Nitro Games (OSTO:NITRO) Net Current Asset Value: kr-0.42 (As of Mar. 2026)

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OSTO:NITRO Nitro Games PLC OSTO:NITRO
58 GF Score
Price kr2.11
GF Value kr1.43
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nitro Games Net Current Asset Value?

Nitro Games OSTO:NITRO -3.21% 58 Net Current Asset Value is kr-0.42 as of Mar. 2026. GuruFocus rates OSTO:NITRO with a GF Score™ of 58/100 and a GF Value™ of kr1.43 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 367 Interactive Media companies, Nitro Games ranks worse than 272479.29% 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).

Nitro Games's net current asset value per share for the quarter that ended in Mar. 2026 was kr-0.42.

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

During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Nitro Games was 638.06. The lowest was 2.97. And the median was 13.29.

OSTO:NITRO's Price-to-Net-Current-Asset-Value is not ranked *
in the Interactive Media industry.
Industry Median: 3.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Nitro Games  (OSTO:NITRO) 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.


Nitro Games Net Current Asset Value Related Terms


Nitro Games Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Nitro Games'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.

Nitro Games Net Current Asset Value Chart

Nitro Games 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 0.88 -4.07 -1.77 -0.73 -0.48

Nitro Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.61 -0.82 -0.71 -0.48 -0.42

OSTO:NITRO vs NTES, EA, TTWO: Net Current Asset Value Comparison

For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.


Nitro Games Price-to-Net-Current-Asset-Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nitro Games's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


OSTO:NITRO
58GF Score
Nitro Games PLC OSTO:NITRO
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitro Games Net Current Asset Value Calculation

Nitro Games'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)
=(27.554-39.579-0-0)/24.924
=-0.48

Nitro Games's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(33.046-43.581-0-0)/24.924
=-0.42

* 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-0.42 mean?
Nitro Games (OSTO:NITRO) has a Net Current Asset Value of kr-0.42 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 Nitro Games and its competitors. Over the past decade, Nitro Games' Net Current Asset Value has ranged from 2.97 to 638.06. According to the industry distribution chart, Nitro Games ranks #999999 out of 367 companies in the Interactive Media industry.
Is Nitro Games' Net Current Asset Value too high?
Nitro Games' current Net Current Asset Value is kr-0.42. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 638.06. Based on the distribution chart, Nitro Games ranks #999999 out of 367 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nitro Games has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Net Current Asset Value compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #999999 out of 367 companies for Net Current Asset Value. This places Nitro Games in the lower half of its industry. The industry median Net Current Asset Value is 3.63. Historically, Nitro Games' own Net Current Asset Value has ranged from 2.97 to 638.06 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 Interactive Media company?
The median Net Current Asset Value among Interactive Media companies is 3.63, based on 367 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 Nitro Games and its competitors. For the Interactive Media industry, the median Net Current Asset Value is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Net Current Asset Value is kr-0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.43, compared to a current price of kr2.11 — trading 47.6% above its estimated fair value. The current Net Current Asset Value is kr-0.42. Nitro Games' overall GF Score™ is 58/100 with 8 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 Nitro Games (OSTO:NITRO), the current Net Current Asset Value is kr-0.42 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.

Is Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.11 is trading 47.6% above its estimated GF Value™ of kr1.43. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • Net Current Asset Value: kr-0.42
  • GF Value™: kr1.43 vs. price of kr2.11 (47.6% above fair value)
  • GF Score™: 58/100 with 8 warning signs

No single metric tells the full story. See the OSTO:NITRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitro Games Business Description

Address Juha Vainion katu 2, Kotka, FIN, 48100
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
58GF Score

Get the complete analysis for OSTO:NITRO

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr2.11
Price
kr1.43
GF Value