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).
Response Plus Holding's net current asset value per share for the quarter that ended in Dec. 2025 was د.إ0.58.
The historical rank and industry rank for Response Plus Holding's Net Current Asset Value or its related term are showing as below:
ADX:RPM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.69 Med: 6.84 Max: 8.25
Current: 3.69
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Response Plus Holding was 8.25. The lowest was 3.69. And the median was 6.84.
ADX:RPM's Price-to-Net-Current-Asset-Value is ranked better than 50.34% of 298
companies
in the Oil & Gas industry
Industry Median: 3.865
vs ADX:RPM: 3.69
Response Plus Holding (ADX:RPM) 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.
Response Plus Holding Net Current Asset Value Related Terms
Response Plus Holding Net Current Asset Value Historical Data
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The historical data trend for Response Plus 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.
Response Plus Holding Net Current Asset Value Chart
ADX:RPM vs SLB, BKR, HAL: Net Current Asset Value Comparison
For the Oil & Gas Equipment & Services subindustry, Response Plus 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.
Response Plus Holding Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Response Plus Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Response Plus Holding'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.إ0.58 mean?
Response Plus Holding (ADX:RPM) has a Net Current Asset Value of د.إ0.58 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Response Plus Holding and its competitors. Over the past decade, Response Plus Holding's Net Current Asset Value has ranged from 3.69 to 8.25. According to the industry distribution chart, Response Plus Holding ranks #148 out of 298 companies in the Oil & Gas industry, placing it in the top 49.7%.
Is Response Plus Holding's Net Current Asset Value too high?
Response Plus Holding's current Net Current Asset Value is د.إ0.58. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 8.25. Based on the distribution chart, Response Plus Holding ranks #148 out of 298 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Response Plus Holding has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Response Plus Holding's Net Current Asset Value compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Response Plus Holding ranks #148 out of 298 companies for Net Current Asset Value. This puts Response Plus Holding in the upper half of its industry. The industry median Net Current Asset Value is 3.87. Historically, Response Plus Holding's own Net Current Asset Value has ranged from 3.69 to 8.25 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 an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.87, based on 298 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 Response Plus Holding and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Response Plus Holding's current Net Current Asset Value is د.إ0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Response Plus Holding stock overvalued right now?
Based on GuruFocus' analysis, Response Plus Holding (ADX:RPM) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ6.21, compared to a current price of د.إ2.14 — trading 65.5% below its estimated fair value. The current Net Current Asset Value is د.إ0.58. Response Plus Holding's overall GF Score™ is 81/100 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 Response Plus Holding (ADX:RPM), the current Net Current Asset Value is د.إ0.58 as of Dec. 2025. 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 Response Plus Holding (ADX:RPM) Overvalued in 2026?
Based on GuruFocus' analysis, Response Plus Holding stock appears to be undervalued.
The current stock price of د.إ2.14 is trading 65.5% below its estimated GF Value™ of د.إ6.21.
GuruFocus considers Response Plus Holding to be Significantly Undervalued.
Key valuation signals for ADX:RPM:
Net Current Asset Value: د.إ0.58
GF Value™: د.إ6.21 vs. price of د.إ2.14 (65.5% below fair value)
No single metric tells the full story. See the ADX:RPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The group holds 350+ ambulances, 420+ onsite clinics, and 3000+ medical professionals, to deliver scalable solutions across Medical Manpower Outsourcing, Event Emergency Medical Coverage, and Occupational Health Services. Geographically, it operates across the UAE, Saudi Arabia, Oman, Jordan, India, the UK, Switzerland, Norway, and the Bahamas also offers Helicopter Emergency Medical Services and Medical Air Evacuation.
81GF Score
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