TCCHF (Technogym SpA) Net Current Asset Value: $-0.03 (As of Dec. 2025)


TCCHF Technogym SpA TCCHF
87 GF Score
Price $24.00
GF Value $10.94
Valuation Significantly Overvalued
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What is Technogym SpA Net Current Asset Value?

Technogym SpA TCCHF 87 Net Current Asset Value is $-0.03 as of Dec. 2025. GuruFocus rates TCCHF with a GF Score™ of 87/100 and a GF Value™ of $10.94 (Significantly Overvalued). Among 310 Travel & Leisure companies, Technogym SpA ranks worse than 322580.32% 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).

Technogym SpA's net current asset value per share for the quarter that ended in Dec. 2025 was $-0.03.

The historical rank and industry rank for Technogym SpA'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 Technogym SpA was 113.31. The lowest was 65.00. And the median was 84.29.

TCCHF's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.1
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Technogym SpA  (OTCPK:TCCHF) 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.


Technogym SpA Net Current Asset Value Related Terms


Technogym SpA Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Technogym SpA'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.

Technogym SpA Net Current Asset Value Chart

Technogym SpA 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 0.10 0.12 0.09 0.14 -0.03

Technogym SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.09 -0.07 0.14 -0.35 -0.03

TCCHF vs AS, HAS, LTH: Net Current Asset Value Comparison

For the Leisure subindustry, Technogym SpA'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.


Technogym SpA Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


TCCHF
87GF Score
Technogym SpA TCCHF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Technogym SpA Net Current Asset Value Calculation

Technogym SpA'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)
=(582.851-584.985-3.544-0)/199.291
=-0.03

Technogym SpA's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(582.851-584.985-3.544-0)/199.291
=-0.03

* 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 $-0.03 mean?
Technogym SpA (TCCHF) has a Net Current Asset Value of $-0.03 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 Technogym SpA and its competitors. Over the past decade, Technogym SpA's Net Current Asset Value has ranged from 65.00 to 113.31. According to the industry distribution chart, Technogym SpA ranks #999999 out of 310 companies in the Travel & Leisure industry.
Is Technogym SpA's Net Current Asset Value too high?
Technogym SpA's current Net Current Asset Value is $-0.03. Over the past 10 years, this metric has ranged from a low of 65.00 to a high of 113.31. Based on the distribution chart, Technogym SpA ranks #999999 out of 310 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Technogym SpA has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Technogym SpA ranks #999999 out of 310 companies for Net Current Asset Value. This places Technogym SpA in the lower half of its industry. The industry median Net Current Asset Value is 4.10. Historically, Technogym SpA's own Net Current Asset Value has ranged from 65.00 to 113.31 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.10, based on 310 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 Technogym SpA and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technogym SpA's current Net Current Asset Value is $-0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (TCCHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.94, compared to a current price of $24.00 — trading 119.4% above its estimated fair value. The current Net Current Asset Value is $-0.03. Technogym SpA's overall GF Score™ is 87/100. 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 Technogym SpA (TCCHF), the current Net Current Asset Value is $-0.03 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 Technogym SpA (TCCHF) Overvalued in 2026?

Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued. The current stock price of $24.00 is trading 119.4% above its estimated GF Value™ of $10.94. GuruFocus considers Technogym SpA to be Significantly Overvalued.

Key valuation signals for TCCHF:

  • Net Current Asset Value: $-0.03
  • GF Value™: $10.94 vs. price of $24.00 (119.4% above fair value)
  • GF Score™: 87/100

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


Technogym SpA Business Description

Address Via Calcinaro, 2861, Cesena, ITA, 47521
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
87GF Score

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

$24.00
Price
$10.94
GF Value