DHT Holdings (MEX:DHTN) Net Current Asset Value: MXN-31.94 (As of Mar. 2026)


MEX:DHTN DHT Holdings Inc MEX:DHTN
61 GF Score
Price MXN311.00
GF Value MXN191.99
Valuation Significantly Overvalued
! 4 Warning Signs
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What is DHT Holdings Net Current Asset Value?

DHT Holdings MEX:DHTN 61 Net Current Asset Value is MXN-31.94 as of Mar. 2026. GuruFocus rates MEX:DHTN with a GF Score™ of 61/100 and a GF Value™ of MXN191.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 295 Oil & Gas companies, DHT Holdings ranks worse than 338982.71% 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).

DHT Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was MXN-31.94.

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

MEX:DHTN's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 4.11
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

DHT Holdings  (MEX:DHTN) 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.


DHT Holdings Net Current Asset Value Related Terms


DHT Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for DHT Holdings'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.

DHT Holdings Net Current Asset Value Chart

DHT Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.11 -24.50 -27.89 -32.13 -29.21

DHT Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -29.17 -17.31 -17.78 -29.21 -31.94

MEX:DHTN vs TNK, NGL, SUNC: Net Current Asset Value Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings Price-to-Net-Current-Asset-Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


MEX:DHTN
61GF Score
DHT Holdings Inc MEX:DHTN
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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DHT Holdings Net Current Asset Value Calculation

DHT Holdings'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)
=(3761.661-8457.133-1.278-0)/160.799
=-29.21

DHT Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(4816.715-9959.659-1.316-0)/161.042
=-31.94

* 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 MXN-31.94 mean?
DHT Holdings (MEX:DHTN) has a Net Current Asset Value of MXN-31.94 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on DHT Holdings and its competitors. According to the industry distribution chart, DHT Holdings ranks #999999 out of 295 companies in the Oil & Gas industry.
Is DHT Holdings' Net Current Asset Value too high?
DHT Holdings' current Net Current Asset Value is MXN-31.94. Based on the distribution chart, DHT Holdings ranks #999999 out of 295 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, DHT Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Net Current Asset Value compare to TNK and NGL?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #999999 out of 295 companies for Net Current Asset Value. This places DHT Holdings in the lower half of its industry. The industry median Net Current Asset Value is 4.11. 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 Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 4.11, based on 295 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Net Current Asset Value is MXN-31.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (MEX:DHTN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN191.99, compared to a current price of MXN311.00 — trading 62% above its estimated fair value. The current Net Current Asset Value is MXN-31.94. DHT Holdings' overall GF Score™ is 61/100 with 4 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 DHT Holdings (MEX:DHTN), the current Net Current Asset Value is MXN-31.94 as of Mar. 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 DHT Holdings (MEX:DHTN) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of MXN311.00 is trading 62% above its estimated GF Value™ of MXN191.99. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for MEX:DHTN:

  • Net Current Asset Value: MXN-31.94
  • GF Value™: MXN191.99 vs. price of MXN311.00 (62% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHT:USAD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
61GF Score

Get the complete analysis for MEX:DHTN

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

MXN311.00
Price
MXN191.99
GF Value