Indigy PCL (BKK:IDG) Net Current Asset Value: ฿0.85 (As of Dec. 2025) — 57% Below Median

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BKK:IDG Indigy PCL BKK:IDG
22 GF Score
Price ฿1.30
! 1 Warning Sign
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What is Indigy PCL Net Current Asset Value?

Indigy PCL BKK:IDG +0.78% 22 Net Current Asset Value is ฿0.85 as of Dec. 2025, which is 100% below its 10-year median of 1.98. GuruFocus rates BKK:IDG with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 1,755 Software companies, Indigy PCL ranks better than 88.26% 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).

Indigy PCL's net current asset value per share for the quarter that ended in Dec. 2025 was ฿0.85.

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

BKK:IDG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.49   Med: 1.98   Max: 1.98
Current: 1.53

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Indigy PCL was 1.98. The lowest was 1.49. And the median was 1.98.

BKK:IDG's Price-to-Net-Current-Asset-Value is ranked better than
88.26% of 1755 companies
in the Software industry
Industry Median: 5 vs BKK:IDG: 1.53

Indigy PCL  (BKK:IDG) 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.


Indigy PCL Net Current Asset Value Related Terms


Indigy PCL Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Indigy 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.

Indigy PCL Net Current Asset Value Chart

Indigy PCL Annual Data
Trend Dec23 Dec24 Dec25
Net Current Asset Value
0.76 0.40 0.85

Indigy PCL Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value 0.76 0.00 0.40 0.34 0.85

BKK:IDG vs IBM, ACN, FISV: Net Current Asset Value Comparison

For the Information Technology Services subindustry, Indigy 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.


Indigy PCL Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Indigy PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BKK:IDG
22GF Score
Indigy PCL BKK:IDG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Indigy PCL Net Current Asset Value Calculation

Indigy PCL's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(133.207-48.356-0-0)/100.000
=0.85

Indigy PCL's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(133.207-48.356-0-0)/100.000
=0.85

* 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 ฿0.85 mean?
Indigy PCL (BKK:IDG) has a Net Current Asset Value of ฿0.85 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 Indigy PCL and its competitors. This is 57% below median its historical median of 1.98. Over the past decade, Indigy PCL's Net Current Asset Value has ranged from 1.49 to 1.98. According to the industry distribution chart, Indigy PCL ranks #206 out of 1755 companies in the Software industry, placing it in the top 11.7%.
Is Indigy PCL's Net Current Asset Value too high?
Indigy PCL's current Net Current Asset Value of ฿0.85 is 57% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 1.98. Based on the distribution chart, Indigy PCL ranks #206 out of 1755 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Indigy PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Indigy PCL's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Indigy PCL ranks #206 out of 1755 companies for Net Current Asset Value. This places Indigy PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.00. Historically, Indigy PCL's own Net Current Asset Value has ranged from 1.49 to 1.98 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 Software company?
The median Net Current Asset Value among Software companies is 5.00, based on 1,755 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 Indigy PCL and its competitors. For the Software industry, the median Net Current Asset Value is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigy PCL's current Net Current Asset Value is ฿0.85, which is 57% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigy PCL stock overvalued right now?
Indigy PCL (BKK:IDG) has a current Net Current Asset Value of ฿0.85. The current Net Current Asset Value is ฿0.85, which is 57% below median its 10-year median of 1.98. Indigy PCL's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Indigy PCL (BKK:IDG), the current Net Current Asset Value is ฿0.85 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.

Indigy PCL Business Description

Address 11th floor, Soi Ladprao 3, No. 3 Promphan Building 3, Unit No. 1105 - 1110, Chom Phon Sub-district, Chatuchak District, Bangkok, THA, 10900
Indigy PCL provides consulting services, training, sourcing software and hardware, delivering digital platforms, and developing websites and computer programs. Its products include 365+ CENTER, 365+ APPS, 365+ MODERN PORTAL, 365+ HUB, 365+ INTRANET, 365+ Document Management System (DMS), Hexnode MDM/UEM, 365+ Document Tracking, 365+ E-MEMO, Microsoft Project Online, Microsoft 365 Dynamics / Dynamics 365 Business Central, among others. It operates in two segments, Services and Sales of Software with the majority of the revenue deriving from the Services segment.
22GF Score

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

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