Chemins de Fer DepartementauxXPAR:MLCFD 17 Net Current Asset Value is €187.93 as of Dec. 2025, which is 100% below its 10-year median of 4.71. GuruFocus rates XPAR:MLCFD with a GF Score™ of 17/100 and a GF Value™ of €766.32. The stock has 4 warning signs investors should review. Among 359 Transportation companies, Chemins de Fer Departementaux ranks worse than 59.89% 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).
Chemins de Fer Departementaux's net current asset value per share for the quarter that ended in Dec. 2025 was €187.93.
The historical rank and industry rank for Chemins de Fer Departementaux's Net Current Asset Value or its related term are showing as below:
XPAR:MLCFD'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.42 Med: 4.71 Max: 6.26
Current: 5.75
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chemins de Fer Departementaux was 6.26. The lowest was 2.42. And the median was 4.71.
XPAR:MLCFD's Price-to-Net-Current-Asset-Value is ranked worse than 59.89% of 359
companies
in the Transportation industry
Industry Median: 3.96
vs XPAR:MLCFD: 5.75
Chemins de Fer Departementaux (XPAR:MLCFD) 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.
Chemins de Fer Departementaux Net Current Asset Value Related Terms
Chemins de Fer Departementaux 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.
Chemins de Fer Departementaux Net Current Asset Value Chart
XPAR:MLCFD vs UNP, CSX, NSC: Net Current Asset Value Comparison
For the Railroads subindustry, Chemins de Fer Departementaux'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.
Chemins de Fer Departementaux Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Chemins de Fer Departementaux's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chemins de Fer Departementaux'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 €187.93 mean?
Chemins de Fer Departementaux (XPAR:MLCFD) has a Net Current Asset Value of €187.93 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 Chemins de Fer Departementaux and its competitors. This is 3890% above median its historical median of 4.71. Over the past decade, Chemins de Fer Departementaux's Net Current Asset Value has ranged from 2.42 to 6.26. According to the industry distribution chart, Chemins de Fer Departementaux ranks #215 out of 359 companies in the Transportation industry, placing it in the top 59.9%.
Is Chemins de Fer Departementaux's Net Current Asset Value too high?
Chemins de Fer Departementaux's current Net Current Asset Value of €187.93 is 3890% above median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 6.26. Based on the distribution chart, Chemins de Fer Departementaux ranks #215 out of 359 companies in the Transportation industry, which is below the industry midpoint. Overall, Chemins de Fer Departementaux has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chemins de Fer Departementaux's Net Current Asset Value compare to UNP and CSX?
According to the Transportation industry distribution chart, Chemins de Fer Departementaux ranks #215 out of 359 companies for Net Current Asset Value. This places Chemins de Fer Departementaux in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Historically, Chemins de Fer Departementaux's own Net Current Asset Value has ranged from 2.42 to 6.26 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 3.96, based on 359 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 Chemins de Fer Departementaux and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemins de Fer Departementaux's current Net Current Asset Value is €187.93, which is 3890% above median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemins de Fer Departementaux stock overvalued right now?
Chemins de Fer Departementaux (XPAR:MLCFD) has a current Net Current Asset Value of €187.93. The stock's GF Value™ is €766.32, compared to a current price of €1,080.00 — trading 40.9% above its estimated fair value. The current Net Current Asset Value is €187.93, which is 3890% above median its 10-year median of 4.71. Chemins de Fer Departementaux's overall GF Score™ is 17/100 with 4 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 Chemins de Fer Departementaux (XPAR:MLCFD), the current Net Current Asset Value is €187.93 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 Chemins de Fer Departementaux (XPAR:MLCFD) Overvalued in 2026?
Based on GuruFocus' analysis, Chemins de Fer Departementaux stock appears to be overvalued.
The current stock price of €1,080.00 is trading 40.9% above its estimated GF Value™ of €766.32.
Key valuation signals for XPAR:MLCFD:
Net Current Asset Value: €187.93 (3890% above median its 10-year median of 4.71)
GF Value™: €766.32 vs. price of €1,080.00 (40.9% above fair value)
No single metric tells the full story. See the XPAR:MLCFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemins de Fer Departementaux Business Description
Chemins de Fer Departementaux designs, constructs and installs railroad materials and equipment. The company's products includes locomotives, maneuvering and line locomotives, rail-road engines, rail cars, passenger cars, funiculars and electric rail car branches.
17GF Score
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