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).
International Holdings Co PJSC's net current asset value per share for the quarter that ended in Mar. 2026 was د.إ-7.14.
The historical rank and industry rank for International Holdings Co PJSC's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of International Holdings Co PJSC was 144.20. The lowest was 1.30. And the median was 2.20.
ADX:IHC's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 4.11 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
International Holdings Co PJSC (ADX:IHC) 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.
International Holdings Co PJSC Net Current Asset Value Related Terms
International Holdings Co PJSC 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.
International Holdings Co PJSC Net Current Asset Value Chart
ADX:IHC vs HON, MMM: Net Current Asset Value Comparison
For the Conglomerates subindustry, International Holdings Co PJSC'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.
International Holdings Co PJSC Price-to-Net-Current-Asset-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, International Holdings Co PJSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where International Holdings Co PJSC'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 د.إ-7.14 mean?
International Holdings Co PJSC (ADX:IHC) has a Net Current Asset Value of د.إ-7.14 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 International Holdings Co PJSC and its competitors. Over the past decade, International Holdings Co PJSC's Net Current Asset Value has ranged from 1.30 to 144.20. According to the industry distribution chart, International Holdings Co PJSC ranks #999999 out of 220 companies in the Conglomerates industry.
Is International Holdings Co PJSC's Net Current Asset Value too high?
International Holdings Co PJSC's current Net Current Asset Value is د.إ-7.14. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 144.20. Based on the distribution chart, International Holdings Co PJSC ranks #999999 out of 220 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, International Holdings Co PJSC has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does International Holdings Co PJSC's Net Current Asset Value compare to HON and MMM?
According to the Conglomerates industry distribution chart, International Holdings Co PJSC ranks #999999 out of 220 companies for Net Current Asset Value. This places International Holdings Co PJSC in the lower half of its industry. The industry median Net Current Asset Value is 4.11. Historically, International Holdings Co PJSC's own Net Current Asset Value has ranged from 1.30 to 144.20 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.11, based on 220 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 International Holdings Co PJSC and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Holdings Co PJSC's current Net Current Asset Value is د.إ-7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Holdings Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, International Holdings Co PJSC (ADX:IHC) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ623.31, compared to a current price of د.إ380.80 — trading 38.9% below its estimated fair value. The current Net Current Asset Value is د.إ-7.14. International Holdings Co PJSC's overall GF Score™ is 91/100 with 8 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 International Holdings Co PJSC (ADX:IHC), the current Net Current Asset Value is د.إ-7.14 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 International Holdings Co PJSC (ADX:IHC) Overvalued in 2026?
Based on GuruFocus' analysis, International Holdings Co PJSC stock appears to be undervalued.
The current stock price of د.إ380.80 is trading 38.9% below its estimated GF Value™ of د.إ623.31.
GuruFocus considers International Holdings Co PJSC to be Significantly Undervalued.
Key valuation signals for ADX:IHC:
Net Current Asset Value: د.إ-7.14
GF Value™: د.إ623.31 vs. price of د.إ380.80 (38.9% below fair value)
No single metric tells the full story. See the ADX:IHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Holdings Co PJSC Business Description
International Holdings Co PJSC is a United Arab Emirates-based public joint stock company. The group, along with its subsidiaries, is engaged in management services and investing in diversified projects; trading and importing of food items; the sale of poultry products, and others. The company is organized into business segments as follows: Real estate and construction, Food, Technology, Financial services, Marine and dredging, Hospitality and leisure, Energy, Services, and other segments. It generates the majority of its revenue from the Real estate and construction segment.
91GF Score
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