Prochem (WAR:PRM) Net Current Asset Value: zł-15.78 (As of Mar. 2026)


WAR:PRM Prochem SA WAR:PRM
63 GF Score
Price zł23.30
GF Value zł23.66
Valuation Fairly Valued
! 6 Warning Signs
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What is Prochem Net Current Asset Value?

Prochem WAR:PRM -2.51% 63 Net Current Asset Value is zł-15.78 as of Mar. 2026. GuruFocus rates WAR:PRM with a GF Score™ of 63/100 and a GF Value™ of zł23.66 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,058 Construction companies, Prochem ranks worse than 94517.86% 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).

Prochem's net current asset value per share for the quarter that ended in Mar. 2026 was zł-15.78.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Prochem was 15.00. The lowest was 2.05. And the median was 6.73.

WAR:PRM's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.25
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Prochem  (WAR:PRM) 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.


Prochem Net Current Asset Value Related Terms


Prochem Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Prochem'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.

Prochem Net Current Asset Value Chart

Prochem 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 -4.37 14.11 -4.55 -13.02 -16.11

Prochem 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 -12.99 -13.78 -12.80 -16.11 -15.78

WAR:PRM vs PWR, FIX, EME: Net Current Asset Value Comparison

For the Engineering & Construction subindustry, Prochem'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.


Prochem Price-to-Net-Current-Asset-Value vs Construction Industry

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

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


WAR:PRM
63GF Score
Prochem SA WAR:PRM
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Prochem Net Current Asset Value Calculation

Prochem'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)
=(63.802-94.665-1.43-0)/2.005
=-16.11

Prochem'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)
=(60.263-90.545-1.36-0)/2.005
=-15.78

* 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-15.78 mean?
Prochem (WAR:PRM) has a Net Current Asset Value of zł-15.78 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 Prochem and its competitors. Over the past decade, Prochem's Net Current Asset Value has ranged from 2.05 to 15.00. According to the industry distribution chart, Prochem ranks #999999 out of 1058 companies in the Construction industry.
Is Prochem's Net Current Asset Value too high?
Prochem's current Net Current Asset Value is zł-15.78. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 15.00. Based on the distribution chart, Prochem ranks #999999 out of 1058 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Prochem has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prochem's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Prochem ranks #999999 out of 1058 companies for Net Current Asset Value. This places Prochem in the lower half of its industry. The industry median Net Current Asset Value is 3.25. Historically, Prochem's own Net Current Asset Value has ranged from 2.05 to 15.00 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,058 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 Prochem and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prochem's current Net Current Asset Value is zł-15.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prochem stock overvalued right now?
Based on GuruFocus' analysis, Prochem (WAR:PRM) is currently considered Fairly Valued. The stock's GF Value™ is zł23.66, compared to a current price of zł23.30 — trading 1.5% below its estimated fair value. The current Net Current Asset Value is zł-15.78. Prochem's overall GF Score™ is 63/100 with 6 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 Prochem (WAR:PRM), the current Net Current Asset Value is zł-15.78 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 Prochem (WAR:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prochem stock appears to be undervalued. The current stock price of zł23.30 is trading 1.5% below its estimated GF Value™ of zł23.66. GuruFocus considers Prochem to be Fairly Valued.

Key valuation signals for WAR:PRM:

  • Net Current Asset Value: zł-15.78
  • GF Value™: zł23.66 vs. price of zł23.30 (1.5% below fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Prochem Business Description

Address Lopuszanska 95, Warszawa, POL, 02-457
Prochem SA is involved in providing engineering and general construction services in Poland, Belarus, and internationally. It offers pre-investment services, such as program-and-spatial concepts, technical recommendations; and conducts feasibility studies for new investment projects, as well as for the purpose of modernization and extension projects.
63GF Score

Get the complete analysis for WAR:PRM

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

zł23.30
Price
zł23.66
GF Value