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Krispy KremeMEX:DNUT -1.06%42 Net Current Asset Value is MXN-164.11 as of Mar. 2026. GuruFocus rates MEX:DNUT with a GF Score™ of 42/100 and a GF Value™ of MXN150.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 136 Retail - Defensive companies, Krispy Kreme ranks worse than 735293.38% 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).
Krispy Kreme's net current asset value per share for the quarter that ended in Mar. 2026 was MXN-164.11.
The historical rank and industry rank for Krispy Kreme's Net Current Asset Value or its related term are showing as below:
MEX:DNUT's Price-to-Net-Current-Asset-Value is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.285 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Krispy Kreme (MEX:DNUT) 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.
Krispy Kreme Net Current Asset Value Related Terms
Krispy Kreme Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Krispy Kreme'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.
MEX:DNUT vs YSWY, VLGEA, NGVC: Net Current Asset Value Comparison
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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 MXN-164.11 mean?
Krispy Kreme (MEX:DNUT) has a Net Current Asset Value of MXN-164.11 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 Krispy Kreme and its competitors. According to the industry distribution chart, Krispy Kreme ranks #999999 out of 136 companies in the Retail - Defensive industry.
Is Krispy Kreme's Net Current Asset Value too high?
Krispy Kreme's current Net Current Asset Value is MXN-164.11. Based on the distribution chart, Krispy Kreme ranks #999999 out of 136 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Krispy Kreme has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's Net Current Asset Value compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Krispy Kreme ranks #999999 out of 136 companies for Net Current Asset Value. This places Krispy Kreme in the lower half of its industry. The industry median Net Current Asset Value is 3.29. 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 Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.29, based on 136 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 Krispy Kreme and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krispy Kreme's current Net Current Asset Value is MXN-164.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (MEX:DNUT) is currently considered Possible Value Trap. The stock's GF Value™ is MXN150.62, compared to a current price of MXN55.30 — trading 63.3% below its estimated fair value. The current Net Current Asset Value is MXN-164.11. Krispy Kreme's overall GF Score™ is 42/100 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 Krispy Kreme (MEX:DNUT), the current Net Current Asset Value is MXN-164.11 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 Krispy Kreme (MEX:DNUT) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of MXN55.30 is trading 63.3% below its estimated GF Value™ of MXN150.62.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for MEX:DNUT:
Net Current Asset Value: MXN-164.11
GF Value™: MXN150.62 vs. price of MXN55.30 (63.3% below fair value)
No single metric tells the full story. See the MEX:DNUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
42GF Score
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