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).
Borussia Dortmund GmbH KGaA's net current asset value per share for the quarter that ended in Mar. 2026 was CHF-1.31.
The historical rank and industry rank for Borussia Dortmund GmbH KGaA'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 Borussia Dortmund GmbH KGaA was 56.08. The lowest was 56.08. And the median was 56.08.
XSWX:BVB's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 2.875 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Borussia Dortmund GmbH KGaA (XSWX:BVB) 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.
Borussia Dortmund GmbH KGaA Net Current Asset Value Related Terms
Borussia Dortmund GmbH KGaA 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.
Borussia Dortmund GmbH KGaA Net Current Asset Value Chart
XSWX:BVB vs NFLX, DIS, WBD: Net Current Asset Value Comparison
For the Entertainment subindustry, Borussia Dortmund GmbH KGaA'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.
Borussia Dortmund GmbH KGaA Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Borussia Dortmund GmbH KGaA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Borussia Dortmund GmbH KGaA'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 CHF-1.31 mean?
Borussia Dortmund GmbH KGaA (XSWX:BVB) has a Net Current Asset Value of CHF-1.31 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 Borussia Dortmund GmbH KGaA and its competitors. Over the past decade, Borussia Dortmund GmbH KGaA's Net Current Asset Value has ranged from 56.08 to 56.08. According to the industry distribution chart, Borussia Dortmund GmbH KGaA ranks #999999 out of 542 companies in the Media - Diversified industry.
Is Borussia Dortmund GmbH KGaA's Net Current Asset Value too high?
Borussia Dortmund GmbH KGaA's current Net Current Asset Value is CHF-1.31. Over the past 10 years, this metric has ranged from a low of 56.08 to a high of 56.08. Based on the distribution chart, Borussia Dortmund GmbH KGaA ranks #999999 out of 542 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Borussia Dortmund GmbH KGaA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Borussia Dortmund GmbH KGaA's Net Current Asset Value compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Borussia Dortmund GmbH KGaA ranks #999999 out of 542 companies for Net Current Asset Value. This places Borussia Dortmund GmbH KGaA in the lower half of its industry. The industry median Net Current Asset Value is 2.88. Historically, Borussia Dortmund GmbH KGaA's own Net Current Asset Value has ranged from 56.08 to 56.08 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.88, based on 542 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 Borussia Dortmund GmbH KGaA and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borussia Dortmund GmbH KGaA's current Net Current Asset Value is CHF-1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borussia Dortmund GmbH KGaA stock overvalued right now?
Borussia Dortmund GmbH KGaA (XSWX:BVB) has a current Net Current Asset Value of CHF-1.31. The stock's GF Value™ is CHF3.29, compared to a current price of CHF2.83 — trading 14.1% below its estimated fair value. The current Net Current Asset Value is CHF-1.31. Borussia Dortmund GmbH KGaA's overall GF Score™ is 69/100 with 5 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 Borussia Dortmund GmbH KGaA (XSWX:BVB), the current Net Current Asset Value is CHF-1.31 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 Borussia Dortmund GmbH KGaA (XSWX:BVB) Overvalued in 2026?
Based on GuruFocus' analysis, Borussia Dortmund GmbH KGaA stock appears to be undervalued.
The current stock price of CHF2.83 is trading 14.1% below its estimated GF Value™ of CHF3.29.
Key valuation signals for XSWX:BVB:
Net Current Asset Value: CHF-1.31
GF Value™: CHF3.29 vs. price of CHF2.83 (14.1% below fair value)
No single metric tells the full story. See the XSWX:BVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borussia Dortmund GmbH & Co KGaA operates a football club. The company conducts its business through the following segments: Borussia Dortmund GmbH & Co. KGaA operates a football club that includes a professional football squad and leverages revenue potential from player transfers, catering, TV marketing, sponsorship, and ticketing. The BVB Merchandising segment consists of a separate merchandising business. The BVB Event and Catering GmbH segment conducts tours, provides and arranges event staffing services, plans and organizes, caters, and manages events of all types. The Besttravel Dortmund GmbH segment arranges travel by air, rail, and ship. The company earns the majority of its revenues from the Borussia Dortmund GmbH & Co. KGaA segment.
69GF Score
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