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LW BogdankaWAR:LWB -3.39%84 Net Current Asset Value is zł8.61 as of Mar. 2026, which is 100% below its 10-year median of 3.95. GuruFocus rates WAR:LWB with a GF Score™ of 84/100 and a GF Value™ of zł18.11 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 82 Other Energy Sources companies, LW Bogdanka ranks better than 76.83% 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).
LW Bogdanka's net current asset value per share for the quarter that ended in Mar. 2026 was zł8.61.
The historical rank and industry rank for LW Bogdanka's Net Current Asset Value or its related term are showing as below:
WAR:LWB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.07 Med: 3.95 Max: 51.08
Current: 2.48
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of LW Bogdanka was 51.08. The lowest was 1.07. And the median was 3.95.
WAR:LWB's Price-to-Net-Current-Asset-Value is ranked better than 76.83% of 82
companies
in the Other Energy Sources industry
Industry Median: 5.005
vs WAR:LWB: 2.48
LW Bogdanka (WAR:LWB) 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.
LW Bogdanka Net Current Asset Value Related Terms
LW Bogdanka Net Current Asset Value Historical Data
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The historical data trend for LW Bogdanka'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.
LW Bogdanka Net Current Asset Value Competitor Comparison
For the Thermal Coal subindustry, LW Bogdanka'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.
LW Bogdanka Price-to-Net-Current-Asset-Value vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, LW Bogdanka's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where LW Bogdanka'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 zł8.61 mean?
LW Bogdanka (WAR:LWB) has a Net Current Asset Value of zł8.61 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 LW Bogdanka and its competitors. This is 118% above median its historical median of 3.95. Over the past decade, LW Bogdanka's Net Current Asset Value has ranged from 1.07 to 51.08. According to the industry distribution chart, LW Bogdanka ranks #19 out of 82 companies in the Other Energy Sources industry, placing it in the top 23.2%.
Is LW Bogdanka's Net Current Asset Value too high?
LW Bogdanka's current Net Current Asset Value of zł8.61 is 118% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 51.08. Based on the distribution chart, LW Bogdanka ranks #19 out of 82 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, LW Bogdanka has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LW Bogdanka's Net Current Asset Value compare to competitors?
According to the Other Energy Sources industry distribution chart, LW Bogdanka ranks #19 out of 82 companies for Net Current Asset Value. This places LW Bogdanka in the top 23% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.01. Historically, LW Bogdanka's own Net Current Asset Value has ranged from 1.07 to 51.08 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 Other Energy Sources company?
The median Net Current Asset Value among Other Energy Sources companies is 5.01, based on 82 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 LW Bogdanka and its competitors. For the Other Energy Sources industry, the median Net Current Asset Value is 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LW Bogdanka's current Net Current Asset Value is zł8.61, which is 118% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LW Bogdanka stock overvalued right now?
Based on GuruFocus' analysis, LW Bogdanka (WAR:LWB) is currently considered Modestly Overvalued. The stock's GF Value™ is zł18.11, compared to a current price of zł21.35 — trading 17.9% above its estimated fair value. The current Net Current Asset Value is zł8.61, which is 118% above median its 10-year median of 3.95. LW Bogdanka's overall GF Score™ is 84/100 with 4 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 LW Bogdanka (WAR:LWB), the current Net Current Asset Value is zł8.61 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 LW Bogdanka (WAR:LWB) Overvalued in 2026?
Based on GuruFocus' analysis, LW Bogdanka stock appears to be overvalued.
The current stock price of zł21.35 is trading 17.9% above its estimated GF Value™ of zł18.11.
GuruFocus considers LW Bogdanka to be Modestly Overvalued.
Key valuation signals for WAR:LWB:
Net Current Asset Value: zł8.61 (118% above median its 10-year median of 3.95)
GF Value™: zł18.11 vs. price of zł21.35 (17.9% above fair value)
No single metric tells the full story. See the WAR:LWB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LW Bogdanka SA is a Poland-based producer of hard coal. Its core business is the production and sale of coal, which is used in the generation of electric and thermal energy as well as in cement production. The company's key customers are cement plants, power stations, thermal power stations, and fertilizer producing plants, based in North-East Poland. The Bogdanka mine is located in the Central Coal District, which is situated in Lubelskie Coal Basin. The company operates one subsidiary, Leczynska Energetyka Sp. z o.o., and it holds roughly a one-fourth stake in Kolejowe Zaklady Maszyn KOLZAM SA.
84GF 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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