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ES Ceramics Technology Bhd (XKLS:0100) Net Current Asset Value : RM0.10 (As of Feb. 2025)


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What is ES Ceramics Technology Bhd Net Current Asset Value?

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).

ES Ceramics Technology Bhd's net current asset value per share for the quarter that ended in Feb. 2025 was RM0.10.

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

XKLS:0100' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1   Med: 2.38   Max: 7.5
Current: 1

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ES Ceramics Technology Bhd was 7.50. The lowest was 1.00. And the median was 2.38.

XKLS:0100's Price-to-Net-Current-Asset-Value is ranked better than
94.17% of 926 companies
in the Chemicals industry
Industry Median: 4.995 vs XKLS:0100: 1.00

ES Ceramics Technology Bhd Net Current Asset Value Historical Data

The historical data trend for ES Ceramics Technology 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.

* Premium members only.

ES Ceramics Technology Bhd Net Current Asset Value Chart

ES Ceramics Technology Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.09 0.17 0.07 0.10

ES Ceramics Technology Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.11 0.10 0.10 0.10 0.10

Competitive Comparison of ES Ceramics Technology Bhd's Net Current Asset Value

For the Specialty Chemicals subindustry, ES Ceramics Technology 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.


ES Ceramics Technology Bhd's Price-to-Net-Current-Asset-Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where ES Ceramics Technology Bhd's Price-to-Net-Current-Asset-Value falls into.


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ES Ceramics Technology Bhd Net Current Asset Value Calculation

ES Ceramics Technology Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2024 is calculated as

Net Current Asset Value Per Share(A: May. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(201.604-136.67-0-0)/671.389
=0.10

ES Ceramics Technology Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Feb. 2025 is calculated as

Net Current Asset Value Per Share(Q: Feb. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(211.41-139.47-0-0)/707.114
=0.10

* 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.


ES Ceramics Technology Bhd  (XKLS:0100) 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.


ES Ceramics Technology Bhd Net Current Asset Value Related Terms

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ES Ceramics Technology Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 37, 39 and 41, Lengkok Rishah 2, Kawasan Perindustrian Silibin, Ipoh, PRK, MYS, 30100
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bag and balloon. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segment include Investment Holding, Glove and Investing and Construction, which derives maximum revenue.

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