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).
The historical rank and industry rank for ZIM Integrated Shipping Services's Net Current Asset Value or its related term are showing as below:
ZIM's Price-to-Net-Current-Asset-Value is not ranked *
in the Transportation industry.
Industry Median: 4.055 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
ZIM Integrated Shipping Services (NYSE:ZIM) 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.
ZIM Integrated Shipping Services Net Current Asset Value Related Terms
ZIM Integrated Shipping Services Net Current Asset Value Historical Data
* 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.
ZIM Integrated Shipping Services Net Current Asset Value Chart
ZIM vs SBLK, DAC, NMM: Net Current Asset Value Comparison
For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.
ZIM Integrated Shipping Services Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ZIM Integrated Shipping Services'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 $-34.84 mean?
ZIM Integrated Shipping Services (ZIM) has a Net Current Asset Value of $-34.84 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 ZIM Integrated Shipping Services and its competitors. According to the industry distribution chart, ZIM Integrated Shipping Services ranks #999999 out of 358 companies in the Transportation industry.
Is ZIM Integrated Shipping Services' Net Current Asset Value too high?
ZIM Integrated Shipping Services' current Net Current Asset Value is $-34.84. Based on the distribution chart, ZIM Integrated Shipping Services ranks #999999 out of 358 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, ZIM Integrated Shipping Services has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZIM Integrated Shipping Services' Net Current Asset Value compare to SBLK and DAC?
According to the Transportation industry distribution chart, ZIM Integrated Shipping Services ranks #999999 out of 358 companies for Net Current Asset Value. This places ZIM Integrated Shipping Services in the lower half of its industry. The industry median Net Current Asset Value is 4.06. 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.06, based on 358 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 ZIM Integrated Shipping Services and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZIM Integrated Shipping Services's current Net Current Asset Value is $-34.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIM Integrated Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, ZIM Integrated Shipping Services (ZIM) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.50, compared to a current price of $25.64 — trading 89.9% above its estimated fair value. The current Net Current Asset Value is $-34.84. ZIM Integrated Shipping Services' overall GF Score™ is 58/100 with 10 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 ZIM Integrated Shipping Services (ZIM), the current Net Current Asset Value is $-34.84 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 ZIM Integrated Shipping Services (ZIM) Overvalued in 2026?
Based on GuruFocus' analysis, ZIM Integrated Shipping Services stock appears to be overvalued.
The current stock price of $25.64 is trading 89.9% above its estimated GF Value™ of $13.50.
GuruFocus considers ZIM Integrated Shipping Services to be Significantly Overvalued.
Key valuation signals for ZIM:
Net Current Asset Value: $-34.84
GF Value™: $13.50 vs. price of $25.64 (89.9% above fair value)
No single metric tells the full story. See the ZIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZIM Integrated Shipping Services Business Description
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of its revenue from the Pacific trade region.
58GF Score
Get the complete analysis for ZIM
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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