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Duty Free InternationalSGX:5SO Net Current Asset Value is S$0.03 as of May. 2026, which is 100% below its 10-year median of 2.03. The stock has 5 warning signs investors should review. Among 561 Retail - Cyclical companies, Duty Free International ranks better than 63.46% 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).
Duty Free International's net current asset value per share for the quarter that ended in May. 2026 was S$0.03.
The historical rank and industry rank for Duty Free International's Net Current Asset Value or its related term are showing as below:
SGX:5SO'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.32 Med: 2.03 Max: 9
Current: 2.2
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Duty Free International was 9.00. The lowest was 1.32. And the median was 2.03.
SGX:5SO's Price-to-Net-Current-Asset-Value is ranked better than 63.46% of 561
companies
in the Retail - Cyclical industry
Industry Median: 3.06
vs SGX:5SO: 2.20
Duty Free International (SGX:5SO) 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.
Duty Free International Net Current Asset Value Related Terms
Duty Free International Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Duty Free International'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.
Duty Free International Net Current Asset Value Chart
SGX:5SO vs CASY, WSM, ULTA: Net Current Asset Value Comparison
For the Specialty Retail subindustry, Duty Free International'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.
Duty Free International Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Duty Free International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Duty Free International'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 S$0.03 mean?
Duty Free International (SGX:5SO) has a Net Current Asset Value of S$0.03 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Duty Free International and its competitors. This is 99% below median its historical median of 2.03. Over the past decade, Duty Free International's Net Current Asset Value has ranged from 1.32 to 9.00. According to the industry distribution chart, Duty Free International ranks #205 out of 561 companies in the Retail - Cyclical industry, placing it in the top 36.5%.
Is Duty Free International's Net Current Asset Value too high?
Duty Free International's current Net Current Asset Value of S$0.03 is 99% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 9.00. Based on the distribution chart, Duty Free International ranks #205 out of 561 companies in the Retail - Cyclical industry, which is above the industry midpoint.
How does Duty Free International's Net Current Asset Value compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Duty Free International ranks #205 out of 561 companies for Net Current Asset Value. This puts Duty Free International in the upper half of its industry. The industry median Net Current Asset Value is 3.06. Historically, Duty Free International's own Net Current Asset Value has ranged from 1.32 to 9.00 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.06, 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. 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 Duty Free International and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duty Free International's current Net Current Asset Value is S$0.03, which is 99% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duty Free International stock overvalued right now?
Based on GuruFocus' analysis, Duty Free International (SGX:5SO) is currently considered Significantly Undervalued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.07 — trading 49.2% below its estimated fair value. The current Net Current Asset Value is S$0.03, which is 99% below median its 10-year median of 2.03. 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 Duty Free International (SGX:5SO), the current Net Current Asset Value is S$0.03 as of May. 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.
Duty Free International Ltd is a diversified group engaged in the operations of duty-free retail businesses and the manufacture of automotive component parts. Its segments include Trading of duty free goods and non-dutiable merchandise includes revenues from sale of goods, Manufacturing and supplying of automotive component parts includes revenues from sale of goods, and Investment holding and others includes revenues from sale of oil palm fresh fruit bunches. The majority of revenue is derived from Trading of duty free goods and non-dutiable merchandise segment. Beyond its core businesses, DFI also owns the Black Forest Golf and Country Club and oil palm plantation assets. The activities of the company are carried out mainly in Malaysia.
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