FastPassCorp AS (OCSE:FASTPC) Net Current Asset Value: kr-5.32 (As of Dec. 2025)


OCSE:FASTPC FastPassCorp AS OCSE:FASTPC
29 GF Score
Price kr39.60
! 2 Warning Signs
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What is FastPassCorp AS Net Current Asset Value?

FastPassCorp AS OCSE:FASTPC 29 Net Current Asset Value is kr-5.32 as of Dec. 2025. GuruFocus rates OCSE:FASTPC with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 1,755 Software companies, FastPassCorp AS ranks worse than 56980% 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).

FastPassCorp AS's net current asset value per share for the quarter that ended in Dec. 2025 was kr-5.32.

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

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of FastPassCorp AS was 16.71. The lowest was 6.62. And the median was 8.29.

OCSE:FASTPC's Price-to-Net-Current-Asset-Value is not ranked *
in the Software industry.
Industry Median: 4.79
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

FastPassCorp AS  (OCSE:FASTPC) 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.


FastPassCorp AS Net Current Asset Value Related Terms


FastPassCorp AS Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for FastPassCorp AS'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.

FastPassCorp AS Net Current Asset Value Chart

FastPassCorp AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.96 -9.46 -14.86 -16.57 -5.32

FastPassCorp AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -14.86 -13.51 -16.57 -9.32 -5.32

OCSE:FASTPC vs UBER, SHOP, CRM: Net Current Asset Value Comparison

For the Software - Application subindustry, FastPassCorp AS'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.


FastPassCorp AS Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, FastPassCorp AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where FastPassCorp AS's Price-to-Net-Current-Asset-Value falls into.


OCSE:FASTPC
29GF Score
FastPassCorp AS OCSE:FASTPC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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FastPassCorp AS Net Current Asset Value Calculation

FastPassCorp AS's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.295-15.315-0-0)/1.132
=-5.32

FastPassCorp AS's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(9.295-15.315-0-0)/1.132
=-5.32

* 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-5.32 mean?
FastPassCorp AS (OCSE:FASTPC) has a Net Current Asset Value of kr-5.32 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on FastPassCorp AS and its competitors. Over the past decade, FastPassCorp AS's Net Current Asset Value has ranged from 6.62 to 16.71. According to the industry distribution chart, FastPassCorp AS ranks #999999 out of 1755 companies in the Software industry.
Is FastPassCorp AS's Net Current Asset Value too high?
FastPassCorp AS's current Net Current Asset Value is kr-5.32. Over the past 10 years, this metric has ranged from a low of 6.62 to a high of 16.71. Based on the distribution chart, FastPassCorp AS ranks #999999 out of 1755 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, FastPassCorp AS has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does FastPassCorp AS's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, FastPassCorp AS ranks #999999 out of 1755 companies for Net Current Asset Value. This places FastPassCorp AS in the lower half of its industry. The industry median Net Current Asset Value is 4.79. Historically, FastPassCorp AS's own Net Current Asset Value has ranged from 6.62 to 16.71 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 a Software company?
The median Net Current Asset Value among Software companies is 4.79, based on 1,755 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 FastPassCorp AS and its competitors. For the Software industry, the median Net Current Asset Value is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FastPassCorp AS's current Net Current Asset Value is kr-5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FastPassCorp AS stock overvalued right now?
FastPassCorp AS (OCSE:FASTPC) has a current Net Current Asset Value of kr-5.32. The current Net Current Asset Value is kr-5.32. FastPassCorp AS's overall GF Score™ is 29/100 with 2 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 FastPassCorp AS (OCSE:FASTPC), the current Net Current Asset Value is kr-5.32 as of Dec. 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.

FastPassCorp AS Business Description

Address Frederiksborggade 15, 3, Copenhagen, DNK, 1360
FastPassCorp AS is a cybersecurity software company specializing in Workforce Identity Verification (IDV) and secure identity-related automation for large and complex organizations. The Company develops and delivers enterprise-grade SaaS and on-premise solutions that protect organizations against identity based cyber threats while simultaneously improving operational efficiency across IT and security functions. Its products include FastPass Suit, FastPass IVM, FastPass SSPR, FastPass sync, FastPass cloud.
29GF 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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