Thmy Holdings BhdXKLS:0375 -1.71%17 Net Current Asset Value is RM0.04 as of Mar. 2026, which is 100% below its 10-year median of 23.25. GuruFocus rates XKLS:0375 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 2,215 Industrial Products companies, Thmy Holdings Bhd ranks worse than 93.63% 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).
Thmy Holdings Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.04.
The historical rank and industry rank for Thmy Holdings Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0375'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 23.25 Med: 23.25 Max: 43
Current: 43
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Thmy Holdings Bhd was 43.00. The lowest was 23.25. And the median was 23.25.
XKLS:0375's Price-to-Net-Current-Asset-Value is ranked worse than 93.63% of 2215
companies
in the Industrial Products industry
Industry Median: 5.31
vs XKLS:0375: 43.00
Thmy Holdings Bhd (XKLS:0375) 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.
Thmy Holdings Bhd Net Current Asset Value Related Terms
Thmy Holdings Bhd Net Current Asset Value Historical Data
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The historical data trend for Thmy Holdings 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:0375 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Thmy 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.
Thmy Holdings Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thmy Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Thmy 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 RM0.04 mean?
Thmy Holdings Bhd (XKLS:0375) has a Net Current Asset Value of RM0.04 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 Thmy Holdings Bhd and its competitors. This is 100% below median its historical median of 23.25. Over the past decade, Thmy Holdings Bhd's Net Current Asset Value has ranged from 23.25 to 43.00. According to the industry distribution chart, Thmy Holdings Bhd ranks #2074 out of 2215 companies in the Industrial Products industry, placing it in the top 93.6%.
Is Thmy Holdings Bhd's Net Current Asset Value too high?
Thmy Holdings Bhd's current Net Current Asset Value of RM0.04 is 100% below median its 10-year median of 23.25. Over the past 10 years, this metric has ranged from a low of 23.25 to a high of 43.00. Based on the distribution chart, Thmy Holdings Bhd ranks #2074 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Thmy Holdings Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Thmy Holdings Bhd's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Thmy Holdings Bhd ranks #2074 out of 2215 companies for Net Current Asset Value. This places Thmy Holdings Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.31. Historically, Thmy Holdings Bhd's own Net Current Asset Value has ranged from 23.25 to 43.00 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.31, based on 2,215 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 Thmy Holdings Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thmy Holdings Bhd's current Net Current Asset Value is RM0.04, which is 100% below median its own 10-year median of 23.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thmy Holdings Bhd stock overvalued right now?
Thmy Holdings Bhd (XKLS:0375) has a current Net Current Asset Value of RM0.04. The current Net Current Asset Value is RM0.04, which is 100% below median its 10-year median of 23.25. Thmy Holdings Bhd's overall GF Score™ is 17/100 with 3 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 Thmy Holdings Bhd (XKLS:0375), the current Net Current Asset Value is RM0.04 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.
Thmy Holdings Bhd is principally involved in the provision of automated test solutions for E&E products, with end use in various industries. Its automated test solutions comprise ICT solutions and FCT solutions. The automated test solutions that company offers comprise design, development, fabrication, assembly and installation of test fixtures and/or tester platforms. The company also provide industrial automation solutions which are an extension to its automated test solutions to complement its offerings or as a standalone solution to support other types of automation requirements of its customers.
17GF Score
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