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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).
ISX:PADI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.65 Med: 4.01 Max: 43.78
Current: 8.84
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Minna Padi Investama Sekuritas Tbk was 43.78. The lowest was 0.65. And the median was 4.01.
ISX:PADI's Price-to-Net-Current-Asset-Value is ranked worse than 77.02% of 496
companies
in the Capital Markets industry
Industry Median: 2.67
vs ISX:PADI: 8.84
PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) 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 Minna Padi Investama Sekuritas Tbk Net Current Asset Value Related Terms
PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Net Current Asset Value Chart
ISX:PADI vs MS, GS, SCHW: Net Current Asset Value Comparison
For the Capital Markets subindustry, PT Minna Padi Investama Sekuritas 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 Minna Padi Investama Sekuritas Tbk Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, PT Minna Padi Investama Sekuritas Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Minna Padi Investama Sekuritas 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 Rp8.26 mean?
PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) has a Net Current Asset Value of Rp8.26 as of Jun. 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 Minna Padi Investama Sekuritas Tbk and its competitors. According to the industry distribution chart, PT Minna Padi Investama Sekuritas Tbk ranks #382 out of 496 companies in the Capital Markets industry, placing it in the top 77%.
Is PT Minna Padi Investama Sekuritas Tbk's Net Current Asset Value too high?
PT Minna Padi Investama Sekuritas Tbk's current Net Current Asset Value is Rp8.26. Based on the distribution chart, PT Minna Padi Investama Sekuritas Tbk ranks #382 out of 496 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, PT Minna Padi Investama Sekuritas Tbk has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Minna Padi Investama Sekuritas Tbk's Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, PT Minna Padi Investama Sekuritas Tbk ranks #382 out of 496 companies for Net Current Asset Value. This places PT Minna Padi Investama Sekuritas Tbk in the lower half of its industry. The industry median Net Current Asset Value is 2.67. 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.67, based on 496 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 Minna Padi Investama Sekuritas Tbk and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Minna Padi Investama Sekuritas Tbk's current Net Current Asset Value is Rp8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Minna Padi Investama Sekuritas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Minna Padi Investama Sekuritas Tbk (ISX:PADI) is currently considered Fairly Valued. The stock's GF Value™ is Rp67.00, compared to a current price of Rp73.00 — trading 9% above its estimated fair value. The current Net Current Asset Value is Rp8.26. PT Minna Padi Investama Sekuritas Tbk's overall GF Score™ is 50/100. 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 Minna Padi Investama Sekuritas Tbk (ISX:PADI), the current Net Current Asset Value is Rp8.26 as of Jun. 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 Minna Padi Investama Sekuritas Tbk (ISX:PADI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Minna Padi Investama Sekuritas Tbk stock appears to be overvalued.
The current stock price of Rp73.00 is trading 9% above its estimated GF Value™ of Rp67.00.
GuruFocus considers PT Minna Padi Investama Sekuritas Tbk to be Fairly Valued.
Key valuation signals for ISX:PADI:
Net Current Asset Value: Rp8.26
GF Value™: Rp67.00 vs. price of Rp73.00 (9% above fair value)
No single metric tells the full story. See the ISX:PADI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Minna Padi Investama Sekuritas Tbk is engaged in managing public funds for obtaining optimal investment returns. In managing public funds, the company offers a variety of quality products and services, such as Mutual Funds, which are investment instruments intended not only for large capital owners but also accessible to the general public. It also provides Brokerage and Underwriting services. The company's revenues come from brokerage, underwriting, and net dividend and interest income.
50GF Score
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