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).
GPP Resources Bhd's net current asset value per share for the quarter that ended in Dec. 2025 was RM-0.20.
The historical rank and industry rank for GPP Resources Bhd's Net Current Asset Value or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of GPP Resources Bhd was 9.83. The lowest was 9.83. And the median was 9.83.
XKLS:03029's Price-to-Net-Current-Asset-Value is not ranked *
in the Semiconductors industry.
Industry Median: 8.91 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
GPP Resources Bhd (XKLS:03029) 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.
GPP Resources Bhd Net Current Asset Value Related Terms
GPP Resources Bhd Net Current Asset Value Historical Data
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The historical data trend for GPP Resources 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:03029 vs : Net Current Asset Value Comparison
For the Solar subindustry, GPP Resources 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.
GPP Resources Bhd Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GPP Resources Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where GPP Resources 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 RM-0.20 mean?
GPP Resources Bhd (XKLS:03029) has a Net Current Asset Value of RM-0.20 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 GPP Resources Bhd and its competitors. Over the past decade, GPP Resources Bhd's Net Current Asset Value has ranged from 9.83 to 9.83.
Is GPP Resources Bhd's Net Current Asset Value too high?
GPP Resources Bhd's current Net Current Asset Value is RM-0.20. Over the past 10 years, this metric has ranged from a low of 9.83 to a high of 9.83. Overall, GPP Resources Bhd has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GPP Resources Bhd's Net Current Asset Value compare to ?
GPP Resources Bhd's Net Current Asset Value of RM-0.20 can be compared against companies in the Semiconductors industry. The industry median Net Current Asset Value is 8.91. Historically, GPP Resources Bhd's own Net Current Asset Value has ranged from 9.83 to 9.83 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 8.91, based on 719 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 GPP Resources Bhd and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 8.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GPP Resources Bhd's current Net Current Asset Value is RM-0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPP Resources Bhd stock overvalued right now?
GPP Resources Bhd (XKLS:03029) has a current Net Current Asset Value of RM-0.20. The current Net Current Asset Value is RM-0.20. GPP Resources Bhd's overall GF Score™ is 25/100 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 GPP Resources Bhd (XKLS:03029), the current Net Current Asset Value is RM-0.20 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.
GPP Resources Bhd is principally involved in businesses that are related to the use of biomass to produce renewable energy and OPT products. It derives maximum of the revenue from renewable energy. It has operating segments: Renewable energy plants and energy related facilities; and Manufacturing and Trading. The company earns maximum revenue from the Renewable energy plants and energy related facilities segment, which involves Design, engineering, procurement, construction, and energy related installation and commissioning of renewable energy facilities plants and energy related facilities. The Group also operates, manages and maintains renewable energy plants and related facilities. Geographically, it operates in Malaysia, Thailand, and Japan, of which Malaysia generates maximum revenue.
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