Heidmar Maritime HoldingsFRA:AW4 25 Net Current Asset Value is €-0.38 as of Mar. 2026. GuruFocus rates FRA:AW4 with a GF Score™ of 25/100. The stock has 4 warning signs investors should review. Among 359 Transportation companies, Heidmar Maritime Holdings ranks worse than 278551.25% 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).
Heidmar Maritime Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was €-0.38.
The historical rank and industry rank for Heidmar Maritime Holdings's Net Current Asset Value or its related term are showing as below:
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Heidmar Maritime Holdings was 18.18. The lowest was 18.18. And the median was 18.18.
FRA:AW4's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 3.96 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Heidmar Maritime Holdings (FRA:AW4) 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.
Heidmar Maritime Holdings Net Current Asset Value Related Terms
Heidmar Maritime Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Heidmar Maritime Holdings'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.
Heidmar Maritime Holdings Net Current Asset Value Chart
FRA:AW4 vs EDRY, GLBS, HTCO: Net Current Asset Value Comparison
For the Marine Shipping subindustry, Heidmar Maritime 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.
Heidmar Maritime Holdings Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Heidmar Maritime Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Heidmar Maritime 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 €-0.38 mean?
Heidmar Maritime Holdings (FRA:AW4) has a Net Current Asset Value of €-0.38 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 Heidmar Maritime Holdings and its competitors. Over the past decade, Heidmar Maritime Holdings' Net Current Asset Value has ranged from 18.18 to 18.18. According to the industry distribution chart, Heidmar Maritime Holdings ranks #999999 out of 359 companies in the Transportation industry.
Is Heidmar Maritime Holdings' Net Current Asset Value too high?
Heidmar Maritime Holdings' current Net Current Asset Value is €-0.38. Over the past 10 years, this metric has ranged from a low of 18.18 to a high of 18.18. Based on the distribution chart, Heidmar Maritime Holdings ranks #999999 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Heidmar Maritime Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Heidmar Maritime Holdings' Net Current Asset Value compare to EDRY and GLBS?
According to the Transportation industry distribution chart, Heidmar Maritime Holdings ranks #999999 out of 359 companies for Net Current Asset Value. This places Heidmar Maritime Holdings in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Historically, Heidmar Maritime Holdings' own Net Current Asset Value has ranged from 18.18 to 18.18 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 3.96, based on 359 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 Heidmar Maritime Holdings and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidmar Maritime Holdings's current Net Current Asset Value is €-0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidmar Maritime Holdings stock overvalued right now?
Heidmar Maritime Holdings (FRA:AW4) has a current Net Current Asset Value of €-0.38. The current Net Current Asset Value is €-0.38. Heidmar Maritime Holdings' overall GF Score™ is 25/100 with 4 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 Heidmar Maritime Holdings (FRA:AW4), the current Net Current Asset Value is €-0.38 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.
Heidmar Maritime Holdings Corp is a commercial and technical management company that operates tanker and dry-bulk vessel pools. The group, along with its subsidiaries, operates as a growing tanker pool company engaged in the commercial management and chartering of crude oil and refined petroleum product tankers. Its lines of business currently include asset management, tanker pooling, commercial and time charters, assisting clients with the buying and selling of ships, and technical management services for individual vessels, which include assistance in technical operations and crewing of the vessel. Its geographic areas are Singapore, the USA, the Marshall Islands, the United Arab Emirates, Germany, Switzerland, and Other.
25GF Score
Get the complete analysis for FRA:AW4
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AW4 has been successfully added to your 
