Axon Partners Group (XMAD:APG) Net Current Asset Value: €1.21 (As of Dec. 2025) — 92% Below Median


XMAD:APG Axon Partners Group SA XMAD:APG
86 GF Score
Price €17.50
GF Value €25.19
Valuation Possible Value Trap
! 3 Warning Signs
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What is Axon Partners Group Net Current Asset Value?

Axon Partners Group XMAD:APG +1.16% 86 Net Current Asset Value is €1.21 as of Dec. 2025, which is 100% below its 10-year median of 15.15. GuruFocus rates XMAD:APG with a GF Score™ of 86/100 and a GF Value™ of €25.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 624 Business Services companies, Axon Partners Group ranks worse than 86.22% 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).

Axon Partners Group's net current asset value per share for the quarter that ended in Dec. 2025 was €1.21.

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

XMAD:APG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.92   Med: 15.15   Max: 19.35
Current: 14.46

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Axon Partners Group was 19.35. The lowest was 10.92. And the median was 15.15.

XMAD:APG's Price-to-Net-Current-Asset-Value is ranked worse than
86.22% of 624 companies
in the Business Services industry
Industry Median: 3.755 vs XMAD:APG: 14.46

Axon Partners Group  (XMAD:APG) 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.


Axon Partners Group Net Current Asset Value Related Terms


Axon Partners Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Axon Partners 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.

Axon Partners Group Net Current Asset Value Chart

Axon Partners Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 0.06 1.63 0.92 1.05 1.21

Axon Partners Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.37 1.05 0.22 1.21

XMAD:APG vs VRSK, EFX, BAH: Net Current Asset Value Comparison

For the Consulting Services subindustry, Axon Partners 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.


Axon Partners Group Price-to-Net-Current-Asset-Value vs Business Services Industry

For the Business Services industry and Industrials sector, Axon Partners Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XMAD:APG
86GF Score
Axon Partners Group SA XMAD:APG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Axon Partners Group Net Current Asset Value Calculation

Axon Partners 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)
=(17.337-8.839-2.201-0)/5.207
=1.21

Axon Partners Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(17.337-8.839-2.201-0)/5.207
=1.21

* 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 €1.21 mean?
Axon Partners Group (XMAD:APG) has a Net Current Asset Value of €1.21 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Axon Partners Group and its competitors. This is 92% below median its historical median of 15.15. Over the past decade, Axon Partners Group's Net Current Asset Value has ranged from 10.92 to 19.35. According to the industry distribution chart, Axon Partners Group ranks #538 out of 624 companies in the Business Services industry, placing it in the top 86.2%.
Is Axon Partners Group's Net Current Asset Value too high?
Axon Partners Group's current Net Current Asset Value of €1.21 is 92% below median its 10-year median of 15.15. Over the past 10 years, this metric has ranged from a low of 10.92 to a high of 19.35. Based on the distribution chart, Axon Partners Group ranks #538 out of 624 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Axon Partners Group has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Axon Partners Group's Net Current Asset Value compare to VRSK and EFX?
According to the Business Services industry distribution chart, Axon Partners Group ranks #538 out of 624 companies for Net Current Asset Value. This places Axon Partners Group in the lower half of its industry. The industry median Net Current Asset Value is 3.76. Historically, Axon Partners Group's own Net Current Asset Value has ranged from 10.92 to 19.35 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.76, based on 624 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 Axon Partners Group and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axon Partners Group's current Net Current Asset Value is €1.21, which is 92% below median its own 10-year median of 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axon Partners Group stock overvalued right now?
Based on GuruFocus' analysis, Axon Partners Group (XMAD:APG) is currently considered Possible Value Trap. The stock's GF Value™ is €25.19, compared to a current price of €17.50 — trading 30.5% below its estimated fair value. The current Net Current Asset Value is €1.21, which is 92% below median its 10-year median of 15.15. Axon Partners Group's overall GF Score™ is 86/100 with 3 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 Axon Partners Group (XMAD:APG), the current Net Current Asset Value is €1.21 as of Dec. 2025. 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 Axon Partners Group (XMAD:APG) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Partners Group stock appears to be undervalued. The current stock price of €17.50 is trading 30.5% below its estimated GF Value™ of €25.19. GuruFocus considers Axon Partners Group to be Possible Value Trap.

Key valuation signals for XMAD:APG:

  • Net Current Asset Value: €1.21 (92% below median its 10-year median of 15.15)
  • GF Value™: €25.19 vs. price of €17.50 (30.5% below fair value)
  • GF Score™: 86/100 with 3 warning signs

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


Axon Partners Group Business Description

Address Calle Sagasta 18, 3rd Floor, Madrid, ESP, 28004
Axon Partners Group SA is an investment and consulting firm. It offers advisory services in the area of Cybersecurity, Digital Platforms, Cloud, Fog & Edge Computing, AI & Big Data, Cleantech, and Sustainability, among others. It also investment strategies consisting Direct Investment, Fund of Funds, Corporate Venture Capital, and Special Opportunities.
86GF Score

Get the complete analysis for XMAD:APG

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

€17.50
Price
€25.19
GF Value