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).
PYYIF's Price-to-Net-Current-Asset-Value is ranked worse than 70.11% of 1054
companies
in the Construction industry
Industry Median: 3.23
vs PYYIF: 6.29
Promotora Y Operadora de InfraestructuraB de CV (OTCPK:PYYIF) 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.
Promotora Y Operadora de InfraestructuraB de CV Net Current Asset Value Related Terms
Promotora Y Operadora de InfraestructuraB de CV 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.
Promotora Y Operadora de InfraestructuraB de CV Net Current Asset Value Chart
Promotora Y Operadora de InfraestructuraB de CV Annual Data
Promotora Y Operadora de InfraestructuraB de CV Net Current Asset Value Competitor Comparison
For the Infrastructure Operations subindustry, Promotora Y Operadora de InfraestructuraB de CV'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.
Promotora Y Operadora de InfraestructuraB de CV Price-to-Net-Current-Asset-Value vs Construction Industry
* 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 $2.43 mean?
Promotora Y Operadora de InfraestructuraB de CV (PYYIF) has a Net Current Asset Value of $2.43 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 Promotora Y Operadora de InfraestructuraB de CV and its competitors. This is 76% below median its historical median of 10.32. Over the past decade, Promotora Y Operadora de InfraestructuraB de CV's Net Current Asset Value has ranged from 5.51 to 216.79. According to the industry distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #739 out of 1054 companies in the Construction industry, placing it in the top 70.1%.
Is Promotora Y Operadora de InfraestructuraB de CV's Net Current Asset Value too high?
Promotora Y Operadora de InfraestructuraB de CV's current Net Current Asset Value of $2.43 is 76% below median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 5.51 to a high of 216.79. The Construction industry median Net Current Asset Value is 3.23. Promotora Y Operadora de InfraestructuraB de CV's value of $2.43 is 24.8% below this industry median. Based on the distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #739 out of 1054 companies in the Construction industry, which is below the industry midpoint. Overall, Promotora Y Operadora de InfraestructuraB de CV has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Promotora Y Operadora de InfraestructuraB de CV's Net Current Asset Value compare to competitors?
According to the Construction industry distribution chart, Promotora Y Operadora de InfraestructuraB de CV ranks #739 out of 1054 companies for Net Current Asset Value. This places Promotora Y Operadora de InfraestructuraB de CV in the lower half of its industry. The industry median Net Current Asset Value is 3.23. Promotora Y Operadora de InfraestructuraB de CV's value of $2.43 is 24.8% below this benchmark. Historically, Promotora Y Operadora de InfraestructuraB de CV's own Net Current Asset Value has ranged from 5.51 to 216.79 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 3.23, Promotora Y Operadora de InfraestructuraB de CV has consistently been below the industry average. 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.23, based on 1,054 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. Promotora Y Operadora de InfraestructuraB de CV's current Net Current Asset Value of $2.43 is 24.8% below the industry median. 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 Promotora Y Operadora de InfraestructuraB de CV and its competitors. For the Construction industry, the median Net Current Asset Value is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promotora Y Operadora de InfraestructuraB de CV's current Net Current Asset Value is $2.43, which is 76% below median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promotora Y Operadora de InfraestructuraB de CV stock overvalued right now?
Promotora Y Operadora de InfraestructuraB de CV (PYYIF) has a current Net Current Asset Value of $2.43. The stock's GF Value™ is $10.57, compared to a current price of $11.45 — trading 8.3% above its estimated fair value. The current Net Current Asset Value is $2.43, which is 76% below median its 10-year median of 10.32 and 24.8% below the Construction industry median of 3.23. Promotora Y Operadora de InfraestructuraB de CV's overall GF Score™ is 86/100 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 Promotora Y Operadora de InfraestructuraB de CV (PYYIF), the current Net Current Asset Value is $2.43 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 Promotora Y Operadora de InfraestructuraB de CV (PYYIF) Overvalued in 2026?
Based on GuruFocus' analysis, Promotora Y Operadora de InfraestructuraB de CV stock appears to be overvalued.
The current stock price of $11.45 is trading 8.3% above its estimated GF Value™ of $10.57.
Key valuation signals for PYYIF:
Net Current Asset Value: $2.43 (76% below median its 10-year median of 10.32)
GF Value™: $10.57 vs. price of $11.45 (8.3% above fair value)
Industry Position: 24.8% below the Construction median (#739 of 1054)
No single metric tells the full story. See the PYYIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Promotora Y Operadora de InfraestructuraB de CV Business Description
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company has three business segments: concession, construction, and manufacture. The construction division provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.
86GF Score
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