PT Telefast Indonesia TbkISX:TFAS 68 Net Current Asset Value is Rp88.84 as of Mar. 2026, which is 100% below its 10-year median of 3.28. GuruFocus rates ISX:TFAS with a GF Score™ of 68/100 and a GF Value™ of Rp165.76 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 624 Business Services companies, PT Telefast Indonesia Tbk ranks better than 70.35% 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 Telefast Indonesia Tbk's net current asset value per share for the quarter that ended in Mar. 2026 was Rp88.84.
The historical rank and industry rank for PT Telefast Indonesia Tbk's Net Current Asset Value or its related term are showing as below:
ISX:TFAS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.27 Med: 3.28 Max: 76.84
Current: 2.22
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of PT Telefast Indonesia Tbk was 76.84. The lowest was 1.27. And the median was 3.28.
ISX:TFAS's Price-to-Net-Current-Asset-Value is ranked better than 70.35% of 624
companies
in the Business Services industry
Industry Median: 3.75
vs ISX:TFAS: 2.22
PT Telefast Indonesia Tbk (ISX:TFAS) 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 Telefast Indonesia Tbk Net Current Asset Value Related Terms
PT Telefast Indonesia Tbk Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PT Telefast 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 Telefast Indonesia Tbk Net Current Asset Value Chart
ISX:TFAS vs KFY, RHI, TNET: Net Current Asset Value Comparison
For the Staffing & Employment Services subindustry, PT Telefast 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 Telefast Indonesia Tbk Price-to-Net-Current-Asset-Value vs Business Services Industry
For the Business Services industry and Industrials sector, PT Telefast Indonesia Tbk's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PT Telefast Indonesia 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 Rp88.84 mean?
PT Telefast Indonesia Tbk (ISX:TFAS) has a Net Current Asset Value of Rp88.84 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 Telefast Indonesia Tbk and its competitors. This is 2609% above median its historical median of 3.28. Over the past decade, PT Telefast Indonesia Tbk's Net Current Asset Value has ranged from 1.27 to 76.84. According to the industry distribution chart, PT Telefast Indonesia Tbk ranks #185 out of 624 companies in the Business Services industry, placing it in the top 29.6%.
Is PT Telefast Indonesia Tbk's Net Current Asset Value too high?
PT Telefast Indonesia Tbk's current Net Current Asset Value of Rp88.84 is 2609% above median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 76.84. Based on the distribution chart, PT Telefast Indonesia Tbk ranks #185 out of 624 companies in the Business Services industry, which is above the industry midpoint. Overall, PT Telefast Indonesia Tbk has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Telefast Indonesia Tbk's Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, PT Telefast Indonesia Tbk ranks #185 out of 624 companies for Net Current Asset Value. This puts PT Telefast Indonesia Tbk in the upper half of its industry. The industry median Net Current Asset Value is 3.75. Historically, PT Telefast Indonesia Tbk's own Net Current Asset Value has ranged from 1.27 to 76.84 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.75, based on 624 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 Telefast Indonesia Tbk and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Telefast Indonesia Tbk's current Net Current Asset Value is Rp88.84, which is 2609% above median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telefast Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telefast Indonesia Tbk (ISX:TFAS) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp165.76, compared to a current price of Rp197.00 — trading 18.8% above its estimated fair value. The current Net Current Asset Value is Rp88.84, which is 2609% above median its 10-year median of 3.28. PT Telefast Indonesia Tbk's overall GF Score™ is 68/100 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 Telefast Indonesia Tbk (ISX:TFAS), the current Net Current Asset Value is Rp88.84 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 Telefast Indonesia Tbk (ISX:TFAS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Telefast Indonesia Tbk stock appears to be overvalued.
The current stock price of Rp197.00 is trading 18.8% above its estimated GF Value™ of Rp165.76.
GuruFocus considers PT Telefast Indonesia Tbk to be Modestly Overvalued.
Key valuation signals for ISX:TFAS:
Net Current Asset Value: Rp88.84 (2609% above median its 10-year median of 3.28)
GF Value™: Rp165.76 vs. price of Rp197.00 (18.8% above fair value)
No single metric tells the full story. See the ISX:TFAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Telefast Indonesia Tbk is engaged in digital product distribution and network-based services. The Group manages and evaluates its operations based on the business segment that consists of Digital products and Digital services. The Company operates through a partner network spread across various regions and has expanded its business activities into network-based logistics through the development of a drop point network. The Digital products segment generates the majority of the Group's revenue. The Company conducts digital product distribution activities, particularly telecommunications products such as prepaid credit and data packages, through an outlet network spread across various regions. The Company manages more than 7,000 active outlets across 5 regional clusters in Java Island.
68GF Score
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