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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).
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zaklady Przemyslu Cukierniczego Otmuchow was 170.00. The lowest was 3.51. And the median was 4.80.
WAR:OTM's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.2 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Zaklady Przemyslu Cukierniczego Otmuchow (WAR:OTM) 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.
Zaklady Przemyslu Cukierniczego Otmuchow Net Current Asset Value Related Terms
Zaklady Przemyslu Cukierniczego Otmuchow Net Current Asset Value Historical Data
* 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.
Zaklady Przemyslu Cukierniczego Otmuchow Net Current Asset Value Chart
Zaklady Przemyslu Cukierniczego Otmuchow Annual Data
WAR:OTM vs KHC, GIS: Net Current Asset Value Comparison
For the Packaged Foods subindustry, Zaklady Przemyslu Cukierniczego Otmuchow'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.
Zaklady Przemyslu Cukierniczego Otmuchow Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Zaklady Przemyslu Cukierniczego Otmuchow's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zaklady Przemyslu Cukierniczego Otmuchow'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 zł-0.19 mean?
Zaklady Przemyslu Cukierniczego Otmuchow (WAR:OTM) has a Net Current Asset Value of zł-0.19 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 Zaklady Przemyslu Cukierniczego Otmuchow and its competitors. Over the past decade, Zaklady Przemyslu Cukierniczego Otmuchow's Net Current Asset Value has ranged from 3.51 to 170.00. According to the industry distribution chart, Zaklady Przemyslu Cukierniczego Otmuchow ranks #999999 out of 1054 companies in the Consumer Packaged Goods industry.
Is Zaklady Przemyslu Cukierniczego Otmuchow's Net Current Asset Value too high?
Zaklady Przemyslu Cukierniczego Otmuchow's current Net Current Asset Value is zł-0.19. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 170.00. Based on the distribution chart, Zaklady Przemyslu Cukierniczego Otmuchow ranks #999999 out of 1054 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Zaklady Przemyslu Cukierniczego Otmuchow has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zaklady Przemyslu Cukierniczego Otmuchow's Net Current Asset Value compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Zaklady Przemyslu Cukierniczego Otmuchow ranks #999999 out of 1054 companies for Net Current Asset Value. This places Zaklady Przemyslu Cukierniczego Otmuchow in the lower half of its industry. The industry median Net Current Asset Value is 4.20. Historically, Zaklady Przemyslu Cukierniczego Otmuchow's own Net Current Asset Value has ranged from 3.51 to 170.00 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.20, based on 1,054 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 Zaklady Przemyslu Cukierniczego Otmuchow and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zaklady Przemyslu Cukierniczego Otmuchow's current Net Current Asset Value is zł-0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zaklady Przemyslu Cukierniczego Otmuchow stock overvalued right now?
Based on GuruFocus' analysis, Zaklady Przemyslu Cukierniczego Otmuchow (WAR:OTM) is currently considered Fairly Valued. The stock's GF Value™ is zł4.76, compared to a current price of zł4.58 — trading 3.8% below its estimated fair value. The current Net Current Asset Value is zł-0.19. Zaklady Przemyslu Cukierniczego Otmuchow's overall GF Score™ is 72/100 with 3 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 Zaklady Przemyslu Cukierniczego Otmuchow (WAR:OTM), the current Net Current Asset Value is zł-0.19 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 Zaklady Przemyslu Cukierniczego Otmuchow (WAR:OTM) Overvalued in 2026?
Based on GuruFocus' analysis, Zaklady Przemyslu Cukierniczego Otmuchow stock appears to be undervalued.
The current stock price of zł4.58 is trading 3.8% below its estimated GF Value™ of zł4.76.
GuruFocus considers Zaklady Przemyslu Cukierniczego Otmuchow to be Fairly Valued.
Key valuation signals for WAR:OTM:
Net Current Asset Value: zł-0.19
GF Value™: zł4.76 vs. price of zł4.58 (3.8% below fair value)
No single metric tells the full story. See the WAR:OTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zaklady Przemyslu Cukierniczego Otmuchow Business Description
Zaklady Przemyslu Cukierniczego Otmuchow SA is involved in producing and selling sweets, salty snacks, and breakfast cereal products in Poland and internationally. It offers cakes, created sugar molds, glazed gingerbread hearts and stars, lollipops, chocolate and sugar covered jellies, halvah, filled and hard caramels, and dragees, marshmallows, and other products.
72GF Score
Get the complete analysis for WAR:OTM
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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