HRnetGroup (SGX:CHZ) Net Current Asset Value: S$0.35 (As of Jun. 2026) — 85% Below Median

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SGX:CHZ HRnetGroup Ltd SGX:CHZ
69 GF Score
Price S$0.74
GF Value S$0.72
Valuation Fairly Valued
! 4 Warning Signs
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What is HRnetGroup Net Current Asset Value?

HRnetGroup SGX:CHZ -0.68% 69 Net Current Asset Value is S$0.35 as of Jun. 2026, which is 100% below its 10-year median of 2.31. GuruFocus rates SGX:CHZ with a GF Score™ of 69/100 and a GF Value™ of S$0.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 624 Business Services companies, HRnetGroup ranks better than 72.44% 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).

HRnetGroup's net current asset value per share for the quarter that ended in Jun. 2026 was S$0.35.

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

SGX:CHZ' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.9   Med: 2.31   Max: 3.18
Current: 2.1

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of HRnetGroup was 3.18. The lowest was 1.90. And the median was 2.31.

SGX:CHZ's Price-to-Net-Current-Asset-Value is ranked better than
72.44% of 624 companies
in the Business Services industry
Industry Median: 3.735 vs SGX:CHZ: 2.10

HRnetGroup  (SGX:CHZ) 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.


HRnetGroup Net Current Asset Value Related Terms


HRnetGroup Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for HRnetGroup'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.

HRnetGroup Net Current Asset Value Chart

HRnetGroup 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 0.31 0.32 0.34 0.34 0.35

HRnetGroup Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.34 0.34 0.34 0.35 0.35

SGX:CHZ vs KFY, RHI, TNET: Net Current Asset Value Comparison

For the Staffing & Employment Services subindustry, HRnetGroup'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.


HRnetGroup Price-to-Net-Current-Asset-Value vs Business Services Industry

For the Business Services industry and Industrials sector, HRnetGroup's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


SGX:CHZ
69GF Score
HRnetGroup Ltd SGX:CHZ
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HRnetGroup Net Current Asset Value Calculation

HRnetGroup'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)
=(446.312-89.705-11.963-0)/989.099
=0.35

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

Net Current Asset Value Per Share(Q: Jun. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(444.276-85.263-13.221-0)/991.494
=0.35

* 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$0.35 mean?
HRnetGroup (SGX:CHZ) has a Net Current Asset Value of S$0.35 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on HRnetGroup and its competitors. This is 85% below median its historical median of 2.31. Over the past decade, HRnetGroup's Net Current Asset Value has ranged from 1.90 to 3.18. According to the industry distribution chart, HRnetGroup ranks #172 out of 624 companies in the Business Services industry, placing it in the top 27.6%.
Is HRnetGroup's Net Current Asset Value too high?
HRnetGroup's current Net Current Asset Value of S$0.35 is 85% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 3.18. Based on the distribution chart, HRnetGroup ranks #172 out of 624 companies in the Business Services industry, which is above the industry midpoint. Overall, HRnetGroup has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HRnetGroup's Net Current Asset Value compare to KFY and RHI?
According to the Business Services industry distribution chart, HRnetGroup ranks #172 out of 624 companies for Net Current Asset Value. This puts HRnetGroup in the upper half of its industry. The industry median Net Current Asset Value is 3.74. Historically, HRnetGroup's own Net Current Asset Value has ranged from 1.90 to 3.18 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.74, based on 624 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 HRnetGroup and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HRnetGroup's current Net Current Asset Value is S$0.35, which is 85% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HRnetGroup stock overvalued right now?
Based on GuruFocus' analysis, HRnetGroup (SGX:CHZ) is currently considered Fairly Valued. The stock's GF Value™ is S$0.72, compared to a current price of S$0.74 — trading 2.1% above its estimated fair value. The current Net Current Asset Value is S$0.35, which is 85% below median its 10-year median of 2.31. HRnetGroup's overall GF Score™ is 69/100 with 4 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 HRnetGroup (SGX:CHZ), the current Net Current Asset Value is S$0.35 as of Jun. 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 HRnetGroup (SGX:CHZ) Overvalued in 2026?

Based on GuruFocus' analysis, HRnetGroup stock appears to be overvalued. The current stock price of S$0.74 is trading 2.1% above its estimated GF Value™ of S$0.72. GuruFocus considers HRnetGroup to be Fairly Valued.

Key valuation signals for SGX:CHZ:

  • Net Current Asset Value: S$0.35 (85% below median its 10-year median of 2.31)
  • GF Value™: S$0.72 vs. price of S$0.74 (2.1% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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


HRnetGroup Business Description

Address 391A Orchard Road, Ngee Ann City Tower A, No. 23-03, Singapore, SGP, 238873
HRnetGroup Ltd is a provider of recruitment services. The company operates two core segments: Flexible Staffing (FS) and Professional Recruitment (PR). Both segments serve diversified sectors, covering a wide spectrum of industries. The Group provides professional recruitment services under its HRnetOne, PeopleSearch, PeopleFirst and SearchAsia brands, and flexible staffing solutions under its Recruit Express and RecruitFirst brands. The group also offer other services, such as payroll processing, human resource consulting and corporate training.
69GF Score

Get the complete analysis for SGX:CHZ

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

S$0.74
Price
S$0.72
GF Value