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.
Miris Holding ABXSAT:MIR -4.84%45 Net Current Asset Value is kr2.00 as of Mar. 2026, which is 100% below its 10-year median of 7.11. GuruFocus rates XSAT:MIR with a GF Score™ of 45/100 and a GF Value™ of kr15.51 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,846 Hardware companies, Miris Holding AB ranks worse than 74.76% 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).
Miris Holding AB's net current asset value per share for the quarter that ended in Mar. 2026 was kr2.00.
The historical rank and industry rank for Miris Holding AB's Net Current Asset Value or its related term are showing as below:
XSAT:MIR'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.83 Med: 7.11 Max: 19.92
Current: 11.8
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Miris Holding AB was 19.92. The lowest was 2.83. And the median was 7.11.
XSAT:MIR's Price-to-Net-Current-Asset-Value is ranked worse than 74.76% of 1846
companies
in the Hardware industry
Industry Median: 5.19
vs XSAT:MIR: 11.80
Miris Holding AB (XSAT:MIR) 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.
Miris Holding AB Net Current Asset Value Related Terms
Miris Holding AB Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Miris Holding 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.
XSAT:MIR vs COHR, KEYS, GRMN: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, Miris Holding 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.
Miris Holding AB Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Miris Holding AB's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Miris Holding 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 kr2.00 mean?
Miris Holding AB (XSAT:MIR) has a Net Current Asset Value of kr2.00 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 Miris Holding AB and its competitors. This is 72% below median its historical median of 7.11. Over the past decade, Miris Holding AB's Net Current Asset Value has ranged from 2.83 to 19.92. According to the industry distribution chart, Miris Holding AB ranks #1380 out of 1846 companies in the Hardware industry, placing it in the top 74.8%.
Is Miris Holding AB's Net Current Asset Value too high?
Miris Holding AB's current Net Current Asset Value of kr2.00 is 72% below median its 10-year median of 7.11. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 19.92. Based on the distribution chart, Miris Holding AB ranks #1380 out of 1846 companies in the Hardware industry, which is below the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Net Current Asset Value compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #1380 out of 1846 companies for Net Current Asset Value. This places Miris Holding AB in the lower half of its industry. The industry median Net Current Asset Value is 5.19. Historically, Miris Holding AB's own Net Current Asset Value has ranged from 2.83 to 19.92 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 5.19, based on 1,846 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 Miris Holding AB and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miris Holding AB's current Net Current Asset Value is kr2.00, which is 72% below median its own 10-year median of 7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.51, compared to a current price of kr23.60 — trading 52.2% above its estimated fair value. The current Net Current Asset Value is kr2.00, which is 72% below median its 10-year median of 7.11. Miris Holding AB's overall GF Score™ is 45/100 with 4 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 Miris Holding AB (XSAT:MIR), the current Net Current Asset Value is kr2.00 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued.
The current stock price of kr23.60 is trading 52.2% above its estimated GF Value™ of kr15.51.
GuruFocus considers Miris Holding AB to be Significantly Overvalued.
Key valuation signals for XSAT:MIR:
Net Current Asset Value: kr2.00 (72% below median its 10-year median of 7.11)
GF Value™: kr15.51 vs. price of kr23.60 (52.2% above fair value)
No single metric tells the full story. See the XSAT:MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
45GF Score
Get the complete analysis for XSAT:MIR
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
XSAT:MIR has been successfully added to your 
