PT Mandiri Herindo Adiperkasa TbkISX:MAHA 79 Net Current Asset Value is Rp5.11 as of Mar. 2026, which is 100% below its 10-year median of 28.77. GuruFocus rates ISX:MAHA with a GF Score™ of 79/100 and a GF Value™ of Rp231.36 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 359 Transportation companies, PT Mandiri Herindo Adiperkasa Tbk ranks worse than 89.14% 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).
The historical rank and industry rank for PT Mandiri Herindo Adiperkasa Tbk's Net Current Asset Value or its related term are showing as below:
ISX:MAHA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 14.42 Med: 28.77 Max: 1323.08
Current: 27.2
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Mandiri Herindo Adiperkasa Tbk was 1323.08. The lowest was 14.42. And the median was 28.77.
ISX:MAHA's Price-to-Net-Current-Asset-Value is ranked worse than 89.14% of 359
companies
in the Transportation industry
Industry Median: 3.96
vs ISX:MAHA: 27.20
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Net Current Asset Value Related Terms
PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Net Current Asset Value Chart
ISX:MAHA vs ODFL, XPO, KNX: Net Current Asset Value Comparison
For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Mandiri Herindo Adiperkasa 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 Rp5.11 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Net Current Asset Value of Rp5.11 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 Mandiri Herindo Adiperkasa Tbk and its competitors. This is 82% below median its historical median of 28.77. Over the past decade, PT Mandiri Herindo Adiperkasa Tbk's Net Current Asset Value has ranged from 14.42 to 1,323.08. According to the industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #320 out of 359 companies in the Transportation industry, placing it in the top 89.1%.
Is PT Mandiri Herindo Adiperkasa Tbk's Net Current Asset Value too high?
PT Mandiri Herindo Adiperkasa Tbk's current Net Current Asset Value of Rp5.11 is 82% below median its 10-year median of 28.77. Over the past 10 years, this metric has ranged from a low of 14.42 to a high of 1,323.08. Based on the distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #320 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Net Current Asset Value compare to ODFL and XPO?
According to the Transportation industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #320 out of 359 companies for Net Current Asset Value. This places PT Mandiri Herindo Adiperkasa Tbk in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Historically, PT Mandiri Herindo Adiperkasa Tbk's own Net Current Asset Value has ranged from 14.42 to 1,323.08 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 3.96, based on 359 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 Mandiri Herindo Adiperkasa Tbk and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Mandiri Herindo Adiperkasa Tbk's current Net Current Asset Value is Rp5.11, which is 82% below median its own 10-year median of 28.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp231.36, compared to a current price of Rp139.00 — trading 39.9% below its estimated fair value. The current Net Current Asset Value is Rp5.11, which is 82% below median its 10-year median of 28.77. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 79/100 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Net Current Asset Value is Rp5.11 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued.
The current stock price of Rp139.00 is trading 39.9% below its estimated GF Value™ of Rp231.36.
GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.
Key valuation signals for ISX:MAHA:
Net Current Asset Value: Rp5.11 (82% below median its 10-year median of 28.77)
GF Value™: Rp231.36 vs. price of Rp139.00 (39.9% below fair value)
No single metric tells the full story. See the ISX:MAHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Mandiri Herindo Adiperkasa Tbk Business Description
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
79GF Score
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