Marten TransportMRTN -1.72%71 Net Current Asset Value is $0.15 as of Mar. 2026, which is 100% below its 10-year median of 118.06. GuruFocus rates MRTN with a GF Score™ of 71/100 and a GF Value™ of $13.84 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 359 Transportation companies, Marten Transport ranks worse than 96.94% 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).
Marten Transport's net current asset value per share for the quarter that ended in Mar. 2026 was $0.15.
The historical rank and industry rank for Marten Transport's Net Current Asset Value or its related term are showing as below:
MRTN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 87.53 Med: 118.06 Max: 148.58
Current: 114.33
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Marten Transport was 148.58. The lowest was 87.53. And the median was 118.06.
MRTN's Price-to-Net-Current-Asset-Value is ranked worse than 96.94% of 359
companies
in the Transportation industry
Industry Median: 3.96
vs MRTN: 114.33
Marten Transport (NAS:MRTN) 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.
Marten Transport Net Current Asset Value Related Terms
Marten Transport Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Marten Transport'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.
MRTN vs HTLD, CVLG, ULH: Net Current Asset Value Comparison
For the Trucking subindustry, Marten Transport'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.
Marten Transport Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, Marten Transport's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Marten Transport'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 $0.15 mean?
Marten Transport (MRTN) has a Net Current Asset Value of $0.15 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 Marten Transport and its competitors. This is 100% below median its historical median of 118.06. Over the past decade, Marten Transport's Net Current Asset Value has ranged from 87.53 to 148.58. According to the industry distribution chart, Marten Transport ranks #348 out of 359 companies in the Transportation industry, placing it in the top 96.9%.
Is Marten Transport's Net Current Asset Value too high?
Marten Transport's current Net Current Asset Value of $0.15 is 100% below median its 10-year median of 118.06. Over the past 10 years, this metric has ranged from a low of 87.53 to a high of 148.58. The Transportation industry median Net Current Asset Value is 3.96. Marten Transport's value of $0.15 is 96.2% below this industry median. Based on the distribution chart, Marten Transport ranks #348 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Marten Transport has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marten Transport's Net Current Asset Value compare to HTLD and CVLG?
According to the Transportation industry distribution chart, Marten Transport ranks #348 out of 359 companies for Net Current Asset Value. This places Marten Transport in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Marten Transport's value of $0.15 is 96.2% below this benchmark. Historically, Marten Transport's own Net Current Asset Value has ranged from 87.53 to 148.58 over the past decade. While the company's 10-year median is 118.06 vs. the industry median of 3.96, Marten Transport has consistently been below 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 a Transportation company?
The median Net Current Asset Value among Transportation companies is 3.96, based on 359 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. Marten Transport's current Net Current Asset Value of $0.15 is 96.2% below 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 Marten Transport and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marten Transport's current Net Current Asset Value is $0.15, which is 100% below median its own 10-year median of 118.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marten Transport stock overvalued right now?
Based on GuruFocus' analysis, Marten Transport (MRTN) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.84, compared to a current price of $17.15 — trading 23.9% above its estimated fair value. The current Net Current Asset Value is $0.15, which is 100% below median its 10-year median of 118.06 and 96.2% below the Transportation industry median of 3.96. Marten Transport's overall GF Score™ is 71/100 with 10 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 Marten Transport (MRTN), the current Net Current Asset Value is $0.15 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 Marten Transport (MRTN) Overvalued in 2026?
Based on GuruFocus' analysis, Marten Transport stock appears to be overvalued.
The current stock price of $17.15 is trading 23.9% above its estimated GF Value™ of $13.84.
GuruFocus considers Marten Transport to be Modestly Overvalued.
Key valuation signals for MRTN:
Net Current Asset Value: $0.15 (100% below median its 10-year median of 118.06)
GF Value™: $13.84 vs. price of $17.15 (23.9% above fair value)
Industry Position: 96.2% below the Transportation median (#348 of 359)
No single metric tells the full story. See the MRTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marten Transport Ltd is a temperature-sensitive and dry truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services transporting food and other consumer packaged goods.
71GF Score
Get the complete analysis for MRTN
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRTN has been successfully added to your 
