Letus CapitalWAR:LET +1.46%42 Net Current Asset Value is zł0.01 as of Mar. 2026, which is 100% below its 10-year median of 15.46. GuruFocus rates WAR:LET with a GF Score™ of 42/100 and a GF Value™ of zł1.14 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 758 Real Estate companies, Letus Capital ranks worse than 91.69% 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).
Letus Capital's net current asset value per share for the quarter that ended in Mar. 2026 was zł0.01.
The historical rank and industry rank for Letus Capital's Net Current Asset Value or its related term are showing as below:
WAR:LET'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.75 Med: 15.46 Max: 109
Current: 13.9
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Letus Capital was 109.00. The lowest was 0.75. And the median was 15.46.
WAR:LET's Price-to-Net-Current-Asset-Value is ranked worse than 91.69% of 758
companies
in the Real Estate industry
Industry Median: 2.18
vs WAR:LET: 13.90
Letus Capital (WAR:LET) 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.
Letus Capital Net Current Asset Value Related Terms
Letus Capital Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Letus Capital'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.
WAR:LET vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Letus Capital'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.
Letus Capital Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Letus Capital's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Letus Capital'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 zł0.01 mean?
Letus Capital (WAR:LET) has a Net Current Asset Value of zł0.01 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 Letus Capital and its competitors. This is 100% below median its historical median of 15.46. Over the past decade, Letus Capital's Net Current Asset Value has ranged from 0.75 to 109.00. According to the industry distribution chart, Letus Capital ranks #695 out of 758 companies in the Real Estate industry, placing it in the top 91.7%.
Is Letus Capital's Net Current Asset Value too high?
Letus Capital's current Net Current Asset Value of zł0.01 is 100% below median its 10-year median of 15.46. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 109.00. Based on the distribution chart, Letus Capital ranks #695 out of 758 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Letus Capital has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Letus Capital's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Letus Capital ranks #695 out of 758 companies for Net Current Asset Value. This places Letus Capital in the lower half of its industry. The industry median Net Current Asset Value is 2.18. Historically, Letus Capital's own Net Current Asset Value has ranged from 0.75 to 109.00 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.18, based on 758 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 Letus Capital and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Letus Capital's current Net Current Asset Value is zł0.01, which is 100% below median its own 10-year median of 15.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Letus Capital stock overvalued right now?
Based on GuruFocus' analysis, Letus Capital (WAR:LET) is currently considered Possible Value Trap. The stock's GF Value™ is zł1.14, compared to a current price of zł0.14 — trading 87.8% below its estimated fair value. The current Net Current Asset Value is zł0.01, which is 100% below median its 10-year median of 15.46. Letus Capital's overall GF Score™ is 42/100 with 2 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 Letus Capital (WAR:LET), the current Net Current Asset Value is zł0.01 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 Letus Capital (WAR:LET) Overvalued in 2026?
Based on GuruFocus' analysis, Letus Capital stock appears to be undervalued.
The current stock price of zł0.14 is trading 87.8% below its estimated GF Value™ of zł1.14.
GuruFocus considers Letus Capital to be Possible Value Trap.
Key valuation signals for WAR:LET:
Net Current Asset Value: zł0.01 (100% below median its 10-year median of 15.46)
GF Value™: zł1.14 vs. price of zł0.14 (87.8% below fair value)
No single metric tells the full story. See the WAR:LET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Letus Capital SA core business is the real estate market, focusing on long-term commercial rentals and short-term rentals, including hotels and guesthouses. The company also through its subsidiaries engaged in transportation and construction services.
42GF 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.
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