Schindler Holding AGSHLAF 78 Net Current Asset Value is $11.73 as of Mar. 2026, which is 69% below its 10-year median of 37.54. GuruFocus rates SHLAF with a GF Score™ of 78/100 and a GF Value™ of $326.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,216 Industrial Products companies, Schindler Holding AG ranks worse than 89.85% 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).
Schindler Holding AG's net current asset value per share for the quarter that ended in Mar. 2026 was $11.73.
The historical rank and industry rank for Schindler Holding AG's Net Current Asset Value or its related term are showing as below:
SHLAF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 18.32 Med: 37.54 Max: 11840
Current: 27.53
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Schindler Holding AG was 11840.00. The lowest was 18.32. And the median was 37.54.
SHLAF's Price-to-Net-Current-Asset-Value is ranked worse than 89.85% of 2216
companies
in the Industrial Products industry
Industry Median: 5.47
vs SHLAF: 27.53
Schindler Holding AG (OTCPK:SHLAF) 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.
Schindler Holding AG Net Current Asset Value Related Terms
Schindler Holding AG Net Current Asset Value Historical Data
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The historical data trend for Schindler Holding AG'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.
Schindler Holding AG Net Current Asset Value Chart
SHLAF vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Schindler Holding AG'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.
Schindler Holding AG Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Schindler Holding AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Schindler Holding AG'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 $11.73 mean?
Schindler Holding AG (SHLAF) has a Net Current Asset Value of $11.73 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 Schindler Holding AG and its competitors. This is 69% below median its historical median of 37.54. Over the past decade, Schindler Holding AG's Net Current Asset Value has ranged from 18.32 to 11,840.00. According to the industry distribution chart, Schindler Holding AG ranks #1991 out of 2216 companies in the Industrial Products industry, placing it in the top 89.8%.
Is Schindler Holding AG's Net Current Asset Value too high?
Schindler Holding AG's current Net Current Asset Value of $11.73 is 69% below median its 10-year median of 37.54. Over the past 10 years, this metric has ranged from a low of 18.32 to a high of 11,840.00. The Industrial Products industry median Net Current Asset Value is 5.47. Schindler Holding AG's value of $11.73 is 114.4% above this industry median. Based on the distribution chart, Schindler Holding AG ranks #1991 out of 2216 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Schindler Holding AG has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Schindler Holding AG's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Schindler Holding AG ranks #1991 out of 2216 companies for Net Current Asset Value. This places Schindler Holding AG in the lower half of its industry. The industry median Net Current Asset Value is 5.47. Schindler Holding AG's value of $11.73 is 114.4% above this benchmark. Historically, Schindler Holding AG's own Net Current Asset Value has ranged from 18.32 to 11,840.00 over the past decade. While the company's 10-year median is 37.54 vs. the industry median of 5.47, Schindler Holding AG has consistently been above 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.47, based on 2,216 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. Schindler Holding AG's current Net Current Asset Value of $11.73 is 114.4% above 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 Schindler Holding AG and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schindler Holding AG's current Net Current Asset Value is $11.73, which is 69% below median its own 10-year median of 37.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schindler Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Schindler Holding AG (SHLAF) is currently considered Fairly Valued. The stock's GF Value™ is $326.19, compared to a current price of $339.48 — trading 4.1% above its estimated fair value. The current Net Current Asset Value is $11.73, which is 69% below median its 10-year median of 37.54 and 114.4% above the Industrial Products industry median of 5.47. Schindler Holding AG's overall GF Score™ is 78/100 with 1 warning sign 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 Schindler Holding AG (SHLAF), the current Net Current Asset Value is $11.73 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 Schindler Holding AG (SHLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Schindler Holding AG stock appears to be overvalued.
The current stock price of $339.48 is trading 4.1% above its estimated GF Value™ of $326.19.
GuruFocus considers Schindler Holding AG to be Fairly Valued.
Key valuation signals for SHLAF:
Net Current Asset Value: $11.73 (69% below median its 10-year median of 37.54)
GF Value™: $326.19 vs. price of $339.48 (4.1% above fair value)
Industry Position: 114.4% above the Industrial Products median (#1991 of 2216)
No single metric tells the full story. See the SHLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.
78GF Score
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