Galaxy Payroll GroupGLXG -9.49%21 Net Current Asset Value is $1.48 as of Dec. 2025, which is 53% below its 10-year median of 3.12. GuruFocus rates GLXG with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 624 Business Services companies, Galaxy Payroll Group ranks better than 92.31% 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).
Galaxy Payroll Group's net current asset value per share for the quarter that ended in Dec. 2025 was $1.48.
The historical rank and industry rank for Galaxy Payroll Group's Net Current Asset Value or its related term are showing as below:
GLXG'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.83 Med: 3.12 Max: 3.68
Current: 0.84
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Galaxy Payroll Group was 3.68. The lowest was 0.83. And the median was 3.12.
GLXG's Price-to-Net-Current-Asset-Value is ranked better than 92.31% of 624
companies
in the Business Services industry
Industry Median: 3.7
vs GLXG: 0.84
Galaxy Payroll Group (NAS:GLXG) 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.
Galaxy Payroll Group Net Current Asset Value Related Terms
Galaxy Payroll Group Net Current Asset Value Historical Data
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The historical data trend for Galaxy Payroll Group'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.
Galaxy Payroll Group Net Current Asset Value Chart
GLXG vs IPDN, RLBY, GXXM: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, Galaxy Payroll Group'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.
Galaxy Payroll Group Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, Galaxy Payroll Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Galaxy Payroll Group'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 $1.48 mean?
Galaxy Payroll Group (GLXG) has a Net Current Asset Value of $1.48 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 Galaxy Payroll Group and its competitors. This is 53% below median its historical median of 3.12. Over the past decade, Galaxy Payroll Group's Net Current Asset Value has ranged from 0.83 to 3.68. According to the industry distribution chart, Galaxy Payroll Group ranks #48 out of 624 companies in the Business Services industry, placing it in the top 7.7%.
Is Galaxy Payroll Group's Net Current Asset Value too high?
Galaxy Payroll Group's current Net Current Asset Value of $1.48 is 53% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.68. The Business Services industry median Net Current Asset Value is 3.70. Galaxy Payroll Group's value of $1.48 is 60% below this industry median. Based on the distribution chart, Galaxy Payroll Group ranks #48 out of 624 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Galaxy Payroll Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Payroll Group's Net Current Asset Value compare to IPDN and RLBY?
According to the Business Services industry distribution chart, Galaxy Payroll Group ranks #48 out of 624 companies for Net Current Asset Value. This places Galaxy Payroll Group in the top 8% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.70. Galaxy Payroll Group's value of $1.48 is 60% below this benchmark. Historically, Galaxy Payroll Group's own Net Current Asset Value has ranged from 0.83 to 3.68 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 3.70, Galaxy Payroll Group 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.70, based on 624 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. Galaxy Payroll Group's current Net Current Asset Value of $1.48 is 60% 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 Galaxy Payroll Group and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Payroll Group's current Net Current Asset Value is $1.48, which is 53% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Payroll Group stock overvalued right now?
Galaxy Payroll Group (GLXG) has a current Net Current Asset Value of $1.48. The current Net Current Asset Value is $1.48, which is 53% below median its 10-year median of 3.12 and 60% below the Business Services industry median of 3.70. Galaxy Payroll Group's overall GF Score™ is 21/100 with 2 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 Galaxy Payroll Group (GLXG), the current Net Current Asset Value is $1.48 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.
Galaxy Payroll Group Ltd provides payroll outsourcing and employment services based in Hong Kong, serving three customer groups: (i) global human resources service providers managing payroll and employment for branch offices; (ii) multinational companies outsourcing these functions directly; and (iii) end-users consulting for future worldwide expansion. Payroll outsourcing is offered in the PRC, Hong Kong, Taiwan, and Macau, while employment services cover the PRC, Hong Kong, Japan, Taiwan, and Macau. Customers include both indirect clients through channels and direct clients. Revenues are generated from subsidiaries in Taiwan, Macau, Hong Kong, the PRC, and others.
21GF Score
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