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).
The historical rank and industry rank for Majan College (University College)OG's Net Current Asset Value or its related term are showing as below:
MUS:BACS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.92 Med: 1.83 Max: 4.3
Current: 4.27
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Majan College (University College)OG was 4.30. The lowest was 0.92. And the median was 1.83.
MUS:BACS's Price-to-Net-Current-Asset-Value is ranked better than 52.94% of 119
companies
in the Education industry
Industry Median: 4.98
vs MUS:BACS: 4.27
Majan College (University College)OG (MUS:BACS) 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.
Majan College (University College)OG Net Current Asset Value Related Terms
Majan College (University College)OG 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.
Majan College (University College)OG Net Current Asset Value Chart
MUS:BACS vs EDU, TAL, LAUR: Net Current Asset Value Comparison
For the Education & Training Services subindustry, Majan College (University College)OG'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.
Majan College (University College)OG Price-to-Net-Current-Asset-Value vs Education Industry
For the Education industry and Consumer Defensive sector, Majan College (University College)OG's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Majan College (University College)OG'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 ر.ع0.03 mean?
Majan College (University College)OG (MUS:BACS) has a Net Current Asset Value of ر.ع0.03 as of Aug. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Majan College (University College)OG and its competitors. Over the past decade, Majan College (University College)OG's Net Current Asset Value has ranged from 0.92 to 4.30. According to the industry distribution chart, Majan College (University College)OG ranks #56 out of 119 companies in the Education industry, placing it in the top 47.1%.
Is Majan College (University College)OG's Net Current Asset Value too high?
Majan College (University College)OG's current Net Current Asset Value is ر.ع0.03. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 4.30. Based on the distribution chart, Majan College (University College)OG ranks #56 out of 119 companies in the Education industry, which is above the industry midpoint. Overall, Majan College (University College)OG has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Majan College (University College)OG's Net Current Asset Value compare to EDU and TAL?
According to the Education industry distribution chart, Majan College (University College)OG ranks #56 out of 119 companies for Net Current Asset Value. This puts Majan College (University College)OG in the upper half of its industry. The industry median Net Current Asset Value is 4.98. Historically, Majan College (University College)OG's own Net Current Asset Value has ranged from 0.92 to 4.30 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 Education company?
The median Net Current Asset Value among Education companies is 4.98, based on 119 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 Majan College (University College)OG and its competitors. For the Education industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Majan College (University College)OG's current Net Current Asset Value is ر.ع0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majan College (University College)OG stock overvalued right now?
Based on GuruFocus' analysis, Majan College (University College)OG (MUS:BACS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.12, compared to a current price of ر.ع0.13 — trading 6.7% above its estimated fair value. The current Net Current Asset Value is ر.ع0.03. Majan College (University College)OG's overall GF Score™ is 49/100 with 8 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 Majan College (University College)OG (MUS:BACS), the current Net Current Asset Value is ر.ع0.03 as of Aug. 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 Majan College (University College)OG (MUS:BACS) Overvalued in 2026?
Based on GuruFocus' analysis, Majan College (University College)OG stock appears to be overvalued.
The current stock price of ر.ع0.13 is trading 6.7% above its estimated GF Value™ of ر.ع0.12.
GuruFocus considers Majan College (University College)OG to be Fairly Valued.
Key valuation signals for MUS:BACS:
Net Current Asset Value: ر.ع0.03
GF Value™: ر.ع0.12 vs. price of ر.ع0.13 (6.7% above fair value)
No single metric tells the full story. See the MUS:BACS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Majan College (University College)OG Business Description
Majan College (University College) SAOG engages in the fields of management sciences and scientific research and provides education to students in the Sultanate of Oman. It offers undergraduate programmes in Business Administration with the following pathways: Marketing, E-Business, Accounting, Finance, Islamic Banking, Business Analytics with Artificial Intelligence, Finance and Technology (FinTech), Computer and Internet Applications, Networking, Computing, Data Science (Cybersecurity Pathway), and the English Language programme. These are delivered in both full-time and part-time mode. At postgraduate level, it offers master's programmes in Business Administration, Computer Science, and Applied Linguistics from the University of Bedfordshire, and its own MUC MBA (taught in Arabic).
49GF Score
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