Southern Cable Group Bhd (XKLS:0225) Net Current Asset Value: RM0.52 (As of Mar. 2026) — 72% Below Median

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XKLS:0225 Southern Cable Group Bhd XKLS:0225
83 GF Score
Price RM2.29
GF Value RM1.23
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Southern Cable Group Bhd Net Current Asset Value?

Southern Cable Group Bhd XKLS:0225 -0.43% 83 Net Current Asset Value is RM0.52 as of Mar. 2026, which is 100% below its 10-year median of 1.89. GuruFocus rates XKLS:0225 with a GF Score™ of 83/100 and a GF Value™ of RM1.23 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,215 Industrial Products companies, Southern Cable Group Bhd ranks better than 56.03% 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).

Southern Cable Group Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.52.

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

XKLS:0225' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.21   Med: 1.89   Max: 6.85
Current: 4.4

During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Southern Cable Group Bhd was 6.85. The lowest was 1.21. And the median was 1.89.

XKLS:0225's Price-to-Net-Current-Asset-Value is ranked better than
56.03% of 2215 companies
in the Industrial Products industry
Industry Median: 5.14 vs XKLS:0225: 4.40

Southern Cable Group Bhd  (XKLS:0225) 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.


Southern Cable Group Bhd Net Current Asset Value Related Terms


Southern Cable Group Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Southern Cable Group 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.

Southern Cable Group Bhd Net Current Asset Value Chart

Southern Cable Group Bhd 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 0.23 0.24 0.27 0.29 0.50

Southern Cable Group Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.32 0.33 0.34 0.50 0.52

XKLS:0225 vs VRT, BE: Net Current Asset Value Comparison

For the Electrical Equipment & Parts subindustry, Southern Cable Group 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.


Southern Cable Group Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry

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

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


XKLS:0225
83GF Score
Southern Cable Group Bhd XKLS:0225
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Cable Group Bhd Net Current Asset Value Calculation

Southern Cable Group Bhd'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)
=(964.437-401.76-0-0)/1127.995
=0.50

Southern Cable Group Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(959.068-372.298-0-0)/1130.645
=0.52

* 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 RM0.52 mean?
Southern Cable Group Bhd (XKLS:0225) has a Net Current Asset Value of RM0.52 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 Southern Cable Group Bhd and its competitors. This is 72% below median its historical median of 1.89. Over the past decade, Southern Cable Group Bhd's Net Current Asset Value has ranged from 1.21 to 6.85. According to the industry distribution chart, Southern Cable Group Bhd ranks #974 out of 2215 companies in the Industrial Products industry, placing it in the top 44%.
Is Southern Cable Group Bhd's Net Current Asset Value too high?
Southern Cable Group Bhd's current Net Current Asset Value of RM0.52 is 72% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 6.85. Based on the distribution chart, Southern Cable Group Bhd ranks #974 out of 2215 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Southern Cable Group Bhd has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Cable Group Bhd's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Southern Cable Group Bhd ranks #974 out of 2215 companies for Net Current Asset Value. This puts Southern Cable Group Bhd in the upper half of its industry. The industry median Net Current Asset Value is 5.14. Historically, Southern Cable Group Bhd's own Net Current Asset Value has ranged from 1.21 to 6.85 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 5.14, based on 2,215 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 Southern Cable Group Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Cable Group Bhd's current Net Current Asset Value is RM0.52, which is 72% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Cable Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Southern Cable Group Bhd (XKLS:0225) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.23, compared to a current price of RM2.29 — trading 86.2% above its estimated fair value. The current Net Current Asset Value is RM0.52, which is 72% below median its 10-year median of 1.89. Southern Cable Group Bhd's overall GF Score™ is 83/100 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 Southern Cable Group Bhd (XKLS:0225), the current Net Current Asset Value is RM0.52 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 Southern Cable Group Bhd (XKLS:0225) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Cable Group Bhd stock appears to be overvalued. The current stock price of RM2.29 is trading 86.2% above its estimated GF Value™ of RM1.23. GuruFocus considers Southern Cable Group Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0225:

  • Net Current Asset Value: RM0.52 (72% below median its 10-year median of 1.89)
  • GF Value™: RM1.23 vs. price of RM2.29 (86.2% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Cable Group Bhd Business Description

Address Lot 42, Jalan Merbau Pulas, Kawasan Perusahaan Kuala Ketil, Kuala Ketil, KDH, MYS, 09300
Southern Cable Group Bhd is a manufacturer of cables and wires. The company's portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. Its reportable operating segments are Power cables and wires, Communications cables and wires, Control and instrumentation cables and wires, and Related products and services. A majority of its revenue is generated from the Power cables and wires, which are used in electrical systems for the distribution of power. Geographically, the company generates maximum revenue from its local markets and also exports its products to other regions.
83GF Score

Get the complete analysis for XKLS:0225

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

RM2.29
Price
RM1.23
GF Value