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PanelesMatic Solutions PCLBKK:PANEL 22 Net Current Asset Value is ฿0.38 as of Jun. 2026, which is 100% below its 10-year median of 1.94. GuruFocus rates BKK:PANEL with a GF Score™ of 22/100. The stock has 6 warning signs investors should review. Among 1,066 Construction companies, PanelesMatic Solutions PCL ranks better than 55.82% 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).
PanelesMatic Solutions PCL's net current asset value per share for the quarter that ended in Jun. 2026 was ฿0.38.
The historical rank and industry rank for PanelesMatic Solutions PCL's Net Current Asset Value or its related term are showing as below:
BKK:PANEL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.35 Med: 1.94 Max: 3.18
Current: 3.18
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of PanelesMatic Solutions PCL was 3.18. The lowest was 1.35. And the median was 1.94.
BKK:PANEL's Price-to-Net-Current-Asset-Value is ranked better than 55.82% of 1066
companies
in the Construction industry
Industry Median: 3.255
vs BKK:PANEL: 3.18
PanelesMatic Solutions PCL (BKK:PANEL) 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.
PanelesMatic Solutions PCL Net Current Asset Value Related Terms
PanelesMatic Solutions PCL 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.
PanelesMatic Solutions PCL Net Current Asset Value Chart
BKK:PANEL vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, PanelesMatic Solutions 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.
PanelesMatic Solutions PCL Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, PanelesMatic Solutions PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PanelesMatic Solutions 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 ฿0.38 mean?
PanelesMatic Solutions PCL (BKK:PANEL) has a Net Current Asset Value of ฿0.38 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PanelesMatic Solutions PCL and its competitors. This is 80% below median its historical median of 1.94. Over the past decade, PanelesMatic Solutions PCL's Net Current Asset Value has ranged from 1.35 to 3.18. According to the industry distribution chart, PanelesMatic Solutions PCL ranks #471 out of 1066 companies in the Construction industry, placing it in the top 44.2%.
Is PanelesMatic Solutions PCL's Net Current Asset Value too high?
PanelesMatic Solutions PCL's current Net Current Asset Value of ฿0.38 is 80% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.18. Based on the distribution chart, PanelesMatic Solutions PCL ranks #471 out of 1066 companies in the Construction industry, which is above the industry midpoint. Overall, PanelesMatic Solutions PCL has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does PanelesMatic Solutions PCL's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, PanelesMatic Solutions PCL ranks #471 out of 1066 companies for Net Current Asset Value. This puts PanelesMatic Solutions PCL in the upper half of its industry. The industry median Net Current Asset Value is 3.26. Historically, PanelesMatic Solutions PCL's own Net Current Asset Value has ranged from 1.35 to 3.18 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.26, based on 1,066 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 PanelesMatic Solutions PCL and its competitors. For the Construction industry, the median Net Current Asset Value is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PanelesMatic Solutions PCL's current Net Current Asset Value is ฿0.38, which is 80% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PanelesMatic Solutions PCL stock overvalued right now?
PanelesMatic Solutions PCL (BKK:PANEL) has a current Net Current Asset Value of ฿0.38. The current Net Current Asset Value is ฿0.38, which is 80% below median its 10-year median of 1.94. PanelesMatic Solutions PCL's overall GF Score™ is 22/100 with 6 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 PanelesMatic Solutions PCL (BKK:PANEL), the current Net Current Asset Value is ฿0.38 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.
PanelesMatic Solutions PCL is engaged in the manufacture, sale, and installation of automatic doors, operating room doors, soundproof walls, movable walls, and other door and wall products, including after-sales services. The Company operates in Thailand and overseas, with Thailand generating the majority of its revenue.
22GF Score
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