KMD BrandsKTHUD +0.01%40 Net Current Asset Value is $-3.78 as of Jan. 2026. GuruFocus rates KTHUD with a GF Score™ of 40/100 and a GF Value™ of $3.46 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 628 Manufacturing - Apparel & Accessories companies, KMD Brands ranks worse than 159235.51% 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).
KMD Brands's net current asset value per share for the quarter that ended in Jan. 2026 was $-3.78.
The historical rank and industry rank for KMD Brands's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of KMD Brands was 113.90. The lowest was 112.56. And the median was 113.23.
KTHUD's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.965 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
KMD Brands (OTCPK:KTHUD) 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.
KMD Brands Net Current Asset Value Related Terms
KMD Brands Net Current Asset Value Historical Data
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The historical data trend for KMD Brands'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.
KTHUD vs RL, LEVI, VFC: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, KMD Brands'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.
KMD Brands Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where KMD Brands'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 $-3.78 mean?
KMD Brands (KTHUD) has a Net Current Asset Value of $-3.78 as of Jan. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on KMD Brands and its competitors. Over the past decade, KMD Brands' Net Current Asset Value has ranged from 112.56 to 113.90. According to the industry distribution chart, KMD Brands ranks #999999 out of 628 companies in the Manufacturing - Apparel & Accessories industry.
Is KMD Brands' Net Current Asset Value too high?
KMD Brands' current Net Current Asset Value is $-3.78. Over the past 10 years, this metric has ranged from a low of 112.56 to a high of 113.90. Based on the distribution chart, KMD Brands ranks #999999 out of 628 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, KMD Brands has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KMD Brands' Net Current Asset Value compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KMD Brands ranks #999999 out of 628 companies for Net Current Asset Value. This places KMD Brands in the lower half of its industry. The industry median Net Current Asset Value is 2.97. Historically, KMD Brands' own Net Current Asset Value has ranged from 112.56 to 113.90 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.97, based on 628 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 KMD Brands and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KMD Brands's current Net Current Asset Value is $-3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMD Brands stock overvalued right now?
Based on GuruFocus' analysis, KMD Brands (KTHUD) is currently considered Possible Value Trap. The stock's GF Value™ is $3.46, compared to a current price of $0.94 — trading 72.9% below its estimated fair value. The current Net Current Asset Value is $-3.78. KMD Brands' overall GF Score™ is 40/100 with 3 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 KMD Brands (KTHUD), the current Net Current Asset Value is $-3.78 as of Jan. 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 KMD Brands (KTHUD) Overvalued in 2026?
Based on GuruFocus' analysis, KMD Brands stock appears to be undervalued.
The current stock price of $0.94 is trading 72.9% below its estimated GF Value™ of $3.46.
GuruFocus considers KMD Brands to be Possible Value Trap.
Key valuation signals for KTHUD:
Net Current Asset Value: $-3.78
GF Value™: $3.46 vs. price of $0.94 (72.9% below fair value)
No single metric tells the full story. See the KTHUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from the Kathmandu segment.
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