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Komax Holding AGKMAAF 63 Net Current Asset Value is $19.00 as of Dec. 2025, which is 132% above its 10-year median of 8.19. GuruFocus rates KMAAF with a GF Score™ of 63/100 and a GF Value™ of $179.82. The stock has 5 warning signs investors should review. Among 2,214 Industrial Products companies, Komax Holding AG ranks better than 63.73% 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).
Komax Holding AG's net current asset value per share for the quarter that ended in Dec. 2025 was $19.00.
The historical rank and industry rank for Komax Holding AG's Net Current Asset Value or its related term are showing as below:
KMAAF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.09 Med: 8.19 Max: 18.01
Current: 3.09
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Komax Holding AG was 18.01. The lowest was 3.09. And the median was 8.19.
KMAAF's Price-to-Net-Current-Asset-Value is ranked better than 63.73% of 2214
companies
in the Industrial Products industry
Industry Median: 4.92
vs KMAAF: 3.09
Komax Holding AG (OTCPK:KMAAF) 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.
Komax Holding AG Net Current Asset Value Related Terms
Komax Holding AG Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Komax Holding AG'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.
KMAAF vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Komax Holding AG'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.
Komax Holding AG Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Komax Holding AG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Komax Holding AG'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 $19.00 mean?
Komax Holding AG (KMAAF) has a Net Current Asset Value of $19.00 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 Komax Holding AG and its competitors. This is 132% above median its historical median of 8.19. Over the past decade, Komax Holding AG's Net Current Asset Value has ranged from 3.09 to 18.01. According to the industry distribution chart, Komax Holding AG ranks #803 out of 2214 companies in the Industrial Products industry, placing it in the top 36.3%.
Is Komax Holding AG's Net Current Asset Value too high?
Komax Holding AG's current Net Current Asset Value of $19.00 is 132% above median its 10-year median of 8.19. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 18.01. The Industrial Products industry median Net Current Asset Value is 4.92. Komax Holding AG's value of $19.00 is 286.2% above this industry median. Based on the distribution chart, Komax Holding AG ranks #803 out of 2214 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Komax Holding AG has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Komax Holding AG's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Komax Holding AG ranks #803 out of 2214 companies for Net Current Asset Value. This puts Komax Holding AG in the upper half of its industry. The industry median Net Current Asset Value is 4.92. Komax Holding AG's value of $19.00 is 286.2% above this benchmark. Historically, Komax Holding AG's own Net Current Asset Value has ranged from 3.09 to 18.01 over the past decade. While the company's 10-year median is 8.19 vs. the industry median of 4.92, Komax Holding AG has consistently been above the industry average. 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.92, based on 2,214 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. Komax Holding AG's current Net Current Asset Value of $19.00 is 286.2% above the industry median. 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 Komax Holding AG and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komax Holding AG's current Net Current Asset Value is $19.00, which is 132% above median its own 10-year median of 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komax Holding AG stock overvalued right now?
Komax Holding AG (KMAAF) has a current Net Current Asset Value of $19.00. The stock's GF Value™ is $179.82, compared to a current price of $74.92 — trading 58.3% below its estimated fair value. The current Net Current Asset Value is $19.00, which is 132% above median its 10-year median of 8.19 and 286.2% above the Industrial Products industry median of 4.92. Komax Holding AG's overall GF Score™ is 63/100 with 5 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 Komax Holding AG (KMAAF), the current Net Current Asset Value is $19.00 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.
Is Komax Holding AG (KMAAF) Overvalued in 2026?
Based on GuruFocus' analysis, Komax Holding AG stock appears to be undervalued.
The current stock price of $74.92 is trading 58.3% below its estimated GF Value™ of $179.82.
Key valuation signals for KMAAF:
Net Current Asset Value: $19.00 (132% above median its 10-year median of 8.19)
GF Value™: $179.82 vs. price of $74.92 (58.3% below fair value)
Industry Position: 286.2% above the Industrial Products median (#803 of 2214)
No single metric tells the full story. See the KMAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Komax Holding AG is engaged in offering its customers cutting-edge technical solutions for automated wire processing. Its business flows through four market segments. The core business is the automotive market segment, which accounts for the majority of the revenue. The other three segments are aerospace & railways and Industrial & Infrastructure market segments.
63GF Score
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