EnviTec Biogas AGSTU:ETG +1.11%76 Net Current Asset Value is €-3.87 as of Dec. 2025. GuruFocus rates STU:ETG with a GF Score™ of 76/100 and a GF Value™ of €22.90 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 106 Utilities - Independent Power Producers companies, EnviTec Biogas AG ranks worse than 943395.28% 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).
EnviTec Biogas AG's net current asset value per share for the quarter that ended in Dec. 2025 was €-3.87.
The historical rank and industry rank for EnviTec Biogas AG's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of EnviTec Biogas AG was 80.21. The lowest was 28.95. And the median was 46.92.
STU:ETG's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.975 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
EnviTec Biogas AG (STU:ETG) 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.
EnviTec Biogas AG Net Current Asset Value Related Terms
EnviTec Biogas AG Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for EnviTec Biogas 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.
EnviTec Biogas AG Net Current Asset Value Competitor Comparison
For the Utilities - Renewable subindustry, EnviTec Biogas 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.
EnviTec Biogas AG Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, EnviTec Biogas AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where EnviTec Biogas 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 €-3.87 mean?
EnviTec Biogas AG (STU:ETG) has a Net Current Asset Value of €-3.87 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on EnviTec Biogas AG and its competitors. Over the past decade, EnviTec Biogas AG's Net Current Asset Value has ranged from 28.95 to 80.21. According to the industry distribution chart, EnviTec Biogas AG ranks #999999 out of 106 companies in the Utilities - Independent Power Producers industry.
Is EnviTec Biogas AG's Net Current Asset Value too high?
EnviTec Biogas AG's current Net Current Asset Value is €-3.87. Over the past 10 years, this metric has ranged from a low of 28.95 to a high of 80.21. Based on the distribution chart, EnviTec Biogas AG ranks #999999 out of 106 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, EnviTec Biogas AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EnviTec Biogas AG's Net Current Asset Value compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, EnviTec Biogas AG ranks #999999 out of 106 companies for Net Current Asset Value. This places EnviTec Biogas AG in the lower half of its industry. The industry median Net Current Asset Value is 4.98. Historically, EnviTec Biogas AG's own Net Current Asset Value has ranged from 28.95 to 80.21 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 an Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 4.98, based on 106 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 EnviTec Biogas AG and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnviTec Biogas AG's current Net Current Asset Value is €-3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnviTec Biogas AG stock overvalued right now?
Based on GuruFocus' analysis, EnviTec Biogas AG (STU:ETG) is currently considered Modestly Undervalued. The stock's GF Value™ is €22.90, compared to a current price of €18.15 — trading 20.7% below its estimated fair value. The current Net Current Asset Value is €-3.87. EnviTec Biogas AG's overall GF Score™ is 76/100 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 EnviTec Biogas AG (STU:ETG), the current Net Current Asset Value is €-3.87 as of Dec. 2025. 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 EnviTec Biogas AG (STU:ETG) Overvalued in 2026?
Based on GuruFocus' analysis, EnviTec Biogas AG stock appears to be undervalued.
The current stock price of €18.15 is trading 20.7% below its estimated GF Value™ of €22.90.
GuruFocus considers EnviTec Biogas AG to be Modestly Undervalued.
Key valuation signals for STU:ETG:
Net Current Asset Value: €-3.87
GF Value™: €22.90 vs. price of €18.15 (20.7% below fair value)
No single metric tells the full story. See the STU:ETG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EnviTec Biogas AG is a Germany based company engaged in manufacturing and operating biogas and biomethane plants. It provides biological and technical services, and plant management and operation services. The operating segments of the company are Plant construction, Own plant operation and energy, and Service. It generates maximum revenue from its Own plant operation and energy segment. Geographically, it derives a majority of its revenue from Germany and also has a presence in Italy; Great Britain; Czech Republic; France; Denmark and Other Countries.
76GF Score
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