A P Moller Maersk ASAMKBF 57 Net Current Asset Value is $-232.05 as of Mar. 2026. GuruFocus rates AMKBF with a GF Score™ of 57/100 and a GF Value™ of $2,080.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 363 Transportation companies, A P Moller Maersk AS ranks worse than 275481.82% 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).
A P Moller Maersk AS's net current asset value per share for the quarter that ended in Mar. 2026 was $-232.05.
The historical rank and industry rank for A P Moller Maersk AS's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of A P Moller Maersk AS was 47.32. The lowest was 3.63. And the median was 9.70.
AMKBF's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.07 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
A P Moller Maersk AS (OTCPK:AMKBF) 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.
A P Moller Maersk AS Net Current Asset Value Related Terms
A P Moller Maersk AS Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for A P Moller Maersk AS'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.
A P Moller Maersk AS Net Current Asset Value Chart
A P Moller Maersk AS Net Current Asset Value Competitor Comparison
For the Marine Shipping subindustry, A P Moller Maersk AS'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.
A P Moller Maersk AS Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, A P Moller Maersk AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where A P Moller Maersk AS'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 $-232.05 mean?
A P Moller Maersk AS (AMKBF) has a Net Current Asset Value of $-232.05 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 A P Moller Maersk AS and its competitors. Over the past decade, A P Moller Maersk AS's Net Current Asset Value has ranged from 3.63 to 47.32. According to the industry distribution chart, A P Moller Maersk AS ranks #999999 out of 363 companies in the Transportation industry.
Is A P Moller Maersk AS's Net Current Asset Value too high?
A P Moller Maersk AS's current Net Current Asset Value is $-232.05. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 47.32. Based on the distribution chart, A P Moller Maersk AS ranks #999999 out of 363 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, A P Moller Maersk AS has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A P Moller Maersk AS's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, A P Moller Maersk AS ranks #999999 out of 363 companies for Net Current Asset Value. This places A P Moller Maersk AS in the lower half of its industry. The industry median Net Current Asset Value is 4.07. Historically, A P Moller Maersk AS's own Net Current Asset Value has ranged from 3.63 to 47.32 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.07, based on 363 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 A P Moller Maersk AS and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A P Moller Maersk AS's current Net Current Asset Value is $-232.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A P Moller Maersk AS stock overvalued right now?
Based on GuruFocus' analysis, A P Moller Maersk AS (AMKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2,080.62, compared to a current price of $2,676.05 — trading 28.6% above its estimated fair value. The current Net Current Asset Value is $-232.05. A P Moller Maersk AS's overall GF Score™ is 57/100 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 A P Moller Maersk AS (AMKBF), the current Net Current Asset Value is $-232.05 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 A P Moller Maersk AS (AMKBF) Overvalued in 2026?
Based on GuruFocus' analysis, A P Moller Maersk AS stock appears to be overvalued.
The current stock price of $2,676.05 is trading 28.6% above its estimated GF Value™ of $2,080.62.
GuruFocus considers A P Moller Maersk AS to be Significantly Overvalued.
Key valuation signals for AMKBF:
Net Current Asset Value: $-232.05
GF Value™: $2,080.62 vs. price of $2,676.05 (28.6% above fair value)
No single metric tells the full story. See the AMKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics, and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, including its long-standing stakes in Danske Bank and Dansk Supermarked, as well as its oil and gas operations and ocean towing.
57GF Score
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