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).
Glunz & Jensen Holding AS's net current asset value per share for the quarter that ended in Dec. 2025 was kr-26.63.
The historical rank and industry rank for Glunz & Jensen Holding AS's Net Current Asset Value or its related term are showing as below:
LTS:0OJB's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.47 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Glunz & Jensen Holding AS (LTS:0OJB) 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.
Glunz & Jensen Holding AS Net Current Asset Value Related Terms
Glunz & Jensen Holding AS Net Current Asset Value Historical Data
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The historical data trend for Glunz & Jensen Holding AS'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.
Glunz & Jensen Holding AS Net Current Asset Value Chart
LTS:0OJB vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding AS'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.
Glunz & Jensen Holding AS Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Glunz & Jensen Holding AS'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 kr-26.63 mean?
Glunz & Jensen Holding AS (LTS:0OJB) has a Net Current Asset Value of kr-26.63 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 Glunz & Jensen Holding AS and its competitors. According to the industry distribution chart, Glunz & Jensen Holding AS ranks #999999 out of 2216 companies in the Industrial Products industry.
Is Glunz & Jensen Holding AS's Net Current Asset Value too high?
Glunz & Jensen Holding AS's current Net Current Asset Value is kr-26.63. Based on the distribution chart, Glunz & Jensen Holding AS ranks #999999 out of 2216 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Glunz & Jensen Holding AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Glunz & Jensen Holding AS's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Glunz & Jensen Holding AS ranks #999999 out of 2216 companies for Net Current Asset Value. This places Glunz & Jensen Holding AS in the lower half of its industry. The industry median Net Current Asset Value is 5.47. 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 5.47, based on 2,216 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 Glunz & Jensen Holding AS and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glunz & Jensen Holding AS's current Net Current Asset Value is kr-26.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glunz & Jensen Holding AS stock overvalued right now?
Glunz & Jensen Holding AS (LTS:0OJB) has a current Net Current Asset Value of kr-26.63. The stock's GF Value™ is kr29.39, compared to a current price of kr35.00 — trading 19.1% above its estimated fair value. The current Net Current Asset Value is kr-26.63. Glunz & Jensen Holding AS's overall GF Score™ is 58/100 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 Glunz & Jensen Holding AS (LTS:0OJB), the current Net Current Asset Value is kr-26.63 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 Glunz & Jensen Holding AS (LTS:0OJB) Overvalued in 2026?
Based on GuruFocus' analysis, Glunz & Jensen Holding AS stock appears to be overvalued.
The current stock price of kr35.00 is trading 19.1% above its estimated GF Value™ of kr29.39.
Key valuation signals for LTS:0OJB:
Net Current Asset Value: kr-26.63
GF Value™: kr29.39 vs. price of kr35.00 (19.1% above fair value)
No single metric tells the full story. See the LTS:0OJB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glunz & Jensen Holding AS is a supplier of plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, it also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments: the prepress market and the rental of the Selandia Park properties. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.
58GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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