Raffles Medical GroupRAFLF 57 Net Current Asset Value is $0.03 as of Dec. 2025, which is 100% below its 10-year median of 38.25. GuruFocus rates RAFLF with a GF Score™ of 57/100 and a GF Value™ of $0.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 275 Healthcare Providers & Services companies, Raffles Medical Group ranks worse than 89.82% 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).
Raffles Medical Group's net current asset value per share for the quarter that ended in Dec. 2025 was $0.03.
The historical rank and industry rank for Raffles Medical Group's Net Current Asset Value or its related term are showing as below:
RAFLF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 31 Med: 38.25 Max: 42.5
Current: 37.65
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Raffles Medical Group was 42.50. The lowest was 31.00. And the median was 38.25.
RAFLF's Price-to-Net-Current-Asset-Value is ranked worse than 89.82% of 275
companies
in the Healthcare Providers & Services industry
Industry Median: 6.06
vs RAFLF: 37.65
Raffles Medical Group (OTCPK:RAFLF) 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.
Raffles Medical Group Net Current Asset Value Related Terms
Raffles Medical Group Net Current Asset Value Historical Data
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The historical data trend for Raffles Medical Group'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.
Raffles Medical Group Net Current Asset Value Chart
RAFLF vs HCA, THC, DVA: Net Current Asset Value Comparison
For the Medical Care Facilities subindustry, Raffles Medical Group'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.
Raffles Medical Group Price-to-Net-Current-Asset-Value vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Raffles Medical Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Raffles Medical Group'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 $0.03 mean?
Raffles Medical Group (RAFLF) has a Net Current Asset Value of $0.03 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 Raffles Medical Group and its competitors. This is 100% below median its historical median of 38.25. Over the past decade, Raffles Medical Group's Net Current Asset Value has ranged from 31.00 to 42.50. According to the industry distribution chart, Raffles Medical Group ranks #247 out of 275 companies in the Healthcare Providers & Services industry, placing it in the top 89.8%.
Is Raffles Medical Group's Net Current Asset Value too high?
Raffles Medical Group's current Net Current Asset Value of $0.03 is 100% below median its 10-year median of 38.25. Over the past 10 years, this metric has ranged from a low of 31.00 to a high of 42.50. The Healthcare Providers & Services industry median Net Current Asset Value is 6.06. Raffles Medical Group's value of $0.03 is 99.5% below this industry median. Based on the distribution chart, Raffles Medical Group ranks #247 out of 275 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Raffles Medical Group has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raffles Medical Group's Net Current Asset Value compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Raffles Medical Group ranks #247 out of 275 companies for Net Current Asset Value. This places Raffles Medical Group in the lower half of its industry. The industry median Net Current Asset Value is 6.06. Raffles Medical Group's value of $0.03 is 99.5% below this benchmark. Historically, Raffles Medical Group's own Net Current Asset Value has ranged from 31.00 to 42.50 over the past decade. While the company's 10-year median is 38.25 vs. the industry median of 6.06, Raffles Medical Group has consistently been below 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 Healthcare Providers & Services company?
The median Net Current Asset Value among Healthcare Providers & Services companies is 6.06, based on 275 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. Raffles Medical Group's current Net Current Asset Value of $0.03 is 99.5% below 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 Raffles Medical Group and its competitors. For the Healthcare Providers & Services industry, the median Net Current Asset Value is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raffles Medical Group's current Net Current Asset Value is $0.03, which is 100% below median its own 10-year median of 38.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffles Medical Group stock overvalued right now?
Based on GuruFocus' analysis, Raffles Medical Group (RAFLF) is currently considered Fairly Valued. The stock's GF Value™ is $0.75, compared to a current price of $0.75 — trading 0.4% above its estimated fair value. The current Net Current Asset Value is $0.03, which is 100% below median its 10-year median of 38.25 and 99.5% below the Healthcare Providers & Services industry median of 6.06. Raffles Medical Group's overall GF Score™ is 57/100 with 4 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 Raffles Medical Group (RAFLF), the current Net Current Asset Value is $0.03 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 Raffles Medical Group (RAFLF) Overvalued in 2026?
Based on GuruFocus' analysis, Raffles Medical Group stock appears to be overvalued.
The current stock price of $0.75 is trading 0.4% above its estimated GF Value™ of $0.75.
GuruFocus considers Raffles Medical Group to be Fairly Valued.
Key valuation signals for RAFLF:
Net Current Asset Value: $0.03 (100% below median its 10-year median of 38.25)
GF Value™: $0.75 vs. price of $0.75 (0.4% above fair value)
Industry Position: 99.5% below the Healthcare Providers & Services median (#247 of 275)
No single metric tells the full story. See the RAFLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raffles Medical Group Ltd is an integrated private healthcare provider in Asia with operations in Singapore, China, Japan, Vietnam, and Cambodia. The company owns and operates a tertiary hospital, a network of medical and dental clinics, insurance services, Japanese and Traditional Chinese Medicine clinics, and a consumer healthcare division. The company's operating segment includes Healthcare services, Hospital Services, Investment Holdings, and Insurance Services. The company generates revenue from contracts with customers, Rental Income, and Insurance revenue. Geographically operates in Singapore, Greater China, Vietnam, Cambodia and Japan.
57GF Score
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