Automatic Systems (XMAU:ASL) Net Current Asset Value: MUR-11.82 (As of Mar. 2026)


XMAU:ASL Automatic Systems Ltd XMAU:ASL
41 GF Score
Price MUR57.00
GF Value MUR50.26
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Automatic Systems Net Current Asset Value?

Automatic Systems XMAU:ASL 41 Net Current Asset Value is MUR-11.82 as of Mar. 2026. GuruFocus rates XMAU:ASL with a GF Score™ of 41/100 and a GF Value™ of MUR50.26 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 309 Travel & Leisure companies, Automatic Systems ranks worse than 323624.27% 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).

Automatic Systems's net current asset value per share for the quarter that ended in Mar. 2026 was MUR-11.82.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Automatic Systems was 526.47. The lowest was 12.97. And the median was 37.69.

XMAU:ASL's Price-to-Net-Current-Asset-Value is not ranked *
in the Travel & Leisure industry.
Industry Median: 4.13
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Automatic Systems  (XMAU:ASL) 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.


Automatic Systems Net Current Asset Value Related Terms


Automatic Systems Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Automatic Systems'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.

Automatic Systems Net Current Asset Value Chart

Automatic Systems 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 -0.47 2.60 -7.92 -4.94 -9.19

Automatic Systems 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 -4.36 -3.20 -3.90 -9.19 -11.82

XMAU:ASL vs FLUT, DKNG, SGHC: Net Current Asset Value Comparison

For the Gambling subindustry, Automatic Systems'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.


Automatic Systems Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Automatic Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XMAU:ASL
41GF Score
Automatic Systems Ltd XMAU:ASL
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Automatic Systems Net Current Asset Value Calculation

Automatic Systems'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)
=(89.307-121.782-0-0)/3.535
=-9.19

Automatic Systems'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)
=(87.2-129-0-0)/3.535
=-11.82

* 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 MUR-11.82 mean?
Automatic Systems (XMAU:ASL) has a Net Current Asset Value of MUR-11.82 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 Automatic Systems and its competitors. Over the past decade, Automatic Systems' Net Current Asset Value has ranged from 12.97 to 526.47. According to the industry distribution chart, Automatic Systems ranks #999999 out of 309 companies in the Travel & Leisure industry.
Is Automatic Systems' Net Current Asset Value too high?
Automatic Systems' current Net Current Asset Value is MUR-11.82. Over the past 10 years, this metric has ranged from a low of 12.97 to a high of 526.47. Based on the distribution chart, Automatic Systems ranks #999999 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Automatic Systems has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Automatic Systems' Net Current Asset Value compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Automatic Systems ranks #999999 out of 309 companies for Net Current Asset Value. This places Automatic Systems in the lower half of its industry. The industry median Net Current Asset Value is 4.13. Historically, Automatic Systems' own Net Current Asset Value has ranged from 12.97 to 526.47 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 4.13, based on 309 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 Automatic Systems and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automatic Systems's current Net Current Asset Value is MUR-11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automatic Systems stock overvalued right now?
Based on GuruFocus' analysis, Automatic Systems (XMAU:ASL) is currently considered Modestly Overvalued. The stock's GF Value™ is MUR50.26, compared to a current price of MUR57.00 — trading 13.4% above its estimated fair value. The current Net Current Asset Value is MUR-11.82. Automatic Systems' overall GF Score™ is 41/100 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 Automatic Systems (XMAU:ASL), the current Net Current Asset Value is MUR-11.82 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 Automatic Systems (XMAU:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Automatic Systems stock appears to be overvalued. The current stock price of MUR57.00 is trading 13.4% above its estimated GF Value™ of MUR50.26. GuruFocus considers Automatic Systems to be Modestly Overvalued.

Key valuation signals for XMAU:ASL:

  • Net Current Asset Value: MUR-11.82
  • GF Value™: MUR50.26 vs. price of MUR57.00 (13.4% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Automatic Systems Business Description

Address C/o Box Office Ltd, Palm Square, 2nd Floor, La Mivoie, Tamarin, MUS, 90906
Automatic Systems Ltd is a Mauritius-based firm. The company is engaged in the operations of a totalizator system of betting on races organized by the Mauritius Turf Club. The company also organizes fixed-odds betting on foreign football matches. It conducts its activities under the Supertote name for betting on horse racing and under the Superscore name for football betting. Its reportable segments include Totalisator, which generates maximum revenue, Fixed Odds, and all other segments.
41GF Score

Get the complete analysis for XMAU:ASL

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

MUR57.00
Price
MUR50.26
GF Value