PT Adhi Kartiko Pratama Tbk (ISX:NICE) Net Current Asset Value: Rp-50.20 (As of Mar. 2026)

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ISX:NICE PT Adhi Kartiko Pratama Tbk ISX:NICE
42 GF Score
Price Rp252.00
! 2 Warning Signs
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What is PT Adhi Kartiko Pratama Tbk Net Current Asset Value?

PT Adhi Kartiko Pratama Tbk ISX:NICE +0.80% 42 Net Current Asset Value is Rp-50.20 as of Mar. 2026. GuruFocus rates ISX:NICE with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 1,354 Metals & Mining companies, PT Adhi Kartiko Pratama Tbk ranks worse than 73855.17% 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 Adhi Kartiko Pratama Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp-50.20.

The historical rank and industry rank for PT Adhi Kartiko Pratama Tbk's Net Current Asset Value or its related term are showing as below:

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Adhi Kartiko Pratama Tbk was 827.16. The lowest was 306.47. And the median was 746.88.

ISX:NICE's Price-to-Net-Current-Asset-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 6.33
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

PT Adhi Kartiko Pratama Tbk  (ISX:NICE) 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 Adhi Kartiko Pratama Tbk Net Current Asset Value Related Terms


PT Adhi Kartiko Pratama Tbk Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk Net Current Asset Value Chart

PT Adhi Kartiko Pratama Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 2.83 1.34 2.69 -13.97 -58.66

PT Adhi Kartiko Pratama Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.12 -15.90 -16.03 -58.66 -50.20

PT Adhi Kartiko Pratama Tbk Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

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

* The bar in red indicates where PT Adhi Kartiko Pratama Tbk's Price-to-Net-Current-Asset-Value falls into.


ISX:NICE
42GF Score
PT Adhi Kartiko Pratama Tbk ISX:NICE
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Adhi Kartiko Pratama Tbk Net Current Asset Value Calculation

PT Adhi Kartiko Pratama 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)
=(174242.195-531011.66-0.352-0)/6082.020
=-58.66

PT Adhi Kartiko Pratama 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)
=(289167.922-594478.951-0.346-0)/6082.020
=-50.20

* 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-50.20 mean?
PT Adhi Kartiko Pratama Tbk (ISX:NICE) has a Net Current Asset Value of Rp-50.20 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 Adhi Kartiko Pratama Tbk and its competitors. Over the past decade, PT Adhi Kartiko Pratama Tbk's Net Current Asset Value has ranged from 306.47 to 827.16. According to the industry distribution chart, PT Adhi Kartiko Pratama Tbk ranks #999999 out of 1354 companies in the Metals & Mining industry.
Is PT Adhi Kartiko Pratama Tbk's Net Current Asset Value too high?
PT Adhi Kartiko Pratama Tbk's current Net Current Asset Value is Rp-50.20. Over the past 10 years, this metric has ranged from a low of 306.47 to a high of 827.16. Based on the distribution chart, PT Adhi Kartiko Pratama Tbk ranks #999999 out of 1354 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Adhi Kartiko Pratama Tbk has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does PT Adhi Kartiko Pratama Tbk's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, PT Adhi Kartiko Pratama Tbk ranks #999999 out of 1354 companies for Net Current Asset Value. This places PT Adhi Kartiko Pratama Tbk in the lower half of its industry. The industry median Net Current Asset Value is 6.33. Historically, PT Adhi Kartiko Pratama Tbk's own Net Current Asset Value has ranged from 306.47 to 827.16 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 6.33, based on 1,354 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 Adhi Kartiko Pratama Tbk and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adhi Kartiko Pratama Tbk's current Net Current Asset Value is Rp-50.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adhi Kartiko Pratama Tbk stock overvalued right now?
PT Adhi Kartiko Pratama Tbk (ISX:NICE) has a current Net Current Asset Value of Rp-50.20. The current Net Current Asset Value is Rp-50.20. PT Adhi Kartiko Pratama Tbk's overall GF Score™ is 42/100 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 Adhi Kartiko Pratama Tbk (ISX:NICE), the current Net Current Asset Value is Rp-50.20 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 Adhi Kartiko Pratama Tbk Business Description

Address Jalan Malaka, Kawasan Citraland Kendari, Ruko Spazia Blok H01/003, Kelurahan Andonohu, Kecamatan Poasia, Kendari, IDN, 93231
PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province. The company generates all of its revenue from the Nickel Mining segment.
42GF 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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