Evergreen Max Cash Capital Bhd (XKLS:0286) Net Current Asset Value: RM0.19 (As of Mar. 2026) — 92% Below Median

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XKLS:0286 Evergreen Max Cash Capital Bhd XKLS:0286
40 GF Score
Price RM0.35
GF Value RM0.77
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Evergreen Max Cash Capital Bhd Net Current Asset Value?

Evergreen Max Cash Capital Bhd XKLS:0286 40 Net Current Asset Value is RM0.19 as of Mar. 2026, which is 100% below its 10-year median of 2.43. GuruFocus rates XKLS:0286 with a GF Score™ of 40/100 and a GF Value™ of RM0.77 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 280 Credit Services companies, Evergreen Max Cash Capital Bhd ranks better than 56.07% 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).

Evergreen Max Cash Capital Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.19.

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

XKLS:0286' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.58   Med: 2.43   Max: 3.09
Current: 1.84

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Evergreen Max Cash Capital Bhd was 3.09. The lowest was 1.58. And the median was 2.43.

XKLS:0286's Price-to-Net-Current-Asset-Value is ranked better than
56.07% of 280 companies
in the Credit Services industry
Industry Median: 2.13 vs XKLS:0286: 1.84

Evergreen Max Cash Capital Bhd  (XKLS:0286) 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.


Evergreen Max Cash Capital Bhd Net Current Asset Value Related Terms


Evergreen Max Cash Capital Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Net Current Asset Value Chart

Evergreen Max Cash Capital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial 0.07 0.09 0.16 0.15 0.18

Evergreen Max Cash Capital Bhd Quarterly Data
Dec19 Dec20 Dec21 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 0.16 0.17 0.17 0.18 0.19

XKLS:0286 vs V, MA, AXP: Net Current Asset Value Comparison

For the Credit Services subindustry, Evergreen Max Cash Capital 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.


Evergreen Max Cash Capital Bhd Price-to-Net-Current-Asset-Value vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Evergreen Max Cash Capital Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XKLS:0286
40GF Score
Evergreen Max Cash Capital Bhd XKLS:0286
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Max Cash Capital Bhd Net Current Asset Value Calculation

Evergreen Max Cash Capital 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)
=(563.601-365.318-0-0)/1120.478
=0.18

Evergreen Max Cash Capital 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)
=(615.328-402.402-0-0)/1120.605
=0.19

* 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 RM0.19 mean?
Evergreen Max Cash Capital Bhd (XKLS:0286) has a Net Current Asset Value of RM0.19 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 Evergreen Max Cash Capital Bhd and its competitors. This is 92% below median its historical median of 2.43. Over the past decade, Evergreen Max Cash Capital Bhd's Net Current Asset Value has ranged from 1.58 to 3.09. According to the industry distribution chart, Evergreen Max Cash Capital Bhd ranks #123 out of 280 companies in the Credit Services industry, placing it in the top 43.9%.
Is Evergreen Max Cash Capital Bhd's Net Current Asset Value too high?
Evergreen Max Cash Capital Bhd's current Net Current Asset Value of RM0.19 is 92% below median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 3.09. Based on the distribution chart, Evergreen Max Cash Capital Bhd ranks #123 out of 280 companies in the Credit Services industry, which is above the industry midpoint. Overall, Evergreen Max Cash Capital Bhd has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Evergreen Max Cash Capital Bhd's Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, Evergreen Max Cash Capital Bhd ranks #123 out of 280 companies for Net Current Asset Value. This puts Evergreen Max Cash Capital Bhd in the upper half of its industry. The industry median Net Current Asset Value is 2.13. Historically, Evergreen Max Cash Capital Bhd's own Net Current Asset Value has ranged from 1.58 to 3.09 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.13, based on 280 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 Evergreen Max Cash Capital Bhd and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Max Cash Capital Bhd's current Net Current Asset Value is RM0.19, which is 92% below median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Max Cash Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Max Cash Capital Bhd (XKLS:0286) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.77, compared to a current price of RM0.35 — trading 54.5% below its estimated fair value. The current Net Current Asset Value is RM0.19, which is 92% below median its 10-year median of 2.43. Evergreen Max Cash Capital Bhd's overall GF Score™ is 40/100 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 Evergreen Max Cash Capital Bhd (XKLS:0286), the current Net Current Asset Value is RM0.19 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 Evergreen Max Cash Capital Bhd (XKLS:0286) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Max Cash Capital Bhd stock appears to be undervalued. The current stock price of RM0.35 is trading 54.5% below its estimated GF Value™ of RM0.77. GuruFocus considers Evergreen Max Cash Capital Bhd to be Possible Value Trap.

Key valuation signals for XKLS:0286:

  • Net Current Asset Value: RM0.19 (92% below median its 10-year median of 2.43)
  • GF Value™: RM0.77 vs. price of RM0.35 (54.5% below fair value)
  • GF Score™: 40/100 with 8 warning signs

No single metric tells the full story. See the XKLS:0286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Max Cash Capital Bhd Business Description

Address No. 1, Jalan Lima, Off Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 55200
Evergreen Max Cash Capital Bhd is principally engaged in the business of investment holding and the provision of management services. The company has four operating segment Pawnbroking services; Tawarruq products; Retail and trading of jewellery, gold and luxury products; and others. The company generates majority of revenue from Retail and trading of jewellery, gold and luxury products which includes Retail sale of new and pre-owned jewellery, gold and luxury products; Sale of scrap gold acquired from unredeemed and bid pledges, and pre-owned jewellery and gold from walk-in individuals. The Group's operations are carried out entirely in Malaysia.
40GF Score

Get the complete analysis for XKLS:0286

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

RM0.35
Price
RM0.77
GF Value