GameStop (XSWX:GME) Net Current Asset Value: CHF9.72 (As of Apr. 2026) — 24% Above Median


XSWX:GME GameStop Corp XSWX:GME
56 GF Score
Price CHF17.26
GF Value CHF10.19
! 6 Warning Signs
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What is GameStop Net Current Asset Value?

GameStop XSWX:GME +0.52% 56 Net Current Asset Value is CHF9.72 as of Apr. 2026, which is 100% below its 10-year median of 7.87. GuruFocus rates XSWX:GME with a GF Score™ of 56/100 and a GF Value™ of CHF10.19. The stock has 6 warning signs investors should review. Among 554 Retail - Cyclical companies, GameStop ranks better than 71.3% 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).

GameStop's net current asset value per share for the quarter that ended in Apr. 2026 was CHF9.72.

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

XSWX:GME' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.76   Med: 7.87   Max: 18.38
Current: 1.76

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of GameStop was 18.38. The lowest was 1.76. And the median was 7.87.

XSWX:GME's Price-to-Net-Current-Asset-Value is ranked better than
71.3% of 554 companies
in the Retail - Cyclical industry
Industry Median: 3.025 vs XSWX:GME: 1.76

GameStop  (XSWX:GME) 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.


GameStop Net Current Asset Value Related Terms


GameStop Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for GameStop'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.

GameStop Net Current Asset Value Chart

GameStop Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.62 1.70 8.98 8.92

GameStop Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 8.56 7.63 7.91 8.92 9.72

XSWX:GME vs MUSA, FIVE, BBWI: Net Current Asset Value Comparison

For the Specialty Retail subindustry, GameStop'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.


GameStop Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XSWX:GME
56GF Score
GameStop Corp XSWX:GME
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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GameStop Net Current Asset Value Calculation

GameStop's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2026 is calculated as

Net Current Asset Value Per Share(A: Jan. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(7903.157-3902.794-0-0)/448.300
=8.92

GameStop's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8402.511-4042.121-0-0)/448.700
=9.72

* 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 CHF9.72 mean?
GameStop (XSWX:GME) has a Net Current Asset Value of CHF9.72 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on GameStop and its competitors. This is 24% above median its historical median of 7.87. Over the past decade, GameStop's Net Current Asset Value has ranged from 1.76 to 18.38. According to the industry distribution chart, GameStop ranks #159 out of 554 companies in the Retail - Cyclical industry, placing it in the top 28.7%.
Is GameStop's Net Current Asset Value too high?
GameStop's current Net Current Asset Value of CHF9.72 is 24% above median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 18.38. Based on the distribution chart, GameStop ranks #159 out of 554 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, GameStop has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does GameStop's Net Current Asset Value compare to MUSA and FIVE?
According to the Retail - Cyclical industry distribution chart, GameStop ranks #159 out of 554 companies for Net Current Asset Value. This puts GameStop in the upper half of its industry. The industry median Net Current Asset Value is 3.03. Historically, GameStop's own Net Current Asset Value has ranged from 1.76 to 18.38 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.03, based on 554 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 GameStop and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameStop's current Net Current Asset Value is CHF9.72, which is 24% above median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameStop stock overvalued right now?
GameStop (XSWX:GME) has a current Net Current Asset Value of CHF9.72. The stock's GF Value™ is CHF10.19, compared to a current price of CHF17.26 — trading 69.4% above its estimated fair value. The current Net Current Asset Value is CHF9.72, which is 24% above median its 10-year median of 7.87. GameStop's overall GF Score™ is 56/100 with 6 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 GameStop (XSWX:GME), the current Net Current Asset Value is CHF9.72 as of Apr. 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 GameStop (XSWX:GME) Overvalued in 2026?

Based on GuruFocus' analysis, GameStop stock appears to be overvalued. The current stock price of CHF17.26 is trading 69.4% above its estimated GF Value™ of CHF10.19.

Key valuation signals for XSWX:GME:

  • Net Current Asset Value: CHF9.72 (24% above median its 10-year median of 7.87)
  • GF Value™: CHF10.19 vs. price of CHF17.26 (69.4% above fair value)
  • GF Score™: 56/100 with 6 warning signs

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


GameStop Business Description

Address 625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp offers games, collectibles, and entertainment products through its stores and ecommerce platforms. Its products include Hardware and accessories offering new and pre-owned gaming platforms from the console manufacturers, Software offering new and pre-owned gaming software for current and certain prior generation consoles and sell a wide range of in-game digital currency, digital downloadable content and full-game downloads, and Collectibles consist of apparel, toys, trading cards, gadgets and other retail products for pop culture and technology enthusiasts and collectibles related services, such as submission services for the authentication and grading of trading cards. The company operates its business in three geographic segments: the United States, Australia, and Europe.
56GF Score

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

CHF17.26
Price
CHF10.19
GF Value