K2 Asset Management HoldingsASX:KAM +5.77% Net Current Asset Value is A$0.02 as of Dec. 2025, which is 100% below its 10-year median of 1.97. The stock has 2 warning signs investors should review. Among 369 Asset Management companies, K2 Asset Management Holdings ranks better than 56.37% 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).
K2 Asset Management Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was A$0.02.
The historical rank and industry rank for K2 Asset Management Holdings's Net Current Asset Value or its related term are showing as below:
ASX:KAM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.13 Med: 1.97 Max: 7.8
Current: 2.75
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of K2 Asset Management Holdings was 7.80. The lowest was 0.13. And the median was 1.97.
ASX:KAM's Price-to-Net-Current-Asset-Value is ranked better than 56.37% of 369
companies
in the Asset Management industry
Industry Median: 3.23
vs ASX:KAM: 2.75
K2 Asset Management Holdings (ASX:KAM) 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.
K2 Asset Management Holdings Net Current Asset Value Related Terms
K2 Asset Management Holdings 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.
K2 Asset Management Holdings Net Current Asset Value Chart
ASX:KAM vs BLK, BX, KKR: Net Current Asset Value Comparison
For the Asset Management subindustry, K2 Asset Management Holdings'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.
K2 Asset Management Holdings Price-to-Net-Current-Asset-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, K2 Asset Management Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where K2 Asset Management Holdings'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 A$0.02 mean?
K2 Asset Management Holdings (ASX:KAM) has a Net Current Asset Value of A$0.02 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on K2 Asset Management Holdings and its competitors. This is 99% below median its historical median of 1.97. Over the past decade, K2 Asset Management Holdings' Net Current Asset Value has ranged from 0.13 to 7.80. According to the industry distribution chart, K2 Asset Management Holdings ranks #161 out of 369 companies in the Asset Management industry, placing it in the top 43.6%.
Is K2 Asset Management Holdings' Net Current Asset Value too high?
K2 Asset Management Holdings' current Net Current Asset Value of A$0.02 is 99% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 7.80. Based on the distribution chart, K2 Asset Management Holdings ranks #161 out of 369 companies in the Asset Management industry, which is above the industry midpoint.
How does K2 Asset Management Holdings' Net Current Asset Value compare to BLK and BX?
According to the Asset Management industry distribution chart, K2 Asset Management Holdings ranks #161 out of 369 companies for Net Current Asset Value. This puts K2 Asset Management Holdings in the upper half of its industry. The industry median Net Current Asset Value is 3.23. Historically, K2 Asset Management Holdings' own Net Current Asset Value has ranged from 0.13 to 7.80 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 an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.23, based on 369 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 K2 Asset Management Holdings and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K2 Asset Management Holdings's current Net Current Asset Value is A$0.02, which is 99% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K2 Asset Management Holdings stock overvalued right now?
Based on GuruFocus' analysis, K2 Asset Management Holdings (ASX:KAM) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.09, compared to a current price of A$0.06 — trading 38.9% below its estimated fair value. The current Net Current Asset Value is A$0.02, which is 99% below median its 10-year median of 1.97. 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 K2 Asset Management Holdings (ASX:KAM), the current Net Current Asset Value is A$0.02 as of Dec. 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.
K2 Asset Management Holdings Ltd is a fund holding company specialising in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.
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