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 Sumber Energi Andalan Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp-705.32.
The historical rank and industry rank for PT Sumber Energi Andalan Tbk's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Sumber Energi Andalan Tbk was 10800.00. The lowest was 20.67. And the median was 151.71.
ISX:ITMA's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.8 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PT Sumber Energi Andalan Tbk (ISX:ITMA) 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 Sumber Energi Andalan Tbk Net Current Asset Value Related Terms
PT Sumber Energi Andalan 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 Sumber Energi Andalan Tbk Net Current Asset Value Chart
PT Sumber Energi Andalan Tbk Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, PT Sumber Energi Andalan 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 Sumber Energi Andalan Tbk Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Sumber Energi Andalan Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Sumber Energi Andalan 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 Rp-705.32 mean?
PT Sumber Energi Andalan Tbk (ISX:ITMA) has a Net Current Asset Value of Rp-705.32 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 Sumber Energi Andalan Tbk and its competitors. Over the past decade, PT Sumber Energi Andalan Tbk's Net Current Asset Value has ranged from 20.67 to 10,800.00. According to the industry distribution chart, PT Sumber Energi Andalan Tbk ranks #999999 out of 1338 companies in the Metals & Mining industry.
Is PT Sumber Energi Andalan Tbk's Net Current Asset Value too high?
PT Sumber Energi Andalan Tbk's current Net Current Asset Value is Rp-705.32. Over the past 10 years, this metric has ranged from a low of 20.67 to a high of 10,800.00. Based on the distribution chart, PT Sumber Energi Andalan Tbk ranks #999999 out of 1338 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Sumber Energi Andalan Tbk has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Sumber Energi Andalan Tbk's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, PT Sumber Energi Andalan Tbk ranks #999999 out of 1338 companies for Net Current Asset Value. This places PT Sumber Energi Andalan Tbk in the lower half of its industry. The industry median Net Current Asset Value is 6.80. Historically, PT Sumber Energi Andalan Tbk's own Net Current Asset Value has ranged from 20.67 to 10,800.00 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.80, based on 1,338 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 Sumber Energi Andalan Tbk and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sumber Energi Andalan Tbk's current Net Current Asset Value is Rp-705.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sumber Energi Andalan Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sumber Energi Andalan Tbk (ISX:ITMA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp6,816.14, compared to a current price of Rp1,375.00 — trading 79.8% below its estimated fair value. The current Net Current Asset Value is Rp-705.32. PT Sumber Energi Andalan Tbk's overall GF Score™ is 64/100 with 4 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 Sumber Energi Andalan Tbk (ISX:ITMA), the current Net Current Asset Value is Rp-705.32 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 Sumber Energi Andalan Tbk (ISX:ITMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sumber Energi Andalan Tbk stock appears to be undervalued.
The current stock price of Rp1,375.00 is trading 79.8% below its estimated GF Value™ of Rp6,816.14.
GuruFocus considers PT Sumber Energi Andalan Tbk to be Possible Value Trap.
Key valuation signals for ISX:ITMA:
Net Current Asset Value: Rp-705.32
GF Value™: Rp6,816.14 vs. price of Rp1,375.00 (79.8% below fair value)
No single metric tells the full story. See the ISX:ITMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressJalan Mega Kuningan Barat III, Lot.10 1-6, Sopo Del Office & Lifestyle Tower B, Lantai 21, Kawasan Mega Kuningan, Jakarta Selatan, Jakarta, IDN, 12950
PT Sumber Energi Andalan Tbk is an Indonesian-based company mainly engaged in Trading, Export-Import of mining products, Perform as leveransir, wholesaler, distributor, commissioner, representative, or agency of other persons or legal entities; contractor in Engineering Procurement Construction (EPC); Providing integrated construction services, including planning, procurement, and implementation, as well as construction for works in the field of power generation and in other energy-related fields; and Performing as a contractor for Operation & Maintenance (O&M) and providing operation and maintenance services for power plant.
64GF Score
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