Keurig Dr PepperWBO:KDP -3.66%77 Net Current Asset Value is €-15.73 as of Mar. 2026. GuruFocus rates WBO:KDP with a GF Score™ of 77/100 and a GF Value™ of €39.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 64 Beverages - Non-Alcoholic companies, Keurig Dr Pepper ranks worse than 1562498.44% 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).
Keurig Dr Pepper's net current asset value per share for the quarter that ended in Mar. 2026 was €-15.73.
The historical rank and industry rank for Keurig Dr Pepper's Net Current Asset Value or its related term are showing as below:
WBO:KDP's Price-to-Net-Current-Asset-Value is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 6.54 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Keurig Dr Pepper (WBO:KDP) 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.
Keurig Dr Pepper Net Current Asset Value Related Terms
Keurig Dr Pepper Net Current Asset Value Historical Data
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The historical data trend for Keurig Dr Pepper'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.
WBO:KDP vs COCSF, COKE, PRMB: Net Current Asset Value Comparison
For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.
Keurig Dr Pepper Price-to-Net-Current-Asset-Value vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Keurig Dr Pepper'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 €-15.73 mean?
Keurig Dr Pepper (WBO:KDP) has a Net Current Asset Value of €-15.73 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 Keurig Dr Pepper and its competitors. According to the industry distribution chart, Keurig Dr Pepper ranks #999999 out of 64 companies in the Beverages - Non-Alcoholic industry.
Is Keurig Dr Pepper's Net Current Asset Value too high?
Keurig Dr Pepper's current Net Current Asset Value is €-15.73. Based on the distribution chart, Keurig Dr Pepper ranks #999999 out of 64 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Keurig Dr Pepper has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keurig Dr Pepper's Net Current Asset Value compare to COCSF and COKE?
According to the Beverages - Non-Alcoholic industry distribution chart, Keurig Dr Pepper ranks #999999 out of 64 companies for Net Current Asset Value. This places Keurig Dr Pepper in the lower half of its industry. The industry median Net Current Asset Value is 6.54. 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 Beverages - Non-Alcoholic company?
The median Net Current Asset Value among Beverages - Non-Alcoholic companies is 6.54, based on 64 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 Keurig Dr Pepper and its competitors. For the Beverages - Non-Alcoholic industry, the median Net Current Asset Value is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keurig Dr Pepper's current Net Current Asset Value is €-15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keurig Dr Pepper stock overvalued right now?
Based on GuruFocus' analysis, Keurig Dr Pepper (WBO:KDP) is currently considered Modestly Undervalued. The stock's GF Value™ is €39.23, compared to a current price of €28.05 — trading 28.5% below its estimated fair value. The current Net Current Asset Value is €-15.73. Keurig Dr Pepper's overall GF Score™ is 77/100 with 5 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 Keurig Dr Pepper (WBO:KDP), the current Net Current Asset Value is €-15.73 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 Keurig Dr Pepper (WBO:KDP) Overvalued in 2026?
Based on GuruFocus' analysis, Keurig Dr Pepper stock appears to be undervalued.
The current stock price of €28.05 is trading 28.5% below its estimated GF Value™ of €39.23.
GuruFocus considers Keurig Dr Pepper to be Modestly Undervalued.
Key valuation signals for WBO:KDP:
Net Current Asset Value: €-15.73
GF Value™: €39.23 vs. price of €28.05 (28.5% below fair value)
No single metric tells the full story. See the WBO:KDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. On Aug. 25, 2025, the firm announced a definitive agreement to acquire coffeemaker JDE Peet's for $18 billion in cash, with the deal now scheduled to close in April 2026. Following the merger, it plans to split into two US-listed entities to focus on refreshment beverages in North America and global coffee separately.
77GF Score
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