SRT Marine SystemsSRTMF +1.67%39 Net Current Asset Value is $0.04 as of Dec. 2025, which is 100% below its 10-year median of 9.38. GuruFocus rates SRTMF with a GF Score™ of 39/100 and a GF Value™ of $2.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,845 Hardware companies, SRT Marine Systems ranks worse than 87.86% 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).
SRT Marine Systems's net current asset value per share for the quarter that ended in Dec. 2025 was $0.04.
The historical rank and industry rank for SRT Marine Systems's Net Current Asset Value or its related term are showing as below:
SRTMF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.84 Med: 9.38 Max: 39.5
Current: 26.67
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of SRT Marine Systems was 39.50. The lowest was 3.84. And the median was 9.38.
SRTMF's Price-to-Net-Current-Asset-Value is ranked worse than 87.86% of 1845
companies
in the Hardware industry
Industry Median: 5.48
vs SRTMF: 26.67
SRT Marine Systems (OTCPK:SRTMF) 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.
SRT Marine Systems Net Current Asset Value Related Terms
SRT Marine Systems Net Current Asset Value Historical Data
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The historical data trend for SRT Marine Systems'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.
SRTMF vs COHR, KEYS, GRMN: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, SRT Marine Systems'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.
SRT Marine Systems Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, SRT Marine Systems's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where SRT Marine Systems'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 $0.04 mean?
SRT Marine Systems (SRTMF) has a Net Current Asset Value of $0.04 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 SRT Marine Systems and its competitors. This is 100% below median its historical median of 9.38. Over the past decade, SRT Marine Systems' Net Current Asset Value has ranged from 3.84 to 39.50. According to the industry distribution chart, SRT Marine Systems ranks #1621 out of 1845 companies in the Hardware industry, placing it in the top 87.9%.
Is SRT Marine Systems' Net Current Asset Value too high?
SRT Marine Systems' current Net Current Asset Value of $0.04 is 100% below median its 10-year median of 9.38. Over the past 10 years, this metric has ranged from a low of 3.84 to a high of 39.50. The Hardware industry median Net Current Asset Value is 5.48. SRT Marine Systems' value of $0.04 is 99.3% below this industry median. Based on the distribution chart, SRT Marine Systems ranks #1621 out of 1845 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, SRT Marine Systems has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SRT Marine Systems' Net Current Asset Value compare to COHR and KEYS?
According to the Hardware industry distribution chart, SRT Marine Systems ranks #1621 out of 1845 companies for Net Current Asset Value. This places SRT Marine Systems in the lower half of its industry. The industry median Net Current Asset Value is 5.48. SRT Marine Systems' value of $0.04 is 99.3% below this benchmark. Historically, SRT Marine Systems' own Net Current Asset Value has ranged from 3.84 to 39.50 over the past decade. While the company's 10-year median is 9.38 vs. the industry median of 5.48, SRT Marine Systems has consistently been below the industry average. 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 5.48, 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. SRT Marine Systems's current Net Current Asset Value of $0.04 is 99.3% below the industry median. 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 SRT Marine Systems and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRT Marine Systems's current Net Current Asset Value is $0.04, which is 100% below median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRT Marine Systems stock overvalued right now?
Based on GuruFocus' analysis, SRT Marine Systems (SRTMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.20, compared to a current price of $1.22 — trading 44.5% below its estimated fair value. The current Net Current Asset Value is $0.04, which is 100% below median its 10-year median of 9.38 and 99.3% below the Hardware industry median of 5.48. SRT Marine Systems' overall GF Score™ is 39/100 with 6 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 SRT Marine Systems (SRTMF), the current Net Current Asset Value is $0.04 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.
Is SRT Marine Systems (SRTMF) Overvalued in 2026?
Based on GuruFocus' analysis, SRT Marine Systems stock appears to be undervalued.
The current stock price of $1.22 is trading 44.5% below its estimated GF Value™ of $2.20.
GuruFocus considers SRT Marine Systems to be Significantly Overvalued.
Key valuation signals for SRTMF:
Net Current Asset Value: $0.04 (100% below median its 10-year median of 9.38)
GF Value™: $2.20 vs. price of $1.22 (44.5% below fair value)
Industry Position: 99.3% below the Hardware median (#1621 of 1845)
No single metric tells the full story. See the SRTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SRT Marine Systems PLC develops and provides integrated maritime surveillance, monitoring, management, and safety systems used by coast guards, fisheries authorities, infrastructure owners, and vessel owners for the purpose of managing and controlling their maritime domain. The applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection, and environmental monitoring. The company is in a single business segment, the Marine technology business, which provides solutions to solve the problem of maritime domain awareness, including products and systems. The company currently operates in the following geographical markets: Europe, the Middle East, North America, the United Kingdom, South East Asia, and others.
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