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).
The historical rank and industry rank for PT Indonesia Kendaraan Terminal Tbk's Net Current Asset Value or its related term are showing as below:
ISX:IPCC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.82 Med: 4.94 Max: 134.28
Current: 3.81
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Indonesia Kendaraan Terminal Tbk was 134.28. The lowest was 2.82. And the median was 4.94.
ISX:IPCC's Price-to-Net-Current-Asset-Value is ranked better than 52.23% of 358
companies
in the Transportation industry
Industry Median: 4.025
vs ISX:IPCC: 3.81
PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) 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 Indonesia Kendaraan Terminal Tbk Net Current Asset Value Related Terms
PT Indonesia Kendaraan Terminal 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 Indonesia Kendaraan Terminal Tbk Net Current Asset Value Chart
ISX:IPCC vs UPS, FDX, JBHT: Net Current Asset Value Comparison
For the Integrated Freight & Logistics subindustry, PT Indonesia Kendaraan Terminal 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 Indonesia Kendaraan Terminal Tbk Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, PT Indonesia Kendaraan Terminal Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Indonesia Kendaraan Terminal 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 Rp304.62 mean?
PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) has a Net Current Asset Value of Rp304.62 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 Indonesia Kendaraan Terminal Tbk and its competitors. This is 6066% above median its historical median of 4.94. Over the past decade, PT Indonesia Kendaraan Terminal Tbk's Net Current Asset Value has ranged from 2.82 to 134.28. According to the industry distribution chart, PT Indonesia Kendaraan Terminal Tbk ranks #171 out of 358 companies in the Transportation industry, placing it in the top 47.8%.
Is PT Indonesia Kendaraan Terminal Tbk's Net Current Asset Value too high?
PT Indonesia Kendaraan Terminal Tbk's current Net Current Asset Value of Rp304.62 is 6066% above median its 10-year median of 4.94. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 134.28. Based on the distribution chart, PT Indonesia Kendaraan Terminal Tbk ranks #171 out of 358 companies in the Transportation industry, which is above the industry midpoint. Overall, PT Indonesia Kendaraan Terminal Tbk has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indonesia Kendaraan Terminal Tbk's Net Current Asset Value compare to UPS and FDX?
According to the Transportation industry distribution chart, PT Indonesia Kendaraan Terminal Tbk ranks #171 out of 358 companies for Net Current Asset Value. This puts PT Indonesia Kendaraan Terminal Tbk in the upper half of its industry. The industry median Net Current Asset Value is 4.03. Historically, PT Indonesia Kendaraan Terminal Tbk's own Net Current Asset Value has ranged from 2.82 to 134.28 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 4.03, based on 358 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 Indonesia Kendaraan Terminal Tbk and its competitors. For the Transportation industry, the median Net Current Asset Value is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indonesia Kendaraan Terminal Tbk's current Net Current Asset Value is Rp304.62, which is 6066% above median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indonesia Kendaraan Terminal Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indonesia Kendaraan Terminal Tbk (ISX:IPCC) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp909.08, compared to a current price of Rp1,160.00 — trading 27.6% above its estimated fair value. The current Net Current Asset Value is Rp304.62, which is 6066% above median its 10-year median of 4.94. PT Indonesia Kendaraan Terminal Tbk's overall GF Score™ is 93/100 with 1 warning sign 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 Indonesia Kendaraan Terminal Tbk (ISX:IPCC), the current Net Current Asset Value is Rp304.62 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 Indonesia Kendaraan Terminal Tbk (ISX:IPCC) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indonesia Kendaraan Terminal Tbk stock appears to be overvalued.
The current stock price of Rp1,160.00 is trading 27.6% above its estimated GF Value™ of Rp909.08.
GuruFocus considers PT Indonesia Kendaraan Terminal Tbk to be Modestly Overvalued.
Key valuation signals for ISX:IPCC:
Net Current Asset Value: Rp304.62 (6066% above median its 10-year median of 4.94)
GF Value™: Rp909.08 vs. price of Rp1,160.00 (27.6% above fair value)
No single metric tells the full story. See the ISX:IPCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indonesia Kendaraan Terminal Tbk Business Description
PT Indonesia Kendaraan Terminal Tbk is an Indonesia-based company that engages in the provision of vehicle terminal services and goods services. The company offers stevedoring, cargodoring, receiving, delivery, terminal Handling, value-added services, sea toll Services, and other loading and unloading services. The company operates in two segments namely terminal services & cargo services; miscellaneous, facilities & utility services, and non-segment, from which, terminal services & cargo services account for the majority of the revenue. The company's geographical segments include Jakarta, North Sumatra, South Sulawes, West Kalimatan, East Kalimatan, South Kalimatan, and East Java, out of which the majority of the revenue is generated from Jakarta.
93GF Score
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