Thinc Collective ABNGM:THINC +1.40%27 Net Current Asset Value is kr-3.42 as of Mar. 2026. GuruFocus rates NGM:THINC with a GF Score™ of 27/100. The stock has 5 warning signs investors should review. Among 540 Media - Diversified companies, Thinc Collective AB ranks worse than 185185% 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).
Thinc Collective AB's net current asset value per share for the quarter that ended in Mar. 2026 was kr-3.42.
The historical rank and industry rank for Thinc Collective AB's Net Current Asset Value or its related term are showing as below:
NGM:THINC's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 2.935 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Thinc Collective AB (NGM:THINC) 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.
Thinc Collective AB Net Current Asset Value Related Terms
Thinc Collective AB Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Thinc Collective AB'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.
NGM:THINC vs APP, OMC, TTD: Net Current Asset Value Comparison
For the Advertising Agencies subindustry, Thinc Collective 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.
Thinc Collective AB Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Thinc Collective AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Thinc Collective 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 kr-3.42 mean?
Thinc Collective AB (NGM:THINC) has a Net Current Asset Value of kr-3.42 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 Thinc Collective AB and its competitors. According to the industry distribution chart, Thinc Collective AB ranks #999999 out of 540 companies in the Media - Diversified industry.
Is Thinc Collective AB's Net Current Asset Value too high?
Thinc Collective AB's current Net Current Asset Value is kr-3.42. Based on the distribution chart, Thinc Collective AB ranks #999999 out of 540 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Thinc Collective AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Thinc Collective AB's Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinc Collective AB ranks #999999 out of 540 companies for Net Current Asset Value. This places Thinc Collective AB in the lower half of its industry. The industry median Net Current Asset Value is 2.94. 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.94, based on 540 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 Thinc Collective AB and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinc Collective AB's current Net Current Asset Value is kr-3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinc Collective AB stock overvalued right now?
Thinc Collective AB (NGM:THINC) has a current Net Current Asset Value of kr-3.42. The current Net Current Asset Value is kr-3.42. Thinc Collective AB's overall GF Score™ is 27/100 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 Thinc Collective AB (NGM:THINC), the current Net Current Asset Value is kr-3.42 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.
Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.
27GF Score
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