2CRSI (TCSIF) Net Current Asset Value: $0.57 (As of Dec. 2025) — 89% Below Median


TCSIF 2CRSI SA TCSIF
72 GF Score
Price $12.25
GF Value $2.87
! 3 Warning Signs
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What is 2CRSI Net Current Asset Value?

2CRSI TCSIF 72 Net Current Asset Value is $0.57 as of Dec. 2025, which is 89% below its 10-year median of 5.42. GuruFocus rates TCSIF with a GF Score™ of 72/100 and a GF Value™ of $2.87. The stock has 3 warning signs investors should review. Among 1,845 Hardware companies, 2CRSI ranks worse than 96.1% 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).

2CRSI's net current asset value per share for the quarter that ended in Dec. 2025 was $0.57.

The historical rank and industry rank for 2CRSI's Net Current Asset Value or its related term are showing as below:

TCSIF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.05   Med: 5.42   Max: 56.17
Current: 55.68

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of 2CRSI was 56.17. The lowest was 1.05. And the median was 5.42.

TCSIF's Price-to-Net-Current-Asset-Value is ranked worse than
96.1% of 1845 companies
in the Hardware industry
Industry Median: 5.48 vs TCSIF: 55.68

2CRSI  (OTCPK:TCSIF) 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.


2CRSI Net Current Asset Value Related Terms


2CRSI Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for 2CRSI'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.

2CRSI Net Current Asset Value Chart

2CRSI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Feb21 Feb22 Feb23
Net Current Asset Value
Get a 7-Day Free Trial -1.04 2.69 -1.29 -1.02 -0.68

2CRSI Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 -0.68 1.66 0.76 0.66 0.57

TCSIF vs SNDK, DELL, STX: Net Current Asset Value Comparison

For the Computer Hardware subindustry, 2CRSI'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.


2CRSI Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, 2CRSI's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where 2CRSI's Price-to-Net-Current-Asset-Value falls into.


TCSIF
72GF Score
2CRSI SA TCSIF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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2CRSI Net Current Asset Value Calculation

2CRSI's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Feb. 2023 is calculated as

Net Current Asset Value Per Share(A: Feb. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(113.846-112.748-10.906-0)/14.365
=-0.68

2CRSI'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)
=(94.472-81.746--0.103-0)/22.355
=0.57

* 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 $0.57 mean?
2CRSI (TCSIF) has a Net Current Asset Value of $0.57 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 2CRSI and its competitors. This is 89% below median its historical median of 5.42. Over the past decade, 2CRSI's Net Current Asset Value has ranged from 1.05 to 56.17. According to the industry distribution chart, 2CRSI ranks #1773 out of 1845 companies in the Hardware industry, placing it in the top 96.1%.
Is 2CRSI's Net Current Asset Value too high?
2CRSI's current Net Current Asset Value of $0.57 is 89% below median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 56.17. The Hardware industry median Net Current Asset Value is 5.48. 2CRSI's value of $0.57 is 89.6% below this industry median. Based on the distribution chart, 2CRSI ranks #1773 out of 1845 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, 2CRSI has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does 2CRSI's Net Current Asset Value compare to SNDK and DELL?
According to the Hardware industry distribution chart, 2CRSI ranks #1773 out of 1845 companies for Net Current Asset Value. This places 2CRSI in the lower half of its industry. The industry median Net Current Asset Value is 5.48. 2CRSI's value of $0.57 is 89.6% below this benchmark. Historically, 2CRSI's own Net Current Asset Value has ranged from 1.05 to 56.17 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 5.48, 2CRSI has consistently been below 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 a Hardware company?
The median Net Current Asset Value among Hardware companies is 5.48, based on 1,845 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. 2CRSI's current Net Current Asset Value of $0.57 is 89.6% below 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 2CRSI and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2CRSI's current Net Current Asset Value is $0.57, which is 89% below median its own 10-year median of 5.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2CRSI stock overvalued right now?
2CRSI (TCSIF) has a current Net Current Asset Value of $0.57. The stock's GF Value™ is $2.87, compared to a current price of $12.25 — trading 326.8% above its estimated fair value. The current Net Current Asset Value is $0.57, which is 89% below median its 10-year median of 5.42 and 89.6% below the Hardware industry median of 5.48. 2CRSI's overall GF Score™ is 72/100 with 3 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 2CRSI (TCSIF), the current Net Current Asset Value is $0.57 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 2CRSI (TCSIF) Overvalued in 2026?

Based on GuruFocus' analysis, 2CRSI stock appears to be overvalued. The current stock price of $12.25 is trading 326.8% above its estimated GF Value™ of $2.87.

Key valuation signals for TCSIF:

  • Net Current Asset Value: $0.57 (89% below median its 10-year median of 5.42)
  • GF Value™: $2.87 vs. price of $12.25 (326.8% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 89.6% below the Hardware median (#1773 of 1845)

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


2CRSI Business Description

Other Exchanges AL2SI:France52C:Germany
Address 32 rue Jacobi-Netter, Strasbourg, FRA, 67200
2CRSI SA is engaged in researching, designing and manufacturing servers and IT solutions. The company offers expertise in storage solutions, intensive computing, dedicated servers, converged systems and appliances.
72GF Score

Get the complete analysis for TCSIF

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

$12.25
Price
$2.87
GF Value