Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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).
AtomTrace AS's net current asset value per share for the quarter that ended in Dec. 2024 was Kč-1.32.
The historical rank and industry rank for AtomTrace AS's Net Current Asset Value or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of AtomTrace AS was 9.57. The lowest was 8.25. And the median was 8.91.
XPRA:ATOMT's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
AtomTrace AS (XPRA:ATOMT) 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.
AtomTrace AS Net Current Asset Value Related Terms
AtomTrace AS Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for AtomTrace AS'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.
XPRA:ATOMT vs COHR, KEYS, GRMN: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, AtomTrace AS'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.
AtomTrace AS Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, AtomTrace AS's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where AtomTrace AS'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 Kč-1.32 mean?
AtomTrace AS (XPRA:ATOMT) has a Net Current Asset Value of Kč-1.32 as of Dec. 2024. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on AtomTrace AS and its competitors. Over the past decade, AtomTrace AS's Net Current Asset Value has ranged from 8.25 to 9.57.
Is AtomTrace AS's Net Current Asset Value too high?
AtomTrace AS's current Net Current Asset Value is Kč-1.32. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 9.57. Overall, AtomTrace AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does AtomTrace AS's Net Current Asset Value compare to COHR and KEYS?
AtomTrace AS's Net Current Asset Value of Kč-1.32 can be compared against companies in the Hardware industry. The industry median Net Current Asset Value is 5.00. Historically, AtomTrace AS's own Net Current Asset Value has ranged from 8.25 to 9.57 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 5.00, based on 1,847 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 AtomTrace AS and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AtomTrace AS's current Net Current Asset Value is Kč-1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AtomTrace AS stock overvalued right now?
AtomTrace AS (XPRA:ATOMT) has a current Net Current Asset Value of Kč-1.32. The stock's GF Value™ is Kč31.26, compared to a current price of Kč7.00 — trading 77.6% below its estimated fair value. The current Net Current Asset Value is Kč-1.32. AtomTrace AS's overall GF Score™ is 58/100 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 AtomTrace AS (XPRA:ATOMT), the current Net Current Asset Value is Kč-1.32 as of Dec. 2024. 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 AtomTrace AS (XPRA:ATOMT) Overvalued in 2026?
Based on GuruFocus' analysis, AtomTrace AS stock appears to be undervalued.
The current stock price of Kč7.00 is trading 77.6% below its estimated GF Value™ of Kč31.26.
Key valuation signals for XPRA:ATOMT:
Net Current Asset Value: Kč-1.32
GF Value™: Kč31.26 vs. price of Kč7.00 (77.6% below fair value)
No single metric tells the full story. See the XPRA:ATOMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AtomTrace AS provides technology that performs multi-elemental analysis of periodic table elements including those with low atomic weight. The company's products comprise LIBS Interaction Chamber, LIBS Sci-Trace, LIBS X-Trace, LIBS Application Setup, LIBS Software-AtomAnalyzer, and Digital Delay Generator.
58GF Score
Get the complete analysis for XPRA:ATOMT
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XPRA:ATOMT has been successfully added to your 
