Wilh. Wilhelmsen Holding ASAFRA:WML2 -0.54%81 Net Current Asset Value is €0.97 as of Mar. 2026, which is 100% below its 10-year median of 67.01. GuruFocus rates FRA:WML2 with a GF Score™ of 81/100 and a GF Value™ of €35.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 360 Transportation companies, Wilh. Wilhelmsen Holding ASA ranks worse than 95% 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).
Wilh. Wilhelmsen Holding ASA's net current asset value per share for the quarter that ended in Mar. 2026 was €0.97.
The historical rank and industry rank for Wilh. Wilhelmsen Holding ASA's Net Current Asset Value or its related term are showing as below:
FRA:WML2'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 65.53 Med: 67.01 Max: 67.01
Current: 65.53
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wilh. Wilhelmsen Holding ASA was 67.01. The lowest was 65.53. And the median was 67.01.
FRA:WML2's Price-to-Net-Current-Asset-Value is ranked worse than 95% of 360
companies
in the Transportation industry
Industry Median: 4.03
vs FRA:WML2: 65.53
Wilh. Wilhelmsen Holding ASA (FRA:WML2) 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.
Wilh. Wilhelmsen Holding ASA Net Current Asset Value Related Terms
Wilh. Wilhelmsen Holding ASA 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.
Wilh. Wilhelmsen Holding ASA Net Current Asset Value Chart
Wilh. Wilhelmsen Holding ASA Net Current Asset Value Competitor Comparison
For the Marine Shipping subindustry, Wilh. Wilhelmsen Holding ASA'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.
Wilh. Wilhelmsen Holding ASA Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Wilh. Wilhelmsen Holding ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wilh. Wilhelmsen Holding ASA'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 €0.97 mean?
Wilh. Wilhelmsen Holding ASA (FRA:WML2) has a Net Current Asset Value of €0.97 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 Wilh. Wilhelmsen Holding ASA and its competitors. This is 99% below median its historical median of 67.01. Over the past decade, Wilh. Wilhelmsen Holding ASA's Net Current Asset Value has ranged from 65.53 to 67.01. According to the industry distribution chart, Wilh. Wilhelmsen Holding ASA ranks #342 out of 360 companies in the Transportation industry, placing it in the top 95%.
Is Wilh. Wilhelmsen Holding ASA's Net Current Asset Value too high?
Wilh. Wilhelmsen Holding ASA's current Net Current Asset Value of €0.97 is 99% below median its 10-year median of 67.01. Over the past 10 years, this metric has ranged from a low of 65.53 to a high of 67.01. Based on the distribution chart, Wilh. Wilhelmsen Holding ASA ranks #342 out of 360 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Wilh. Wilhelmsen Holding ASA has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wilh. Wilhelmsen Holding ASA's Net Current Asset Value compare to competitors?
According to the Transportation industry distribution chart, Wilh. Wilhelmsen Holding ASA ranks #342 out of 360 companies for Net Current Asset Value. This places Wilh. Wilhelmsen Holding ASA in the lower half of its industry. The industry median Net Current Asset Value is 4.03. Historically, Wilh. Wilhelmsen Holding ASA's own Net Current Asset Value has ranged from 65.53 to 67.01 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 4.03, based on 360 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 Wilh. Wilhelmsen Holding ASA and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wilh. Wilhelmsen Holding ASA's current Net Current Asset Value is €0.97, which is 99% below median its own 10-year median of 67.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wilh. Wilhelmsen Holding ASA stock overvalued right now?
Based on GuruFocus' analysis, Wilh. Wilhelmsen Holding ASA (FRA:WML2) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.38, compared to a current price of €55.70 — trading 57.4% above its estimated fair value. The current Net Current Asset Value is €0.97, which is 99% below median its 10-year median of 67.01. Wilh. Wilhelmsen Holding ASA's overall GF Score™ is 81/100 with 8 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 Wilh. Wilhelmsen Holding ASA (FRA:WML2), the current Net Current Asset Value is €0.97 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 Wilh. Wilhelmsen Holding ASA (FRA:WML2) Overvalued in 2026?
Based on GuruFocus' analysis, Wilh. Wilhelmsen Holding ASA stock appears to be overvalued.
The current stock price of €55.70 is trading 57.4% above its estimated GF Value™ of €35.38.
GuruFocus considers Wilh. Wilhelmsen Holding ASA to be Significantly Overvalued.
Key valuation signals for FRA:WML2:
Net Current Asset Value: €0.97 (99% below median its 10-year median of 67.01)
GF Value™: €35.38 vs. price of €55.70 (57.4% above fair value)
No single metric tells the full story. See the FRA:WML2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all vessel types. The group has a business presence in Europe, Oceania, America, and Asia and Africa.
81GF Score
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