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).
gategroup Holding AG's net current asset value per share for the quarter that ended in Dec. 2019 was CHF-20.62.
The historical rank and industry rank for gategroup Holding AG's Net Current Asset Value or its related term are showing as below:
XSWX:GATE's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.06 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
gategroup Holding AG (XSWX:GATE) 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.
gategroup Holding AG Net Current Asset Value Related Terms
gategroup Holding AG Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for gategroup Holding AG'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.
gategroup Holding AG Net Current Asset Value Chart
XSWX:GATE vs CAAP, AAWW: Net Current Asset Value Comparison
For the Airports & Air Services subindustry, gategroup Holding AG'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.
gategroup Holding AG Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, gategroup Holding AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where gategroup Holding AG'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-20.62 mean?
gategroup Holding AG (XSWX:GATE) has a Net Current Asset Value of CHF-20.62 as of Dec. 2019. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on gategroup Holding AG and its competitors.
Is gategroup Holding AG's Net Current Asset Value too high?
gategroup Holding AG's current Net Current Asset Value is CHF-20.62.
How does gategroup Holding AG's Net Current Asset Value compare to CAAP and AAWW?
gategroup Holding AG's Net Current Asset Value of CHF-20.62 can be compared against companies in the Transportation industry. The industry median Net Current Asset Value is 4.06. 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 4.06, 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 gategroup Holding AG and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. gategroup Holding AG's current Net Current Asset Value is CHF-20.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is gategroup Holding AG stock overvalued right now?
gategroup Holding AG (XSWX:GATE) has a current Net Current Asset Value of CHF-20.62. The current Net Current Asset Value is CHF-20.62. 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 gategroup Holding AG (XSWX:GATE), the current Net Current Asset Value is CHF-20.62 as of Dec. 2019. 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.
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.
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