Elridge Energy Holdings BhdXKLS:0318 18 Net Current Asset Value is RM0.09 as of Mar. 2026, which is 100% below its 10-year median of 6.61. GuruFocus rates XKLS:0318 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 104 Utilities - Independent Power Producers companies, Elridge Energy Holdings Bhd ranks worse than 71.15% 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).
Elridge Energy Holdings Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.09.
The historical rank and industry rank for Elridge Energy Holdings Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0318'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.43 Med: 6.61 Max: 11.22
Current: 10.28
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Elridge Energy Holdings Bhd was 11.22. The lowest was 5.43. And the median was 6.61.
XKLS:0318's Price-to-Net-Current-Asset-Value is ranked worse than 71.15% of 104
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.21
vs XKLS:0318: 10.28
Elridge Energy Holdings Bhd (XKLS:0318) 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.
Elridge Energy Holdings Bhd Net Current Asset Value Related Terms
Elridge Energy 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.
Elridge Energy Holdings Bhd Net Current Asset Value Chart
Elridge Energy Holdings Bhd Net Current Asset Value Competitor Comparison
For the Utilities - Renewable subindustry, Elridge Energy 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.
Elridge Energy Holdings Bhd Price-to-Net-Current-Asset-Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Elridge Energy Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Elridge Energy 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 RM0.09 mean?
Elridge Energy Holdings Bhd (XKLS:0318) has a Net Current Asset Value of RM0.09 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 Elridge Energy Holdings Bhd and its competitors. This is 99% below median its historical median of 6.61. Over the past decade, Elridge Energy Holdings Bhd's Net Current Asset Value has ranged from 5.43 to 11.22. According to the industry distribution chart, Elridge Energy Holdings Bhd ranks #74 out of 104 companies in the Utilities - Independent Power Producers industry, placing it in the top 71.2%.
Is Elridge Energy Holdings Bhd's Net Current Asset Value too high?
Elridge Energy Holdings Bhd's current Net Current Asset Value of RM0.09 is 99% below median its 10-year median of 6.61. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 11.22. Based on the distribution chart, Elridge Energy Holdings Bhd ranks #74 out of 104 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Elridge Energy Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Elridge Energy Holdings Bhd's Net Current Asset Value compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Elridge Energy Holdings Bhd ranks #74 out of 104 companies for Net Current Asset Value. This places Elridge Energy Holdings Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.21. Historically, Elridge Energy Holdings Bhd's own Net Current Asset Value has ranged from 5.43 to 11.22 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 Utilities - Independent Power Producers company?
The median Net Current Asset Value among Utilities - Independent Power Producers companies is 5.21, based on 104 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 Elridge Energy Holdings Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Net Current Asset Value is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elridge Energy Holdings Bhd's current Net Current Asset Value is RM0.09, which is 99% below median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elridge Energy Holdings Bhd stock overvalued right now?
Elridge Energy Holdings Bhd (XKLS:0318) has a current Net Current Asset Value of RM0.09. The current Net Current Asset Value is RM0.09, which is 99% below median its 10-year median of 6.61. Elridge Energy Holdings Bhd's overall GF Score™ is 18/100 with 2 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 Elridge Energy Holdings Bhd (XKLS:0318), the current Net Current Asset Value is RM0.09 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.
Elridge Energy Holdings Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. Geographically, the group generates a majority of its revenue from Malaysia, followed by Indonesia, Japan, Singapore, and Thailand.
18GF Score
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