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).
Stroeer SE KGaA's net current asset value per share for the quarter that ended in Mar. 2026 was CHF-30.82.
The historical rank and industry rank for Stroeer SE KGaA's Net Current Asset Value or its related term are showing as below:
XSWX:SAX's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 2.93 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Stroeer SE KGaA (XSWX:SAX) 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.
Stroeer SE KGaA Net Current Asset Value Related Terms
Stroeer SE KGaA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Stroeer SE KGaA'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:SAX vs APP, OMC, TTD: Net Current Asset Value Comparison
For the Advertising Agencies subindustry, Stroeer SE 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.
Stroeer SE KGaA Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Stroeer SE KGaA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Stroeer SE 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-30.82 mean?
Stroeer SE KGaA (XSWX:SAX) has a Net Current Asset Value of CHF-30.82 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 Stroeer SE KGaA and its competitors. According to the industry distribution chart, Stroeer SE KGaA ranks #999999 out of 547 companies in the Media - Diversified industry.
Is Stroeer SE KGaA's Net Current Asset Value too high?
Stroeer SE KGaA's current Net Current Asset Value is CHF-30.82. Based on the distribution chart, Stroeer SE KGaA ranks #999999 out of 547 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Stroeer SE KGaA has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Stroeer SE KGaA's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Stroeer SE KGaA ranks #999999 out of 547 companies for Net Current Asset Value. This places Stroeer SE KGaA in the lower half of its industry. The industry median Net Current Asset Value is 2.93. 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 2.93, based on 547 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 Stroeer SE KGaA and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stroeer SE KGaA's current Net Current Asset Value is CHF-30.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stroeer SE KGaA stock overvalued right now?
Stroeer SE KGaA (XSWX:SAX) has a current Net Current Asset Value of CHF-30.82. The stock's GF Value™ is CHF50.35, compared to a current price of CHF32.24 — trading 36% below its estimated fair value. The current Net Current Asset Value is CHF-30.82. Stroeer SE KGaA's overall GF Score™ is 78/100 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 Stroeer SE KGaA (XSWX:SAX), the current Net Current Asset Value is CHF-30.82 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 Stroeer SE KGaA (XSWX:SAX) Overvalued in 2026?
Based on GuruFocus' analysis, Stroeer SE KGaA stock appears to be undervalued.
The current stock price of CHF32.24 is trading 36% below its estimated GF Value™ of CHF50.35.
Key valuation signals for XSWX:SAX:
Net Current Asset Value: CHF-30.82
GF Value™: CHF50.35 vs. price of CHF32.24 (36% below fair value)
No single metric tells the full story. See the XSWX:SAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. It operates in three main business segments, Out of Home (OOH) Media which generates key revenue, Digital & Dialog Media, and DaaS & E-commerce. The OOH Media segment encompasses the Group's entire OOH advertising business, comprising the Classic OOH, Digital OOH, and OOH services product groups. Digital & Dialog Media segment provides solutions for online advertising in the context of proprietary and third-party content. The scalable products marketed on this basis range from branding and storytelling to performance, native advertising, and social media. Geographically, it generates the majority of its revenue from Germany.
78GF Score
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