Global Investments (SGX:B73) Net Current Asset Value: S$0.04 (As of Dec. 2025) — 98% Below Median

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SGX:B73 Global Investments Ltd SGX:B73
49 GF Score
Price S$0.13
GF Value S$0.11
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Global Investments Net Current Asset Value?

Global Investments SGX:B73 -0.78% 49 Net Current Asset Value is S$0.04 as of Dec. 2025, which is 100% below its 10-year median of 2.17. GuruFocus rates SGX:B73 with a GF Score™ of 49/100 and a GF Value™ of S$0.11 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 375 Asset Management companies, Global Investments ranks better than 52.27% 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).

Global Investments's net current asset value per share for the quarter that ended in Dec. 2025 was S$0.04.

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

SGX:B73' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.75   Med: 2.17   Max: 3.27
Current: 3.18

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Global Investments was 3.27. The lowest was 1.75. And the median was 2.17.

SGX:B73's Price-to-Net-Current-Asset-Value is ranked better than
52.27% of 375 companies
in the Asset Management industry
Industry Median: 3.43 vs SGX:B73: 3.18

Global Investments  (SGX:B73) 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.


Global Investments Net Current Asset Value Related Terms


Global Investments Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Global Investments'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.

Global Investments Net Current Asset Value Chart

Global Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.05 0.04

Global Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.06 0.07 0.05 0.05 0.04

SGX:B73 vs BLK, BX, KKR: Net Current Asset Value Comparison

For the Asset Management subindustry, Global Investments'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.


Global Investments Price-to-Net-Current-Asset-Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Global Investments's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SGX:B73
49GF Score
Global Investments Ltd SGX:B73
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Investments Net Current Asset Value Calculation

Global Investments's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(77.024-1.623-0-0)/1676.206
=0.04

Global Investments's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(77.024-1.623-0-0)/1676.206
=0.04

* 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$0.04 mean?
Global Investments (SGX:B73) has a Net Current Asset Value of S$0.04 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 Global Investments and its competitors. This is 98% below median its historical median of 2.17. Over the past decade, Global Investments' Net Current Asset Value has ranged from 1.75 to 3.27. According to the industry distribution chart, Global Investments ranks #179 out of 375 companies in the Asset Management industry, placing it in the top 47.7%.
Is Global Investments' Net Current Asset Value too high?
Global Investments' current Net Current Asset Value of S$0.04 is 98% below median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 3.27. Based on the distribution chart, Global Investments ranks #179 out of 375 companies in the Asset Management industry, which is above the industry midpoint. Overall, Global Investments has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Investments' Net Current Asset Value compare to BLK and BX?
According to the Asset Management industry distribution chart, Global Investments ranks #179 out of 375 companies for Net Current Asset Value. This puts Global Investments in the upper half of its industry. The industry median Net Current Asset Value is 3.43. Historically, Global Investments' own Net Current Asset Value has ranged from 1.75 to 3.27 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 an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.43, based on 375 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 Global Investments and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Investments's current Net Current Asset Value is S$0.04, which is 98% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Investments stock overvalued right now?
Based on GuruFocus' analysis, Global Investments (SGX:B73) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.11, compared to a current price of S$0.13 — trading 15.5% above its estimated fair value. The current Net Current Asset Value is S$0.04, which is 98% below median its 10-year median of 2.17. Global Investments' overall GF Score™ is 49/100 with 7 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 Global Investments (SGX:B73), the current Net Current Asset Value is S$0.04 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 Global Investments (SGX:B73) Overvalued in 2026?

Based on GuruFocus' analysis, Global Investments stock appears to be overvalued. The current stock price of S$0.13 is trading 15.5% above its estimated GF Value™ of S$0.11. GuruFocus considers Global Investments to be Modestly Overvalued.

Key valuation signals for SGX:B73:

  • Net Current Asset Value: S$0.04 (98% below median its 10-year median of 2.17)
  • GF Value™: S$0.11 vs. price of S$0.13 (15.5% above fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the SGX:B73 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Investments Business Description

Address 250 Tanjong Pagar Road, No. 09-01, St. Andrew’s Centre, Singapore, SGP, 088541
Global Investments Ltd is an investment company. Its focus is to identify opportunities in a wide range of asset classes in different sectors and invest in assets that will generate steady income and potential appreciation in capital so as to deliver regular dividends and achieve capital growth. The company invests in a portfolio of assets in different sectors through different means, which include direct asset ownership, swaps, credit default swaps, debts, warrants, options, convertibles, preference shares, equity, securities lending, etc. Its operating segments are: Listed Equities, which derive maximum revenue, Bonds and Collateralised Loan Obligations, and Bank Contingent Convertibles. Geographically, its investments are spread across North America, Europe, Asia, and other regions.
49GF Score

Get the complete analysis for SGX:B73

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

S$0.13
Price
S$0.11
GF Value