Appear ASAOSL:APR +0.54%19 Net Current Asset Value is kr10.72 as of Mar. 2026, which is 100% below its 10-year median of 6.76. GuruFocus rates OSL:APR with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,845 Hardware companies, Appear ASA ranks worse than 57.07% 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).
Appear ASA's net current asset value per share for the quarter that ended in Mar. 2026 was kr10.72.
The historical rank and industry rank for Appear ASA's Net Current Asset Value or its related term are showing as below:
OSL:APR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.67 Med: 6.76 Max: 7.84
Current: 6.9
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Appear ASA was 7.84. The lowest was 5.67. And the median was 6.76.
OSL:APR's Price-to-Net-Current-Asset-Value is ranked worse than 57.07% of 1845
companies
in the Hardware industry
Industry Median: 5.5
vs OSL:APR: 6.90
Appear ASA (OSL:APR) 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.
Appear ASA Net Current Asset Value Related Terms
Appear ASA Net Current Asset Value Historical Data
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The historical data trend for Appear ASA'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.
OSL:APR vs SNDK, DELL, STX: Net Current Asset Value Comparison
For the Computer Hardware subindustry, Appear ASA'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.
Appear ASA Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Appear ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Appear ASA'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 kr10.72 mean?
Appear ASA (OSL:APR) has a Net Current Asset Value of kr10.72 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 Appear ASA and its competitors. This is 59% above median its historical median of 6.76. Over the past decade, Appear ASA's Net Current Asset Value has ranged from 5.67 to 7.84. According to the industry distribution chart, Appear ASA ranks #1053 out of 1845 companies in the Hardware industry, placing it in the top 57.1%.
Is Appear ASA's Net Current Asset Value too high?
Appear ASA's current Net Current Asset Value of kr10.72 is 59% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 5.67 to a high of 7.84. Based on the distribution chart, Appear ASA ranks #1053 out of 1845 companies in the Hardware industry, which is below the industry midpoint. Overall, Appear ASA has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Appear ASA's Net Current Asset Value compare to SNDK and DELL?
According to the Hardware industry distribution chart, Appear ASA ranks #1053 out of 1845 companies for Net Current Asset Value. This places Appear ASA in the lower half of its industry. The industry median Net Current Asset Value is 5.50. Historically, Appear ASA's own Net Current Asset Value has ranged from 5.67 to 7.84 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.50, based on 1,845 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 Appear ASA and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appear ASA's current Net Current Asset Value is kr10.72, which is 59% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appear ASA stock overvalued right now?
Appear ASA (OSL:APR) has a current Net Current Asset Value of kr10.72. The current Net Current Asset Value is kr10.72, which is 59% above median its 10-year median of 6.76. Appear ASA's overall GF Score™ is 19/100 with 3 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 Appear ASA (OSL:APR), the current Net Current Asset Value is kr10.72 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.
Appear ASA, along with its subsidiaries, provides high-capacity, sustainable solutions for live-production and broadcast distribution technology to media, entertainment and sports clients. The company provides live video transport solutions that operate over satellite, dedicated fiber, and public internet infrastructure. Its offerings support a range of live event scenarios across media, entertainment, and sports industries, adapting to the varying requirements of these sectors. The company derives revenue from: Sales of media processing and delivery platforms, sales of software and licenses, and Sales of support and consulting services, majority being generated from the sales of media processing and delivery platforms. The Company has three geographic areas for Sales EMEA, APAC, and AM.
19GF Score
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