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LSI SoftwareWAR:LSI +5.37%77 Net Current Asset Value is zł3.94 as of Mar. 2026, which is 100% below its 10-year median of 5.04. GuruFocus rates WAR:LSI with a GF Score™ of 77/100 and a GF Value™ of zł26.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,757 Software companies, LSI Software ranks worse than 82.47% 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).
LSI Software's net current asset value per share for the quarter that ended in Mar. 2026 was zł3.94.
The historical rank and industry rank for LSI Software's Net Current Asset Value or its related term are showing as below:
WAR:LSI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.02 Med: 5.04 Max: 18.75
Current: 15.94
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of LSI Software was 18.75. The lowest was 3.02. And the median was 5.04.
WAR:LSI's Price-to-Net-Current-Asset-Value is ranked worse than 82.47% of 1757
companies
in the Software industry
Industry Median: 4.75
vs WAR:LSI: 15.94
LSI Software (WAR:LSI) 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.
LSI Software Net Current Asset Value Related Terms
LSI Software Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for LSI Software'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:LSI vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, LSI Software'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.
LSI Software Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, LSI Software's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where LSI Software'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 zł3.94 mean?
LSI Software (WAR:LSI) has a Net Current Asset Value of zł3.94 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 LSI Software and its competitors. This is 22% below median its historical median of 5.04. Over the past decade, LSI Software's Net Current Asset Value has ranged from 3.02 to 18.75. According to the industry distribution chart, LSI Software ranks #1449 out of 1757 companies in the Software industry, placing it in the top 82.5%.
Is LSI Software's Net Current Asset Value too high?
LSI Software's current Net Current Asset Value of zł3.94 is 22% below median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 18.75. Based on the distribution chart, LSI Software ranks #1449 out of 1757 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, LSI Software has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Software's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, LSI Software ranks #1449 out of 1757 companies for Net Current Asset Value. This places LSI Software in the lower half of its industry. The industry median Net Current Asset Value is 4.75. Historically, LSI Software's own Net Current Asset Value has ranged from 3.02 to 18.75 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 Software company?
The median Net Current Asset Value among Software companies is 4.75, based on 1,757 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 LSI Software and its competitors. For the Software industry, the median Net Current Asset Value is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Software's current Net Current Asset Value is zł3.94, which is 22% below median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Software stock overvalued right now?
Based on GuruFocus' analysis, LSI Software (WAR:LSI) is currently considered Significantly Overvalued. The stock's GF Value™ is zł26.07, compared to a current price of zł62.80 — trading 140.9% above its estimated fair value. The current Net Current Asset Value is zł3.94, which is 22% below median its 10-year median of 5.04. LSI Software's overall GF Score™ is 77/100 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 LSI Software (WAR:LSI), the current Net Current Asset Value is zł3.94 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 LSI Software (WAR:LSI) Overvalued in 2026?
Based on GuruFocus' analysis, LSI Software stock appears to be overvalued.
The current stock price of zł62.80 is trading 140.9% above its estimated GF Value™ of zł26.07.
GuruFocus considers LSI Software to be Significantly Overvalued.
Key valuation signals for WAR:LSI:
Net Current Asset Value: zł3.94 (22% below median its 10-year median of 5.04)
GF Value™: zł26.07 vs. price of zł62.80 (140.9% above fair value)
No single metric tells the full story. See the WAR:LSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LSI Software SA is engaged in software development for retail and hospitality sectors as well as for cinema operators. It also involved in professional services, implementation services, maintenance, and the supplying of hardware solutions. The company products are bifurcated namely Bastion Enterprise Resource Planning (ERP), Positive Retail, Positive Hospitality and Expert computer hardware. The company derives majority of its revenues from the sale of the Software business and has operations spread across Poland. Its geographic segments include Poland and other countries.
77GF Score
Get the complete analysis for WAR:LSI
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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