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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).
ISX:CARS's Price-to-Net-Current-Asset-Value is not ranked *
in the Vehicles & Parts industry.
Industry Median: 4.55 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) 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.
PT Industri Dan Perdagangan Bintraco Dharma Tbk Net Current Asset Value Related Terms
PT Industri Dan Perdagangan Bintraco Dharma Tbk Net Current Asset Value Historical Data
* 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.
PT Industri Dan Perdagangan Bintraco Dharma Tbk Net Current Asset Value Chart
PT Industri Dan Perdagangan Bintraco Dharma Tbk Annual Data
ISX:CARS vs CVNA, PAG, KMX: Net Current Asset Value Comparison
For the Auto & Truck Dealerships subindustry, PT Industri Dan Perdagangan Bintraco Dharma Tbk'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.
PT Industri Dan Perdagangan Bintraco Dharma Tbk Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
* 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 Rp-32.16 mean?
PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) has a Net Current Asset Value of Rp-32.16 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 PT Industri Dan Perdagangan Bintraco Dharma Tbk and its competitors. Over the past decade, PT Industri Dan Perdagangan Bintraco Dharma Tbk's Net Current Asset Value has ranged from 10.40 to 67.77. According to the industry distribution chart, PT Industri Dan Perdagangan Bintraco Dharma Tbk ranks #999999 out of 704 companies in the Vehicles & Parts industry.
Is PT Industri Dan Perdagangan Bintraco Dharma Tbk's Net Current Asset Value too high?
PT Industri Dan Perdagangan Bintraco Dharma Tbk's current Net Current Asset Value is Rp-32.16. Over the past 10 years, this metric has ranged from a low of 10.40 to a high of 67.77. Based on the distribution chart, PT Industri Dan Perdagangan Bintraco Dharma Tbk ranks #999999 out of 704 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, PT Industri Dan Perdagangan Bintraco Dharma Tbk has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Industri Dan Perdagangan Bintraco Dharma Tbk's Net Current Asset Value compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, PT Industri Dan Perdagangan Bintraco Dharma Tbk ranks #999999 out of 704 companies for Net Current Asset Value. This places PT Industri Dan Perdagangan Bintraco Dharma Tbk in the lower half of its industry. The industry median Net Current Asset Value is 4.55. Historically, PT Industri Dan Perdagangan Bintraco Dharma Tbk's own Net Current Asset Value has ranged from 10.40 to 67.77 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.55, based on 704 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 PT Industri Dan Perdagangan Bintraco Dharma Tbk and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Industri Dan Perdagangan Bintraco Dharma Tbk's current Net Current Asset Value is Rp-32.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Industri Dan Perdagangan Bintraco Dharma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp67.12, compared to a current price of Rp91.00 — trading 35.6% above its estimated fair value. The current Net Current Asset Value is Rp-32.16. PT Industri Dan Perdagangan Bintraco Dharma Tbk's overall GF Score™ is 71/100 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 PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS), the current Net Current Asset Value is Rp-32.16 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.
Is PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Industri Dan Perdagangan Bintraco Dharma Tbk stock appears to be overvalued.
The current stock price of Rp91.00 is trading 35.6% above its estimated GF Value™ of Rp67.12.
GuruFocus considers PT Industri Dan Perdagangan Bintraco Dharma Tbk to be Significantly Overvalued.
Key valuation signals for ISX:CARS:
Net Current Asset Value: Rp-32.16
GF Value™: Rp67.12 vs. price of Rp91.00 (35.6% above fair value)
No single metric tells the full story. See the ISX:CARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company engaged in automotive, financing, and other businesses. Its services include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. It also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, Automotive, Financing, and After-sales services. It generates the majority of its revenue from the Automotive segment.
71GF Score
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