Blue Bird (STU:4RB) Net Current Asset Value: €2.05 (As of Mar. 2026) — 94% Below Median


STU:4RB Blue Bird Corp STU:4RB
80 GF Score
Price €67.68
GF Value €44.58
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Blue Bird Net Current Asset Value?

Blue Bird STU:4RB -0.76% 80 Net Current Asset Value is €2.05 as of Mar. 2026, which is 100% below its 10-year median of 35.55. GuruFocus rates STU:4RB with a GF Score™ of 80/100 and a GF Value™ of €44.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 143 Farm & Heavy Construction Machinery companies, Blue Bird ranks worse than 93.71% 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).

Blue Bird's net current asset value per share for the quarter that ended in Mar. 2026 was €2.05.

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

STU:4RB' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 23.96   Med: 35.55   Max: 196.18
Current: 32.7

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Blue Bird was 196.18. The lowest was 23.96. And the median was 35.55.

STU:4RB's Price-to-Net-Current-Asset-Value is ranked worse than
93.71% of 143 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.69 vs STU:4RB: 32.70

Blue Bird  (STU:4RB) 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.


Blue Bird Net Current Asset Value Related Terms


Blue Bird Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Blue Bird'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.

Blue Bird Net Current Asset Value Chart

Blue Bird 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 -7.27 -6.00 -4.13 -1.17 1.12

Blue Bird 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 -0.73 0.19 1.12 1.48 2.05

STU:4RB vs ALG, ASTE, LNN: Net Current Asset Value Comparison

For the Farm & Heavy Construction Machinery subindustry, Blue Bird'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.


Blue Bird Price-to-Net-Current-Asset-Value vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Blue Bird's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


STU:4RB
80GF Score
Blue Bird Corp STU:4RB
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Blue Bird Net Current Asset Value Calculation

Blue Bird'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)
=(350.707-315.104-0-0)/31.885
=1.12

Blue Bird'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)
=(403.58-338.592-0-0)/31.647
=2.05

* 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 €2.05 mean?
Blue Bird (STU:4RB) has a Net Current Asset Value of €2.05 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 Blue Bird and its competitors. This is 94% below median its historical median of 35.55. Over the past decade, Blue Bird's Net Current Asset Value has ranged from 23.96 to 196.18. According to the industry distribution chart, Blue Bird ranks #134 out of 143 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 93.7%.
Is Blue Bird's Net Current Asset Value too high?
Blue Bird's current Net Current Asset Value of €2.05 is 94% below median its 10-year median of 35.55. Over the past 10 years, this metric has ranged from a low of 23.96 to a high of 196.18. Based on the distribution chart, Blue Bird ranks #134 out of 143 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Blue Bird has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blue Bird's Net Current Asset Value compare to ALG and ASTE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Blue Bird ranks #134 out of 143 companies for Net Current Asset Value. This places Blue Bird in the lower half of its industry. The industry median Net Current Asset Value is 3.69. Historically, Blue Bird's own Net Current Asset Value has ranged from 23.96 to 196.18 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 Farm & Heavy Construction Machinery company?
The median Net Current Asset Value among Farm & Heavy Construction Machinery companies is 3.69, based on 143 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 Blue Bird and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Current Asset Value is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Bird's current Net Current Asset Value is €2.05, which is 94% below median its own 10-year median of 35.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Bird stock overvalued right now?
Based on GuruFocus' analysis, Blue Bird (STU:4RB) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.58, compared to a current price of €67.68 — trading 51.8% above its estimated fair value. The current Net Current Asset Value is €2.05, which is 94% below median its 10-year median of 35.55. Blue Bird's overall GF Score™ is 80/100 with 4 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 Blue Bird (STU:4RB), the current Net Current Asset Value is €2.05 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 Blue Bird (STU:4RB) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Bird stock appears to be overvalued. The current stock price of €67.68 is trading 51.8% above its estimated GF Value™ of €44.58. GuruFocus considers Blue Bird to be Significantly Overvalued.

Key valuation signals for STU:4RB:

  • Net Current Asset Value: €2.05 (94% below median its 10-year median of 35.55)
  • GF Value™: €44.58 vs. price of €67.68 (51.8% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the STU:4RB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blue Bird Business Description

Other Exchanges BLBD:USA4RB:Germany
Address 3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It is an independent designer and manufacturer of school buses. The company operates in two segments; the Bus segment which involves the design, engineering, manufacture, and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. Geographically, the company generates a majority of its revenue from its customers in the United States and the rest from Canada and Rest of the world.
80GF Score

Get the complete analysis for STU:4RB

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

€67.68
Price
€44.58
GF Value