PT Pantai Indah Kapuk Dua TbkISX:PANI +1.29%85 Net Current Asset Value is Rp533.53 as of Mar. 2026, which is 100% below its 10-year median of 15.17. GuruFocus rates ISX:PANI with a GF Score™ of 85/100 and a GF Value™ of Rp11,111.10 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 757 Real Estate companies, PT Pantai Indah Kapuk Dua Tbk ranks worse than 89.3% 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 Pantai Indah Kapuk Dua Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp533.53.
The historical rank and industry rank for PT Pantai Indah Kapuk Dua Tbk's Net Current Asset Value or its related term are showing as below:
ISX:PANI'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.81 Med: 15.17 Max: 159.91
Current: 11.06
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Pantai Indah Kapuk Dua Tbk was 159.91. The lowest was 1.81. And the median was 15.17.
ISX:PANI's Price-to-Net-Current-Asset-Value is ranked worse than 89.3% of 757
companies
in the Real Estate industry
Industry Median: 2.19
vs ISX:PANI: 11.06
PT Pantai Indah Kapuk Dua Tbk (ISX:PANI) 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 Pantai Indah Kapuk Dua Tbk Net Current Asset Value Related Terms
PT Pantai Indah Kapuk Dua 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 Pantai Indah Kapuk Dua Tbk Net Current Asset Value Chart
PT Pantai Indah Kapuk Dua Tbk Net Current Asset Value Competitor Comparison
For the Real Estate - Development subindustry, PT Pantai Indah Kapuk Dua 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 Pantai Indah Kapuk Dua Tbk Price-to-Net-Current-Asset-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Pantai Indah Kapuk Dua Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Pantai Indah Kapuk Dua 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 Rp533.53 mean?
PT Pantai Indah Kapuk Dua Tbk (ISX:PANI) has a Net Current Asset Value of Rp533.53 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 Pantai Indah Kapuk Dua Tbk and its competitors. This is 3417% above median its historical median of 15.17. Over the past decade, PT Pantai Indah Kapuk Dua Tbk's Net Current Asset Value has ranged from 1.81 to 159.91. According to the industry distribution chart, PT Pantai Indah Kapuk Dua Tbk ranks #676 out of 757 companies in the Real Estate industry, placing it in the top 89.3%.
Is PT Pantai Indah Kapuk Dua Tbk's Net Current Asset Value too high?
PT Pantai Indah Kapuk Dua Tbk's current Net Current Asset Value of Rp533.53 is 3417% above median its 10-year median of 15.17. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 159.91. Based on the distribution chart, PT Pantai Indah Kapuk Dua Tbk ranks #676 out of 757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Pantai Indah Kapuk Dua Tbk has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pantai Indah Kapuk Dua Tbk's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, PT Pantai Indah Kapuk Dua Tbk ranks #676 out of 757 companies for Net Current Asset Value. This places PT Pantai Indah Kapuk Dua Tbk in the lower half of its industry. The industry median Net Current Asset Value is 2.19. Historically, PT Pantai Indah Kapuk Dua Tbk's own Net Current Asset Value has ranged from 1.81 to 159.91 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.19, based on 757 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 Pantai Indah Kapuk Dua Tbk and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pantai Indah Kapuk Dua Tbk's current Net Current Asset Value is Rp533.53, which is 3417% above median its own 10-year median of 15.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pantai Indah Kapuk Dua Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pantai Indah Kapuk Dua Tbk (ISX:PANI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp11,111.10, compared to a current price of Rp5,900.00 — trading 46.9% below its estimated fair value. The current Net Current Asset Value is Rp533.53, which is 3417% above median its 10-year median of 15.17. PT Pantai Indah Kapuk Dua Tbk's overall GF Score™ is 85/100 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 Pantai Indah Kapuk Dua Tbk (ISX:PANI), the current Net Current Asset Value is Rp533.53 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 Pantai Indah Kapuk Dua Tbk (ISX:PANI) Overvalued in 2026?
Based on GuruFocus' analysis, PT Pantai Indah Kapuk Dua Tbk stock appears to be undervalued.
The current stock price of Rp5,900.00 is trading 46.9% below its estimated GF Value™ of Rp11,111.10.
GuruFocus considers PT Pantai Indah Kapuk Dua Tbk to be Significantly Undervalued.
Key valuation signals for ISX:PANI:
Net Current Asset Value: Rp533.53 (3417% above median its 10-year median of 15.17)
GF Value™: Rp11,111.10 vs. price of Rp5,900.00 (46.9% below fair value)
No single metric tells the full story. See the ISX:PANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Pantai Indah Kapuk Dua Tbk Business Description
PT Pantai Indah Kapuk Dua Tbk is engaged in holding company activities and the can packaging industry and, through its subsidiaries, operates in real estate and the fishery product processing industry, as well as freezing and storage services in cold storage facilities. It conducts its business through two primary segments: the real estate segment, which generates the majority of revenue, and the other segment, which includes rental income from conference rooms. In the real estate segment, the Company develops property at PIK2 in Tangerang, Banten, as a comprehensive living hub, with products including commercial land plots, commercial properties such as shophouses, shop-offices, SOHO units, and warehouses, and residential landed houses.
85GF Score
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