BitStrat Holdings (HKSE:06113) Net Current Asset Value: HK$0.04 (As of Dec. 2025) — 99% Below Median

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HKSE:06113 BitStrat Holdings Ltd HKSE:06113
74 GF Score
Price HK$1.48
GF Value HK$1.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is BitStrat Holdings Net Current Asset Value?

BitStrat Holdings HKSE:06113 +2.07% 74 Net Current Asset Value is HK$0.04 as of Dec. 2025, which is 100% below its 10-year median of 4.71. GuruFocus rates HKSE:06113 with a GF Score™ of 74/100 and a GF Value™ of HK$1.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 536 Media - Diversified companies, BitStrat Holdings ranks worse than 94.59% 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).

BitStrat Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.04.

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

HKSE:06113' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.26   Med: 4.71   Max: 47.75
Current: 37

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of BitStrat Holdings was 47.75. The lowest was 3.26. And the median was 4.71.

HKSE:06113's Price-to-Net-Current-Asset-Value is ranked worse than
94.59% of 536 companies
in the Media - Diversified industry
Industry Median: 2.84 vs HKSE:06113: 37.00

BitStrat Holdings  (HKSE:06113) 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.


BitStrat Holdings Net Current Asset Value Related Terms


BitStrat Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for BitStrat Holdings'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.

BitStrat Holdings Net Current Asset Value Chart

BitStrat Holdings 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 0.27 0.17 0.15 0.15 0.04

BitStrat Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.15 0.14 0.15 0.18 0.04

HKSE:06113 vs APP, OMC, TTD: Net Current Asset Value Comparison

For the Advertising Agencies subindustry, BitStrat Holdings'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.


BitStrat Holdings Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BitStrat Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


HKSE:06113
74GF Score
BitStrat Holdings Ltd HKSE:06113
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BitStrat Holdings Net Current Asset Value Calculation

BitStrat Holdings'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)
=(123.35-107.961-0-0)/400.000
=0.04

BitStrat Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(123.35-107.961-0-0)/400.000
=0.04

* 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$0.04 mean?
BitStrat Holdings (HKSE:06113) has a Net Current Asset Value of HK$0.04 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 BitStrat Holdings and its competitors. This is 99% below median its historical median of 4.71. Over the past decade, BitStrat Holdings' Net Current Asset Value has ranged from 3.26 to 47.75. According to the industry distribution chart, BitStrat Holdings ranks #507 out of 536 companies in the Media - Diversified industry, placing it in the top 94.6%.
Is BitStrat Holdings' Net Current Asset Value too high?
BitStrat Holdings' current Net Current Asset Value of HK$0.04 is 99% below median its 10-year median of 4.71. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 47.75. Based on the distribution chart, BitStrat Holdings ranks #507 out of 536 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, BitStrat Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BitStrat Holdings' Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, BitStrat Holdings ranks #507 out of 536 companies for Net Current Asset Value. This places BitStrat Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.84. Historically, BitStrat Holdings' own Net Current Asset Value has ranged from 3.26 to 47.75 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.84, based on 536 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 BitStrat Holdings and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BitStrat Holdings's current Net Current Asset Value is HK$0.04, which is 99% below median its own 10-year median of 4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BitStrat Holdings stock overvalued right now?
Based on GuruFocus' analysis, BitStrat Holdings (HKSE:06113) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.13, compared to a current price of HK$1.48 — trading 31% above its estimated fair value. The current Net Current Asset Value is HK$0.04, which is 99% below median its 10-year median of 4.71. BitStrat Holdings' overall GF Score™ is 74/100 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 BitStrat Holdings (HKSE:06113), the current Net Current Asset Value is HK$0.04 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.

Is BitStrat Holdings (HKSE:06113) Overvalued in 2026?

Based on GuruFocus' analysis, BitStrat Holdings stock appears to be overvalued. The current stock price of HK$1.48 is trading 31% above its estimated GF Value™ of HK$1.13. GuruFocus considers BitStrat Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06113:

  • Net Current Asset Value: HK$0.04 (99% below median its 10-year median of 4.71)
  • GF Value™: HK$1.13 vs. price of HK$1.48 (31% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the HKSE:06113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BitStrat Holdings Business Description

Address Plaza See Hoy Chan, Jalan Raja Chulan, 23rd Floor, Kuala Lumpur, SGR, MYS, 50200
BitStrat Holdings Ltd is an investment holding company. It principally provides outbound telemarketing services and contact centre facilities for the promotion of financial products and related activities issued by authorized financial institutions, card companies, or organisations around the world. The company caters to Insurance, Banking, and finance, and Other industries, of which prime revenue is derived from the Insurance sector. The company operates in two segments: Investment-related businesses-Engaged in investing activities in Hong Kong, and Telemarketing services business-Provision of outbound marketing services in Malaysia. The majority of its revenue is generated from the telemarketing services segment. Geographically, the company operates in Hong Kong and Malaysia.
74GF Score

Get the complete analysis for HKSE:06113

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

HK$1.48
Price
HK$1.13
GF Value