Telesto (WAR:TLO) Net Current Asset Value: zł1.54 (As of Mar. 2026) — 94% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:TLO Telesto SA WAR:TLO
65 GF Score
Price zł13.40
GF Value zł27.71
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Telesto Net Current Asset Value?

Telesto WAR:TLO 65 Net Current Asset Value is zł1.54 as of Mar. 2026, which is 100% below its 10-year median of 26.77. GuruFocus rates WAR:TLO with a GF Score™ of 65/100 and a GF Value™ of zł27.71 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 96 Waste Management companies, Telesto ranks worse than 69.79% 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).

Telesto's net current asset value per share for the quarter that ended in Mar. 2026 was zł1.54.

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

WAR:TLO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.7   Med: 26.77   Max: 347.37
Current: 8.7

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Telesto was 347.37. The lowest was 8.70. And the median was 26.77.

WAR:TLO's Price-to-Net-Current-Asset-Value is ranked worse than
69.79% of 96 companies
in the Waste Management industry
Industry Median: 4.59 vs WAR:TLO: 8.70

Telesto  (WAR:TLO) 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.


Telesto Net Current Asset Value Related Terms


Telesto Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Telesto'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.

Telesto Net Current Asset Value Chart

Telesto 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 0.76 0.81 1.06 1.49 1.79

Telesto 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 1.40 1.34 1.31 1.79 1.54

WAR:TLO vs WM, RSG, WCN: Net Current Asset Value Comparison

For the Waste Management subindustry, Telesto'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.


Telesto Price-to-Net-Current-Asset-Value vs Waste Management Industry

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

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


WAR:TLO
65GF Score
Telesto SA WAR:TLO
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telesto Net Current Asset Value Calculation

Telesto'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)
=(6.269-3.328-0-0)/1.640
=1.79

Telesto'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)
=(4.788-2.269-0-0)/1.640
=1.54

* 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 zł1.54 mean?
Telesto (WAR:TLO) has a Net Current Asset Value of zł1.54 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 Telesto and its competitors. This is 94% below median its historical median of 26.77. Over the past decade, Telesto's Net Current Asset Value has ranged from 8.70 to 347.37. According to the industry distribution chart, Telesto ranks #67 out of 96 companies in the Waste Management industry, placing it in the top 69.8%.
Is Telesto's Net Current Asset Value too high?
Telesto's current Net Current Asset Value of zł1.54 is 94% below median its 10-year median of 26.77. Over the past 10 years, this metric has ranged from a low of 8.70 to a high of 347.37. Based on the distribution chart, Telesto ranks #67 out of 96 companies in the Waste Management industry, which is below the industry midpoint. Overall, Telesto has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Telesto's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Telesto ranks #67 out of 96 companies for Net Current Asset Value. This places Telesto in the lower half of its industry. The industry median Net Current Asset Value is 4.59. Historically, Telesto's own Net Current Asset Value has ranged from 8.70 to 347.37 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.59, based on 96 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 Telesto and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telesto's current Net Current Asset Value is zł1.54, which is 94% below median its own 10-year median of 26.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telesto stock overvalued right now?
Based on GuruFocus' analysis, Telesto (WAR:TLO) is currently considered Possible Value Trap. The stock's GF Value™ is zł27.71, compared to a current price of zł13.40 — trading 51.6% below its estimated fair value. The current Net Current Asset Value is zł1.54, which is 94% below median its 10-year median of 26.77. Telesto's overall GF Score™ is 65/100 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 Telesto (WAR:TLO), the current Net Current Asset Value is zł1.54 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 Telesto (WAR:TLO) Overvalued in 2026?

Based on GuruFocus' analysis, Telesto stock appears to be undervalued. The current stock price of zł13.40 is trading 51.6% below its estimated GF Value™ of zł27.71. GuruFocus considers Telesto to be Possible Value Trap.

Key valuation signals for WAR:TLO:

  • Net Current Asset Value: zł1.54 (94% below median its 10-year median of 26.77)
  • GF Value™: zł27.71 vs. price of zł13.40 (51.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Telesto Business Description

Address Ulica Ludwinowska 17, Warsaw, POL, 02-856
Telesto SA is engaged in reducing dust using water mist technology for energy, mining and stone processing industries.
65GF Score

Get the complete analysis for WAR:TLO

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

zł13.40
Price
zł27.71
GF Value