Almarai Co (SAU:2280) Net Current Asset Value: ﷼-10.01 (As of Mar. 2026)

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SAU:2280 Almarai Co SAU:2280
92 GF Score
Price ﷼46.08
GF Value ﷼62.93
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Almarai Co Net Current Asset Value?

Almarai Co SAU:2280 +0.30% 92 Net Current Asset Value is ﷼-10.01 as of Mar. 2026. GuruFocus rates SAU:2280 with a GF Score™ of 92/100 and a GF Value™ of ﷼62.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,052 Consumer Packaged Goods companies, Almarai Co ranks worse than 95056.94% 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).

Almarai Co's net current asset value per share for the quarter that ended in Mar. 2026 was ﷼-10.01.

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

SAU:2280's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.16
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Almarai Co  (SAU:2280) 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.


Almarai Co Net Current Asset Value Related Terms


Almarai Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Almarai Co'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.

Almarai Co Net Current Asset Value Chart

Almarai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.58 -7.32 -6.98 -8.04 -10.11

Almarai Co 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 -7.88 -8.81 -9.69 -10.11 -10.01

SAU:2280 vs KHC, GIS: Net Current Asset Value Comparison

For the Packaged Foods subindustry, Almarai Co'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.


Almarai Co Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almarai Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SAU:2280
92GF Score
Almarai Co SAU:2280
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Almarai Co Net Current Asset Value Calculation

Almarai Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9391.608-19439.662--0.244-0)/993.991
=-10.11

Almarai Co'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)
=(11471.895-21420.449--0.028-0)/993.991
=-10.01

* 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 ﷼-10.01 mean?
Almarai Co (SAU:2280) has a Net Current Asset Value of ﷼-10.01 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 Almarai Co and its competitors. According to the industry distribution chart, Almarai Co ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry.
Is Almarai Co's Net Current Asset Value too high?
Almarai Co's current Net Current Asset Value is ﷼-10.01. Based on the distribution chart, Almarai Co ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Almarai Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Almarai Co's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Almarai Co ranks #999999 out of 1052 companies for Net Current Asset Value. This places Almarai Co in the lower half of its industry. The industry median Net Current Asset Value is 4.16. 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 4.16, based on 1,052 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 Almarai Co and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almarai Co's current Net Current Asset Value is ﷼-10.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almarai Co stock overvalued right now?
Based on GuruFocus' analysis, Almarai Co (SAU:2280) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼62.93, compared to a current price of ﷼46.08 — trading 26.8% below its estimated fair value. The current Net Current Asset Value is ﷼-10.01. Almarai Co's overall GF Score™ is 92/100 with 5 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 Almarai Co (SAU:2280), the current Net Current Asset Value is ﷼-10.01 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 Almarai Co (SAU:2280) Overvalued in 2026?

Based on GuruFocus' analysis, Almarai Co stock appears to be undervalued. The current stock price of ﷼46.08 is trading 26.8% below its estimated GF Value™ of ﷼62.93. GuruFocus considers Almarai Co to be Modestly Undervalued.

Key valuation signals for SAU:2280:

  • Net Current Asset Value: ﷼-10.01
  • GF Value™: ﷼62.93 vs. price of ﷼46.08 (26.8% below fair value)
  • GF Score™: 92/100 with 5 warning signs

No single metric tells the full story. See the SAU:2280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Almarai Co Business Description

Address Exit 7, North Ring Road, Al Izdihar District, P.O. Box 8524, Riyadh, SAU, 11492
Almarai Co is a manufacturer and distributor of quality food and beverages. Its product portfolio includes dairy products, juices, bakery items, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, covering milk, dairy, fruit juice, ice cream processing, and distribution; Bakery, covering the manufacturing and distribution of bakery products; Poultry, covering poultry products; and Other Activities, including arable farming, horticulture, infant nutrition, seafood, value-added meat products, and water. The majority of the revenue is derived from the Dairy and Juice segment, with the maximum revenue generated from Saudi Arabia.
92GF Score

Get the complete analysis for SAU:2280

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

﷼46.08
Price
﷼62.93
GF Value