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PT Raharja Energi Cepu TbkISX:RATU -0.20%15 Net Current Asset Value is Rp74.93 as of Mar. 2026, which is 100% below its 10-year median of 64.73. GuruFocus rates ISX:RATU with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 299 Oil & Gas companies, PT Raharja Energi Cepu Tbk ranks worse than 94.98% 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 Raharja Energi Cepu Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp74.93.
The historical rank and industry rank for PT Raharja Energi Cepu Tbk's Net Current Asset Value or its related term are showing as below:
ISX:RATU'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 37.09 Med: 64.73 Max: 408.88
Current: 66.33
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Raharja Energi Cepu Tbk was 408.88. The lowest was 37.09. And the median was 64.73.
ISX:RATU's Price-to-Net-Current-Asset-Value is ranked worse than 94.98% of 299
companies
in the Oil & Gas industry
Industry Median: 3.88
vs ISX:RATU: 66.33
PT Raharja Energi Cepu Tbk (ISX:RATU) 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 Raharja Energi Cepu Tbk Net Current Asset Value Related Terms
PT Raharja Energi Cepu 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 Raharja Energi Cepu Tbk Net Current Asset Value Chart
ISX:RATU vs COP, EOG, FANG: Net Current Asset Value Comparison
For the Oil & Gas E&P subindustry, PT Raharja Energi Cepu 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 Raharja Energi Cepu Tbk Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT Raharja Energi Cepu Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Raharja Energi Cepu 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 Rp74.93 mean?
PT Raharja Energi Cepu Tbk (ISX:RATU) has a Net Current Asset Value of Rp74.93 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 Raharja Energi Cepu Tbk and its competitors. This is 16% above median its historical median of 64.73. Over the past decade, PT Raharja Energi Cepu Tbk's Net Current Asset Value has ranged from 37.09 to 408.88. According to the industry distribution chart, PT Raharja Energi Cepu Tbk ranks #284 out of 299 companies in the Oil & Gas industry, placing it in the top 95%.
Is PT Raharja Energi Cepu Tbk's Net Current Asset Value too high?
PT Raharja Energi Cepu Tbk's current Net Current Asset Value of Rp74.93 is 16% above median its 10-year median of 64.73. Over the past 10 years, this metric has ranged from a low of 37.09 to a high of 408.88. Based on the distribution chart, PT Raharja Energi Cepu Tbk ranks #284 out of 299 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT Raharja Energi Cepu Tbk has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does PT Raharja Energi Cepu Tbk's Net Current Asset Value compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PT Raharja Energi Cepu Tbk ranks #284 out of 299 companies for Net Current Asset Value. This places PT Raharja Energi Cepu Tbk in the lower half of its industry. The industry median Net Current Asset Value is 3.88. Historically, PT Raharja Energi Cepu Tbk's own Net Current Asset Value has ranged from 37.09 to 408.88 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 an Oil & Gas company?
The median Net Current Asset Value among Oil & Gas companies is 3.88, based on 299 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 Raharja Energi Cepu Tbk and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Raharja Energi Cepu Tbk's current Net Current Asset Value is Rp74.93, which is 16% above median its own 10-year median of 64.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Raharja Energi Cepu Tbk stock overvalued right now?
PT Raharja Energi Cepu Tbk (ISX:RATU) has a current Net Current Asset Value of Rp74.93. The current Net Current Asset Value is Rp74.93, which is 16% above median its 10-year median of 64.73. PT Raharja Energi Cepu Tbk's overall GF Score™ is 15/100 with 1 warning sign 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 Raharja Energi Cepu Tbk (ISX:RATU), the current Net Current Asset Value is Rp74.93 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 Raharja Energi Cepu Tbk focuses on being a holding company whose main activity is managing investments in the oil and gas sector. The Company has investments in two oil and gas production blocks: the Cepu Block and the Jabung Block, which is a strategic asset of the Company. The Group operates and manages the business as a single segment: oil and gas mining.
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