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 Tripar Multivsion Plus TBK's net current asset value per share for the quarter that ended in Mar. 2026 was Rp-32.62.
The historical rank and industry rank for PT Tripar Multivsion Plus TBK's Net Current Asset Value or its related term are showing as below:
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Tripar Multivsion Plus TBK was 16.69. The lowest was 7.73. And the median was 10.59.
ISX:RAAM's Price-to-Net-Current-Asset-Value is not ranked *
in the Media - Diversified industry.
Industry Median: 2.91 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PT Tripar Multivsion Plus TBK (ISX:RAAM) 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 Tripar Multivsion Plus TBK Net Current Asset Value Related Terms
PT Tripar Multivsion Plus 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 Tripar Multivsion Plus TBK Net Current Asset Value Chart
ISX:RAAM vs NFLX, DIS, WBD: Net Current Asset Value Comparison
For the Entertainment subindustry, PT Tripar Multivsion Plus 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 Tripar Multivsion Plus TBK Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, PT Tripar Multivsion Plus TBK's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Tripar Multivsion Plus 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 Rp-32.62 mean?
PT Tripar Multivsion Plus TBK (ISX:RAAM) has a Net Current Asset Value of Rp-32.62 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 Tripar Multivsion Plus TBK and its competitors. Over the past decade, PT Tripar Multivsion Plus TBK's Net Current Asset Value has ranged from 7.73 to 16.69. According to the industry distribution chart, PT Tripar Multivsion Plus TBK ranks #999999 out of 540 companies in the Media - Diversified industry.
Is PT Tripar Multivsion Plus TBK's Net Current Asset Value too high?
PT Tripar Multivsion Plus TBK's current Net Current Asset Value is Rp-32.62. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 16.69. Based on the distribution chart, PT Tripar Multivsion Plus TBK ranks #999999 out of 540 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, PT Tripar Multivsion Plus TBK has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Tripar Multivsion Plus TBK's Net Current Asset Value compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, PT Tripar Multivsion Plus TBK ranks #999999 out of 540 companies for Net Current Asset Value. This places PT Tripar Multivsion Plus TBK in the lower half of its industry. The industry median Net Current Asset Value is 2.91. Historically, PT Tripar Multivsion Plus TBK's own Net Current Asset Value has ranged from 7.73 to 16.69 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.91, based on 540 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 Tripar Multivsion Plus TBK and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Tripar Multivsion Plus TBK's current Net Current Asset Value is Rp-32.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tripar Multivsion Plus TBK stock overvalued right now?
Based on GuruFocus' analysis, PT Tripar Multivsion Plus TBK (ISX:RAAM) is currently considered Fairly Valued. The stock's GF Value™ is Rp201.97, compared to a current price of Rp198.00 — trading 2% below its estimated fair value. The current Net Current Asset Value is Rp-32.62. PT Tripar Multivsion Plus TBK's overall GF Score™ is 60/100 with 7 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 Tripar Multivsion Plus TBK (ISX:RAAM), the current Net Current Asset Value is Rp-32.62 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 Tripar Multivsion Plus TBK (ISX:RAAM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Tripar Multivsion Plus TBK stock appears to be undervalued.
The current stock price of Rp198.00 is trading 2% below its estimated GF Value™ of Rp201.97.
GuruFocus considers PT Tripar Multivsion Plus TBK to be Fairly Valued.
Key valuation signals for ISX:RAAM:
Net Current Asset Value: Rp-32.62
GF Value™: Rp201.97 vs. price of Rp198.00 (2% below fair value)
No single metric tells the full story. See the ISX:RAAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Tripar Multivsion Plus TBK Business Description
PT Tripar Multivsion Plus TBK is an integrated entertainment company engaged in content production, film distribution, cinema networks, Pay TV, and OTT platforms, with a focus on producing visually engaging and meaningful content. The company operates through film production and cinema segments, with film production generating the majority of its revenue. The film production segment includes soap operas, digital films, films, and Pay TV content, while the cinema segment generates revenue from ticket sales, food, and beverages.
60GF Score
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