Goodland Group (SGX:5PC) Net Current Asset Value: S$0.19 (As of Mar. 2026) — 73% Below Median

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SGX:5PC Goodland Group Ltd SGX:5PC
24 GF Score
Price S$0.12
GF Value S$0.04
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Goodland Group Net Current Asset Value?

Goodland Group SGX:5PC 24 Net Current Asset Value is S$0.19 as of Mar. 2026, which is 100% below its 10-year median of 0.70. GuruFocus rates SGX:5PC with a GF Score™ of 24/100 and a GF Value™ of S$0.04 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 757 Real Estate companies, Goodland Group ranks better than 87.05% 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).

Goodland Group's net current asset value per share for the quarter that ended in Mar. 2026 was S$0.19.

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

SGX:5PC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.55   Med: 0.7   Max: 1.13
Current: 0.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Goodland Group was 1.13. The lowest was 0.55. And the median was 0.70.

SGX:5PC's Price-to-Net-Current-Asset-Value is ranked better than
87.05% of 757 companies
in the Real Estate industry
Industry Median: 2.13 vs SGX:5PC: 0.63

Goodland Group  (SGX:5PC) 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.


Goodland Group Net Current Asset Value Related Terms


Goodland Group Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Goodland 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.

Goodland Group Net Current Asset Value Chart

Goodland Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.18 0.20 0.19

Goodland Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.20 0.20 0.19 0.19

Goodland Group Net Current Asset Value Competitor Comparison

For the Real Estate - Development subindustry, Goodland 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.


Goodland Group Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Goodland Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SGX:5PC
24GF Score
Goodland Group Ltd SGX:5PC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodland Group Net Current Asset Value Calculation

Goodland Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Sep. 2025 is calculated as

Net Current Asset Value Per Share(A: Sep. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(245.451-131.415-46.774-0)/359.069
=0.19

Goodland Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(257.121-140.366-47.954-0)/359.069
=0.19

* 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 S$0.19 mean?
Goodland Group (SGX:5PC) has a Net Current Asset Value of S$0.19 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Goodland Group and its competitors. This is 73% below median its historical median of 0.70. Over the past decade, Goodland Group's Net Current Asset Value has ranged from 0.55 to 1.13. According to the industry distribution chart, Goodland Group ranks #98 out of 757 companies in the Real Estate industry, placing it in the top 12.9%.
Is Goodland Group's Net Current Asset Value too high?
Goodland Group's current Net Current Asset Value of S$0.19 is 73% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.13. Based on the distribution chart, Goodland Group ranks #98 out of 757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Goodland Group has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodland Group's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Goodland Group ranks #98 out of 757 companies for Net Current Asset Value. This places Goodland Group in the top 13% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.13. Historically, Goodland Group's own Net Current Asset Value has ranged from 0.55 to 1.13 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 a Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.13, based on 757 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 Goodland Group and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodland Group's current Net Current Asset Value is S$0.19, which is 73% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodland Group stock overvalued right now?
Based on GuruFocus' analysis, Goodland Group (SGX:5PC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.12 — trading 200% above its estimated fair value. The current Net Current Asset Value is S$0.19, which is 73% below median its 10-year median of 0.70. Goodland Group's overall GF Score™ is 24/100 with 9 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 Goodland Group (SGX:5PC), the current Net Current Asset Value is S$0.19 as of Mar. 2026. 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 Goodland Group (SGX:5PC) Overvalued in 2026?

Based on GuruFocus' analysis, Goodland Group stock appears to be overvalued. The current stock price of S$0.12 is trading 200% above its estimated GF Value™ of S$0.04. GuruFocus considers Goodland Group to be Significantly Overvalued.

Key valuation signals for SGX:5PC:

  • Net Current Asset Value: S$0.19 (73% below median its 10-year median of 0.70)
  • GF Value™: S$0.04 vs. price of S$0.12 (200% above fair value)
  • GF Score™: 24/100 with 9 warning signs

No single metric tells the full story. See the SGX:5PC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodland Group Business Description

Address 3 Kim Chuan Lane, Number 07-01 Goodland Group Building, Singapore, SGP, 537069
Goodland Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in property development in Singapore. It holds a diverse portfolio of investment properties and land banks in Singapore. The company's reportable segments are: (i) Property development segment - developing properties for sale, (ii) Construction segment - constructing residential and commercial properties, (iii) Property investment segment - investing in properties to earn rentals and for capital appreciation, (iv) Others - comprising mainly corporate office functions and investment in shares. The majority of the company's revenue is generated from the construction segment.
24GF Score

Get the complete analysis for SGX:5PC

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

S$0.12
Price
S$0.04
GF Value