Vinci (XSWX:DG) Net Current Asset Value: CHF-88.55 (As of Dec. 2025)


XSWX:DG Vinci SA XSWX:DG
91 GF Score
Price CHF114.10
GF Value CHF110.14
! 8 Warning Signs
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What is Vinci Net Current Asset Value?

Vinci XSWX:DG 91 Net Current Asset Value is CHF-88.55 as of Dec. 2025. GuruFocus rates XSWX:DG with a GF Score™ of 91/100 and a GF Value™ of CHF110.14. The stock has 8 warning signs investors should review. Among 1,058 Construction companies, Vinci ranks worse than 94517.86% 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).

Vinci's net current asset value per share for the quarter that ended in Dec. 2025 was CHF-88.55.

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

XSWX:DG's Price-to-Net-Current-Asset-Value is not ranked *
in the Construction industry.
Industry Median: 3.23
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Vinci  (XSWX:DG) 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.


Vinci Net Current Asset Value Related Terms


Vinci Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Vinci'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.

Vinci Net Current Asset Value Chart

Vinci Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.03 -77.67 -73.81 -87.34 -88.55

Vinci Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -73.81 -88.52 -87.34 -89.58 -88.55

XSWX:DG vs PWR, FIX, EME: Net Current Asset Value Comparison

For the Engineering & Construction subindustry, Vinci'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.


Vinci Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, Vinci's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Vinci's Price-to-Net-Current-Asset-Value falls into.


XSWX:DG
91GF Score
Vinci SA XSWX:DG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinci Net Current Asset Value Calculation

Vinci'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)
=(46240.729-92135.264-3336.902-0)/555.967
=-88.55

Vinci's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(46240.729-92135.264-3336.902-0)/555.967
=-88.55

* 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-88.55 mean?
Vinci (XSWX:DG) has a Net Current Asset Value of CHF-88.55 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 Vinci and its competitors. According to the industry distribution chart, Vinci ranks #999999 out of 1058 companies in the Construction industry.
Is Vinci's Net Current Asset Value too high?
Vinci's current Net Current Asset Value is CHF-88.55. Based on the distribution chart, Vinci ranks #999999 out of 1058 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Vinci has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Vinci's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Vinci ranks #999999 out of 1058 companies for Net Current Asset Value. This places Vinci in the lower half of its industry. The industry median Net Current Asset Value is 3.23. 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.23, based on 1,058 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 Vinci and its competitors. For the Construction industry, the median Net Current Asset Value is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinci's current Net Current Asset Value is CHF-88.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci stock overvalued right now?
Vinci (XSWX:DG) has a current Net Current Asset Value of CHF-88.55. The stock's GF Value™ is CHF110.14, compared to a current price of CHF114.10 — trading 3.6% above its estimated fair value. The current Net Current Asset Value is CHF-88.55. Vinci's overall GF Score™ is 91/100 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 Vinci (XSWX:DG), the current Net Current Asset Value is CHF-88.55 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 Vinci (XSWX:DG) Overvalued in 2026?

Based on GuruFocus' analysis, Vinci stock appears to be overvalued. The current stock price of CHF114.10 is trading 3.6% above its estimated GF Value™ of CHF110.14.

Key valuation signals for XSWX:DG:

  • Net Current Asset Value: CHF-88.55
  • GF Value™: CHF110.14 vs. price of CHF114.10 (3.6% above fair value)
  • GF Score™: 91/100 with 8 warning signs

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


Vinci Business Description

Address 1973, Boulevard de la Defense, Nanterre, Paris, FRA, 92000
Vinci is one of the world's largest owners of transport infrastructure. Its concession assets include 4,400 kilometers of toll roads in France and 72 airports across 14 countries, making Vinci the world's largest airport operator in terms of managed passenger numbers. The concession's business contributes less than one fifth of group revenue but the majority of operating profit. Vinci's contracting business provides a broad variety of energy and and construction services. France contributes 41% of group revenue.
91GF Score

Get the complete analysis for XSWX:DG

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

CHF114.10
Price
CHF110.14
GF Value