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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).
Raffles Interior's net current asset value per share for the quarter that ended in Jun. 2025 was HK$0.03.
The historical rank and industry rank for Raffles Interior's Net Current Asset Value or its related term are showing as below:
HKSE:01376'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.27 Med: 2.55 Max: 17.2
Current: 3.2
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Raffles Interior was 17.20. The lowest was 1.27. And the median was 2.55.
HKSE:01376's Price-to-Net-Current-Asset-Value is not ranked
in the Construction industry.
Industry Median: 3.4
vs HKSE:01376: 3.20
Raffles Interior (HKSE:01376) 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.
Raffles Interior Net Current Asset Value Related Terms
Raffles Interior Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Raffles Interior'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.
HKSE:01376 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Raffles Interior'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.
Raffles Interior Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Raffles Interior's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Raffles Interior'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 HK$0.03 mean?
Raffles Interior (HKSE:01376) has a Net Current Asset Value of HK$0.03 as of Jun. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Raffles Interior and its competitors.
Is Raffles Interior's Net Current Asset Value too high?
Raffles Interior's current Net Current Asset Value is HK$0.03.
How does Raffles Interior's Net Current Asset Value compare to PWR and FIX?
Raffles Interior's Net Current Asset Value of HK$0.03 can be compared against companies in the Construction industry. The industry median Net Current Asset Value is 3.40. 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 3.40, based on 1,073 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 Raffles Interior and its competitors. For the Construction industry, the median Net Current Asset Value is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raffles Interior's current Net Current Asset Value is HK$0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffles Interior stock overvalued right now?
Raffles Interior (HKSE:01376) has a current Net Current Asset Value of HK$0.03. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.10 — trading 4% below its estimated fair value. The current Net Current Asset Value is HK$0.03. 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 Raffles Interior (HKSE:01376), the current Net Current Asset Value is HK$0.03 as of Jun. 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.
Raffles Interior Ltd is a Singapore-based investment holding company. The Group is an interior fitting-out services provider in Singapore. Its interior fitting-out services include project management and construction management of the interior fitting-out projects; construction and installation of interior fitting-out works; customizing, manufacturing and supplying of carpentry/joinery and integral fixtures; and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.
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