Kirin Holdings CoFRA:KIR -2.77%76 Net Current Asset Value is €-7.41 as of Mar. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 76/100 and a GF Value™ of €12.99 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Kirin Holdings Co ranks worse than 847456.78% 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).
Kirin Holdings Co's net current asset value per share for the quarter that ended in Mar. 2026 was €-7.41.
The historical rank and industry rank for Kirin Holdings Co's Net Current Asset Value or its related term are showing as below:
FRA:KIR's Price-to-Net-Current-Asset-Value is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 5.14 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Kirin Holdings Co (FRA:KIR) 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.
Kirin Holdings Co Net Current Asset Value Related Terms
Kirin Holdings Co Net Current Asset Value Historical Data
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The historical data trend for Kirin Holdings Co'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.
FRA:KIR vs BUD, STZ, TAP: Net Current Asset Value Comparison
For the Beverages - Brewers subindustry, Kirin Holdings Co'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.
Kirin Holdings Co Price-to-Net-Current-Asset-Value vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kirin Holdings Co'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 €-7.41 mean?
Kirin Holdings Co (FRA:KIR) has a Net Current Asset Value of €-7.41 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 Kirin Holdings Co and its competitors. According to the industry distribution chart, Kirin Holdings Co ranks #999999 out of 118 companies in the Beverages - Alcoholic industry.
Is Kirin Holdings Co's Net Current Asset Value too high?
Kirin Holdings Co's current Net Current Asset Value is €-7.41. Based on the distribution chart, Kirin Holdings Co ranks #999999 out of 118 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Kirin Holdings Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Net Current Asset Value compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Kirin Holdings Co ranks #999999 out of 118 companies for Net Current Asset Value. This places Kirin Holdings Co in the lower half of its industry. The industry median Net Current Asset Value is 5.14. 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 Beverages - Alcoholic company?
The median Net Current Asset Value among Beverages - Alcoholic companies is 5.14, based on 118 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 Kirin Holdings Co and its competitors. For the Beverages - Alcoholic industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirin Holdings Co's current Net Current Asset Value is €-7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.99, compared to a current price of €15.10 — trading 16.2% above its estimated fair value. The current Net Current Asset Value is €-7.41. Kirin Holdings Co's overall GF Score™ is 76/100 with 9 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 Kirin Holdings Co (FRA:KIR), the current Net Current Asset Value is €-7.41 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?
Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued.
The current stock price of €15.10 is trading 16.2% above its estimated GF Value™ of €12.99.
GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.
Key valuation signals for FRA:KIR:
Net Current Asset Value: €-7.41
GF Value™: €12.99 vs. price of €15.10 (16.2% above fair value)
No single metric tells the full story. See the FRA:KIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
76GF Score
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