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PT Hartadinata Abadi TbkISX:HRTA -2.29%98 Net Current Asset Value is Rp640.71 as of Mar. 2026, which is 100% below its 10-year median of 1.10. GuruFocus rates ISX:HRTA with a GF Score™ of 98/100 and a GF Value™ of Rp2,018.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 561 Retail - Cyclical companies, PT Hartadinata Abadi Tbk ranks better than 50.98% 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 Hartadinata Abadi Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp640.71.
The historical rank and industry rank for PT Hartadinata Abadi Tbk's Net Current Asset Value or its related term are showing as below:
ISX:HRTA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.64 Med: 1.1 Max: 3.92
Current: 3
During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Hartadinata Abadi Tbk was 3.92. The lowest was 0.64. And the median was 1.10.
ISX:HRTA's Price-to-Net-Current-Asset-Value is ranked better than 50.98% of 561
companies
in the Retail - Cyclical industry
Industry Median: 3.11
vs ISX:HRTA: 3.00
PT Hartadinata Abadi Tbk (ISX:HRTA) 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 Hartadinata Abadi Tbk Net Current Asset Value Related Terms
PT Hartadinata Abadi Tbk Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PT Hartadinata Abadi 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 Hartadinata Abadi Tbk Net Current Asset Value Chart
ISX:HRTA vs TPR: Net Current Asset Value Comparison
For the Luxury Goods subindustry, PT Hartadinata Abadi 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 Hartadinata Abadi Tbk Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PT Hartadinata Abadi Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Hartadinata Abadi 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 Rp640.71 mean?
PT Hartadinata Abadi Tbk (ISX:HRTA) has a Net Current Asset Value of Rp640.71 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 Hartadinata Abadi Tbk and its competitors. This is 58146% above median its historical median of 1.10. Over the past decade, PT Hartadinata Abadi Tbk's Net Current Asset Value has ranged from 0.64 to 3.92. According to the industry distribution chart, PT Hartadinata Abadi Tbk ranks #275 out of 561 companies in the Retail - Cyclical industry, placing it in the top 49%.
Is PT Hartadinata Abadi Tbk's Net Current Asset Value too high?
PT Hartadinata Abadi Tbk's current Net Current Asset Value of Rp640.71 is 58146% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.92. Based on the distribution chart, PT Hartadinata Abadi Tbk ranks #275 out of 561 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PT Hartadinata Abadi Tbk has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Hartadinata Abadi Tbk's Net Current Asset Value compare to TPR?
According to the Retail - Cyclical industry distribution chart, PT Hartadinata Abadi Tbk ranks #275 out of 561 companies for Net Current Asset Value. This puts PT Hartadinata Abadi Tbk in the upper half of its industry. The industry median Net Current Asset Value is 3.11. Historically, PT Hartadinata Abadi Tbk's own Net Current Asset Value has ranged from 0.64 to 3.92 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 - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 561 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 Hartadinata Abadi Tbk and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Hartadinata Abadi Tbk's current Net Current Asset Value is Rp640.71, which is 58146% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Hartadinata Abadi Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Hartadinata Abadi Tbk (ISX:HRTA) is currently considered Fairly Valued. The stock's GF Value™ is Rp2,018.47, compared to a current price of Rp1,920.00 — trading 4.9% below its estimated fair value. The current Net Current Asset Value is Rp640.71, which is 58146% above median its 10-year median of 1.10. PT Hartadinata Abadi Tbk's overall GF Score™ is 98/100 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 Hartadinata Abadi Tbk (ISX:HRTA), the current Net Current Asset Value is Rp640.71 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 Hartadinata Abadi Tbk (ISX:HRTA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Hartadinata Abadi Tbk stock appears to be undervalued.
The current stock price of Rp1,920.00 is trading 4.9% below its estimated GF Value™ of Rp2,018.47.
GuruFocus considers PT Hartadinata Abadi Tbk to be Fairly Valued.
Key valuation signals for ISX:HRTA:
Net Current Asset Value: Rp640.71 (58146% above median its 10-year median of 1.10)
GF Value™: Rp2,018.47 vs. price of Rp1,920.00 (4.9% below fair value)
No single metric tells the full story. See the ISX:HRTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Hartadinata Abadi Tbk is in the gold jewelry manufacturing industry. It produces various products of gold jewelry such as necklaces, rings, pendants, earrings, and bracelets with various content. Its business segments include Wholesale, Pawns, Retail, Sales to Partners Segment, and Refining Services. It derives its revenue from the Wholesaler segment.
98GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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