Nimbus Group ABOSTO:BOAT -0.43%66 Net Current Asset Value is kr7.84 as of Mar. 2026, which is 100% below its 10-year median of 2.91. GuruFocus rates OSTO:BOAT with a GF Score™ of 66/100 and a GF Value™ of kr9.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 706 Vehicles & Parts companies, Nimbus Group AB ranks better than 85.98% 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).
Nimbus Group AB's net current asset value per share for the quarter that ended in Mar. 2026 was kr7.84.
The historical rank and industry rank for Nimbus Group AB's Net Current Asset Value or its related term are showing as below:
OSTO:BOAT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.74 Med: 2.91 Max: 53.91
Current: 1.46
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nimbus Group AB was 53.91. The lowest was 0.74. And the median was 2.91.
OSTO:BOAT's Price-to-Net-Current-Asset-Value is ranked better than 85.98% of 706
companies
in the Vehicles & Parts industry
Industry Median: 4.89
vs OSTO:BOAT: 1.46
Nimbus Group AB (OSTO:BOAT) 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.
Nimbus Group AB Net Current Asset Value Related Terms
Nimbus Group AB Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Nimbus Group 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.
OSTO:BOAT vs BC, PII, THO: Net Current Asset Value Comparison
For the Recreational Vehicles subindustry, Nimbus 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.
Nimbus Group AB Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nimbus Group AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Nimbus 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 kr7.84 mean?
Nimbus Group AB (OSTO:BOAT) has a Net Current Asset Value of kr7.84 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 Nimbus Group AB and its competitors. This is 169% above median its historical median of 2.91. Over the past decade, Nimbus Group AB's Net Current Asset Value has ranged from 0.74 to 53.91. According to the industry distribution chart, Nimbus Group AB ranks #99 out of 706 companies in the Vehicles & Parts industry, placing it in the top 14%.
Is Nimbus Group AB's Net Current Asset Value too high?
Nimbus Group AB's current Net Current Asset Value of kr7.84 is 169% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 53.91. Based on the distribution chart, Nimbus Group AB ranks #99 out of 706 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Nimbus Group AB has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nimbus Group AB's Net Current Asset Value compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Nimbus Group AB ranks #99 out of 706 companies for Net Current Asset Value. This places Nimbus Group AB in the top 14% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.89. Historically, Nimbus Group AB's own Net Current Asset Value has ranged from 0.74 to 53.91 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.89, based on 706 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 Nimbus Group AB and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nimbus Group AB's current Net Current Asset Value is kr7.84, which is 169% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nimbus Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nimbus Group AB (OSTO:BOAT) is currently considered Modestly Overvalued. The stock's GF Value™ is kr9.68, compared to a current price of kr11.45 — trading 18.3% above its estimated fair value. The current Net Current Asset Value is kr7.84, which is 169% above median its 10-year median of 2.91. Nimbus Group AB's overall GF Score™ is 66/100 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 Nimbus Group AB (OSTO:BOAT), the current Net Current Asset Value is kr7.84 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 Nimbus Group AB (OSTO:BOAT) Overvalued in 2026?
Based on GuruFocus' analysis, Nimbus Group AB stock appears to be overvalued.
The current stock price of kr11.45 is trading 18.3% above its estimated GF Value™ of kr9.68.
GuruFocus considers Nimbus Group AB to be Modestly Overvalued.
Key valuation signals for OSTO:BOAT:
Net Current Asset Value: kr7.84 (169% above median its 10-year median of 2.91)
GF Value™: kr9.68 vs. price of kr11.45 (18.3% above fair value)
No single metric tells the full story. See the OSTO:BOAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nimbus Group AB is a manufacturer of premium leisure motorboats. Its brand includes Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The company operates globally, with the greatest presence in the European and American markets.
66GF Score
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