The current Net Current Asset Value is ₱-0.16. Alliance Select Foods International's overall GF Score™ is 25/100 with 8 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 Alliance Select Foods International (PHS:FOOD), the current Net Current Asset Value is ₱-0.16 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 Alliance Select Foods International (PHS:FOOD) Overvalued in 2026?
Based on GuruFocus' analysis, Alliance Select Foods International stock appears to be undervalued.
The current stock price of ₱0.31 is trading 27.9% below its estimated GF Value™ of ₱0.43.
GuruFocus considers Alliance Select Foods International to be Modestly Undervalued.
Key valuation signals for PHS:FOOD:
Net Current Asset Value: ₱-0.16
GF Value™: ₱0.43 vs. price of ₱0.31 (27.9% below fair value)
No single metric tells the full story. See the PHS:FOOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliance Select Foods International Business Description
Alliance Select Foods International Inc is engaged in the business of manufacturing, canning, importing, and exporting food products such as marine, aquaculture, and other processed seafoods. The Group is organized into three operating business segments: tuna, salmon, and rental. Key revenue is generated from Tuna. The Group operates entirely within one geographical segment, which is in the Philippines, where all revenues are generated. Its products are Canned Tuna, Pouched Tuna, Frozen Tuna, Bay of Gold, Gold Standard, and Super Fish.
25GF Score
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