Adyen NVXSWX:ADYEN 89 Net Current Asset Value is CHF139.61 as of Dec. 2025, which is 100% below its 10-year median of 29.37. GuruFocus rates XSWX:ADYEN with a GF Score™ of 89/100 and a GF Value™ of CHF1,606.80. The stock has 1 warning sign investors should review. Among 1,754 Software companies, Adyen NV ranks worse than 54.45% 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).
Adyen NV's net current asset value per share for the quarter that ended in Dec. 2025 was CHF139.61.
The historical rank and industry rank for Adyen NV's Net Current Asset Value or its related term are showing as below:
XSWX:ADYEN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.51 Med: 29.37 Max: 72.57
Current: 5.51
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Adyen NV was 72.57. The lowest was 5.51. And the median was 29.37.
XSWX:ADYEN's Price-to-Net-Current-Asset-Value is ranked worse than 54.45% of 1754
companies
in the Software industry
Industry Median: 4.81
vs XSWX:ADYEN: 5.51
Adyen NV (XSWX:ADYEN) 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.
Adyen NV Net Current Asset Value Related Terms
Adyen NV Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Adyen NV'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.
XSWX:ADYEN vs MSFT, ORCL, PLTR: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, Adyen NV'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.
Adyen NV Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Adyen NV's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Adyen NV'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 CHF139.61 mean?
Adyen NV (XSWX:ADYEN) has a Net Current Asset Value of CHF139.61 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 Adyen NV and its competitors. This is 375% above median its historical median of 29.37. Over the past decade, Adyen NV's Net Current Asset Value has ranged from 5.51 to 72.57. According to the industry distribution chart, Adyen NV ranks #955 out of 1754 companies in the Software industry, placing it in the top 54.4%.
Is Adyen NV's Net Current Asset Value too high?
Adyen NV's current Net Current Asset Value of CHF139.61 is 375% above median its 10-year median of 29.37. Over the past 10 years, this metric has ranged from a low of 5.51 to a high of 72.57. Based on the distribution chart, Adyen NV ranks #955 out of 1754 companies in the Software industry, which is below the industry midpoint. Overall, Adyen NV has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Adyen NV's Net Current Asset Value compare to MSFT and ORCL?
According to the Software industry distribution chart, Adyen NV ranks #955 out of 1754 companies for Net Current Asset Value. This places Adyen NV in the lower half of its industry. The industry median Net Current Asset Value is 4.81. Historically, Adyen NV's own Net Current Asset Value has ranged from 5.51 to 72.57 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 Software company?
The median Net Current Asset Value among Software companies is 4.81, based on 1,754 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 Adyen NV and its competitors. For the Software industry, the median Net Current Asset Value is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adyen NV's current Net Current Asset Value is CHF139.61, which is 375% above median its own 10-year median of 29.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adyen NV stock overvalued right now?
Adyen NV (XSWX:ADYEN) has a current Net Current Asset Value of CHF139.61. The stock's GF Value™ is CHF1,606.80, compared to a current price of CHF815.90 — trading 49.2% below its estimated fair value. The current Net Current Asset Value is CHF139.61, which is 375% above median its 10-year median of 29.37. Adyen NV's overall GF Score™ is 89/100 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 Adyen NV (XSWX:ADYEN), the current Net Current Asset Value is CHF139.61 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 Adyen NV (XSWX:ADYEN) Overvalued in 2026?
Based on GuruFocus' analysis, Adyen NV stock appears to be undervalued.
The current stock price of CHF815.90 is trading 49.2% below its estimated GF Value™ of CHF1,606.80.
Key valuation signals for XSWX:ADYEN:
Net Current Asset Value: CHF139.61 (375% above median its 10-year median of 29.37)
GF Value™: CHF1,606.80 vs. price of CHF815.90 (49.2% below fair value)
No single metric tells the full story. See the XSWX:ADYEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adyen is a payment company that provides merchants with a single platform to accept e-commerce, mobile, and point-of-sale payments in multiple countries using various payment schemes and methodologies. Adyen started out providing only gateway and payment processing services to merchants but soon expanded into merchant acquiring services as well. Adyen obtained a banking license to improve settlement of merchant accounts.
89GF Score
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