The Farm 51 Group (WAR:F51) Net Current Asset Value: zł2.42 (As of Mar. 2026) — 82% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:F51 The Farm 51 Group WAR:F51
54 GF Score
Price zł2.00
GF Value zł2.86
Valuation Possible Value Trap
! 7 Warning Signs
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What is The Farm 51 Group Net Current Asset Value?

The Farm 51 Group WAR:F51 54 Net Current Asset Value is zł2.42 as of Mar. 2026, which is 100% below its 10-year median of 13.39. GuruFocus rates WAR:F51 with a GF Score™ of 54/100 and a GF Value™ of zł2.86 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 366 Interactive Media companies, The Farm 51 Group ranks better than 93.17% 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).

The Farm 51 Group's net current asset value per share for the quarter that ended in Mar. 2026 was zł2.42.

The historical rank and industry rank for The Farm 51 Group's Net Current Asset Value or its related term are showing as below:

WAR:F51' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.83   Med: 13.39   Max: 41.64
Current: 0.83

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Farm 51 Group was 41.64. The lowest was 0.83. And the median was 13.39.

WAR:F51's Price-to-Net-Current-Asset-Value is ranked better than
93.17% of 366 companies
in the Interactive Media industry
Industry Median: 3.595 vs WAR:F51: 0.83

The Farm 51 Group  (WAR:F51) 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.


The Farm 51 Group Net Current Asset Value Related Terms


The Farm 51 Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for The Farm 51 Group'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.

The Farm 51 Group Net Current Asset Value Chart

The Farm 51 Group 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 2.25 2.79 2.15 1.33 2.22

The Farm 51 Group 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 1.76 1.99 2.31 2.22 2.42

WAR:F51 vs NTES, EA, TTWO: Net Current Asset Value Comparison

For the Electronic Gaming & Multimedia subindustry, The Farm 51 Group'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.


The Farm 51 Group Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Farm 51 Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Farm 51 Group's Price-to-Net-Current-Asset-Value falls into.


WAR:F51
54GF Score
The Farm 51 Group WAR:F51
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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The Farm 51 Group Net Current Asset Value Calculation

The Farm 51 Group'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)
=(27.571-12.21-0-0)/6.923
=2.22

The Farm 51 Group'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)
=(29.634-12.887-0-0)/6.923
=2.42

* 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 zł2.42 mean?
The Farm 51 Group (WAR:F51) has a Net Current Asset Value of zł2.42 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 The Farm 51 Group and its competitors. This is 82% below median its historical median of 13.39. Over the past decade, The Farm 51 Group's Net Current Asset Value has ranged from 0.83 to 41.64. According to the industry distribution chart, The Farm 51 Group ranks #25 out of 366 companies in the Interactive Media industry, placing it in the top 6.8%.
Is The Farm 51 Group's Net Current Asset Value too high?
The Farm 51 Group's current Net Current Asset Value of zł2.42 is 82% below median its 10-year median of 13.39. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 41.64. Based on the distribution chart, The Farm 51 Group ranks #25 out of 366 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, The Farm 51 Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Farm 51 Group's Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, The Farm 51 Group ranks #25 out of 366 companies for Net Current Asset Value. This places The Farm 51 Group in the top 7% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.60. Historically, The Farm 51 Group's own Net Current Asset Value has ranged from 0.83 to 41.64 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 Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.60, based on 366 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 The Farm 51 Group and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Farm 51 Group's current Net Current Asset Value is zł2.42, which is 82% below median its own 10-year median of 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Farm 51 Group stock overvalued right now?
Based on GuruFocus' analysis, The Farm 51 Group (WAR:F51) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.86, compared to a current price of zł2.00 — trading 30.1% below its estimated fair value. The current Net Current Asset Value is zł2.42, which is 82% below median its 10-year median of 13.39. The Farm 51 Group's overall GF Score™ is 54/100 with 7 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 The Farm 51 Group (WAR:F51), the current Net Current Asset Value is zł2.42 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 The Farm 51 Group (WAR:F51) Overvalued in 2026?

Based on GuruFocus' analysis, The Farm 51 Group stock appears to be undervalued. The current stock price of zł2.00 is trading 30.1% below its estimated GF Value™ of zł2.86. GuruFocus considers The Farm 51 Group to be Possible Value Trap.

Key valuation signals for WAR:F51:

  • Net Current Asset Value: zł2.42 (82% below median its 10-year median of 13.39)
  • GF Value™: zł2.86 vs. price of zł2.00 (30.1% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the WAR:F51 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Farm 51 Group Business Description

Address Bohaterow Getta Warszawskiego 15 Street, Gliwice, POL, 44-102
The Farm 51 Group develops video games for personal computers, desktop consoles and mobile devices. The company also creates games, modern VR applications and participate in many innovative educational and commercial projects.
54GF Score

Get the complete analysis for WAR:F51

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

zł2.00
Price
zł2.86
GF Value