Bluebik Group PCLBKK:BBIK-R 88 Net Current Asset Value is ฿4.27 as of Mar. 2026, which is 100% below its 10-year median of 14.03. GuruFocus rates BKK:BBIK-R with a GF Score™ of 88/100 and a GF Value™ of ฿38.96. The stock has 5 warning signs investors should review. Among 624 Business Services companies, Bluebik Group PCL ranks worse than 55.29% on this metric.
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).
Bluebik Group PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿4.27.
The historical rank and industry rank for Bluebik Group PCL's Net Current Asset Value or its related term are showing as below:
BKK:BBIK-R'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.9 Med: 14.03 Max: 26.62
Current: 4.31
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bluebik Group PCL was 26.62. The lowest was 3.90. And the median was 14.03.
BKK:BBIK-R's Price-to-Net-Current-Asset-Value is ranked worse than 55.29% of 624
companies
in the Business Services industry
Industry Median: 3.655
vs BKK:BBIK-R: 4.31
Bluebik Group PCL (BKK:BBIK-R) 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.
Bluebik Group PCL Net Current Asset Value Related Terms
Bluebik Group PCL Net Current Asset Value Historical Data
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The historical data trend for Bluebik Group PCL'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.
BKK:BBIK-R vs VRSK, EFX, BAH: Net Current Asset Value Comparison
For the Consulting Services subindustry, Bluebik Group PCL'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.
Bluebik Group PCL Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Bluebik Group PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bluebik Group PCL'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 ฿4.27 mean?
Bluebik Group PCL (BKK:BBIK-R) has a Net Current Asset Value of ฿4.27 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 Bluebik Group PCL and its competitors. This is 70% below median its historical median of 14.03. Over the past decade, Bluebik Group PCL's Net Current Asset Value has ranged from 3.90 to 26.62. According to the industry distribution chart, Bluebik Group PCL ranks #345 out of 624 companies in the Business Services industry, placing it in the top 55.3%.
Is Bluebik Group PCL's Net Current Asset Value too high?
Bluebik Group PCL's current Net Current Asset Value of ฿4.27 is 70% below median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 26.62. Based on the distribution chart, Bluebik Group PCL ranks #345 out of 624 companies in the Business Services industry, which is below the industry midpoint. Overall, Bluebik Group PCL has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Bluebik Group PCL's Net Current Asset Value compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bluebik Group PCL ranks #345 out of 624 companies for Net Current Asset Value. This places Bluebik Group PCL in the lower half of its industry. The industry median Net Current Asset Value is 3.66. Historically, Bluebik Group PCL's own Net Current Asset Value has ranged from 3.90 to 26.62 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.66, based on 624 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 Bluebik Group PCL and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluebik Group PCL's current Net Current Asset Value is ฿4.27, which is 70% below median its own 10-year median of 14.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluebik Group PCL stock overvalued right now?
Bluebik Group PCL (BKK:BBIK-R) has a current Net Current Asset Value of ฿4.27. The stock's GF Value™ is ฿38.96, compared to a current price of ฿18.62 — trading 52.2% below its estimated fair value. The current Net Current Asset Value is ฿4.27, which is 70% below median its 10-year median of 14.03. Bluebik Group PCL's overall GF Score™ is 88/100 with 5 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 Bluebik Group PCL (BKK:BBIK-R), the current Net Current Asset Value is ฿4.27 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 Bluebik Group PCL (BKK:BBIK-R) Overvalued in 2026?
Based on GuruFocus' analysis, Bluebik Group PCL stock appears to be undervalued.
The current stock price of ฿18.62 is trading 52.2% below its estimated GF Value™ of ฿38.96.
Key valuation signals for BKK:BBIK-R:
Net Current Asset Value: ฿4.27 (70% below median its 10-year median of 14.03)
GF Value™: ฿38.96 vs. price of ฿18.62 (52.2% below fair value)
No single metric tells the full story. See the BKK:BBIK-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bluebik Group PCL is principally engaged in service provider for software design and development, management strategies consulting, strategic project management office (PMO), big data implementation and data analytic. The company's segments include Management Consulting, Digital Excellence and Delivery, Strategic Project Management Office and Big Data and Advanced Analytics. The majority of the company's revenue is derived from the Digital Excellence and Delivery segment. Geographically, it generates the maximum revenue from Thailand.
88GF Score
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