Tessin Nordic Holding AB (XSAT:TESSIN) Net Current Asset Value: kr-23.24 (As of Mar. 2026)


XSAT:TESSIN Tessin Nordic Holding AB XSAT:TESSIN
17 GF Score
Price kr3.56
GF Value kr1.05
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tessin Nordic Holding AB Net Current Asset Value?

Tessin Nordic Holding AB XSAT:TESSIN -2.20% 17 Net Current Asset Value is kr-23.24 as of Mar. 2026. GuruFocus rates XSAT:TESSIN with a GF Score™ of 17/100 and a GF Value™ of kr1.05 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 757 Real Estate companies, Tessin Nordic Holding AB ranks worse than 132100.26% 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).

Tessin Nordic Holding AB's net current asset value per share for the quarter that ended in Mar. 2026 was kr-23.24.

The historical rank and industry rank for Tessin Nordic Holding AB's Net Current Asset Value or its related term are showing as below:

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tessin Nordic Holding AB was 16.91. The lowest was 16.91. And the median was 16.91.

XSAT:TESSIN's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.19
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Tessin Nordic Holding AB  (XSAT:TESSIN) 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.


Tessin Nordic Holding AB Net Current Asset Value Related Terms


Tessin Nordic Holding AB Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tessin Nordic Holding AB'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.

Tessin Nordic Holding AB Net Current Asset Value Chart

Tessin Nordic Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -0.67 -0.41 -0.24 -0.29 -20.78

Tessin Nordic Holding AB 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 -0.27 -0.32 -0.23 -20.78 -23.24

XSAT:TESSIN vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, Tessin Nordic Holding AB'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.


Tessin Nordic Holding AB Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tessin Nordic Holding AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tessin Nordic Holding AB's Price-to-Net-Current-Asset-Value falls into.


XSAT:TESSIN
17GF Score
Tessin Nordic Holding AB XSAT:TESSIN
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tessin Nordic Holding AB Net Current Asset Value Calculation

Tessin Nordic Holding AB'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)
=(134.955-220.173-12.832-0)/4.718
=-20.78

Tessin Nordic Holding AB'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)
=(125.737-221.961-13.409-0)/4.718
=-23.24

* 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 kr-23.24 mean?
Tessin Nordic Holding AB (XSAT:TESSIN) has a Net Current Asset Value of kr-23.24 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 Tessin Nordic Holding AB and its competitors. Over the past decade, Tessin Nordic Holding AB's Net Current Asset Value has ranged from 16.91 to 16.91. According to the industry distribution chart, Tessin Nordic Holding AB ranks #999999 out of 757 companies in the Real Estate industry.
Is Tessin Nordic Holding AB's Net Current Asset Value too high?
Tessin Nordic Holding AB's current Net Current Asset Value is kr-23.24. Over the past 10 years, this metric has ranged from a low of 16.91 to a high of 16.91. Based on the distribution chart, Tessin Nordic Holding AB ranks #999999 out of 757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Tessin Nordic Holding AB has a GF Score™ of 17/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tessin Nordic Holding AB's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Tessin Nordic Holding AB ranks #999999 out of 757 companies for Net Current Asset Value. This places Tessin Nordic Holding AB in the lower half of its industry. The industry median Net Current Asset Value is 2.19. Historically, Tessin Nordic Holding AB's own Net Current Asset Value has ranged from 16.91 to 16.91 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.19, based on 757 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 Tessin Nordic Holding AB and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tessin Nordic Holding AB's current Net Current Asset Value is kr-23.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tessin Nordic Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Tessin Nordic Holding AB (XSAT:TESSIN) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.05, compared to a current price of kr3.56 — trading 239% above its estimated fair value. The current Net Current Asset Value is kr-23.24. Tessin Nordic Holding AB's overall GF Score™ is 17/100 with 8 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 Tessin Nordic Holding AB (XSAT:TESSIN), the current Net Current Asset Value is kr-23.24 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 Tessin Nordic Holding AB (XSAT:TESSIN) Overvalued in 2026?

Based on GuruFocus' analysis, Tessin Nordic Holding AB stock appears to be overvalued. The current stock price of kr3.56 is trading 239% above its estimated GF Value™ of kr1.05. GuruFocus considers Tessin Nordic Holding AB to be Significantly Overvalued.

Key valuation signals for XSAT:TESSIN:

  • Net Current Asset Value: kr-23.24
  • GF Value™: kr1.05 vs. price of kr3.56 (239% above fair value)
  • GF Score™: 17/100 with 8 warning signs

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


Tessin Nordic Holding AB Business Description

Address Klara Norra Kyrkogata 29, Stockholm, SWE, 111 22
Tessin Nordic Holding AB is a Nordic investment platform for alternative financing solutions for property developers. It is a digital real-estate financing platform in Nordic countries. It generates revenues from fees for loan brokerage within Sweden and Finland.
17GF Score

Get the complete analysis for XSAT:TESSIN

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

kr3.56
Price
kr1.05
GF Value