Sirisoft PCL (BKK:SRS) Net Current Asset Value: ฿1.94 (As of Mar. 2026) — 19% Above Median

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BKK:SRS Sirisoft PCL BKK:SRS
33 GF Score
Price ฿1.91
GF Value ฿4.73
Valuation Possible Value Trap
! 3 Warning Signs
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What is Sirisoft PCL Net Current Asset Value?

Sirisoft PCL BKK:SRS +0.53% 33 Net Current Asset Value is ฿1.94 as of Mar. 2026, which is 100% below its 10-year median of 1.63. GuruFocus rates BKK:SRS with a GF Score™ of 33/100 and a GF Value™ of ฿4.73 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,757 Software companies, Sirisoft PCL ranks better than 94.02% 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).

Sirisoft PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿1.94.

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

BKK:SRS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.79   Med: 1.63   Max: 3.85
Current: 0.98

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sirisoft PCL was 3.85. The lowest was 0.79. And the median was 1.63.

BKK:SRS's Price-to-Net-Current-Asset-Value is ranked better than
94.02% of 1757 companies
in the Software industry
Industry Median: 4.77 vs BKK:SRS: 0.98

Sirisoft PCL  (BKK:SRS) 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.


Sirisoft PCL Net Current Asset Value Related Terms


Sirisoft PCL Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sirisoft 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.

Sirisoft PCL Net Current Asset Value Chart

Sirisoft PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -0.26 -0.19 2.65 2.65 2.13

Sirisoft PCL Quarterly Data
Dec20 Dec21 Jun22 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 2.48 2.14 2.39 2.13 1.94

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

For the Information Technology Services subindustry, Sirisoft 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.


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

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

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


BKK:SRS
33GF Score
Sirisoft PCL BKK:SRS
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sirisoft PCL Net Current Asset Value Calculation

Sirisoft 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)
=(940.01-598.429-0-0)/160.000
=2.13

Sirisoft 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)
=(907.261-596.766-0-0)/160.000
=1.94

* 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 ฿1.94 mean?
Sirisoft PCL (BKK:SRS) has a Net Current Asset Value of ฿1.94 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 Sirisoft PCL and its competitors. This is 19% above median its historical median of 1.63. Over the past decade, Sirisoft PCL's Net Current Asset Value has ranged from 0.79 to 3.85. According to the industry distribution chart, Sirisoft PCL ranks #105 out of 1757 companies in the Software industry, placing it in the top 6%.
Is Sirisoft PCL's Net Current Asset Value too high?
Sirisoft PCL's current Net Current Asset Value of ฿1.94 is 19% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.85. Based on the distribution chart, Sirisoft PCL ranks #105 out of 1757 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Sirisoft PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sirisoft PCL's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Sirisoft PCL ranks #105 out of 1757 companies for Net Current Asset Value. This places Sirisoft PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.77. Historically, Sirisoft PCL's own Net Current Asset Value has ranged from 0.79 to 3.85 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 4.77, based on 1,757 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 Sirisoft PCL and its competitors. For the Software industry, the median Net Current Asset Value is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirisoft PCL's current Net Current Asset Value is ฿1.94, which is 19% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirisoft PCL stock overvalued right now?
Based on GuruFocus' analysis, Sirisoft PCL (BKK:SRS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.73, compared to a current price of ฿1.91 — trading 59.6% below its estimated fair value. The current Net Current Asset Value is ฿1.94, which is 19% above median its 10-year median of 1.63. Sirisoft PCL's overall GF Score™ is 33/100 with 3 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 Sirisoft PCL (BKK:SRS), the current Net Current Asset Value is ฿1.94 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 Sirisoft PCL (BKK:SRS) Overvalued in 2026?

Based on GuruFocus' analysis, Sirisoft PCL stock appears to be undervalued. The current stock price of ฿1.91 is trading 59.6% below its estimated GF Value™ of ฿4.73. GuruFocus considers Sirisoft PCL to be Possible Value Trap.

Key valuation signals for BKK:SRS:

  • Net Current Asset Value: ฿1.94 (19% above median its 10-year median of 1.63)
  • GF Value™: ฿4.73 vs. price of ฿1.91 (59.6% below fair value)
  • GF Score™: 33/100 with 3 warning signs

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


Sirisoft PCL Business Description

Address Ratchadaphisek Road, 15th Floor, 89 AIA Capital Center Building, Dindaeng district, Bangkok, THA, 10400
Sirisoft PCL is a forward-thinking IT service provider focusing on Database, Software Engineer and Application Integration, and Software Development. The company's core business capabilities are to provide end-to-end technology services from infrastructure architecture design and consulting, to day-to-day operation, conduct monitoring, performance tuning, troubleshooting and pro-active maintenance services, based on technologies that are specific to clients's requirements.
33GF Score

Get the complete analysis for BKK:SRS

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

฿1.91
Price
฿4.73
GF Value