QVC Group (WBO:QVC) Net Current Asset Value: €-701.28 (As of Mar. 2026)


WBO:QVC QVC Group Inc WBO:QVC
44 GF Score
Price €0.32
GF Value €54.11
! 6 Warning Signs
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What is QVC Group Net Current Asset Value?

QVC Group WBO:QVC 44 Net Current Asset Value is €-701.28 as of Mar. 2026. GuruFocus rates WBO:QVC with a GF Score™ of 44/100 and a GF Value™ of €54.11. The stock has 6 warning signs investors should review. Among 553 Retail - Cyclical companies, QVC Group ranks worse than 180831.65% 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).

QVC Group's net current asset value per share for the quarter that ended in Mar. 2026 was €-701.28.

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

WBO:QVC's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Cyclical industry.
Industry Median: 3.11
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

QVC Group  (WBO:QVC) 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.


QVC Group Net Current Asset Value Related Terms


QVC Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for QVC Group'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.

QVC Group Net Current Asset Value Chart

QVC Group 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 -1,038.76 -972.24 -854.50 -828.38 -688.69

QVC Group 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 -795.12 -706.88 -694.76 -688.69 -701.28

WBO:QVC vs IPW, MI, OCG: Net Current Asset Value Comparison

For the Internet Retail subindustry, QVC Group'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.


QVC Group Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, QVC Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


WBO:QVC
44GF Score
QVC Group Inc WBO:QVC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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QVC Group Net Current Asset Value Calculation

QVC Group'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)
=(3606.442-9103.64-70.882-0)/8.085
=-688.69

QVC Group'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)
=(3242.02-8848.085-70.065-0)/8.094
=-701.28

* 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 €-701.28 mean?
QVC Group (WBO:QVC) has a Net Current Asset Value of €-701.28 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 QVC Group and its competitors. According to the industry distribution chart, QVC Group ranks #999999 out of 553 companies in the Retail - Cyclical industry.
Is QVC Group's Net Current Asset Value too high?
QVC Group's current Net Current Asset Value is €-701.28. Based on the distribution chart, QVC Group ranks #999999 out of 553 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, QVC Group has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does QVC Group's Net Current Asset Value compare to IPW and MI?
According to the Retail - Cyclical industry distribution chart, QVC Group ranks #999999 out of 553 companies for Net Current Asset Value. This places QVC Group in the lower half of its industry. The industry median Net Current Asset Value is 3.11. 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 553 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 QVC Group and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QVC Group's current Net Current Asset Value is €-701.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Group stock overvalued right now?
QVC Group (WBO:QVC) has a current Net Current Asset Value of €-701.28. The stock's GF Value™ is €54.11, compared to a current price of €0.32 — trading 99.4% below its estimated fair value. The current Net Current Asset Value is €-701.28. QVC Group's overall GF Score™ is 44/100 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 QVC Group (WBO:QVC), the current Net Current Asset Value is €-701.28 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 QVC Group (WBO:QVC) Overvalued in 2026?

Based on GuruFocus' analysis, QVC Group stock appears to be undervalued. The current stock price of €0.32 is trading 99.4% below its estimated GF Value™ of €54.11.

Key valuation signals for WBO:QVC:

  • Net Current Asset Value: €-701.28
  • GF Value™: €54.11 vs. price of €0.32 (99.4% below fair value)
  • GF Score™: 44/100 with 6 warning signs

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


QVC Group Business Description

Address 1200 Wilson Drive, West Chester, PA, USA, 19380
QVC Group Inc is a live social shopping company. The company has six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and others. QVC offers assortment of quality merchandise and classifies its products into six groups: home, apparel, beauty, accessories, electronics and jewelry. The company has three reportable segments: QxH, QVC International, and CBI. Majority of revenue is from Home products from QxH segment. The company also operates in Japan, Germany and Other foreign countries.
44GF 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.

€0.32
Price
€54.11
GF Value