PPC (PPCLY) Net Current Asset Value: $-0.03 (As of Mar. 2026)


PPCLY PPC Ltd PPCLY
40 GF Score
Price $0.82
GF Value $0.53
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is PPC Net Current Asset Value?

PPC PPCLY 40 Net Current Asset Value is $-0.03 as of Mar. 2026. GuruFocus rates PPCLY with a GF Score™ of 40/100 and a GF Value™ of $0.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 178 Building Materials companies, PPC ranks worse than 561797.19% 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).

PPC's net current asset value per share for the quarter that ended in Mar. 2026 was $-0.03.

The historical rank and industry rank for PPC's Net Current Asset Value or its related term are showing as below:

PPCLY's Price-to-Net-Current-Asset-Value is not ranked *
in the Building Materials industry.
Industry Median: 4.235
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

PPC  (OTCPK:PPCLY) 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.


PPC Net Current Asset Value Related Terms


PPC Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PPC'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.

PPC Net Current Asset Value Chart

PPC 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 -0.20 -0.14 -0.03 -0.02 -0.03

PPC 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 -0.03 -0.05 -0.02 -0.01 -0.03

PPCLY vs CRH, VMC, MLM: Net Current Asset Value Comparison

For the Building Materials subindustry, PPC'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.


PPC Price-to-Net-Current-Asset-Value vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PPC's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


PPCLY
40GF Score
PPC Ltd PPCLY
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPC Net Current Asset Value Calculation

PPC'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)
=(216.545-240.486--4.597-0)/733.495
=-0.03

PPC'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)
=(216.545-240.486--4.597-0)/733.495
=-0.03

* 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 $-0.03 mean?
PPC (PPCLY) has a Net Current Asset Value of $-0.03 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 PPC and its competitors. According to the industry distribution chart, PPC ranks #999999 out of 178 companies in the Building Materials industry.
Is PPC's Net Current Asset Value too high?
PPC's current Net Current Asset Value is $-0.03. Based on the distribution chart, PPC ranks #999999 out of 178 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, PPC has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Net Current Asset Value compare to CRH and VMC?
According to the Building Materials industry distribution chart, PPC ranks #999999 out of 178 companies for Net Current Asset Value. This places PPC in the lower half of its industry. The industry median Net Current Asset Value is 4.24. 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 Building Materials company?
The median Net Current Asset Value among Building Materials companies is 4.24, based on 178 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 PPC and its competitors. For the Building Materials industry, the median Net Current Asset Value is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPC's current Net Current Asset Value is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (PPCLY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.53, compared to a current price of $0.82 — trading 54.2% above its estimated fair value. The current Net Current Asset Value is $-0.03. PPC's overall GF Score™ is 40/100 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 PPC (PPCLY), the current Net Current Asset Value is $-0.03 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 PPC (PPCLY) Overvalued in 2026?

Based on GuruFocus' analysis, PPC stock appears to be overvalued. The current stock price of $0.82 is trading 54.2% above its estimated GF Value™ of $0.53. GuruFocus considers PPC to be Significantly Overvalued.

Key valuation signals for PPCLY:

  • Net Current Asset Value: $-0.03
  • GF Value™: $0.53 vs. price of $0.82 (54.2% above fair value)
  • GF Score™: 40/100 with 3 warning signs

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


PPC Business Description

Address 5 Parks Boulevard, First Floor, Oxford Parks, Dunkeld, Johannesburg, GT, ZAF, 2196
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
40GF Score

Get the complete analysis for PPCLY

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

$0.82
Price
$0.53
GF Value