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Scandinavian Astor Group ABNGM:ASTOR +0.27%55 Net Current Asset Value is kr2.31 as of Mar. 2026, which is 100% below its 10-year median of 8.58. GuruFocus rates NGM:ASTOR with a GF Score™ of 55/100 and a GF Value™ of kr37.96 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 198 Aerospace & Defense companies, Scandinavian Astor Group AB ranks worse than 53.54% 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).
Scandinavian Astor Group AB's net current asset value per share for the quarter that ended in Mar. 2026 was kr2.31.
The historical rank and industry rank for Scandinavian Astor Group AB's Net Current Asset Value or its related term are showing as below:
NGM:ASTOR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.49 Med: 8.58 Max: 10.55
Current: 8.05
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Scandinavian Astor Group AB was 10.55. The lowest was 6.49. And the median was 8.58.
NGM:ASTOR's Price-to-Net-Current-Asset-Value is ranked worse than 53.54% of 198
companies
in the Aerospace & Defense industry
Industry Median: 7.735
vs NGM:ASTOR: 8.05
Scandinavian Astor Group AB (NGM:ASTOR) 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.
Scandinavian Astor Group AB Net Current Asset Value Related Terms
Scandinavian Astor Group AB Net Current Asset Value Historical Data
* 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.
Scandinavian Astor Group AB Net Current Asset Value Chart
NGM:ASTOR vs SPCX, GE, RTX: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Scandinavian Astor Group AB'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.
Scandinavian Astor Group AB Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Scandinavian Astor Group AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Scandinavian Astor Group AB'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 kr2.31 mean?
Scandinavian Astor Group AB (NGM:ASTOR) has a Net Current Asset Value of kr2.31 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 Scandinavian Astor Group AB and its competitors. This is 73% below median its historical median of 8.58. Over the past decade, Scandinavian Astor Group AB's Net Current Asset Value has ranged from 6.49 to 10.55. According to the industry distribution chart, Scandinavian Astor Group AB ranks #106 out of 198 companies in the Aerospace & Defense industry, placing it in the top 53.5%.
Is Scandinavian Astor Group AB's Net Current Asset Value too high?
Scandinavian Astor Group AB's current Net Current Asset Value of kr2.31 is 73% below median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 6.49 to a high of 10.55. Based on the distribution chart, Scandinavian Astor Group AB ranks #106 out of 198 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Scandinavian Astor Group AB has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Astor Group AB's Net Current Asset Value compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Scandinavian Astor Group AB ranks #106 out of 198 companies for Net Current Asset Value. This places Scandinavian Astor Group AB in the lower half of its industry. The industry median Net Current Asset Value is 7.74. Historically, Scandinavian Astor Group AB's own Net Current Asset Value has ranged from 6.49 to 10.55 over the past decade. 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 7.74, based on 198 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 Scandinavian Astor Group AB and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Astor Group AB's current Net Current Asset Value is kr2.31, which is 73% below median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Astor Group AB stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Astor Group AB (NGM:ASTOR) is currently considered Possible Value Trap. The stock's GF Value™ is kr37.96, compared to a current price of kr18.60 — trading 51% below its estimated fair value. The current Net Current Asset Value is kr2.31, which is 73% below median its 10-year median of 8.58. Scandinavian Astor Group AB's overall GF Score™ is 55/100 with 5 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 Scandinavian Astor Group AB (NGM:ASTOR), the current Net Current Asset Value is kr2.31 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 Scandinavian Astor Group AB (NGM:ASTOR) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Astor Group AB stock appears to be undervalued.
The current stock price of kr18.60 is trading 51% below its estimated GF Value™ of kr37.96.
GuruFocus considers Scandinavian Astor Group AB to be Possible Value Trap.
Key valuation signals for NGM:ASTOR:
Net Current Asset Value: kr2.31 (73% below median its 10-year median of 8.58)
GF Value™: kr37.96 vs. price of kr18.60 (51% below fair value)
No single metric tells the full story. See the NGM:ASTOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Astor Group AB is a prominent player in the defence industry, specialising in delivering high-quality products, services and technical solutions, in the defence sector and civil security, and other industrial segments. The Group is divided into three business areas: Astor Industry, Astor Tech and Astor Protect. The company generates revenues by selling customized products and services to the defense and security sectors, as well as civilian markets. Geographically, it operates in Sweden, Other EMEA, Americas, and Asia Pacific.
55GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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