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BytetravelXMAD:SCBYT -4.33%21 Net Current Asset Value is €0.13 as of Dec. 2025, which is 100% below its 10-year median of 40.05. GuruFocus rates XMAD:SCBYT with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 305 Travel & Leisure companies, Bytetravel ranks worse than 92.13% 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).
Bytetravel's net current asset value per share for the quarter that ended in Dec. 2025 was €0.13.
The historical rank and industry rank for Bytetravel's Net Current Asset Value or its related term are showing as below:
XMAD:SCBYT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 34 Med: 40.05 Max: 40.38
Current: 34
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bytetravel was 40.38. The lowest was 34.00. And the median was 40.05.
XMAD:SCBYT's Price-to-Net-Current-Asset-Value is ranked worse than 92.13% of 305
companies
in the Travel & Leisure industry
Industry Median: 4.07
vs XMAD:SCBYT: 34.00
Bytetravel (XMAD:SCBYT) 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.
Bytetravel Net Current Asset Value Related Terms
Bytetravel Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Bytetravel'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.
XMAD:SCBYT vs BKNG, ABNB, RCL: Net Current Asset Value Comparison
For the Travel Services subindustry, Bytetravel'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.
Bytetravel Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Bytetravel's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bytetravel'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 €0.13 mean?
Bytetravel (XMAD:SCBYT) has a Net Current Asset Value of €0.13 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 Bytetravel and its competitors. This is 100% below median its historical median of 40.05. Over the past decade, Bytetravel's Net Current Asset Value has ranged from 34.00 to 40.38. According to the industry distribution chart, Bytetravel ranks #281 out of 305 companies in the Travel & Leisure industry, placing it in the top 92.1%.
Is Bytetravel's Net Current Asset Value too high?
Bytetravel's current Net Current Asset Value of €0.13 is 100% below median its 10-year median of 40.05. Over the past 10 years, this metric has ranged from a low of 34.00 to a high of 40.38. Based on the distribution chart, Bytetravel ranks #281 out of 305 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Bytetravel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bytetravel's Net Current Asset Value compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Bytetravel ranks #281 out of 305 companies for Net Current Asset Value. This places Bytetravel in the lower half of its industry. The industry median Net Current Asset Value is 4.07. Historically, Bytetravel's own Net Current Asset Value has ranged from 34.00 to 40.38 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.07, based on 305 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 Bytetravel and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytetravel's current Net Current Asset Value is €0.13, which is 100% below median its own 10-year median of 40.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytetravel stock overvalued right now?
Bytetravel (XMAD:SCBYT) has a current Net Current Asset Value of €0.13. The current Net Current Asset Value is €0.13, which is 100% below median its 10-year median of 40.05. Bytetravel's overall GF Score™ is 21/100 with 1 warning sign 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 Bytetravel (XMAD:SCBYT), the current Net Current Asset Value is €0.13 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.
Bytetravel SA is a Spanish company, specializing in the travel tech sector and dedicated to developing ancillary services for tourists and business travelers world-wide. The company aims to provide complementary services, or ancillaries, delivering them efficiently and reliably through the extensive use of technology, automation, biometrics, and artificial intelligence. Its objective is to provide services that help clients save time on administrative tasks and contribute to reducing overall operational costs.
21GF Score
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