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 Sillo Maritime Perdana Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp-1,802.72.
The historical rank and industry rank for PT Sillo Maritime Perdana Tbk's Net Current Asset Value or its related term are showing as below:
ISX:SHIP's Price-to-Net-Current-Asset-Value is not ranked *
in the Oil & Gas industry.
Industry Median: 3.92 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PT Sillo Maritime Perdana Tbk (ISX:SHIP) 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 Sillo Maritime Perdana Tbk Net Current Asset Value Related Terms
PT Sillo Maritime Perdana 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 Sillo Maritime Perdana Tbk Net Current Asset Value Chart
ISX:SHIP vs SLB, BKR, HAL: Net Current Asset Value Comparison
For the Oil & Gas Equipment & Services subindustry, PT Sillo Maritime Perdana 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 Sillo Maritime Perdana Tbk Price-to-Net-Current-Asset-Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT Sillo Maritime Perdana Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Sillo Maritime Perdana 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-1,802.72 mean?
PT Sillo Maritime Perdana Tbk (ISX:SHIP) has a Net Current Asset Value of Rp-1,802.72 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 Sillo Maritime Perdana Tbk and its competitors. According to the industry distribution chart, PT Sillo Maritime Perdana Tbk ranks #999999 out of 298 companies in the Oil & Gas industry.
Is PT Sillo Maritime Perdana Tbk's Net Current Asset Value too high?
PT Sillo Maritime Perdana Tbk's current Net Current Asset Value is Rp-1,802.72. Based on the distribution chart, PT Sillo Maritime Perdana Tbk ranks #999999 out of 298 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT Sillo Maritime Perdana Tbk has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Sillo Maritime Perdana Tbk's Net Current Asset Value compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Sillo Maritime Perdana Tbk ranks #999999 out of 298 companies for Net Current Asset Value. This places PT Sillo Maritime Perdana Tbk in the lower half of its industry. The industry median Net Current Asset Value is 3.92. 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 3.92, based on 298 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 Sillo Maritime Perdana Tbk and its competitors. For the Oil & Gas industry, the median Net Current Asset Value is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Sillo Maritime Perdana Tbk's current Net Current Asset Value is Rp-1,802.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sillo Maritime Perdana Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sillo Maritime Perdana Tbk (ISX:SHIP) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,646.41, compared to a current price of Rp1,795.00 — trading 9% above its estimated fair value. The current Net Current Asset Value is Rp-1,802.72. PT Sillo Maritime Perdana Tbk's overall GF Score™ is 86/100 with 6 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 Sillo Maritime Perdana Tbk (ISX:SHIP), the current Net Current Asset Value is Rp-1,802.72 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 Sillo Maritime Perdana Tbk (ISX:SHIP) Overvalued in 2026?
Based on GuruFocus' analysis, PT Sillo Maritime Perdana Tbk stock appears to be overvalued.
The current stock price of Rp1,795.00 is trading 9% above its estimated GF Value™ of Rp1,646.41.
GuruFocus considers PT Sillo Maritime Perdana Tbk to be Fairly Valued.
Key valuation signals for ISX:SHIP:
Net Current Asset Value: Rp-1,802.72
GF Value™: Rp1,646.41 vs. price of Rp1,795.00 (9% above fair value)
No single metric tells the full story. See the ISX:SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Sillo Maritime Perdana Tbk Business Description
PT Sillo Maritime Perdana Tbk is a marine services provider in Indonesia. The company provides vessels and related services to the oil and gas industry, serving both domestic and international markets. The vessels owned and operated by the Company to date include Floating Storage Offloading (FSO), Gas Tankers, Liquefied Natural Gas (LNG) Tankers, Oil Tankers, and Offshore Support Vessels consisting of Crew Boats, Harbor Tugs, Platform Supply Vessels, Utility Vessels, and Anchor Handling Tug Supply. It focuses on a single business segment, namely providing vessel charter services and other shipping services.
86GF Score
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