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Ten Square GamesWAR:TEN +1.70%84 Net Current Asset Value is zł6.71 as of Mar. 2026, which is 100% below its 10-year median of 21.22. GuruFocus rates WAR:TEN with a GF Score™ of 84/100 and a GF Value™ of zł85.57 (Fairly Valued). The stock has 5 warning signs investors should review. Among 366 Interactive Media companies, Ten Square Games ranks worse than 85.52% 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).
Ten Square Games's net current asset value per share for the quarter that ended in Mar. 2026 was zł6.71.
The historical rank and industry rank for Ten Square Games's Net Current Asset Value or its related term are showing as below:
WAR:TEN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.35 Med: 21.22 Max: 116
Current: 13.13
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Ten Square Games was 116.00. The lowest was 8.35. And the median was 21.22.
WAR:TEN's Price-to-Net-Current-Asset-Value is ranked worse than 85.52% of 366
companies
in the Interactive Media industry
Industry Median: 3.67
vs WAR:TEN: 13.13
Ten Square Games (WAR:TEN) 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.
Ten Square Games Net Current Asset Value Related Terms
Ten Square Games Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Ten Square Games'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.
WAR:TEN vs NTES, EA, TTWO: Net Current Asset Value Comparison
For the Electronic Gaming & Multimedia subindustry, Ten Square Games'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.
Ten Square Games Price-to-Net-Current-Asset-Value vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Ten Square Games's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Ten Square Games'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 zł6.71 mean?
Ten Square Games (WAR:TEN) has a Net Current Asset Value of zł6.71 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 Ten Square Games and its competitors. This is 68% below median its historical median of 21.22. Over the past decade, Ten Square Games' Net Current Asset Value has ranged from 8.35 to 116.00. According to the industry distribution chart, Ten Square Games ranks #313 out of 366 companies in the Interactive Media industry, placing it in the top 85.5%.
Is Ten Square Games' Net Current Asset Value too high?
Ten Square Games' current Net Current Asset Value of zł6.71 is 68% below median its 10-year median of 21.22. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 116.00. Based on the distribution chart, Ten Square Games ranks #313 out of 366 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ten Square Games has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ten Square Games ranks #313 out of 366 companies for Net Current Asset Value. This places Ten Square Games in the lower half of its industry. The industry median Net Current Asset Value is 3.67. Historically, Ten Square Games' own Net Current Asset Value has ranged from 8.35 to 116.00 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.67, based on 366 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 Ten Square Games and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Square Games's current Net Current Asset Value is zł6.71, which is 68% below median its own 10-year median of 21.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (WAR:TEN) is currently considered Fairly Valued. The stock's GF Value™ is zł85.57, compared to a current price of zł89.80 — trading 4.9% above its estimated fair value. The current Net Current Asset Value is zł6.71, which is 68% below median its 10-year median of 21.22. Ten Square Games' overall GF Score™ is 84/100 with 5 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 Ten Square Games (WAR:TEN), the current Net Current Asset Value is zł6.71 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 Ten Square Games (WAR:TEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued.
The current stock price of zł89.80 is trading 4.9% above its estimated GF Value™ of zł85.57.
GuruFocus considers Ten Square Games to be Fairly Valued.
Key valuation signals for WAR:TEN:
Net Current Asset Value: zł6.71 (68% below median its 10-year median of 21.22)
GF Value™: zł85.57 vs. price of zł89.80 (4.9% above fair value)
No single metric tells the full story. See the WAR:TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
84GF Score
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