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Markforged Holding (Markforged Holding) Net Current Asset Value : $0.43 (As of Dec. 2023)


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What is Markforged Holding Net Current Asset Value?

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).

Markforged Holding's net current asset value per share for the quarter that ended in Dec. 2023 was $0.43.

The historical rank and industry rank for Markforged Holding's Net Current Asset Value or its related term are showing as below:

MKFG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.36   Med: 1.91   Max: 4.23
Current: 1.42

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Markforged Holding was 4.23. The lowest was 1.36. And the median was 1.91.

MKFG's Price-to-Net-Current-Asset-Value is ranked better than
87.95% of 1843 companies
in the Hardware industry
Industry Median: 4.14 vs MKFG: 1.42

Markforged Holding Net Current Asset Value Historical Data

The historical data trend for Markforged Holding'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.

* Premium members only.

Markforged Holding Net Current Asset Value Chart

Markforged Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
-0.43 1.27 0.70 0.43

Markforged Holding Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.63 0.56 0.48 0.43

Competitive Comparison of Markforged Holding's Net Current Asset Value

For the Computer Hardware subindustry, Markforged Holding'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.


Markforged Holding's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Markforged Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Markforged Holding's Price-to-Net-Current-Asset-Value falls into.



Markforged Holding Net Current Asset Value Calculation

Markforged Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(172.464-86.342-0-0)/198.581
=0.43

Markforged Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(172.464-86.342-0-0)/198.581
=0.43

* 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.


Markforged Holding  (NYSE:MKFG) 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 Graham’s 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.


Markforged Holding Net Current Asset Value Related Terms

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Markforged Holding (Markforged Holding) Business Description

Traded in Other Exchanges
N/A
Address
480 Pleasant Street, Watertown, MA, USA, 02472
Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.
Executives
Aaron Vandevender director 1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori officer: Acting Chief Financial Officer MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem director, officer: President and CEO C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz officer: Chief Financial Officer 4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark 10 percent owner C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim officer: Chief Technology Officer C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp officer: General Counsel C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers director 3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek director C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore 10 percent owner C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p. 10 percent owner 60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p. 10 percent owner 60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici director C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc 10 percent owner 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez director MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142