PT RMK Energy Tbk (ISX:RMKE) Net Current Asset Value: Rp14.32 (As of Mar. 2026) — 100% Above Median

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ISX:RMKE PT RMK Energy Tbk ISX:RMKE
74 GF Score
Price Rp422.00
GF Value Rp120.38
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is PT RMK Energy Tbk Net Current Asset Value?

PT RMK Energy Tbk ISX:RMKE 74 Net Current Asset Value is Rp14.32 as of Mar. 2026, which is 100% below its 10-year median of 7.17. GuruFocus rates ISX:RMKE with a GF Score™ of 74/100 and a GF Value™ of Rp120.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 81 Other Energy Sources companies, PT RMK Energy Tbk ranks worse than 87.65% 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 RMK Energy Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp14.32.

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

ISX:RMKE' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.88   Med: 7.17   Max: 57.03
Current: 29.47

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT RMK Energy Tbk was 57.03. The lowest was 3.88. And the median was 7.17.

ISX:RMKE's Price-to-Net-Current-Asset-Value is ranked worse than
87.65% of 81 companies
in the Other Energy Sources industry
Industry Median: 5.04 vs ISX:RMKE: 29.47

PT RMK Energy Tbk  (ISX:RMKE) 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 RMK Energy Tbk Net Current Asset Value Related Terms


PT RMK Energy Tbk Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PT RMK Energy 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 RMK Energy Tbk Net Current Asset Value Chart

PT RMK Energy Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -3.25 13.45 19.39 25.64 20.78

PT RMK Energy Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.96 24.51 24.52 20.78 14.32

PT RMK Energy Tbk Net Current Asset Value Competitor Comparison

For the Thermal Coal subindustry, PT RMK Energy 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 RMK Energy Tbk Price-to-Net-Current-Asset-Value vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT RMK Energy Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


ISX:RMKE
74GF Score
PT RMK Energy Tbk ISX:RMKE
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT RMK Energy Tbk Net Current Asset Value Calculation

PT RMK Energy 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)
=(1349171.064-882413.36-12122.716-0)/21875.000
=20.78

PT RMK Energy 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)
=(1763788.247-1438221.374-12417.784-0)/21875.000
=14.32

* 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 Rp14.32 mean?
PT RMK Energy Tbk (ISX:RMKE) has a Net Current Asset Value of Rp14.32 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 RMK Energy Tbk and its competitors. This is 100% above median its historical median of 7.17. Over the past decade, PT RMK Energy Tbk's Net Current Asset Value has ranged from 3.88 to 57.03. According to the industry distribution chart, PT RMK Energy Tbk ranks #71 out of 81 companies in the Other Energy Sources industry, placing it in the top 87.7%.
Is PT RMK Energy Tbk's Net Current Asset Value too high?
PT RMK Energy Tbk's current Net Current Asset Value of Rp14.32 is 100% above median its 10-year median of 7.17. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 57.03. Based on the distribution chart, PT RMK Energy Tbk ranks #71 out of 81 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, PT RMK Energy Tbk has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT RMK Energy Tbk's Net Current Asset Value compare to competitors?
According to the Other Energy Sources industry distribution chart, PT RMK Energy Tbk ranks #71 out of 81 companies for Net Current Asset Value. This places PT RMK Energy Tbk in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Historically, PT RMK Energy Tbk's own Net Current Asset Value has ranged from 3.88 to 57.03 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 Other Energy Sources company?
The median Net Current Asset Value among Other Energy Sources companies is 5.04, based on 81 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 RMK Energy Tbk and its competitors. For the Other Energy Sources industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT RMK Energy Tbk's current Net Current Asset Value is Rp14.32, which is 100% above median its own 10-year median of 7.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT RMK Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT RMK Energy Tbk (ISX:RMKE) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp120.38, compared to a current price of Rp422.00 — trading 250.6% above its estimated fair value. The current Net Current Asset Value is Rp14.32, which is 100% above median its 10-year median of 7.17. PT RMK Energy Tbk's overall GF Score™ is 74/100 with 5 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 RMK Energy Tbk (ISX:RMKE), the current Net Current Asset Value is Rp14.32 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 RMK Energy Tbk (ISX:RMKE) Overvalued in 2026?

Based on GuruFocus' analysis, PT RMK Energy Tbk stock appears to be overvalued. The current stock price of Rp422.00 is trading 250.6% above its estimated GF Value™ of Rp120.38. GuruFocus considers PT RMK Energy Tbk to be Significantly Overvalued.

Key valuation signals for ISX:RMKE:

  • Net Current Asset Value: Rp14.32 (100% above median its 10-year median of 7.17)
  • GF Value™: Rp120.38 vs. price of Rp422.00 (250.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the ISX:RMKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT RMK Energy Tbk Business Description

Address Jalan Puri Kencana Blok M4 No.1, Wisma RMK 2nd Floor, Kembangan, Jakarta Barat, Jakarta, IDN, 11610
PT RMK Energy Tbk is engaged in coal logistics services and coal trading, which includes loading and unloading at train stations, port transportation as well as barge loading and coal trading business. The Companies products and services are divided into two segments: Service Provision and coal trading. Its provision of services includes port services covering coal crushing services from large sizes to sizes according to buyers demand standards and coal loading services on barges and other services and heavy equipment rental. The majority of revenue is earn from coal sales.
74GF Score

Get the complete analysis for ISX:RMKE

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp422.00
Price
Rp120.38
GF Value