PT FKS Multi Agro TbkISX:FISH 72 Net Current Asset Value is Rp98.29 as of Mar. 2026, which is 100% below its 10-year median of 8.80. GuruFocus rates ISX:FISH with a GF Score™ of 72/100 and a GF Value™ of Rp761.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 135 Retail - Defensive companies, PT FKS Multi Agro Tbk ranks worse than 69.63% 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).
PT FKS Multi Agro Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp98.29.
The historical rank and industry rank for PT FKS Multi Agro Tbk's Net Current Asset Value or its related term are showing as below:
ISX:FISH'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.99 Med: 8.8 Max: 388.1
Current: 6.56
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT FKS Multi Agro Tbk was 388.10. The lowest was 2.99. And the median was 8.80.
ISX:FISH's Price-to-Net-Current-Asset-Value is ranked worse than 69.63% of 135
companies
in the Retail - Defensive industry
Industry Median: 3.36
vs ISX:FISH: 6.56
PT FKS Multi Agro Tbk (ISX:FISH) 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 FKS Multi Agro Tbk Net Current Asset Value Related Terms
PT FKS Multi Agro Tbk Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PT FKS Multi Agro Tbk'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.
PT FKS Multi Agro Tbk Net Current Asset Value Chart
ISX:FISH vs ADM, BG, TSN: Net Current Asset Value Comparison
For the Food Distribution subindustry, PT FKS Multi Agro 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 FKS Multi Agro Tbk Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, PT FKS Multi Agro Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT FKS Multi Agro Tbk'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 Rp98.29 mean?
PT FKS Multi Agro Tbk (ISX:FISH) has a Net Current Asset Value of Rp98.29 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 FKS Multi Agro Tbk and its competitors. This is 1017% above median its historical median of 8.80. Over the past decade, PT FKS Multi Agro Tbk's Net Current Asset Value has ranged from 2.99 to 388.10. According to the industry distribution chart, PT FKS Multi Agro Tbk ranks #94 out of 135 companies in the Retail - Defensive industry, placing it in the top 69.6%.
Is PT FKS Multi Agro Tbk's Net Current Asset Value too high?
PT FKS Multi Agro Tbk's current Net Current Asset Value of Rp98.29 is 1017% above median its 10-year median of 8.80. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 388.10. Based on the distribution chart, PT FKS Multi Agro Tbk ranks #94 out of 135 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, PT FKS Multi Agro Tbk has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT FKS Multi Agro Tbk's Net Current Asset Value compare to ADM and BG?
According to the Retail - Defensive industry distribution chart, PT FKS Multi Agro Tbk ranks #94 out of 135 companies for Net Current Asset Value. This places PT FKS Multi Agro Tbk in the lower half of its industry. The industry median Net Current Asset Value is 3.36. Historically, PT FKS Multi Agro Tbk's own Net Current Asset Value has ranged from 2.99 to 388.10 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 Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.36, based on 135 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 FKS Multi Agro Tbk and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT FKS Multi Agro Tbk's current Net Current Asset Value is Rp98.29, which is 1017% above median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT FKS Multi Agro Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT FKS Multi Agro Tbk (ISX:FISH) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp761.20, compared to a current price of Rp645.00 — trading 15.3% below its estimated fair value. The current Net Current Asset Value is Rp98.29, which is 1017% above median its 10-year median of 8.80. PT FKS Multi Agro Tbk's overall GF Score™ is 72/100 with 5 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 FKS Multi Agro Tbk (ISX:FISH), the current Net Current Asset Value is Rp98.29 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 FKS Multi Agro Tbk (ISX:FISH) Overvalued in 2026?
Based on GuruFocus' analysis, PT FKS Multi Agro Tbk stock appears to be undervalued.
The current stock price of Rp645.00 is trading 15.3% below its estimated GF Value™ of Rp761.20.
GuruFocus considers PT FKS Multi Agro Tbk to be Modestly Undervalued.
Key valuation signals for ISX:FISH:
Net Current Asset Value: Rp98.29 (1017% above median its 10-year median of 8.80)
GF Value™: Rp761.20 vs. price of Rp645.00 (15.3% below fair value)
No single metric tells the full story. See the ISX:FISH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT FKS Multi Agro Tbk is engaged in the distribution and trading of grains, oilseeds, and feed ingredients. It supplies oilseed meals, animal protein meals, and co-products of grain milling for the animal feed industry. The company deals with food products such as rice, soybeans, and cooking oil. In addition, the company also provides a logistics solution for the importation and distribution of dry bulk commodities. The group's business activities are classified into three business segments, consisting of Trading and distribution, Manufacturing and logistics, of which the majority of the revenue is derived from the Trading and distribution segment. The organization generates key revenue from Indonesia.
72GF Score
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