PT Rockfields Properti Indonesia Tbk (ISX:ROCK) Net Current Asset Value: Rp-41.70 (As of Dec. 2025)


ISX:ROCK PT Rockfields Properti Indonesia Tbk ISX:ROCK
39 GF Score
Price Rp1,820.00
GF Value Rp390.35
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is PT Rockfields Properti Indonesia Tbk Net Current Asset Value?

PT Rockfields Properti Indonesia Tbk ISX:ROCK -0.27% 39 Net Current Asset Value is Rp-41.70 as of Dec. 2025. GuruFocus rates ISX:ROCK with a GF Score™ of 39/100 and a GF Value™ of Rp390.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 757 Real Estate companies, PT Rockfields Properti Indonesia Tbk ranks worse than 132100.26% 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 Rockfields Properti Indonesia Tbk's net current asset value per share for the quarter that ended in Dec. 2025 was Rp-41.70.

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

ISX:ROCK's Price-to-Net-Current-Asset-Value is not ranked *
in the Real Estate industry.
Industry Median: 2.15
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

PT Rockfields Properti Indonesia Tbk  (ISX:ROCK) 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 Rockfields Properti Indonesia Tbk Net Current Asset Value Related Terms


PT Rockfields Properti Indonesia Tbk Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for PT Rockfields Properti Indonesia 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 Rockfields Properti Indonesia Tbk Net Current Asset Value Chart

PT Rockfields Properti Indonesia Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec24 Dec25
Net Current Asset Value
-550.71 -567.07 -205.39 -80.61 -41.70

PT Rockfields Properti Indonesia Tbk Semi-Annual Data
Dec17 Dec18 Dec19 Dec24 Dec25
Net Current Asset Value -550.71 -567.07 -205.39 -80.61 -41.70

ISX:ROCK vs CBRE, BEKE, JLL: Net Current Asset Value Comparison

For the Real Estate Services subindustry, PT Rockfields Properti Indonesia 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 Rockfields Properti Indonesia Tbk Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Rockfields Properti Indonesia Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


ISX:ROCK
39GF Score
PT Rockfields Properti Indonesia Tbk ISX:ROCK
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Rockfields Properti Indonesia Tbk Net Current Asset Value Calculation

PT Rockfields Properti Indonesia 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)
=(54245.955-114174.712--85.774-0)/1435.185
=-41.70

PT Rockfields Properti Indonesia Tbk's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(54245.955-114174.712--85.774-0)/1435.185
=-41.70

* 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-41.70 mean?
PT Rockfields Properti Indonesia Tbk (ISX:ROCK) has a Net Current Asset Value of Rp-41.70 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on PT Rockfields Properti Indonesia Tbk and its competitors. According to the industry distribution chart, PT Rockfields Properti Indonesia Tbk ranks #999999 out of 757 companies in the Real Estate industry.
Is PT Rockfields Properti Indonesia Tbk's Net Current Asset Value too high?
PT Rockfields Properti Indonesia Tbk's current Net Current Asset Value is Rp-41.70. Based on the distribution chart, PT Rockfields Properti Indonesia Tbk ranks #999999 out of 757 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT Rockfields Properti Indonesia Tbk has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Rockfields Properti Indonesia Tbk's Net Current Asset Value compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT Rockfields Properti Indonesia Tbk ranks #999999 out of 757 companies for Net Current Asset Value. This places PT Rockfields Properti Indonesia Tbk in the lower half of its industry. The industry median Net Current Asset Value is 2.15. 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 2.15, 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 Rockfields Properti Indonesia Tbk and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rockfields Properti Indonesia Tbk's current Net Current Asset Value is Rp-41.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rockfields Properti Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rockfields Properti Indonesia Tbk (ISX:ROCK) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp390.35, compared to a current price of Rp1,820.00 — trading 366.2% above its estimated fair value. The current Net Current Asset Value is Rp-41.70. PT Rockfields Properti Indonesia Tbk's overall GF Score™ is 39/100 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 Rockfields Properti Indonesia Tbk (ISX:ROCK), the current Net Current Asset Value is Rp-41.70 as of Dec. 2025. 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 Rockfields Properti Indonesia Tbk (ISX:ROCK) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rockfields Properti Indonesia Tbk stock appears to be overvalued. The current stock price of Rp1,820.00 is trading 366.2% above its estimated GF Value™ of Rp390.35. GuruFocus considers PT Rockfields Properti Indonesia Tbk to be Significantly Overvalued.

Key valuation signals for ISX:ROCK:

  • Net Current Asset Value: Rp-41.70
  • GF Value™: Rp390.35 vs. price of Rp1,820.00 (366.2% above fair value)
  • GF Score™: 39/100 with 1 warning sign

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


PT Rockfields Properti Indonesia Tbk Business Description

Address No.2, Jl. Dr. Ide Anak Agung Gde Agung Kav. E 4.2, Noble House, Floor 35, Jakarta, IDN, 12950
PT Rockfields Properti Indonesia Tbk business in the property and real estate sector through equity participation. The Company operates in the real estate and property sector. The group has only one reportable business segment which is the rental business segment. It holding company activities, wholesale trading, and real estate. The company's projects Projects Home, Noble House, Avalon, Broadway Residence, Escala Residence, International Exchange House, Proyek Azerai, and others.
39GF Score

Get the complete analysis for ISX:ROCK

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

Rp1,820.00
Price
Rp390.35
GF Value