RLLMF (Real Matters) Net Current Asset Value: $0.54 (As of Mar. 2026) — 93% Below Median


RLLMF Real Matters Inc RLLMF
74 GF Score
Price $4.01
GF Value $4.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Real Matters Net Current Asset Value?

Real Matters RLLMF 74 Net Current Asset Value is $0.54 as of Mar. 2026, which is 93% below its 10-year median of 7.62. GuruFocus rates RLLMF with a GF Score™ of 74/100 and a GF Value™ of $4.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 758 Real Estate companies, Real Matters ranks worse than 80.61% 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).

Real Matters's net current asset value per share for the quarter that ended in Mar. 2026 was $0.54.

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

RLLMF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3   Med: 7.62   Max: 16.35
Current: 7.29

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Real Matters was 16.35. The lowest was 3.00. And the median was 7.62.

RLLMF's Price-to-Net-Current-Asset-Value is ranked worse than
80.61% of 758 companies
in the Real Estate industry
Industry Median: 2.115 vs RLLMF: 7.29

Real Matters  (OTCPK:RLLMF) 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.


Real Matters Net Current Asset Value Related Terms


Real Matters Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Real Matters'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.

Real Matters Net Current Asset Value Chart

Real Matters Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.66 0.61 0.64 0.56

Real Matters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.59 0.59 0.56 0.54 0.54

RLLMF vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, Real Matters'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.


Real Matters Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Matters's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


RLLMF
74GF Score
Real Matters Inc RLLMF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Matters Net Current Asset Value Calculation

Real Matters's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(A: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(61.956-20.696-0-0)/74.238
=0.56

Real Matters'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)
=(59.338-19.325-0-0)/74.287
=0.54

* 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 $0.54 mean?
Real Matters (RLLMF) has a Net Current Asset Value of $0.54 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 Real Matters and its competitors. This is 93% below median its historical median of 7.62. Over the past decade, Real Matters' Net Current Asset Value has ranged from 3.00 to 16.35. According to the industry distribution chart, Real Matters ranks #611 out of 758 companies in the Real Estate industry, placing it in the top 80.6%.
Is Real Matters' Net Current Asset Value too high?
Real Matters' current Net Current Asset Value of $0.54 is 93% below median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 16.35. The Real Estate industry median Net Current Asset Value is 2.12. Real Matters' value of $0.54 is 74.5% below this industry median. Based on the distribution chart, Real Matters ranks #611 out of 758 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Real Matters has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Matters' Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Real Matters ranks #611 out of 758 companies for Net Current Asset Value. This places Real Matters in the lower half of its industry. The industry median Net Current Asset Value is 2.12. Real Matters' value of $0.54 is 74.5% below this benchmark. Historically, Real Matters' own Net Current Asset Value has ranged from 3.00 to 16.35 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 2.12, Real Matters 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 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. Real Matters's current Net Current Asset Value of $0.54 is 74.5% 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 Real Matters 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. Real Matters's current Net Current Asset Value is $0.54, which is 93% below median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Matters stock overvalued right now?
Based on GuruFocus' analysis, Real Matters (RLLMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.67, compared to a current price of $4.01 — trading 14.1% below its estimated fair value. The current Net Current Asset Value is $0.54, which is 93% below median its 10-year median of 7.62 and 74.5% below the Real Estate industry median of 2.12. Real Matters' overall GF Score™ is 74/100 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 Real Matters (RLLMF), the current Net Current Asset Value is $0.54 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 Real Matters (RLLMF) Overvalued in 2026?

Based on GuruFocus' analysis, Real Matters stock appears to be undervalued. The current stock price of $4.01 is trading 14.1% below its estimated GF Value™ of $4.67. GuruFocus considers Real Matters to be Modestly Undervalued.

Key valuation signals for RLLMF:

  • Net Current Asset Value: $0.54 (93% below median its 10-year median of 7.62)
  • GF Value™: $4.67 vs. price of $4.01 (14.1% below fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 74.5% below the Real Estate median (#611 of 758)

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


Real Matters Business Description

Other Exchanges R3E:GermanyREAL:Canada
Address 50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8
Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title, and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.
74GF Score

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

$4.01
Price
$4.67
GF Value