Sunex (WAR:SNX) Net Current Asset Value: zł-4.51 (As of Mar. 2026)

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WAR:SNX Sunex SA WAR:SNX
63 GF Score
Price zł2.89
GF Value zł6.66
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Sunex Net Current Asset Value?

Sunex WAR:SNX +0.35% 63 Net Current Asset Value is zł-4.51 as of Mar. 2026. GuruFocus rates WAR:SNX with a GF Score™ of 63/100 and a GF Value™ of zł6.66 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 718 Semiconductors companies, Sunex ranks worse than 139275.63% 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).

Sunex's net current asset value per share for the quarter that ended in Mar. 2026 was zł-4.51.

The historical rank and industry rank for Sunex'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 Sunex was 154.17. The lowest was 66.47. And the median was 110.32.

WAR:SNX's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 8.15
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Sunex  (WAR:SNX) 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.


Sunex Net Current Asset Value Related Terms


Sunex Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sunex'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.

Sunex Net Current Asset Value Chart

Sunex 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 -0.60 0.34 -2.53 -3.43 -4.09

Sunex 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 -3.79 -3.78 -3.78 -4.09 -4.51

WAR:SNX vs FSLR, NXT, ENPH: Net Current Asset Value Comparison

For the Solar subindustry, Sunex'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.


Sunex Price-to-Net-Current-Asset-Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunex's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


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

Sunex'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)
=(101.667-192.801-0-0)/22.292
=-4.09

Sunex'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)
=(101.756-202.357-0-0)/22.292
=-4.51

* 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-4.51 mean?
Sunex (WAR:SNX) has a Net Current Asset Value of zł-4.51 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 Sunex and its competitors. Over the past decade, Sunex's Net Current Asset Value has ranged from 66.47 to 154.17. According to the industry distribution chart, Sunex ranks #999999 out of 718 companies in the Semiconductors industry.
Is Sunex's Net Current Asset Value too high?
Sunex's current Net Current Asset Value is zł-4.51. Over the past 10 years, this metric has ranged from a low of 66.47 to a high of 154.17. Based on the distribution chart, Sunex ranks #999999 out of 718 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Sunex has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sunex's Net Current Asset Value compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sunex ranks #999999 out of 718 companies for Net Current Asset Value. This places Sunex in the lower half of its industry. The industry median Net Current Asset Value is 8.15. Historically, Sunex's own Net Current Asset Value has ranged from 66.47 to 154.17 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 8.15, based on 718 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 Sunex and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunex's current Net Current Asset Value is zł-4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunex stock overvalued right now?
Based on GuruFocus' analysis, Sunex (WAR:SNX) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.66, compared to a current price of zł2.89 — trading 56.6% below its estimated fair value. The current Net Current Asset Value is zł-4.51. Sunex'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 Sunex (WAR:SNX), the current Net Current Asset Value is zł-4.51 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 Sunex (WAR:SNX) Overvalued in 2026?

Based on GuruFocus' analysis, Sunex stock appears to be undervalued. The current stock price of zł2.89 is trading 56.6% below its estimated GF Value™ of zł6.66. GuruFocus considers Sunex to be Possible Value Trap.

Key valuation signals for WAR:SNX:

  • Net Current Asset Value: zł-4.51
  • GF Value™: zł6.66 vs. price of zł2.89 (56.6% below fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Sunex Business Description

Other Exchanges HN6:Germany
Address Ulica Piaskowa 7, Raciborz, POL, 47-400
Sunex SA is a manufacturer of solutions based on renewable energy sources. The company offers Heat pumps, Solar panels, Thermo-siphons, Assembly systems, Connection systems, Water heater tanks, Pump stations, Heat exchange-stations, Heat carriers, Custom products and Solar controllers.
63GF Score

Get the complete analysis for WAR:SNX

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

zł2.89
Price
zł6.66
GF Value