RMSG (Real Messenger) Net Current Asset Value: $0.09 (As of Sep. 2025) — 99% Below Median


RMSG Real Messenger Corp RMSG
12 GF Score
Price $0.49
! 2 Warning Signs
View Full Analysis

What is Real Messenger Net Current Asset Value?

Real Messenger RMSG -5.50% 12 Net Current Asset Value is $0.09 as of Sep. 2025, which is 99% below its 10-year median of 16.25. GuruFocus rates RMSG with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 1,755 Software companies, Real Messenger ranks worse than 55.78% 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).

Real Messenger's net current asset value per share for the quarter that ended in Sep. 2025 was $0.09.

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

RMSG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.34   Med: 16.25   Max: 26.78
Current: 5.41

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Real Messenger was 26.78. The lowest was 5.34. And the median was 16.25.

RMSG's Price-to-Net-Current-Asset-Value is ranked worse than
55.78% of 1755 companies
in the Software industry
Industry Median: 4.78 vs RMSG: 5.41

Real Messenger  (NAS:RMSG) 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.


Real Messenger Net Current Asset Value Related Terms


Real Messenger Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Real Messenger'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.

Real Messenger Net Current Asset Value Chart

Real Messenger Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Net Current Asset Value
-0.81 0.13 -0.40 0.39

Real Messenger Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Current Asset Value Get a 7-Day Free Trial 0.00 -0.40 -0.58 0.39 0.09

RMSG vs ORKT, MTBLY, IONI: Net Current Asset Value Comparison

For the Software - Application subindustry, Real Messenger'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.


Real Messenger Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Real Messenger's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


RMSG
12GF Score
Real Messenger Corp RMSG
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Messenger Net Current Asset Value Calculation

Real Messenger'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)
=(3.792-0.349-0-0)/8.871
=0.39

Real Messenger'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)
=(1.077-0.233-0-0)/9.255
=0.09

* 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 $0.09 mean?
Real Messenger (RMSG) has a Net Current Asset Value of $0.09 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 Real Messenger and its competitors. This is 99% below median its historical median of 16.25. Over the past decade, Real Messenger's Net Current Asset Value has ranged from 5.34 to 26.78. According to the industry distribution chart, Real Messenger ranks #979 out of 1755 companies in the Software industry, placing it in the top 55.8%.
Is Real Messenger's Net Current Asset Value too high?
Real Messenger's current Net Current Asset Value of $0.09 is 99% below median its 10-year median of 16.25. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 26.78. The Software industry median Net Current Asset Value is 4.78. Real Messenger's value of $0.09 is 98.1% below this industry median. Based on the distribution chart, Real Messenger ranks #979 out of 1755 companies in the Software industry, which is below the industry midpoint. Overall, Real Messenger has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Real Messenger's Net Current Asset Value compare to ORKT and MTBLY?
According to the Software industry distribution chart, Real Messenger ranks #979 out of 1755 companies for Net Current Asset Value. This places Real Messenger in the lower half of its industry. The industry median Net Current Asset Value is 4.78. Real Messenger's value of $0.09 is 98.1% below this benchmark. Historically, Real Messenger's own Net Current Asset Value has ranged from 5.34 to 26.78 over the past decade. While the company's 10-year median is 16.25 vs. the industry median of 4.78, Real Messenger 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 Software company?
The median Net Current Asset Value among Software companies is 4.78, based on 1,755 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. Real Messenger's current Net Current Asset Value of $0.09 is 98.1% 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 Real Messenger and its competitors. For the Software industry, the median Net Current Asset Value is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Messenger's current Net Current Asset Value is $0.09, which is 99% below median its own 10-year median of 16.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Messenger stock overvalued right now?
Real Messenger (RMSG) has a current Net Current Asset Value of $0.09. The current Net Current Asset Value is $0.09, which is 99% below median its 10-year median of 16.25 and 98.1% below the Software industry median of 4.78. Real Messenger's overall GF Score™ is 12/100 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 Real Messenger (RMSG), the current Net Current Asset Value is $0.09 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.

Real Messenger Business Description

Address 695 Town Center Drive, Suite 1200, Costa Mesa, CA, USA, 92626
Real Messenger Corp operates with its subsidiary in online marketplace that directly connects real estate agents with home buyers and sellers through its social network application, namely Real. It is a revolutionizing real estate communication, connecting all stakeholders through a chat app, enabling real-time messaging, documentation, and integration with other real estate software in a safe and secure environment.
12GF Score

Get the complete analysis for RMSG

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

$0.49
Price