MRTI (Maxus Realty Trust) Net Current Asset Value: $-308.14 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MRTI Maxus Realty Trust Inc MRTI
69 GF Score
Price $78.00
GF Value $314.25
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Maxus Realty Trust Net Current Asset Value?

Maxus Realty Trust MRTI 69 Net Current Asset Value is $-308.14 as of Jun. 2025. GuruFocus rates MRTI with a GF Score™ of 69/100 and a GF Value™ of $314.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 104 REITs companies, Maxus Realty Trust ranks worse than 961537.5% 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).

Maxus Realty Trust's net current asset value per share for the quarter that ended in Jun. 2025 was $-308.14.

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

MRTI's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.485
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Maxus Realty Trust  (OTCPK:MRTI) 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.


Maxus Realty Trust Net Current Asset Value Related Terms


Maxus Realty Trust Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Maxus Realty Trust'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.

Maxus Realty Trust Net Current Asset Value Chart

Maxus Realty Trust Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.80 -23.68 -41.38 -319.86 -312.29

Maxus Realty Trust Semi-Annual Data
Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Dec23 Jun24 Dec24 Jun25
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 -41.38 -319.86 0.00 -312.29 -308.14

MRTI vs ELME, CLPR, BHM: Net Current Asset Value Comparison

For the REIT - Residential subindustry, Maxus Realty Trust'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.


Maxus Realty Trust Price-to-Net-Current-Asset-Value vs REITs Industry

For the REITs industry and Real Estate sector, Maxus Realty Trust's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Maxus Realty Trust's Price-to-Net-Current-Asset-Value falls into.


MRTI
69GF Score
Maxus Realty Trust Inc MRTI
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxus Realty Trust Net Current Asset Value Calculation

Maxus Realty Trust's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(84.405-369.016-52.619-34.4)/1.190
=-312.29

Maxus Realty Trust's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2025 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(88.343-369.126-52.087-33.196)/1.188
=-308.14

* 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 $-308.14 mean?
Maxus Realty Trust (MRTI) has a Net Current Asset Value of $-308.14 as of Jun. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Maxus Realty Trust and its competitors. According to the industry distribution chart, Maxus Realty Trust ranks #999999 out of 104 companies in the REITs industry.
Is Maxus Realty Trust's Net Current Asset Value too high?
Maxus Realty Trust's current Net Current Asset Value is $-308.14. Based on the distribution chart, Maxus Realty Trust ranks #999999 out of 104 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Maxus Realty Trust has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maxus Realty Trust's Net Current Asset Value compare to ELME and CLPR?
According to the REITs industry distribution chart, Maxus Realty Trust ranks #999999 out of 104 companies for Net Current Asset Value. This places Maxus Realty Trust in the lower half of its industry. The industry median Net Current Asset Value is 7.49. 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 REITs company?
The median Net Current Asset Value among REITs companies is 7.49, based on 104 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 Maxus Realty Trust and its competitors. For the REITs industry, the median Net Current Asset Value is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxus Realty Trust's current Net Current Asset Value is $-308.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxus Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Maxus Realty Trust (MRTI) is currently considered Possible Value Trap. The stock's GF Value™ is $314.25, compared to a current price of $78.00 — trading 75.2% below its estimated fair value. The current Net Current Asset Value is $-308.14. Maxus Realty Trust's overall GF Score™ is 69/100 with 7 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 Maxus Realty Trust (MRTI), the current Net Current Asset Value is $-308.14 as of Jun. 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 Maxus Realty Trust (MRTI) Overvalued in 2026?

Based on GuruFocus' analysis, Maxus Realty Trust stock appears to be undervalued. The current stock price of $78.00 is trading 75.2% below its estimated GF Value™ of $314.25. GuruFocus considers Maxus Realty Trust to be Possible Value Trap.

Key valuation signals for MRTI:

  • Net Current Asset Value: $-308.14
  • GF Value™: $314.25 vs. price of $78.00 (75.2% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Maxus Realty Trust Business Description

Industry Real EstateREITs
Address 104 Armour Road, PO Box 34729, North Kansas City, MO, USA, 64116
Maxus Realty Trust Inc is a self-administered and self-managed real estate investment trust. The trust's purpose is to acquire interests in income-producing real properties, mainly multifamily apartment communities. It has one reportable segment as substantially all of its assets are comprised of multifamily apartment communities.
69GF Score

Get the complete analysis for MRTI

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

$78.00
Price
$314.25
GF Value