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Kinetix Systems HoldingsHKSE:08606 Net Current Asset Value is HK$0.04 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,759 Software companies, Kinetix Systems Holdings ranks better than 91.47% 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).
Kinetix Systems 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 Kinetix Systems Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:08606'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.89 Med: 2.18 Max: 6.85
Current: 1.25
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kinetix Systems Holdings was 6.85. The lowest was 0.89. And the median was 2.18.
HKSE:08606's Price-to-Net-Current-Asset-Value is ranked better than 91.47% of 1759
companies
in the Software industry
Industry Median: 5.05
vs HKSE:08606: 1.25
Kinetix Systems Holdings (HKSE:08606) 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.
Kinetix Systems Holdings Net Current Asset Value Related Terms
Kinetix Systems Holdings Net Current Asset Value Historical Data
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The historical data trend for Kinetix Systems 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.
Kinetix Systems Holdings Net Current Asset Value Chart
HKSE:08606 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Kinetix Systems 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.
Kinetix Systems Holdings Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Kinetix Systems Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kinetix Systems Holdings'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$0.04 mean?
Kinetix Systems Holdings (HKSE:08606) 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 Kinetix Systems Holdings and its competitors. According to the industry distribution chart, Kinetix Systems Holdings ranks #150 out of 1759 companies in the Software industry, placing it in the top 8.5%.
Is Kinetix Systems Holdings' Net Current Asset Value too high?
Kinetix Systems Holdings' current Net Current Asset Value is HK$0.04. Based on the distribution chart, Kinetix Systems Holdings ranks #150 out of 1759 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Kinetix Systems Holdings' Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Kinetix Systems Holdings ranks #150 out of 1759 companies for Net Current Asset Value. This places Kinetix Systems Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.05. 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 5.05, based on 1,759 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 Kinetix Systems Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetix Systems Holdings's current Net Current Asset Value is HK$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetix Systems Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kinetix Systems Holdings (HKSE:08606) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.05 — trading 50% below its estimated fair value. The current Net Current Asset Value is HK$0.04. 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 Kinetix Systems Holdings (HKSE:08606), 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.
Kinetix Systems Holdings Ltd is an Information Technology (IT) services provider. The company operates in three segments, which include the Provision of IT infrastructure solutions services, the Provision of IT development solutions services, and the Provision of IT maintenance and support services. The majority of its revenue comes from the IT infrastructure solutions services segment, which includes IT infrastructure, procurement of hardware and software, installation and testing & integration services, and system analysis & design, software development, and technology consultancy. Its geographical segments are Hong Kong, Macau, Singapore, and the United Kingdom, of which the vast majority of its revenue comes from Hong Kong.
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