Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Saudi Manpower Solutions Co (SMASCO)SAU:1834 +0.16%20 Net Current Asset Value is ﷼0.84 as of Mar. 2026, which is 100% below its 10-year median of 7.48. GuruFocus rates SAU:1834 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 627 Business Services companies, Saudi Manpower Solutions Co (SMASCO) ranks worse than 70.81% 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).
The historical rank and industry rank for Saudi Manpower Solutions Co (SMASCO)'s Net Current Asset Value or its related term are showing as below:
SAU:1834'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.93 Med: 7.48 Max: 12.31
Current: 7.44
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Saudi Manpower Solutions Co (SMASCO) was 12.31. The lowest was 5.93. And the median was 7.48.
SAU:1834's Price-to-Net-Current-Asset-Value is ranked worse than 70.81% of 627
companies
in the Business Services industry
Industry Median: 3.8
vs SAU:1834: 7.44
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) 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.
Saudi Manpower Solutions Co (SMASCO) Net Current Asset Value Related Terms
Saudi Manpower Solutions Co (SMASCO) 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.
Saudi Manpower Solutions Co (SMASCO) Net Current Asset Value Chart
Saudi Manpower Solutions Co (SMASCO) Annual Data
Trend
Dec23
Dec24
Dec25
Net Current Asset Value
0.65
0.83
0.89
Saudi Manpower Solutions Co (SMASCO) Quarterly Data
SAU:1834 vs KFY, RHI, TNET: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, Saudi Manpower Solutions Co (SMASCO)'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.
Saudi Manpower Solutions Co (SMASCO) Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Saudi Manpower Solutions Co (SMASCO)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Saudi Manpower Solutions Co (SMASCO)'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 ﷼0.84 mean?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a Net Current Asset Value of ﷼0.84 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 Saudi Manpower Solutions Co (SMASCO) and its competitors. This is 89% below median its historical median of 7.48. Over the past decade, Saudi Manpower Solutions Co (SMASCO)'s Net Current Asset Value has ranged from 5.93 to 12.31. According to the industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #444 out of 627 companies in the Business Services industry, placing it in the top 70.8%.
Is Saudi Manpower Solutions Co (SMASCO)'s Net Current Asset Value too high?
Saudi Manpower Solutions Co (SMASCO)'s current Net Current Asset Value of ﷼0.84 is 89% below median its 10-year median of 7.48. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 12.31. Based on the distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #444 out of 627 companies in the Business Services industry, which is below the industry midpoint. Overall, Saudi Manpower Solutions Co (SMASCO) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Saudi Manpower Solutions Co (SMASCO)'s Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, Saudi Manpower Solutions Co (SMASCO) ranks #444 out of 627 companies for Net Current Asset Value. This places Saudi Manpower Solutions Co (SMASCO) in the lower half of its industry. The industry median Net Current Asset Value is 3.80. Historically, Saudi Manpower Solutions Co (SMASCO)'s own Net Current Asset Value has ranged from 5.93 to 12.31 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.80, based on 627 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 Saudi Manpower Solutions Co (SMASCO) and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Manpower Solutions Co (SMASCO)'s current Net Current Asset Value is ﷼0.84, which is 89% below median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Manpower Solutions Co (SMASCO) stock overvalued right now?
Saudi Manpower Solutions Co (SMASCO) (SAU:1834) has a current Net Current Asset Value of ﷼0.84. The current Net Current Asset Value is ﷼0.84, which is 89% below median its 10-year median of 7.48. Saudi Manpower Solutions Co (SMASCO)'s overall GF Score™ is 20/100 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 Saudi Manpower Solutions Co (SMASCO) (SAU:1834), the current Net Current Asset Value is ﷼0.84 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.
Saudi Manpower Solutions Co (SMASCO) Business Description
Saudi Manpower Solutions Co (SMASCO) mainly provides employment agency services and administration and support to individuals and businesses for temporary employment of foreign labour. The Group's reportable operating segments are: Corporate, Individuals, Logistic, and Others. Maximum revenue is derived from the Corporate segment, which provides services of expatriate and Saudi labour to companies whose contracts extend for two years. The Individuals segment provides home labour services to individual customers whose contract duration ranges from one month to two years, including various hourly works, and the Logistic segment includes storage facilities for all types of goods, accommodation services, and transportation services.
20GF Score
Get the complete analysis for SAU:1834
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SAU:1834 has been successfully added to your 
