KNCAF (Konica Minolta) Net Current Asset Value: $0.06 (As of Jun. 2026) — 100% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KNCAF Konica Minolta Inc KNCAF
66 GF Score
Price $3.54
GF Value $3.23
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Konica Minolta Net Current Asset Value?

Konica Minolta KNCAF 66 Net Current Asset Value is $0.06 as of Jun. 2026, which is 100% below its 10-year median of 30.53. GuruFocus rates KNCAF with a GF Score™ of 66/100 and a GF Value™ of $3.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,222 Industrial Products companies, Konica Minolta ranks worse than 96.44% 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).

Konica Minolta's net current asset value per share for the quarter that ended in Jun. 2026 was $0.06.

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

KNCAF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.2   Med: 30.53   Max: 70.8
Current: 70.8

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Konica Minolta was 70.80. The lowest was 17.20. And the median was 30.53.

KNCAF's Price-to-Net-Current-Asset-Value is ranked worse than
96.44% of 2222 companies
in the Industrial Products industry
Industry Median: 5.265 vs KNCAF: 70.80

Konica Minolta  (OTCPK:KNCAF) 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.


Konica Minolta Net Current Asset Value Related Terms


Konica Minolta Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Konica Minolta'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.

Konica Minolta Net Current Asset Value Chart

Konica Minolta Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.89 -2.25 -1.40 -0.90 -0.07

Konica Minolta Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.72 -0.42 -0.18 -0.07 0.06

Konica Minolta Net Current Asset Value Competitor Comparison

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Konica Minolta's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Konica Minolta's Price-to-Net-Current-Asset-Value falls into.


KNCAF
66GF Score
Konica Minolta Inc KNCAF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Konica Minolta Net Current Asset Value Calculation

Konica Minolta's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4367.313-4322.702-78.559-0)/494.184
=-0.07

Konica Minolta's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2026 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4253.629-4145.767-78.441-0)/494.184
=0.06

* 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 $0.06 mean?
Konica Minolta (KNCAF) has a Net Current Asset Value of $0.06 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Konica Minolta and its competitors. This is 100% below median its historical median of 30.53. Over the past decade, Konica Minolta's Net Current Asset Value has ranged from 17.20 to 70.80. According to the industry distribution chart, Konica Minolta ranks #2143 out of 2222 companies in the Industrial Products industry, placing it in the top 96.4%.
Is Konica Minolta's Net Current Asset Value too high?
Konica Minolta's current Net Current Asset Value of $0.06 is 100% below median its 10-year median of 30.53. Over the past 10 years, this metric has ranged from a low of 17.20 to a high of 70.80. The Industrial Products industry median Net Current Asset Value is 5.27. Konica Minolta's value of $0.06 is 98.9% below this industry median. Based on the distribution chart, Konica Minolta ranks #2143 out of 2222 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Konica Minolta has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Konica Minolta's Net Current Asset Value compare to competitors?
According to the Industrial Products industry distribution chart, Konica Minolta ranks #2143 out of 2222 companies for Net Current Asset Value. This places Konica Minolta in the lower half of its industry. The industry median Net Current Asset Value is 5.27. Konica Minolta's value of $0.06 is 98.9% below this benchmark. Historically, Konica Minolta's own Net Current Asset Value has ranged from 17.20 to 70.80 over the past decade. While the company's 10-year median is 30.53 vs. the industry median of 5.27, Konica Minolta has consistently been below 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 5.27, based on 2,222 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. Konica Minolta's current Net Current Asset Value of $0.06 is 98.9% below 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 Konica Minolta and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Konica Minolta's current Net Current Asset Value is $0.06, which is 100% below median its own 10-year median of 30.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Konica Minolta stock overvalued right now?
Based on GuruFocus' analysis, Konica Minolta (KNCAF) is currently considered Fairly Valued. The stock's GF Value™ is $3.23, compared to a current price of $3.54 — trading 9.6% above its estimated fair value. The current Net Current Asset Value is $0.06, which is 100% below median its 10-year median of 30.53 and 98.9% below the Industrial Products industry median of 5.27. Konica Minolta's overall GF Score™ is 66/100 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 Konica Minolta (KNCAF), the current Net Current Asset Value is $0.06 as of Jun. 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 Konica Minolta (KNCAF) Overvalued in 2026?

Based on GuruFocus' analysis, Konica Minolta stock appears to be overvalued. The current stock price of $3.54 is trading 9.6% above its estimated GF Value™ of $3.23. GuruFocus considers Konica Minolta to be Fairly Valued.

Key valuation signals for KNCAF:

  • Net Current Asset Value: $0.06 (100% below median its 10-year median of 30.53)
  • GF Value™: $3.23 vs. price of $3.54 (9.6% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 98.9% below the Industrial Products median (#2143 of 2222)

No single metric tells the full story. See the KNCAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Konica Minolta Business Description

Address 2-7-2 Marunouchi, JP Tower, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta Inc is a Japanese equipment and material manufacturer. The company operates through four segments. The Digital Workplace business covers the development, manufacture, and sale of multifunction printers, related consumables, and IT services and solutions. The Image Solutions business includes medical diagnostic imaging systems, network cameras, and video-related equipment, along with related services and solutions. The Industry business encompasses measuring instruments, functional films for displays, industrial inkjet heads, and professional lenses. The Professional Print business involves digital printing systems and consumables for commercial and industrial markets, as well as printing services and solutions. It generates the majority of revenue Digital workplace segment.
66GF Score

Get the complete analysis for KNCAF

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.54
Price
$3.23
GF Value