PT Calculus Global Ventures Tbk (ISX:STAR) Net Cash per Share: Rp113.12 (As of Jun. 2026)

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ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp394.00
GF Value Rp118.98
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Calculus Global Ventures Tbk Net Cash per Share?

PT Calculus Global Ventures Tbk ISX:STAR -1.01% 59 Net Cash per Share is Rp113.12 as of Jun. 2026. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp118.98 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 448 Asset Management companies, PT Calculus Global Ventures Tbk ranks better than 63.62% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). PT Calculus Global Ventures Tbk's Net Cash per Share for the quarter that ended in Jun. 2026 was Rp113.12.

The historical rank and industry rank for PT Calculus Global Ventures Tbk's Net Cash per Share or its related term are showing as below:

ISX:STAR' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.19   Med: 1.33   Max: 13.62
Current: 3.48

During the past 13 years, the highest Price-to-Net-Cash Ratio of PT Calculus Global Ventures Tbk was 13.62. The lowest was 0.19. And the median was 1.33.

ISX:STAR's Price-to-Net-Cash is ranked better than
63.62% of 448 companies
in the Asset Management industry
Industry Median: 6.345 vs ISX:STAR: 3.48

PT Calculus Global Ventures Tbk  (ISX:STAR) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


PT Calculus Global Ventures Tbk Net Cash per Share Related Terms


PT Calculus Global Ventures Tbk Net Cash per Share Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures Tbk's Net Cash per Share 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.

PT Calculus Global Ventures Tbk Net Cash per Share Chart

PT Calculus Global Ventures Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.72 105.21 105.84 106.68 111.21

PT Calculus Global Ventures Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.37 100.55 111.21 111.86 113.12

ISX:STAR vs BLK, BX, KKR: Net Cash per Share Comparison

For the Asset Management subindustry, PT Calculus Global Ventures Tbk's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


PT Calculus Global Ventures Tbk Price-to-Net-Cash vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Calculus Global Ventures Tbk's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where PT Calculus Global Ventures Tbk's Price-to-Net-Cash falls into.


ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Calculus Global Ventures Tbk Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

PT Calculus Global Ventures Tbk's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(536607.978-2786.121-1.112)/4800.001
=111.21

PT Calculus Global Ventures Tbk's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(544594.242-1597.229-1.121)/4800.001
=113.12

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of Rp113.12 mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Net Cash per Share of Rp113.12 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on PT Calculus Global Ventures Tbk and its competitors. According to the industry distribution chart, PT Calculus Global Ventures Tbk ranks #163 out of 448 companies in the Asset Management industry, placing it in the top 36.4%.
Is PT Calculus Global Ventures Tbk's Net Cash per Share too high?
PT Calculus Global Ventures Tbk's current Net Cash per Share is Rp113.12. Based on the distribution chart, PT Calculus Global Ventures Tbk ranks #163 out of 448 companies in the Asset Management industry, which is above the industry midpoint. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Net Cash per Share compare to BLK and BX?
According to the Asset Management industry distribution chart, PT Calculus Global Ventures Tbk ranks #163 out of 448 companies for Net Cash per Share. This puts PT Calculus Global Ventures Tbk in the upper half of its industry. The industry median Net Cash per Share is 6.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.35, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on PT Calculus Global Ventures Tbk and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Calculus Global Ventures Tbk's current Net Cash per Share is Rp113.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp118.98, compared to a current price of Rp394.00 — trading 231.1% above its estimated fair value. The current Net Cash per Share is Rp113.12. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For PT Calculus Global Ventures Tbk (ISX:STAR), the current Net Cash per Share is Rp113.12 as of Jun. 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 PT Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp394.00 is trading 231.1% above its estimated GF Value™ of Rp118.98. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Net Cash per Share: Rp113.12
  • GF Value™: Rp118.98 vs. price of Rp394.00 (231.1% above fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the ISX:STAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

Get the complete analysis for ISX:STAR

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp394.00
Price
Rp118.98
GF Value