Grounds Real Estate Development AGXTER:AMM 38 Net Current Asset Value is €0.42 as of Jun. 2025, which is 100% below its 10-year median of 2.70. GuruFocus rates XTER:AMM with a GF Score™ of 38/100 and a GF Value™ of €0.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 757 Real Estate companies, Grounds Real Estate Development AG ranks better than 70.81% 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).
The historical rank and industry rank for Grounds Real Estate Development AG's Net Current Asset Value or its related term are showing as below:
XTER:AMM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.14 Med: 2.7 Max: 56.67
Current: 1.14
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Grounds Real Estate Development AG was 56.67. The lowest was 1.14. And the median was 2.70.
XTER:AMM's Price-to-Net-Current-Asset-Value is ranked better than 70.81% of 757
companies
in the Real Estate industry
Industry Median: 2.1
vs XTER:AMM: 1.14
Grounds Real Estate Development AG (XTER:AMM) 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.
Grounds Real Estate Development AG Net Current Asset Value Related Terms
Grounds Real Estate Development AG Net Current Asset Value Historical Data
* 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.
Grounds Real Estate Development AG Net Current Asset Value Chart
XTER:AMM vs CBRE, BEKE, JLL: Net Current Asset Value Comparison
For the Real Estate Services subindustry, Grounds Real Estate Development 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.
Grounds Real Estate Development AG Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Grounds Real Estate Development AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Grounds Real Estate Development 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 €0.42 mean?
Grounds Real Estate Development AG (XTER:AMM) has a Net Current Asset Value of €0.42 as of Jun. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Grounds Real Estate Development AG and its competitors. This is 84% below median its historical median of 2.70. Over the past decade, Grounds Real Estate Development AG's Net Current Asset Value has ranged from 1.14 to 56.67. According to the industry distribution chart, Grounds Real Estate Development AG ranks #221 out of 757 companies in the Real Estate industry, placing it in the top 29.2%.
Is Grounds Real Estate Development AG's Net Current Asset Value too high?
Grounds Real Estate Development AG's current Net Current Asset Value of €0.42 is 84% below median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 56.67. Based on the distribution chart, Grounds Real Estate Development AG ranks #221 out of 757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Grounds Real Estate Development AG has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grounds Real Estate Development AG's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grounds Real Estate Development AG ranks #221 out of 757 companies for Net Current Asset Value. This puts Grounds Real Estate Development AG in the upper half of its industry. The industry median Net Current Asset Value is 2.10. Historically, Grounds Real Estate Development AG's own Net Current Asset Value has ranged from 1.14 to 56.67 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.10, based on 757 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 Grounds Real Estate Development AG and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grounds Real Estate Development AG's current Net Current Asset Value is €0.42, which is 84% below median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grounds Real Estate Development AG stock overvalued right now?
Based on GuruFocus' analysis, Grounds Real Estate Development AG (XTER:AMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.14, compared to a current price of €0.49 — trading 250% above its estimated fair value. The current Net Current Asset Value is €0.42, which is 84% below median its 10-year median of 2.70. Grounds Real Estate Development AG's overall GF Score™ is 38/100 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 Grounds Real Estate Development AG (XTER:AMM), the current Net Current Asset Value is €0.42 as of Jun. 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 Grounds Real Estate Development AG (XTER:AMM) Overvalued in 2026?
Based on GuruFocus' analysis, Grounds Real Estate Development AG stock appears to be overvalued.
The current stock price of €0.49 is trading 250% above its estimated GF Value™ of €0.14.
GuruFocus considers Grounds Real Estate Development AG to be Significantly Overvalued.
Key valuation signals for XTER:AMM:
Net Current Asset Value: €0.42 (84% below median its 10-year median of 2.70)
GF Value™: €0.14 vs. price of €0.49 (250% above fair value)
No single metric tells the full story. See the XTER:AMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grounds Real Estate Development AG Business Description
Grounds Real Estate Development AG carries out housing projects in German metropolitan regions. Its business activities cover three core areas, including the company's plan to establish its property portfolio for long-term rental income, which is referred to as the portfolio management business. the company also works to develop the existing properties and sell them as part-ownership, known as the privatization business. Additionally, planning to construct new housing and sell it to institutional investors, capital investors, and owner-occupiers. This is referred to as the project development business. The group's primary sources of income are the construction work on project developments, privatization income, and rental income from existing properties.
38GF Score
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