Lubawa (WAR:LBW) Net Current Asset Value: zł2.37 (As of Mar. 2026) — 51% Below Median


WAR:LBW Lubawa SA WAR:LBW
73 GF Score
Price zł12.18
GF Value zł7.03
Valuation Significantly Overvalued
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What is Lubawa Net Current Asset Value?

Lubawa WAR:LBW -0.98% 73 Net Current Asset Value is zł2.37 as of Mar. 2026, which is 100% below its 10-year median of 4.79. GuruFocus rates WAR:LBW with a GF Score™ of 73/100 and a GF Value™ of zł7.03 (Significantly Overvalued). Among 220 Conglomerates companies, Lubawa ranks worse than 58.18% 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).

Lubawa's net current asset value per share for the quarter that ended in Mar. 2026 was zł2.37.

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

WAR:LBW' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.64   Med: 4.79   Max: 17.75
Current: 5.14

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lubawa was 17.75. The lowest was 2.64. And the median was 4.79.

WAR:LBW's Price-to-Net-Current-Asset-Value is ranked worse than
58.18% of 220 companies
in the Conglomerates industry
Industry Median: 4.125 vs WAR:LBW: 5.14

Lubawa  (WAR:LBW) 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.


Lubawa Net Current Asset Value Related Terms


Lubawa Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Lubawa'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.

Lubawa Net Current Asset Value Chart

Lubawa 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 0.41 0.50 0.74 1.36 2.21

Lubawa 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 1.45 1.75 1.87 2.21 2.37

WAR:LBW vs HON, MMM: Net Current Asset Value Comparison

For the Conglomerates subindustry, Lubawa'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.


Lubawa Price-to-Net-Current-Asset-Value vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lubawa's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


WAR:LBW
73GF Score
Lubawa SA WAR:LBW
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lubawa Net Current Asset Value Calculation

Lubawa'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)
=(542.81-210.007-0.538-0)/150.270
=2.21

Lubawa'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)
=(488.458-132.222-0.497-0)/150.270
=2.37

* 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 zł2.37 mean?
Lubawa (WAR:LBW) has a Net Current Asset Value of zł2.37 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 Lubawa and its competitors. This is 51% below median its historical median of 4.79. Over the past decade, Lubawa's Net Current Asset Value has ranged from 2.64 to 17.75. According to the industry distribution chart, Lubawa ranks #128 out of 220 companies in the Conglomerates industry, placing it in the top 58.2%.
Is Lubawa's Net Current Asset Value too high?
Lubawa's current Net Current Asset Value of zł2.37 is 51% below median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 17.75. Based on the distribution chart, Lubawa ranks #128 out of 220 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Lubawa has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lubawa's Net Current Asset Value compare to HON and MMM?
According to the Conglomerates industry distribution chart, Lubawa ranks #128 out of 220 companies for Net Current Asset Value. This places Lubawa in the lower half of its industry. The industry median Net Current Asset Value is 4.13. Historically, Lubawa's own Net Current Asset Value has ranged from 2.64 to 17.75 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.13, based on 220 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 Lubawa and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lubawa's current Net Current Asset Value is zł2.37, which is 51% below median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lubawa stock overvalued right now?
Based on GuruFocus' analysis, Lubawa (WAR:LBW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł7.03, compared to a current price of zł12.18 — trading 73.3% above its estimated fair value. The current Net Current Asset Value is zł2.37, which is 51% below median its 10-year median of 4.79. Lubawa's overall GF Score™ is 73/100. 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 Lubawa (WAR:LBW), the current Net Current Asset Value is zł2.37 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 Lubawa (WAR:LBW) Overvalued in 2026?

Based on GuruFocus' analysis, Lubawa stock appears to be overvalued. The current stock price of zł12.18 is trading 73.3% above its estimated GF Value™ of zł7.03. GuruFocus considers Lubawa to be Significantly Overvalued.

Key valuation signals for WAR:LBW:

  • Net Current Asset Value: zł2.37 (51% below median its 10-year median of 4.79)
  • GF Value™: zł7.03 vs. price of zł12.18 (73.3% above fair value)
  • GF Score™: 73/100

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


Lubawa Business Description

Other Exchanges WQ2:Germany
Address ul. Staroprzygodzka 117, Ostrow Wielkopolski, POL, 63-400
Lubawa SA is engaged in manufacturing and selling army, police, municipal police, border patrol, fire brigade, and special force products in Poland. It provides products for individual protection, such as helmets, bulletproof vests, modular externals, rescue masks, special and protective clothing among others.
73GF Score

Get the complete analysis for WAR:LBW

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

zł12.18
Price
zł7.03
GF Value