Starward Industries (WAR:STA) Net Current Asset Value: zł3.50 (As of Mar. 2026) — 72% Below Median


WAR:STA Starward Industries SA WAR:STA
32 GF Score
Price zł8.16
! 4 Warning Signs
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What is Starward Industries Net Current Asset Value?

Starward Industries WAR:STA 32 Net Current Asset Value is zł3.50 as of Mar. 2026, which is 100% below its 10-year median of 12.40. GuruFocus rates WAR:STA with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 367 Interactive Media companies, Starward Industries ranks better than 65.67% 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).

Starward Industries's net current asset value per share for the quarter that ended in Mar. 2026 was zł3.50.

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

WAR:STA' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.65   Med: 12.4   Max: 34.93
Current: 2.33

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Starward Industries was 34.93. The lowest was 1.65. And the median was 12.40.

WAR:STA's Price-to-Net-Current-Asset-Value is ranked better than
65.67% of 367 companies
in the Interactive Media industry
Industry Median: 3.74 vs WAR:STA: 2.33

Starward Industries  (WAR:STA) 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.


Starward Industries Net Current Asset Value Related Terms


Starward Industries Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Starward Industries'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.

Starward Industries Net Current Asset Value Chart

Starward Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial 3.47 3.77 5.63 4.27 3.85

Starward Industries 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 3.66 3.46 3.95 3.63 3.50

WAR:STA vs NTES, EA, TTWO: Net Current Asset Value Comparison

For the Electronic Gaming & Multimedia subindustry, Starward Industries'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.


Starward Industries Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Starward Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


WAR:STA
32GF Score
Starward Industries SA WAR:STA
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Starward Industries Net Current Asset Value Calculation

Starward Industries's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.097-1.577-0-0)/1.951
=3.85

Starward Industries'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)
=(8.749-1.413-0-0)/2.098
=3.50

* 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 zł3.50 mean?
Starward Industries (WAR:STA) has a Net Current Asset Value of zł3.50 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 Starward Industries and its competitors. This is 72% below median its historical median of 12.40. Over the past decade, Starward Industries' Net Current Asset Value has ranged from 1.65 to 34.93. According to the industry distribution chart, Starward Industries ranks #126 out of 367 companies in the Interactive Media industry, placing it in the top 34.3%.
Is Starward Industries' Net Current Asset Value too high?
Starward Industries' current Net Current Asset Value of zł3.50 is 72% below median its 10-year median of 12.40. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 34.93. Based on the distribution chart, Starward Industries ranks #126 out of 367 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Starward Industries has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Starward Industries' Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Starward Industries ranks #126 out of 367 companies for Net Current Asset Value. This puts Starward Industries in the upper half of its industry. The industry median Net Current Asset Value is 3.74. Historically, Starward Industries' own Net Current Asset Value has ranged from 1.65 to 34.93 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 Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.74, based on 367 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 Starward Industries and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starward Industries's current Net Current Asset Value is zł3.50, which is 72% below median its own 10-year median of 12.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starward Industries stock overvalued right now?
Starward Industries (WAR:STA) has a current Net Current Asset Value of zł3.50. The current Net Current Asset Value is zł3.50, which is 72% below median its 10-year median of 12.40. Starward Industries' overall GF Score™ is 32/100 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 Starward Industries (WAR:STA), the current Net Current Asset Value is zł3.50 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.

Starward Industries Business Description

Address Przemyslowa 12, Krakow, POL, 30-701
Starward Industries SA is an independent game developer. It operates in game industry intended for personal computers and game consoles.
32GF 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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