Mikro MSC BhdXKLS:0112 48 Net Current Asset Value is RM0.05 as of Mar. 2026, which is 100% below its 10-year median of 4.20. GuruFocus rates XKLS:0112 with a GF Score™ of 48/100 and a GF Value™ of RM0.22 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,214 Industrial Products companies, Mikro MSC Bhd ranks worse than 70.78% 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).
Mikro MSC Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.05.
The historical rank and industry rank for Mikro MSC Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0112'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.78 Med: 4.2 Max: 10.4
Current: 10.4
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mikro MSC Bhd was 10.40. The lowest was 1.78. And the median was 4.20.
XKLS:0112's Price-to-Net-Current-Asset-Value is ranked worse than 70.78% of 2214
companies
in the Industrial Products industry
Industry Median: 5.3
vs XKLS:0112: 10.40
Mikro MSC Bhd (XKLS:0112) 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.
Mikro MSC Bhd Net Current Asset Value Related Terms
Mikro MSC Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Mikro MSC 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:0112 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Mikro MSC 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.
Mikro MSC Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mikro MSC 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 RM0.05 mean?
Mikro MSC Bhd (XKLS:0112) has a Net Current Asset Value of RM0.05 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 Mikro MSC Bhd and its competitors. This is 99% below median its historical median of 4.20. Over the past decade, Mikro MSC Bhd's Net Current Asset Value has ranged from 1.78 to 10.40. According to the industry distribution chart, Mikro MSC Bhd ranks #1567 out of 2214 companies in the Industrial Products industry, placing it in the top 70.8%.
Is Mikro MSC Bhd's Net Current Asset Value too high?
Mikro MSC Bhd's current Net Current Asset Value of RM0.05 is 99% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 10.40. Based on the distribution chart, Mikro MSC Bhd ranks #1567 out of 2214 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mikro MSC Bhd has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mikro MSC Bhd's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mikro MSC Bhd ranks #1567 out of 2214 companies for Net Current Asset Value. This places Mikro MSC Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.30. Historically, Mikro MSC Bhd's own Net Current Asset Value has ranged from 1.78 to 10.40 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.30, based on 2,214 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 Mikro MSC Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikro MSC Bhd's current Net Current Asset Value is RM0.05, which is 99% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikro MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mikro MSC Bhd (XKLS:0112) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.22, compared to a current price of RM0.52 — trading 136.4% above its estimated fair value. The current Net Current Asset Value is RM0.05, which is 99% below median its 10-year median of 4.20. Mikro MSC Bhd's overall GF Score™ is 48/100 with 9 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 Mikro MSC Bhd (XKLS:0112), the current Net Current Asset Value is RM0.05 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 Mikro MSC Bhd (XKLS:0112) Overvalued in 2026?
Based on GuruFocus' analysis, Mikro MSC Bhd stock appears to be overvalued.
The current stock price of RM0.52 is trading 136.4% above its estimated GF Value™ of RM0.22.
GuruFocus considers Mikro MSC Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0112:
Net Current Asset Value: RM0.05 (99% below median its 10-year median of 4.20)
GF Value™: RM0.22 vs. price of RM0.52 (136.4% above fair value)
No single metric tells the full story. See the XKLS:0112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mikro MSC Bhd is engaged in the research, development, design, and manufacturing of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services and manufacturing and trading of biomass fuel products. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia Segment which is engaged in R&D, and manufacturing of electronic and biomass fuel products.
48GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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