Makino Milling Machine CoMKMLF 78 Net Current Asset Value is $26.20 as of Mar. 2026, which is 1272% above its 10-year median of 1.91. GuruFocus rates MKMLF with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $28.94 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,217 Industrial Products companies, Makino Milling Machine Co ranks better than 64.91% 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).
Makino Milling Machine Co's net current asset value per share for the quarter that ended in Mar. 2026 was $26.20.
The historical rank and industry rank for Makino Milling Machine Co's Net Current Asset Value or its related term are showing as below:
MKMLF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.29 Med: 1.91 Max: 3.69
Current: 3.69
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Makino Milling Machine Co was 3.69. The lowest was 1.29. And the median was 1.91.
MKMLF's Price-to-Net-Current-Asset-Value is ranked better than 64.91% of 2217
companies
in the Industrial Products industry
Industry Median: 5.58
vs MKMLF: 3.69
Makino Milling Machine Co (OTCPK:MKMLF) 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 GrahamÂ’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.
Makino Milling Machine Co Net Current Asset Value Related Terms
Makino Milling Machine Co Net Current Asset Value Historical Data
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The historical data trend for Makino Milling Machine Co'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.
Makino Milling Machine Co Net Current Asset Value Chart
MKMLF vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Makino Milling Machine Co'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.
Makino Milling Machine Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Makino Milling Machine Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Makino Milling Machine Co'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 $26.20 mean?
Makino Milling Machine Co (MKMLF) has a Net Current Asset Value of $26.20 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 Makino Milling Machine Co and its competitors. This is 1272% above median its historical median of 1.91. Over the past decade, Makino Milling Machine Co's Net Current Asset Value has ranged from 1.29 to 3.69. According to the industry distribution chart, Makino Milling Machine Co ranks #778 out of 2217 companies in the Industrial Products industry, placing it in the top 35.1%.
Is Makino Milling Machine Co's Net Current Asset Value too high?
Makino Milling Machine Co's current Net Current Asset Value of $26.20 is 1272% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.69. The Industrial Products industry median Net Current Asset Value is 5.58. Makino Milling Machine Co's value of $26.20 is 369.5% above this industry median. Based on the distribution chart, Makino Milling Machine Co ranks #778 out of 2217 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Makino Milling Machine Co has a GF Scoreâ„¢ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makino Milling Machine Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Makino Milling Machine Co ranks #778 out of 2217 companies for Net Current Asset Value. This puts Makino Milling Machine Co in the upper half of its industry. The industry median Net Current Asset Value is 5.58. Makino Milling Machine Co's value of $26.20 is 369.5% above this benchmark. Historically, Makino Milling Machine Co's own Net Current Asset Value has ranged from 1.29 to 3.69 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 5.58, Makino Milling Machine Co has consistently been above 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 5.58, based on 2,217 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. Makino Milling Machine Co's current Net Current Asset Value of $26.20 is 369.5% above 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 Makino Milling Machine Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makino Milling Machine Co's current Net Current Asset Value is $26.20, which is 1272% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makino Milling Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Makino Milling Machine Co (MKMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.94, compared to a current price of $97.75 — trading 237.8% above its estimated fair value. The current Net Current Asset Value is $26.20, which is 1272% above median its 10-year median of 1.91 and 369.5% above the Industrial Products industry median of 5.58. Makino Milling Machine Co's overall GF Score™ is 78/100 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 Makino Milling Machine Co (MKMLF), the current Net Current Asset Value is $26.20 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 Makino Milling Machine Co (MKMLF) Overvalued in 2026?
Based on GuruFocus' analysis, Makino Milling Machine Co stock appears to be overvalued.
The current stock price of $97.75 is trading 237.8% above its estimated GF Value™ of $28.94.
GuruFocus considers Makino Milling Machine Co to be Significantly Overvalued.
Key valuation signals for MKMLF:
Net Current Asset Value: $26.20 (1272% above median its 10-year median of 1.91)
GF Value™: $28.94 vs. price of $97.75 (237.8% above fair value)
Industry Position: 369.5% above the Industrial Products median (#778 of 2217)
No single metric tells the full story. See the MKMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.
78GF Score
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