Lexibook Linguistic Electronic SystemXPAR:ALLEX 80 Net Current Asset Value is €3.39 as of Mar. 2026, which is 100% below its 10-year median of 1.89. GuruFocus rates XPAR:ALLEX with a GF Score™ of 80/100 and a GF Value™ of €5.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 309 Travel & Leisure companies, Lexibook Linguistic Electronic System ranks better than 70.55% 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).
XPAR:ALLEX'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.45 Med: 1.89 Max: 5.29
Current: 2.36
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lexibook Linguistic Electronic System was 5.29. The lowest was 1.45. And the median was 1.89.
XPAR:ALLEX's Price-to-Net-Current-Asset-Value is ranked better than 70.55% of 309
companies
in the Travel & Leisure industry
Industry Median: 4.13
vs XPAR:ALLEX: 2.36
Lexibook Linguistic Electronic System (XPAR:ALLEX) 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.
Lexibook Linguistic Electronic System Net Current Asset Value Related Terms
Lexibook Linguistic Electronic System Net Current Asset Value Historical Data
* 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.
Lexibook Linguistic Electronic System Net Current Asset Value Chart
XPAR:ALLEX vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Lexibook Linguistic Electronic System'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.
Lexibook Linguistic Electronic System Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Lexibook Linguistic Electronic System's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lexibook Linguistic Electronic System'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 €3.39 mean?
Lexibook Linguistic Electronic System (XPAR:ALLEX) has a Net Current Asset Value of €3.39 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 Lexibook Linguistic Electronic System and its competitors. This is 79% above median its historical median of 1.89. Over the past decade, Lexibook Linguistic Electronic System's Net Current Asset Value has ranged from 1.45 to 5.29. According to the industry distribution chart, Lexibook Linguistic Electronic System ranks #91 out of 309 companies in the Travel & Leisure industry, placing it in the top 29.4%.
Is Lexibook Linguistic Electronic System's Net Current Asset Value too high?
Lexibook Linguistic Electronic System's current Net Current Asset Value of €3.39 is 79% above median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 5.29. Based on the distribution chart, Lexibook Linguistic Electronic System ranks #91 out of 309 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Lexibook Linguistic Electronic System has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lexibook Linguistic Electronic System's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Lexibook Linguistic Electronic System ranks #91 out of 309 companies for Net Current Asset Value. This puts Lexibook Linguistic Electronic System in the upper half of its industry. The industry median Net Current Asset Value is 4.13. Historically, Lexibook Linguistic Electronic System's own Net Current Asset Value has ranged from 1.45 to 5.29 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 Lexibook Linguistic Electronic System 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. Lexibook Linguistic Electronic System's current Net Current Asset Value is €3.39, which is 79% above median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lexibook Linguistic Electronic System stock overvalued right now?
Based on GuruFocus' analysis, Lexibook Linguistic Electronic System (XPAR:ALLEX) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.10, compared to a current price of €8.00 — trading 56.9% above its estimated fair value. The current Net Current Asset Value is €3.39, which is 79% above median its 10-year median of 1.89. Lexibook Linguistic Electronic System's overall GF Score™ is 80/100 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 Lexibook Linguistic Electronic System (XPAR:ALLEX), the current Net Current Asset Value is €3.39 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 Lexibook Linguistic Electronic System (XPAR:ALLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Lexibook Linguistic Electronic System stock appears to be overvalued.
The current stock price of €8.00 is trading 56.9% above its estimated GF Value™ of €5.10.
GuruFocus considers Lexibook Linguistic Electronic System to be Significantly Overvalued.
Key valuation signals for XPAR:ALLEX:
Net Current Asset Value: €3.39 (79% above median its 10-year median of 1.89)
GF Value™: €5.10 vs. price of €8.00 (56.9% above fair value)
No single metric tells the full story. See the XPAR:ALLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lexibook Linguistic Electronic System Business Description
Lexibook Linguistic Electronic System SA is a France-based company engaged in producing and selling leisure electronic products and toys. It sells its products under its name and through licenses. The company's products include educational tablets, toys, laptops, alarm clocks, calculators, educational games, interactive games, audio and visual products, translators, and other products. It sells the products in France and also exports internationally. The group sells Electronics, Toys, and Other products, of which the majority of the revenue is generated from the sale of electronic products.
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