Sikarin PCL (BKK:SKR) Net Current Asset Value: ฿0.58 (As of Mar. 2026) — 99% Below Median

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BKK:SKR Sikarin PCL BKK:SKR
84 GF Score
Price ฿7.90
GF Value ฿9.13
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sikarin PCL Net Current Asset Value?

Sikarin PCL BKK:SKR -0.63% 84 Net Current Asset Value is ฿0.58 as of Mar. 2026, which is 100% below its 10-year median of 49.37. GuruFocus rates BKK:SKR with a GF Score™ of 84/100 and a GF Value™ of ฿9.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 273 Healthcare Providers & Services companies, Sikarin PCL ranks worse than 74.36% 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).

Sikarin PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿0.58.

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

BKK:SKR' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 12.07   Med: 49.37   Max: 260
Current: 13.62

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sikarin PCL was 260.00. The lowest was 12.07. And the median was 49.37.

BKK:SKR's Price-to-Net-Current-Asset-Value is ranked worse than
74.36% of 273 companies
in the Healthcare Providers & Services industry
Industry Median: 6.24 vs BKK:SKR: 13.62

Sikarin PCL  (BKK:SKR) 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.


Sikarin PCL Net Current Asset Value Related Terms


Sikarin PCL Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sikarin 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.

Sikarin PCL Net Current Asset Value Chart

Sikarin PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.16 0.30 0.51

Sikarin PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.44 0.40 0.51 0.58

BKK:SKR vs HCA, THC, DVA: Net Current Asset Value Comparison

For the Medical Care Facilities subindustry, Sikarin 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.


Sikarin PCL Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sikarin PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


BKK:SKR
84GF Score
Sikarin PCL BKK:SKR
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Sikarin PCL Net Current Asset Value Calculation

Sikarin 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)
=(2782.202-1650.293-92.466-0)/2034.829
=0.51

Sikarin PCL's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2919.637-1648.511-92.569-0)/2033.425
=0.58

* 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 ฿0.58 mean?
Sikarin PCL (BKK:SKR) has a Net Current Asset Value of ฿0.58 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 Sikarin PCL and its competitors. This is 99% below median its historical median of 49.37. Over the past decade, Sikarin PCL's Net Current Asset Value has ranged from 12.07 to 260.00. According to the industry distribution chart, Sikarin PCL ranks #203 out of 273 companies in the Healthcare Providers & Services industry, placing it in the top 74.4%.
Is Sikarin PCL's Net Current Asset Value too high?
Sikarin PCL's current Net Current Asset Value of ฿0.58 is 99% below median its 10-year median of 49.37. Over the past 10 years, this metric has ranged from a low of 12.07 to a high of 260.00. Based on the distribution chart, Sikarin PCL ranks #203 out of 273 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Sikarin PCL has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sikarin PCL's Net Current Asset Value compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Sikarin PCL ranks #203 out of 273 companies for Net Current Asset Value. This places Sikarin PCL in the lower half of its industry. The industry median Net Current Asset Value is 6.24. Historically, Sikarin PCL's own Net Current Asset Value has ranged from 12.07 to 260.00 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.24, based on 273 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 Sikarin PCL and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sikarin PCL's current Net Current Asset Value is ฿0.58, which is 99% below median its own 10-year median of 49.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sikarin PCL stock overvalued right now?
Based on GuruFocus' analysis, Sikarin PCL (BKK:SKR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.13, compared to a current price of ฿7.90 — trading 13.5% below its estimated fair value. The current Net Current Asset Value is ฿0.58, which is 99% below median its 10-year median of 49.37. Sikarin PCL's overall GF Score™ is 84/100 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 Sikarin PCL (BKK:SKR), the current Net Current Asset Value is ฿0.58 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 Sikarin PCL (BKK:SKR) Overvalued in 2026?

Based on GuruFocus' analysis, Sikarin PCL stock appears to be undervalued. The current stock price of ฿7.90 is trading 13.5% below its estimated GF Value™ of ฿9.13. GuruFocus considers Sikarin PCL to be Modestly Undervalued.

Key valuation signals for BKK:SKR:

  • Net Current Asset Value: ฿0.58 (99% below median its 10-year median of 49.37)
  • GF Value™: ฿9.13 vs. price of ฿7.90 (13.5% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the BKK:SKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sikarin PCL Business Description

Address 976, Lasalle Road, Bangna Tai Subdistrict, Bangna District, Bangkok, THA, 10260
SSikarin PCL provides general healthcare services and operates under the social security system. The Group has one main operating segment, which is providing healthcare services through private hospitals and hospitals affiliated with the social security system. The Group operates in a single geographical area, which is Thailand. Its services include medical centers, a pediatric center, a women's institute, a radiology center, a neurology center, a rehabilitation center, and an orthopedic center.
84GF Score

Get the complete analysis for BKK:SKR

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

฿7.90
Price
฿9.13
GF Value