KMRRF (Kongsberg Maritime ASA) Net Current Asset Value: $-0.33 (As of Dec. 2025)


KMRRF Kongsberg Maritime ASA KMRRF
20 GF Score
Price $5.30
! 1 Warning Sign
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What is Kongsberg Maritime ASA Net Current Asset Value?

Kongsberg Maritime ASA KMRRF -0.86% 20 Net Current Asset Value is $-0.33 as of Dec. 2025. GuruFocus rates KMRRF with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 197 Aerospace & Defense companies, Kongsberg Maritime ASA ranks worse than 507613.71% 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).

Kongsberg Maritime ASA's net current asset value per share for the quarter that ended in Dec. 2025 was $-0.33.

The historical rank and industry rank for Kongsberg Maritime ASA's Net Current Asset Value or its related term are showing as below:

KMRRF's Price-to-Net-Current-Asset-Value is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.23
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Kongsberg Maritime ASA  (OTCPK:KMRRF) 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 Graham’s 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.


Kongsberg Maritime ASA Net Current Asset Value Related Terms


Kongsberg Maritime ASA Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Kongsberg Maritime ASA'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.

Kongsberg Maritime ASA Net Current Asset Value Chart

Kongsberg Maritime ASA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-3.23 -0.85 -1.84 -0.33

Kongsberg Maritime ASA Quarterly Data
Dec22 Dec23 Dec24 Dec25
Net Current Asset Value -3.23 -0.85 -1.84 -0.33

KMRRF vs : Net Current Asset Value Comparison

For the Aerospace & Defense subindustry, Kongsberg Maritime 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.


Kongsberg Maritime ASA Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Maritime ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Kongsberg Maritime ASA's Price-to-Net-Current-Asset-Value falls into.


KMRRF
20GF Score
Kongsberg Maritime ASA KMRRF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Kongsberg Maritime ASA Net Current Asset Value Calculation

Kongsberg Maritime ASA's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19029-19322-0-0)/879.609
=-0.33

Kongsberg Maritime ASA's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(19029-19322-0-0)/879.609
=-0.33

* 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 $-0.33 mean?
Kongsberg Maritime ASA (KMRRF) has a Net Current Asset Value of $-0.33 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 Kongsberg Maritime ASA and its competitors. According to the industry distribution chart, Kongsberg Maritime ASA ranks #999999 out of 197 companies in the Aerospace & Defense industry.
Is Kongsberg Maritime ASA's Net Current Asset Value too high?
Kongsberg Maritime ASA's current Net Current Asset Value is $-0.33. Based on the distribution chart, Kongsberg Maritime ASA ranks #999999 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Kongsberg Maritime ASA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Maritime ASA's Net Current Asset Value compare to ?
According to the Aerospace & Defense industry distribution chart, Kongsberg Maritime ASA ranks #999999 out of 197 companies for Net Current Asset Value. This places Kongsberg Maritime ASA in the lower half of its industry. The industry median Net Current Asset Value is 8.23. 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 8.23, based on 197 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 Kongsberg Maritime ASA and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Maritime ASA's current Net Current Asset Value is $-0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Maritime ASA stock overvalued right now?
Kongsberg Maritime ASA (KMRRF) has a current Net Current Asset Value of $-0.33. The current Net Current Asset Value is $-0.33. Kongsberg Maritime ASA's overall GF Score™ is 20/100 with 1 warning sign 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 Kongsberg Maritime ASA (KMRRF), the current Net Current Asset Value is $-0.33 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.

Kongsberg Maritime ASA Business Description

Comparable Companies
Other Exchanges KMAR:NorwayZ4Q:Germany
Address Kirkegardsveien 45, Kongsberg, NOR
Kongsberg Maritime ASA provides maritime technology solutions focused on safety, operational efficiency, and sustainability. Its offerings include automation, digitalisation, and integrated systems designed to support the needs of maritime customers across various applications. The company serves many segments including Cargo, Fisheries & Aquaculture, Naval & Coast Guard, Offshore Oil & Gas, Offshore Wind, Passenger vessels, and Research Workboats.
20GF Score

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