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REDtone Digital BhdXKLS:0032 +1.61%49 Net Current Asset Value is RM0.18 as of Mar. 2026, which is 100% below its 10-year median of 2.88. GuruFocus rates XKLS:0032 with a GF Score™ of 49/100 and a GF Value™ of RM0.84 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 98 Telecommunication Services companies, REDtone Digital Bhd ranks better than 80.61% 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).
REDtone Digital Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.18.
The historical rank and industry rank for REDtone Digital Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0032'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.58 Med: 2.88 Max: 6.96
Current: 1.75
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of REDtone Digital Bhd was 6.96. The lowest was 1.58. And the median was 2.88.
XKLS:0032's Price-to-Net-Current-Asset-Value is ranked better than 80.61% of 98
companies
in the Telecommunication Services industry
Industry Median: 5.45
vs XKLS:0032: 1.75
REDtone Digital Bhd (XKLS:0032) 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.
REDtone Digital Bhd Net Current Asset Value Related Terms
REDtone Digital Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for REDtone Digital Bhd'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.
XKLS:0032 vs VZ, TMUS, T: Net Current Asset Value Comparison
For the Telecom Services subindustry, REDtone Digital Bhd'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.
REDtone Digital Bhd Price-to-Net-Current-Asset-Value vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, REDtone Digital Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where REDtone Digital Bhd'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 RM0.18 mean?
REDtone Digital Bhd (XKLS:0032) has a Net Current Asset Value of RM0.18 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 REDtone Digital Bhd and its competitors. This is 94% below median its historical median of 2.88. Over the past decade, REDtone Digital Bhd's Net Current Asset Value has ranged from 1.58 to 6.96. According to the industry distribution chart, REDtone Digital Bhd ranks #19 out of 98 companies in the Telecommunication Services industry, placing it in the top 19.4%.
Is REDtone Digital Bhd's Net Current Asset Value too high?
REDtone Digital Bhd's current Net Current Asset Value of RM0.18 is 94% below median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 6.96. Based on the distribution chart, REDtone Digital Bhd ranks #19 out of 98 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, REDtone Digital Bhd has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does REDtone Digital Bhd's Net Current Asset Value compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, REDtone Digital Bhd ranks #19 out of 98 companies for Net Current Asset Value. This places REDtone Digital Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.45. Historically, REDtone Digital Bhd's own Net Current Asset Value has ranged from 1.58 to 6.96 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 Telecommunication Services company?
The median Net Current Asset Value among Telecommunication Services companies is 5.45, based on 98 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 REDtone Digital Bhd and its competitors. For the Telecommunication Services industry, the median Net Current Asset Value is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REDtone Digital Bhd's current Net Current Asset Value is RM0.18, which is 94% below median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REDtone Digital Bhd stock overvalued right now?
Based on GuruFocus' analysis, REDtone Digital Bhd (XKLS:0032) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.84, compared to a current price of RM0.32 — trading 62.5% below its estimated fair value. The current Net Current Asset Value is RM0.18, which is 94% below median its 10-year median of 2.88. REDtone Digital Bhd's overall GF Score™ is 49/100 with 8 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 REDtone Digital Bhd (XKLS:0032), the current Net Current Asset Value is RM0.18 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 REDtone Digital Bhd (XKLS:0032) Overvalued in 2026?
Based on GuruFocus' analysis, REDtone Digital Bhd stock appears to be undervalued.
The current stock price of RM0.32 is trading 62.5% below its estimated GF Value™ of RM0.84.
GuruFocus considers REDtone Digital Bhd to be Significantly Undervalued.
Key valuation signals for XKLS:0032:
Net Current Asset Value: RM0.18 (94% below median its 10-year median of 2.88)
GF Value™: RM0.84 vs. price of RM0.32 (62.5% below fair value)
No single metric tells the full story. See the XKLS:0032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REDtone Digital Bhd is a digital infrastructure and services provider operating through three segments: Telecommunication Services, offering data, managed network services, Cloud PBX, SIP Trunking, managed cybersecurity, and Starlink satellite connectivity; Managed Telecommunications Network Services, strengthening Malaysia's digital infrastructure in underserved and rural areas, supporting initiatives like Kampung Tanpa Wayar, Time-3, and JENDELA; and Cloud, Artificial Intelligence, and Internet of Things, providing cloud-first, AI-powered, and IoT-enabled solutions including AI Agents, smart farming, and SaaS CRM platforms. The company generates majority of its revenue from the Managed Telecommunications Network Services segment and operates in Malaysia.
49GF Score
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