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).
The historical rank and industry rank for Matrix Parking Solution Holdings Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:03019'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13 Med: 14.5 Max: 16
Current: 13
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Matrix Parking Solution Holdings Bhd was 16.00. The lowest was 13.00. And the median was 14.50.
XKLS:03019's Price-to-Net-Current-Asset-Value is not ranked
in the Construction industry.
Industry Median: 3.25
vs XKLS:03019: 13.00
Matrix Parking Solution Holdings Bhd (XKLS:03019) 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.
Matrix Parking Solution Holdings Bhd Net Current Asset Value Related Terms
Matrix Parking Solution Holdings Bhd Net Current Asset Value Historical Data
* 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.
Matrix Parking Solution Holdings Bhd Net Current Asset Value Chart
Matrix Parking Solution Holdings Bhd Net Current Asset Value Competitor Comparison
For the Infrastructure Operations subindustry, Matrix Parking Solution Holdings 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.
Matrix Parking Solution Holdings Bhd Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Matrix Parking Solution Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Matrix Parking Solution Holdings 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 RM0.01 mean?
Matrix Parking Solution Holdings Bhd (XKLS:03019) has a Net Current Asset Value of RM0.01 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Matrix Parking Solution Holdings Bhd and its competitors. This is 100% below median its historical median of 14.50. Over the past decade, Matrix Parking Solution Holdings Bhd's Net Current Asset Value has ranged from 13.00 to 16.00.
Is Matrix Parking Solution Holdings Bhd's Net Current Asset Value too high?
Matrix Parking Solution Holdings Bhd's current Net Current Asset Value of RM0.01 is 100% below median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 13.00 to a high of 16.00. Overall, Matrix Parking Solution Holdings Bhd has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Parking Solution Holdings Bhd's Net Current Asset Value compare to competitors?
Matrix Parking Solution Holdings Bhd's Net Current Asset Value of RM0.01 can be compared against companies in the Construction industry. The industry median Net Current Asset Value is 3.25. Historically, Matrix Parking Solution Holdings Bhd's own Net Current Asset Value has ranged from 13.00 to 16.00 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.25, based on 1,058 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 Matrix Parking Solution Holdings Bhd and its competitors. For the Construction industry, the median Net Current Asset Value is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Parking Solution Holdings Bhd's current Net Current Asset Value is RM0.01, which is 100% below median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Parking Solution Holdings Bhd stock overvalued right now?
Matrix Parking Solution Holdings Bhd (XKLS:03019) has a current Net Current Asset Value of RM0.01. The stock's GF Value™ is RM0.26, compared to a current price of RM0.13 — trading 50% below its estimated fair value. The current Net Current Asset Value is RM0.01, which is 100% below median its 10-year median of 14.50. Matrix Parking Solution Holdings Bhd's overall GF Score™ is 53/100 with 5 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 Matrix Parking Solution Holdings Bhd (XKLS:03019), the current Net Current Asset Value is RM0.01 as of Dec. 2025. 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 Matrix Parking Solution Holdings Bhd (XKLS:03019) Overvalued in 2026?
Based on GuruFocus' analysis, Matrix Parking Solution Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 50% below its estimated GF Value™ of RM0.26.
Key valuation signals for XKLS:03019:
Net Current Asset Value: RM0.01 (100% below median its 10-year median of 14.50)
GF Value™: RM0.26 vs. price of RM0.13 (50% below fair value)
No single metric tells the full story. See the XKLS:03019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Matrix Parking Solution Holdings Bhd Business Description
Matrix Parking Solution Holdings Bhd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments; Car park operator and jockey services, Management consultancy, and Investment holding. Maximum revenue is derived from its Car park operator and jockey services segment which is involved in the supply, installation, and maintenance of parking access and revenue control systems, and providing other ancillary services related to parking. It has developed digital solutions like Ola Play mobile apps, and an all-in-one digital platform to provide services related to parking. The other services provided by the firm are EV charging stations, storage, car wash, jockey service, and advertising and promotion. Geographically, it operates in Malaysia.
53GF Score
Get the complete analysis for XKLS:03019
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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