MEGL (Magic Empire Global) Net Current Asset Value: $2.98 (As of Dec. 2025) — 146% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEGL Magic Empire Global Ltd MEGL
58 GF Score
Price $1.17
GF Value $1.77
Valuation Possible Value Trap
! 1 Warning Sign
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What is Magic Empire Global Net Current Asset Value?

Magic Empire Global MEGL 58 Net Current Asset Value is $2.98 as of Dec. 2025, which is 146% above its 10-year median of 1.21. GuruFocus rates MEGL with a GF Score™ of 58/100 and a GF Value™ of $1.77 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 502 Capital Markets companies, Magic Empire Global ranks better than 95.02% 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).

Magic Empire Global's net current asset value per share for the quarter that ended in Dec. 2025 was $2.98.

The historical rank and industry rank for Magic Empire Global's Net Current Asset Value or its related term are showing as below:

MEGL' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.39   Med: 1.21   Max: 2.03
Current: 0.39

During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Magic Empire Global was 2.03. The lowest was 0.39. And the median was 1.21.

MEGL's Price-to-Net-Current-Asset-Value is ranked better than
95.02% of 502 companies
in the Capital Markets industry
Industry Median: 2.77 vs MEGL: 0.39

Magic Empire Global  (NAS:MEGL) 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.


Magic Empire Global Net Current Asset Value Related Terms


Magic Empire Global Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Magic Empire Global'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.

Magic Empire Global Net Current Asset Value Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial -0.01 3.00 2.33 3.15 2.98

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.33 2.38 3.15 3.03 2.98

MEGL vs ITEX, WAI, NCPL: Net Current Asset Value Comparison

For the Capital Markets subindustry, Magic Empire Global'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.


Magic Empire Global Price-to-Net-Current-Asset-Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Magic Empire Global's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Magic Empire Global's Price-to-Net-Current-Asset-Value falls into.


MEGL
58GF Score
Magic Empire Global Ltd MEGL
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Magic Empire Global Net Current Asset Value Calculation

Magic Empire Global'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)
=(15.702-0.593-0-0)/5.064
=2.98

Magic Empire Global'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)
=(15.702-0.593-0-0)/5.064
=2.98

* 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 $2.98 mean?
Magic Empire Global (MEGL) has a Net Current Asset Value of $2.98 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 Magic Empire Global and its competitors. This is 146% above median its historical median of 1.21. Over the past decade, Magic Empire Global's Net Current Asset Value has ranged from 0.39 to 2.03. According to the industry distribution chart, Magic Empire Global ranks #25 out of 502 companies in the Capital Markets industry, placing it in the top 5%.
Is Magic Empire Global's Net Current Asset Value too high?
Magic Empire Global's current Net Current Asset Value of $2.98 is 146% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.03. The Capital Markets industry median Net Current Asset Value is 2.77. Magic Empire Global's value of $2.98 is 7.6% above this industry median. Based on the distribution chart, Magic Empire Global ranks #25 out of 502 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Magic Empire Global has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magic Empire Global's Net Current Asset Value compare to ITEX and WAI?
According to the Capital Markets industry distribution chart, Magic Empire Global ranks #25 out of 502 companies for Net Current Asset Value. This places Magic Empire Global in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.77. Magic Empire Global's value of $2.98 is 7.6% above this benchmark. Historically, Magic Empire Global's own Net Current Asset Value has ranged from 0.39 to 2.03 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 2.77, Magic Empire Global has consistently been above the industry average. 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.77, based on 502 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. Magic Empire Global's current Net Current Asset Value of $2.98 is 7.6% above the industry median. 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 Magic Empire Global and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magic Empire Global's current Net Current Asset Value is $2.98, which is 146% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magic Empire Global stock overvalued right now?
Based on GuruFocus' analysis, Magic Empire Global (MEGL) is currently considered Possible Value Trap. The stock's GF Value™ is $1.77, compared to a current price of $1.17 — trading 33.9% below its estimated fair value. The current Net Current Asset Value is $2.98, which is 146% above median its 10-year median of 1.21 and 7.6% above the Capital Markets industry median of 2.77. Magic Empire Global's overall GF Score™ is 58/100 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 Magic Empire Global (MEGL), the current Net Current Asset Value is $2.98 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 Magic Empire Global (MEGL) Overvalued in 2026?

Based on GuruFocus' analysis, Magic Empire Global stock appears to be undervalued. The current stock price of $1.17 is trading 33.9% below its estimated GF Value™ of $1.77. GuruFocus considers Magic Empire Global to be Possible Value Trap.

Key valuation signals for MEGL:

  • Net Current Asset Value: $2.98 (146% above median its 10-year median of 1.21)
  • GF Value™: $1.77 vs. price of $1.17 (33.9% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 7.6% above the Capital Markets median (#25 of 502)

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


Magic Empire Global Business Description

Address 3rd Floor, 8 Wyndham Street, Central, Hong Kong, HKG
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services. The company's offerings mainly comprise of IPO sponsorship services, Financial advisory and independent financial advisory services, Compliance advisory services, Underwriting services, Corporate service.
58GF Score

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

$1.17
Price
$1.77
GF Value