Zoom CommunicationsXSWX:ZM +6.28%85 Net Current Asset Value is CHF17.13 as of Apr. 2026, which is 100% below its 10-year median of 6.01. GuruFocus rates XSWX:ZM with a GF Score™ of 85/100 and a GF Value™ of CHF67.36. The stock has 3 warning signs investors should review. Among 1,755 Software companies, Zoom Communications ranks better than 56.47% 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).
Zoom Communications's net current asset value per share for the quarter that ended in Apr. 2026 was CHF17.13.
The historical rank and industry rank for Zoom Communications's Net Current Asset Value or its related term are showing as below:
XSWX:ZM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.9 Med: 6.01 Max: 122.58
Current: 4.01
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zoom Communications was 122.58. The lowest was 2.90. And the median was 6.01.
XSWX:ZM's Price-to-Net-Current-Asset-Value is ranked better than 56.47% of 1755
companies
in the Software industry
Industry Median: 4.83
vs XSWX:ZM: 4.01
Zoom Communications (XSWX:ZM) 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.
Zoom Communications Net Current Asset Value Related Terms
Zoom Communications Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Zoom Communications'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:ZM vs FICO, MSTR, WDAY: Net Current Asset Value Comparison
For the Software - Application subindustry, Zoom Communications'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.
Zoom Communications Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Zoom Communications's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zoom Communications'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 CHF17.13 mean?
Zoom Communications (XSWX:ZM) has a Net Current Asset Value of CHF17.13 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 Zoom Communications and its competitors. This is 185% above median its historical median of 6.01. Over the past decade, Zoom Communications' Net Current Asset Value has ranged from 2.90 to 122.58. According to the industry distribution chart, Zoom Communications ranks #764 out of 1755 companies in the Software industry, placing it in the top 43.5%.
Is Zoom Communications' Net Current Asset Value too high?
Zoom Communications' current Net Current Asset Value of CHF17.13 is 185% above median its 10-year median of 6.01. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 122.58. Based on the distribution chart, Zoom Communications ranks #764 out of 1755 companies in the Software industry, which is above the industry midpoint. Overall, Zoom Communications has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Zoom Communications' Net Current Asset Value compare to FICO and MSTR?
According to the Software industry distribution chart, Zoom Communications ranks #764 out of 1755 companies for Net Current Asset Value. This puts Zoom Communications in the upper half of its industry. The industry median Net Current Asset Value is 4.83. Historically, Zoom Communications' own Net Current Asset Value has ranged from 2.90 to 122.58 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 Software company?
The median Net Current Asset Value among Software companies is 4.83, based on 1,755 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 Zoom Communications and its competitors. For the Software industry, the median Net Current Asset Value is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoom Communications's current Net Current Asset Value is CHF17.13, which is 185% above median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom Communications stock overvalued right now?
Zoom Communications (XSWX:ZM) has a current Net Current Asset Value of CHF17.13. The stock's GF Value™ is CHF67.36, compared to a current price of CHF72.77 — trading 8% above its estimated fair value. The current Net Current Asset Value is CHF17.13, which is 185% above median its 10-year median of 6.01. Zoom Communications' overall GF Score™ is 85/100 with 3 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 Zoom Communications (XSWX:ZM), the current Net Current Asset Value is CHF17.13 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 Zoom Communications (XSWX:ZM) Overvalued in 2026?
Based on GuruFocus' analysis, Zoom Communications stock appears to be overvalued.
The current stock price of CHF72.77 is trading 8% above its estimated GF Value™ of CHF67.36.
Key valuation signals for XSWX:ZM:
Net Current Asset Value: CHF17.13 (185% above median its 10-year median of 6.01)
GF Value™: CHF67.36 vs. price of CHF72.77 (8% above fair value)
No single metric tells the full story. See the XSWX:ZM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zoom Communications provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables video experiences and connects users across various devices and locations in a single meeting. Zoom has launched a variety of communications-related solutions, including Zoom Phone and Zoom Contact Center. The firm was founded in 2011 and serves companies of all sizes from all industries around the world.
85GF Score
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