PT Sinar Terang Mandiri Tbk (ISX:MINE) Net Current Asset Value: Rp19.51 (As of Mar. 2026) — 14% Above Median

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ISX:MINE PT Sinar Terang Mandiri Tbk ISX:MINE
12 GF Score
Price Rp226.00
! 2 Warning Signs
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What is PT Sinar Terang Mandiri Tbk Net Current Asset Value?

PT Sinar Terang Mandiri Tbk ISX:MINE +1.80% 12 Net Current Asset Value is Rp19.51 as of Mar. 2026, which is 100% below its 10-year median of 17.12. GuruFocus rates ISX:MINE with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 1,346 Metals & Mining companies, PT Sinar Terang Mandiri Tbk ranks worse than 69.54% 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 Sinar Terang Mandiri Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp19.51.

The historical rank and industry rank for PT Sinar Terang Mandiri Tbk's Net Current Asset Value or its related term are showing as below:

ISX:MINE' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.17   Med: 17.12   Max: 17.12
Current: 11.58

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Sinar Terang Mandiri Tbk was 17.12. The lowest was 11.17. And the median was 17.12.

ISX:MINE's Price-to-Net-Current-Asset-Value is ranked worse than
69.54% of 1346 companies
in the Metals & Mining industry
Industry Median: 6.54 vs ISX:MINE: 11.58

PT Sinar Terang Mandiri Tbk  (ISX:MINE) 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 Graham’s 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 Sinar Terang Mandiri Tbk Net Current Asset Value Related Terms


PT Sinar Terang Mandiri Tbk Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PT Sinar Terang Mandiri 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 Sinar Terang Mandiri Tbk Net Current Asset Value Chart

PT Sinar Terang Mandiri Tbk Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
-84.02 -42.01 -6.63 -14.55 -13.18

PT Sinar Terang Mandiri Tbk Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.23 -38.44 -41.31 -13.18 19.51

PT Sinar Terang Mandiri Tbk Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Sinar Terang Mandiri 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 Sinar Terang Mandiri Tbk Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Sinar Terang Mandiri Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where PT Sinar Terang Mandiri Tbk's Price-to-Net-Current-Asset-Value falls into.


ISX:MINE
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PT Sinar Terang Mandiri Tbk ISX:MINE
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PT Sinar Terang Mandiri Tbk Net Current Asset Value Calculation

PT Sinar Terang Mandiri Tbk's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1088513-1142353-0-0)/4084.435
=-13.18

PT Sinar Terang Mandiri Tbk's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1068691-989016-0-0)/4084.435
=19.51

* 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 Rp19.51 mean?
PT Sinar Terang Mandiri Tbk (ISX:MINE) has a Net Current Asset Value of Rp19.51 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 Sinar Terang Mandiri Tbk and its competitors. This is 14% above median its historical median of 17.12. Over the past decade, PT Sinar Terang Mandiri Tbk's Net Current Asset Value has ranged from 11.17 to 17.12. According to the industry distribution chart, PT Sinar Terang Mandiri Tbk ranks #936 out of 1346 companies in the Metals & Mining industry, placing it in the top 69.5%.
Is PT Sinar Terang Mandiri Tbk's Net Current Asset Value too high?
PT Sinar Terang Mandiri Tbk's current Net Current Asset Value of Rp19.51 is 14% above median its 10-year median of 17.12. Over the past 10 years, this metric has ranged from a low of 11.17 to a high of 17.12. Based on the distribution chart, PT Sinar Terang Mandiri Tbk ranks #936 out of 1346 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, PT Sinar Terang Mandiri Tbk has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Terang Mandiri Tbk's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, PT Sinar Terang Mandiri Tbk ranks #936 out of 1346 companies for Net Current Asset Value. This places PT Sinar Terang Mandiri Tbk in the lower half of its industry. The industry median Net Current Asset Value is 6.54. Historically, PT Sinar Terang Mandiri Tbk's own Net Current Asset Value has ranged from 11.17 to 17.12 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 6.54, based on 1,346 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 Sinar Terang Mandiri Tbk and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sinar Terang Mandiri Tbk's current Net Current Asset Value is Rp19.51, which is 14% above median its own 10-year median of 17.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Terang Mandiri Tbk stock overvalued right now?
PT Sinar Terang Mandiri Tbk (ISX:MINE) has a current Net Current Asset Value of Rp19.51. The current Net Current Asset Value is Rp19.51, which is 14% above median its 10-year median of 17.12. PT Sinar Terang Mandiri Tbk's overall GF Score™ is 12/100 with 2 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 Sinar Terang Mandiri Tbk (ISX:MINE), the current Net Current Asset Value is Rp19.51 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.

PT Sinar Terang Mandiri Tbk Business Description

Address Jl. Jendral Sudirman Kav. 52-53, Kecamatan Kebayoran Baru, Treasury Tower 5th Floor Unit G, District 8 SCBD Lot 28, Selatan, Jakarta, IDN, 12190
PT Sinar Terang Mandiri Tbk specializes in mining support services. The company offers a comprehensive range of services, including mine planning, mining infrastructure construction, mining operations, to mining product transportation (hauling, barging, and transshipment) as well as stone crushing and paving production. It is engaged in nickel mining support activities in Morowali, Central Sulawesi, and Weda, North Maluku. The company organizes its operations into two main segments: mining services and construction services.
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