RECT (Rectitude Holdings) Net Current Asset Value: $0.62 (As of Sep. 2025) — 93% Below Median

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RECT Rectitude Holdings Ltd RECT
21 GF Score
Price $1.41
! 2 Warning Signs
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What is Rectitude Holdings Net Current Asset Value?

Rectitude Holdings RECT -0.01% 21 Net Current Asset Value is $0.62 as of Sep. 2025, which is 93% below its 10-year median of 9.09. GuruFocus rates RECT with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 561 Retail - Cyclical companies, Rectitude Holdings ranks better than 62.21% 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).

Rectitude Holdings's net current asset value per share for the quarter that ended in Sep. 2025 was $0.62.

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

RECT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.13   Med: 9.09   Max: 11.92
Current: 2.27

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rectitude Holdings was 11.92. The lowest was 2.13. And the median was 9.09.

RECT's Price-to-Net-Current-Asset-Value is ranked better than
62.21% of 561 companies
in the Retail - Cyclical industry
Industry Median: 3.11 vs RECT: 2.27

Rectitude Holdings  (NAS:RECT) 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.


Rectitude Holdings Net Current Asset Value Related Terms


Rectitude Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Rectitude Holdings'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.

Rectitude Holdings Net Current Asset Value Chart

Rectitude Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
0.05 0.12 0.21 0.44

Rectitude Holdings Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Current Asset Value Get a 7-Day Free Trial 0.17 0.21 0.26 0.44 0.62

RECT vs TLF, BWTL, AETN: Net Current Asset Value Comparison

For the Specialty Retail subindustry, Rectitude Holdings'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.


Rectitude Holdings Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rectitude Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Rectitude Holdings's Price-to-Net-Current-Asset-Value falls into.


RECT
21GF Score
Rectitude Holdings Ltd RECT
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Rectitude Holdings Net Current Asset Value Calculation

Rectitude Holdings's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(A: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(20.556-14.169-0-0)/14.500
=0.44

Rectitude Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(Q: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(26.069-17.125-0-0)/14.500
=0.62

* 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 $0.62 mean?
Rectitude Holdings (RECT) has a Net Current Asset Value of $0.62 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Rectitude Holdings and its competitors. This is 93% below median its historical median of 9.09. Over the past decade, Rectitude Holdings' Net Current Asset Value has ranged from 2.13 to 11.92. According to the industry distribution chart, Rectitude Holdings ranks #212 out of 561 companies in the Retail - Cyclical industry, placing it in the top 37.8%.
Is Rectitude Holdings' Net Current Asset Value too high?
Rectitude Holdings' current Net Current Asset Value of $0.62 is 93% below median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 11.92. The Retail - Cyclical industry median Net Current Asset Value is 3.11. Rectitude Holdings' value of $0.62 is 80.1% below this industry median. Based on the distribution chart, Rectitude Holdings ranks #212 out of 561 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Rectitude Holdings has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Rectitude Holdings' Net Current Asset Value compare to TLF and BWTL?
According to the Retail - Cyclical industry distribution chart, Rectitude Holdings ranks #212 out of 561 companies for Net Current Asset Value. This puts Rectitude Holdings in the upper half of its industry. The industry median Net Current Asset Value is 3.11. Rectitude Holdings' value of $0.62 is 80.1% below this benchmark. Historically, Rectitude Holdings' own Net Current Asset Value has ranged from 2.13 to 11.92 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 3.11, Rectitude Holdings 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.11, based on 561 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. Rectitude Holdings's current Net Current Asset Value of $0.62 is 80.1% 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 Rectitude Holdings and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rectitude Holdings's current Net Current Asset Value is $0.62, which is 93% below median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rectitude Holdings stock overvalued right now?
Rectitude Holdings (RECT) has a current Net Current Asset Value of $0.62. The current Net Current Asset Value is $0.62, which is 93% below median its 10-year median of 9.09 and 80.1% below the Retail - Cyclical industry median of 3.11. Rectitude Holdings' overall GF Score™ is 21/100 with 2 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 Rectitude Holdings (RECT), the current Net Current Asset Value is $0.62 as of Sep. 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.

Rectitude Holdings Business Description

Address No. 35 Tampines Industrial Avenue 5, T5 Tampines, Singapore, SGP, 528627
Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks. Additionally the company has added auxiliary products such as industrial hardware tools and electrical hardware required for construction sites.
21GF 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.

$1.41
Price