Boustead SingaporeBSTGF 58 Net Current Asset Value is $0.36 as of Mar. 2026, which is 95% below its 10-year median of 6.71. GuruFocus rates BSTGF with a GF Score™ of 58/100. The stock has 4 warning signs investors should review. Among 219 Conglomerates companies, Boustead Singapore ranks worse than 52.05% 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).
Boustead Singapore's net current asset value per share for the quarter that ended in Mar. 2026 was $0.36.
The historical rank and industry rank for Boustead Singapore's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Boustead Singapore was 39.50. The lowest was 4.04. And the median was 6.71.
BSTGF's Price-to-Net-Current-Asset-Value is not ranked *
in the Conglomerates industry.
Industry Median: 4.21 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Boustead Singapore (OTCPK:BSTGF) 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.
Boustead Singapore Net Current Asset Value Related Terms
Boustead Singapore Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Boustead Singapore'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.
BSTGF vs HON, MMM: Net Current Asset Value Comparison
For the Conglomerates subindustry, Boustead Singapore'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.
Boustead Singapore Price-to-Net-Current-Asset-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boustead Singapore's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Boustead Singapore'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 $0.36 mean?
Boustead Singapore (BSTGF) has a Net Current Asset Value of $0.36 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 Boustead Singapore and its competitors. This is 95% below median its historical median of 6.71. Over the past decade, Boustead Singapore's Net Current Asset Value has ranged from 4.04 to 39.50. According to the industry distribution chart, Boustead Singapore ranks #114 out of 219 companies in the Conglomerates industry, placing it in the top 52.1%.
Is Boustead Singapore's Net Current Asset Value too high?
Boustead Singapore's current Net Current Asset Value of $0.36 is 95% below median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 39.50. The Conglomerates industry median Net Current Asset Value is 4.21. Boustead Singapore's value of $0.36 is 91.4% below this industry median. Based on the distribution chart, Boustead Singapore ranks #114 out of 219 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Boustead Singapore has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's Net Current Asset Value compare to HON and MMM?
According to the Conglomerates industry distribution chart, Boustead Singapore ranks #114 out of 219 companies for Net Current Asset Value. This places Boustead Singapore in the lower half of its industry. The industry median Net Current Asset Value is 4.21. Boustead Singapore's value of $0.36 is 91.4% below this benchmark. Historically, Boustead Singapore's own Net Current Asset Value has ranged from 4.04 to 39.50 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 4.21, Boustead Singapore has consistently been below the industry average. 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 Conglomerates company?
The median Net Current Asset Value among Conglomerates companies is 4.21, based on 219 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. Boustead Singapore's current Net Current Asset Value of $0.36 is 91.4% below the industry median. 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 Boustead Singapore and its competitors. For the Conglomerates industry, the median Net Current Asset Value is 4.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boustead Singapore's current Net Current Asset Value is $0.36, which is 95% below median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Boustead Singapore (BSTGF) has a current Net Current Asset Value of $0.36. The current Net Current Asset Value is $0.36, which is 95% below median its 10-year median of 6.71 and 91.4% below the Conglomerates industry median of 4.21. Boustead Singapore's overall GF Score™ is 58/100 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 Boustead Singapore (BSTGF), the current Net Current Asset Value is $0.36 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.
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
58GF Score
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