ENEFI Asset ManagementWAR:EST 43 Net Current Asset Value is zł2.95 as of Jun. 2025, which is 100% below its 10-year median of 2.00. GuruFocus rates WAR:EST with a GF Score™ of 43/100 and a GF Value™ of zł1.11. The stock has 3 warning signs investors should review. Among 104 Utilities - Independent Power Producers companies, ENEFI Asset Management ranks better than 89.42% 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).
ENEFI Asset Management's net current asset value per share for the quarter that ended in Jun. 2025 was zł2.95.
The historical rank and industry rank for ENEFI Asset Management's Net Current Asset Value or its related term are showing as below:
WAR:EST'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.79 Med: 2 Max: 29.57
Current: 0.87
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ENEFI Asset Management was 29.57. The lowest was 0.79. And the median was 2.00.
WAR:EST's Price-to-Net-Current-Asset-Value is ranked better than 89.42% of 104
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.045
vs WAR:EST: 0.87
ENEFI Asset Management (WAR:EST) 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.
ENEFI Asset Management Net Current Asset Value Related Terms
ENEFI Asset Management Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ENEFI Asset Management'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.
ENEFI Asset Management Net Current Asset Value Chart
ENEFI Asset Management Net Current Asset Value Competitor Comparison
For the Utilities - Renewable subindustry, ENEFI Asset Management'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.
ENEFI Asset Management Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ENEFI Asset Management's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ENEFI Asset Management'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 zł2.95 mean?
ENEFI Asset Management (WAR:EST) has a Net Current Asset Value of zł2.95 as of Jun. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on ENEFI Asset Management and its competitors. This is 48% above median its historical median of 2.00. Over the past decade, ENEFI Asset Management's Net Current Asset Value has ranged from 0.79 to 29.57. According to the industry distribution chart, ENEFI Asset Management ranks #11 out of 104 companies in the Utilities - Independent Power Producers industry, placing it in the top 10.6%.
Is ENEFI Asset Management's Net Current Asset Value too high?
ENEFI Asset Management's current Net Current Asset Value of zł2.95 is 48% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 29.57. Based on the distribution chart, ENEFI Asset Management ranks #11 out of 104 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, ENEFI Asset Management has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does ENEFI Asset Management's Net Current Asset Value compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ENEFI Asset Management ranks #11 out of 104 companies for Net Current Asset Value. This places ENEFI Asset Management in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.05. Historically, ENEFI Asset Management's own Net Current Asset Value has ranged from 0.79 to 29.57 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 5.05, based on 104 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 ENEFI Asset Management and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENEFI Asset Management's current Net Current Asset Value is zł2.95, which is 48% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENEFI Asset Management stock overvalued right now?
ENEFI Asset Management (WAR:EST) has a current Net Current Asset Value of zł2.95. The stock's GF Value™ is zł1.11, compared to a current price of zł1.46 — trading 31.5% above its estimated fair value. The current Net Current Asset Value is zł2.95, which is 48% above median its 10-year median of 2.00. ENEFI Asset Management's overall GF Score™ is 43/100 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 ENEFI Asset Management (WAR:EST), the current Net Current Asset Value is zł2.95 as of Jun. 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 ENEFI Asset Management (WAR:EST) Overvalued in 2026?
Based on GuruFocus' analysis, ENEFI Asset Management stock appears to be overvalued.
The current stock price of zł1.46 is trading 31.5% above its estimated GF Value™ of zł1.11.
Key valuation signals for WAR:EST:
Net Current Asset Value: zł2.95 (48% above median its 10-year median of 2.00)
GF Value™: zł1.11 vs. price of zł1.46 (31.5% above fair value)
No single metric tells the full story. See the WAR:EST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENEFI Asset Management PLC is an alternative energy company engaged in the production and sale of thermal energy, the revenue from the real estate assets is given into asset management, and the construction of a special facility (filling station). It offers heat supply, public lighting, and kitchen technology investments. The company operates in the following segments: the Energy sector; the Real segment, which currently has four branches: finance, tourism, real estate, and food industry; and the Capital market segment. The company derives the majority of its revenue from the Energy sector.
43GF Score
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