Z (Zillow Group) Net Current Asset Value: $3.67 (As of Mar. 2026) — 67% Below Median


Z Zillow Group Inc Z
64 GF Score
Price $33.03
GF Value $74.94
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Zillow Group Net Current Asset Value?

Zillow Group Z +4.81% 64 Net Current Asset Value is $3.67 as of Mar. 2026, which is 67% below its 10-year median of 11.04. GuruFocus rates Z with a GF Score™ of 64/100 and a GF Value™ of $74.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 366 Interactive Media companies, Zillow Group ranks worse than 75.96% 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).

Zillow Group's net current asset value per share for the quarter that ended in Mar. 2026 was $3.67.

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

Z' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.13   Med: 11.04   Max: 3381
Current: 8.95

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Zillow Group was 3381.00. The lowest was 4.13. And the median was 11.04.

Z's Price-to-Net-Current-Asset-Value is ranked worse than
75.96% of 366 companies
in the Interactive Media industry
Industry Median: 3.73 vs Z: 8.95

Zillow Group  (NAS:Z) 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.


Zillow Group Net Current Asset Value Related Terms


Zillow Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Zillow Group'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.

Zillow Group Net Current Asset Value Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.28 6.50 4.38 5.58 5.49

Zillow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.82 4.77 5.84 5.49 3.67

Z vs SNAP, BILI, BZ: Net Current Asset Value Comparison

For the Internet Content & Information subindustry, Zillow Group'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.


Zillow Group Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zillow Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


Z
64GF Score
Zillow Group Inc Z
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Zillow Group Net Current Asset Value Calculation

Zillow Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2122-801-0-0)/240.446
=5.49

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

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1659-818-0-0)/229.095
=3.67

* 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 $3.67 mean?
Zillow Group (Z) has a Net Current Asset Value of $3.67 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 Zillow Group and its competitors. This is 67% below median its historical median of 11.04. Over the past decade, Zillow Group's Net Current Asset Value has ranged from 4.13 to 3,381.00. According to the industry distribution chart, Zillow Group ranks #278 out of 366 companies in the Interactive Media industry, placing it in the top 76%.
Is Zillow Group's Net Current Asset Value too high?
Zillow Group's current Net Current Asset Value of $3.67 is 67% below median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 3,381.00. The Interactive Media industry median Net Current Asset Value is 3.73. Zillow Group's value of $3.67 is 1.6% below this industry median. Based on the distribution chart, Zillow Group ranks #278 out of 366 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Zillow Group has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zillow Group's Net Current Asset Value compare to SNAP and BILI?
According to the Interactive Media industry distribution chart, Zillow Group ranks #278 out of 366 companies for Net Current Asset Value. This places Zillow Group in the lower half of its industry. The industry median Net Current Asset Value is 3.73. Zillow Group's value of $3.67 is 1.6% below this benchmark. Historically, Zillow Group's own Net Current Asset Value has ranged from 4.13 to 3,381.00 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 3.73, Zillow Group has consistently been below the industry average. 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 an Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.73, based on 366 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. Zillow Group's current Net Current Asset Value of $3.67 is 1.6% below the industry median. 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 Zillow Group and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zillow Group's current Net Current Asset Value is $3.67, which is 67% below median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zillow Group stock overvalued right now?
Based on GuruFocus' analysis, Zillow Group (Z) is currently considered Significantly Undervalued. The stock's GF Value™ is $74.94, compared to a current price of $33.03 — trading 55.9% below its estimated fair value. The current Net Current Asset Value is $3.67, which is 67% below median its 10-year median of 11.04 and 1.6% below the Interactive Media industry median of 3.73. Zillow Group's overall GF Score™ is 64/100 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 Zillow Group (Z), the current Net Current Asset Value is $3.67 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 Zillow Group (Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of $33.03 is trading 55.9% below its estimated GF Value™ of $74.94. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for Z:

  • Net Current Asset Value: $3.67 (67% below median its 10-year median of 11.04)
  • GF Value™: $74.94 vs. price of $33.03 (55.9% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 1.6% below the Interactive Media median (#278 of 366)

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


Zillow Group Business Description

Address 1301 Second Avenue, Floor 36, Seattle, WA, USA, 98101
Zillow Group Inc is a real estate technology company offering a digital platform that connects real estate customers with sellers, agents, loan officers, and other real estate-related professionals. With its tools and resources, Zillow helps real estate professionals grow their businesses, and for renters and housing providers, it offers a marketplace along with a set of end-to-end products and services to streamline applications, leases, payments, and more. The group operates various brands such as Zillow, Zillow Home Loans, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop, and Zillow Closing. Its ecosystem spans the entire home journey from shopping to renting, buying, selling, and financing real estate.
64GF 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.

$33.03
Price
$74.94
GF Value