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Lim Seong Hai Capital BhdXKLS:0351 -1.23%93 Net Current Asset Value is RM0.53 as of Mar. 2026, which is 100% below its 10-year median of 2.82. GuruFocus rates XKLS:0351 with a GF Score™ of 93/100 and a GF Value™ of RM1.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,058 Construction companies, Lim Seong Hai Capital Bhd ranks better than 51.89% 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).
Lim Seong Hai Capital Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.53.
The historical rank and industry rank for Lim Seong Hai Capital Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0351'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.68 Med: 2.82 Max: 4.21
Current: 3.02
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lim Seong Hai Capital Bhd was 4.21. The lowest was 1.68. And the median was 2.82.
XKLS:0351's Price-to-Net-Current-Asset-Value is ranked better than 51.89% of 1058
companies
in the Construction industry
Industry Median: 3.2
vs XKLS:0351: 3.02
Lim Seong Hai Capital Bhd (XKLS:0351) 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.
Lim Seong Hai Capital Bhd Net Current Asset Value Related Terms
Lim Seong Hai Capital Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Lim Seong Hai 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.
Lim Seong Hai Capital Bhd Net Current Asset Value Chart
XKLS:0351 vs PWR, FIX, EME: Net Current Asset Value Comparison
For the Engineering & Construction subindustry, Lim Seong Hai 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.
Lim Seong Hai Capital Bhd Price-to-Net-Current-Asset-Value vs Construction Industry
For the Construction industry and Industrials sector, Lim Seong Hai Capital Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lim Seong Hai Capital 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 RM0.53 mean?
Lim Seong Hai Capital Bhd (XKLS:0351) has a Net Current Asset Value of RM0.53 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 Lim Seong Hai Capital Bhd and its competitors. This is 81% below median its historical median of 2.82. Over the past decade, Lim Seong Hai Capital Bhd's Net Current Asset Value has ranged from 1.68 to 4.21. According to the industry distribution chart, Lim Seong Hai Capital Bhd ranks #509 out of 1058 companies in the Construction industry, placing it in the top 48.1%.
Is Lim Seong Hai Capital Bhd's Net Current Asset Value too high?
Lim Seong Hai Capital Bhd's current Net Current Asset Value of RM0.53 is 81% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 4.21. Based on the distribution chart, Lim Seong Hai Capital Bhd ranks #509 out of 1058 companies in the Construction industry, which is above the industry midpoint. Overall, Lim Seong Hai Capital Bhd has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lim Seong Hai Capital Bhd's Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, Lim Seong Hai Capital Bhd ranks #509 out of 1058 companies for Net Current Asset Value. This puts Lim Seong Hai Capital Bhd in the upper half of its industry. The industry median Net Current Asset Value is 3.20. Historically, Lim Seong Hai Capital Bhd's own Net Current Asset Value has ranged from 1.68 to 4.21 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 3.20, 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 Lim Seong Hai Capital Bhd and its competitors. For the Construction industry, the median Net Current Asset Value is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lim Seong Hai Capital Bhd's current Net Current Asset Value is RM0.53, which is 81% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lim Seong Hai Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Lim Seong Hai Capital Bhd (XKLS:0351) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.32, compared to a current price of RM1.60 — trading 21.2% above its estimated fair value. The current Net Current Asset Value is RM0.53, which is 81% below median its 10-year median of 2.82. Lim Seong Hai Capital Bhd's overall GF Score™ is 93/100 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 Lim Seong Hai Capital Bhd (XKLS:0351), the current Net Current Asset Value is RM0.53 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 Lim Seong Hai Capital Bhd (XKLS:0351) Overvalued in 2026?
Based on GuruFocus' analysis, Lim Seong Hai Capital Bhd stock appears to be overvalued.
The current stock price of RM1.60 is trading 21.2% above its estimated GF Value™ of RM1.32.
GuruFocus considers Lim Seong Hai Capital Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0351:
Net Current Asset Value: RM0.53 (81% below median its 10-year median of 2.82)
GF Value™: RM1.32 vs. price of RM1.60 (21.2% above fair value)
No single metric tells the full story. See the XKLS:0351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lim Seong Hai Capital Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the following reportable segments: i) distribution and/or retail of building materials, lighting products and related mechanical and electrical products and services, ii) wholesale and retail of hardware and tools, and rental of machinery, iii) investment holding, iv) business of construction, v) provision of construction and business related services & solutions, vi) property development, vii) facilities management, and viii) companies which are in dormant status. The majority of the company's revenue is derived from the property development segment. Geographically, the company operates predominantly in Malaysia.
93GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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