Fibon Bhd (XKLS:0149) Net Current Asset Value: RM0.50 (As of Feb. 2026) — 49% Below Median


XKLS:0149 Fibon Bhd XKLS:0149
57 GF Score
Price RM0.38
GF Value RM0.58
Valuation Significantly Undervalued
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What is Fibon Bhd Net Current Asset Value?

Fibon Bhd XKLS:0149 57 Net Current Asset Value is RM0.50 as of Feb. 2026, which is 100% below its 10-year median of 0.99. GuruFocus rates XKLS:0149 with a GF Score™ of 57/100 and a GF Value™ of RM0.58 (Significantly Undervalued). Among 2,214 Industrial Products companies, Fibon Bhd ranks better than 96.43% 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).

Fibon Bhd's net current asset value per share for the quarter that ended in Feb. 2026 was RM0.50.

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

XKLS:0149' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.68   Med: 0.99   Max: 2.12
Current: 0.75

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fibon Bhd was 2.12. The lowest was 0.68. And the median was 0.99.

XKLS:0149's Price-to-Net-Current-Asset-Value is ranked better than
96.43% of 2214 companies
in the Industrial Products industry
Industry Median: 5.3 vs XKLS:0149: 0.75

Fibon Bhd  (XKLS:0149) 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.


Fibon Bhd Net Current Asset Value Related Terms


Fibon Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Fibon 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.

Fibon Bhd Net Current Asset Value Chart

Fibon Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.42 0.45 0.47 0.48

Fibon Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.47 0.48 0.49 0.50 0.50

XKLS:0149 vs VRT, BE: Net Current Asset Value Comparison

For the Electrical Equipment & Parts subindustry, Fibon 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.


Fibon Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fibon Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XKLS:0149
57GF Score
Fibon Bhd XKLS:0149
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fibon Bhd Net Current Asset Value Calculation

Fibon Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2025 is calculated as

Net Current Asset Value Per Share(A: May. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(50.897-3.56-0-0)/97.717
=0.48

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

Net Current Asset Value Per Share(Q: Feb. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(52.676-3.773-0-0)/97.717
=0.50

* 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 RM0.50 mean?
Fibon Bhd (XKLS:0149) has a Net Current Asset Value of RM0.50 as of Feb. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Fibon Bhd and its competitors. This is 49% below median its historical median of 0.99. Over the past decade, Fibon Bhd's Net Current Asset Value has ranged from 0.68 to 2.12. According to the industry distribution chart, Fibon Bhd ranks #79 out of 2214 companies in the Industrial Products industry, placing it in the top 3.6%.
Is Fibon Bhd's Net Current Asset Value too high?
Fibon Bhd's current Net Current Asset Value of RM0.50 is 49% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.12. Based on the distribution chart, Fibon Bhd ranks #79 out of 2214 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fibon Bhd has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fibon Bhd's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fibon Bhd ranks #79 out of 2214 companies for Net Current Asset Value. This places Fibon Bhd in the top 4% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.30. Historically, Fibon Bhd's own Net Current Asset Value has ranged from 0.68 to 2.12 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 Fibon 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. Fibon Bhd's current Net Current Asset Value is RM0.50, which is 49% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fibon Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fibon Bhd (XKLS:0149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.58, compared to a current price of RM0.38 — trading 35.3% below its estimated fair value. The current Net Current Asset Value is RM0.50, which is 49% below median its 10-year median of 0.99. Fibon Bhd's overall GF Score™ is 57/100. 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 Fibon Bhd (XKLS:0149), the current Net Current Asset Value is RM0.50 as of Feb. 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 Fibon Bhd (XKLS:0149) Overvalued in 2026?

Based on GuruFocus' analysis, Fibon Bhd stock appears to be undervalued. The current stock price of RM0.38 is trading 35.3% below its estimated GF Value™ of RM0.58. GuruFocus considers Fibon Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0149:

  • Net Current Asset Value: RM0.50 (49% below median its 10-year median of 0.99)
  • GF Value™: RM0.58 vs. price of RM0.38 (35.3% below fair value)
  • GF Score™: 57/100

No single metric tells the full story. See the XKLS:0149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fibon Bhd Business Description

Address 12A, Jalan 20, Taman Sri Kluang, Kluang, JHR, MYS, 86000
Fibon Bhd is enagaged in the manufacturing of polymer matrix fibre composites for the manufacturing of high-amperage insulators. The business segments of the company are Investment holding, Sales of goods and Financing income. The Investment holding segment includes investments made and other related activities. The Sales of goods segment comprises manufacturing and trading of electrical insulators, electrical enclosures, switchboards equipment parts and meter boards. The Financing income segment is engaged in the financial business of factoring and financing activities. The majority of the firm's revenue comes from Singapore.
57GF Score

Get the complete analysis for XKLS:0149

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

RM0.38
Price
RM0.58
GF Value