Kee Ming Group BhdXKLS:0392 -2.22%21 Net Current Asset Value is RM0.18 as of Mar. 2026, which is 100% below its 10-year median of 4.11. GuruFocus rates XKLS:0392 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 2,217 Industrial Products companies, Kee Ming Group Bhd ranks worse than 67.48% 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).
Kee Ming Group Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.18.
The historical rank and industry rank for Kee Ming Group Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:0392'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.11 Med: 4.11 Max: 9.78
Current: 9.78
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Kee Ming Group Bhd was 9.78. The lowest was 4.11. And the median was 4.11.
XKLS:0392's Price-to-Net-Current-Asset-Value is ranked worse than 67.48% of 2217
companies
in the Industrial Products industry
Industry Median: 5.58
vs XKLS:0392: 9.78
Kee Ming Group Bhd (XKLS:0392) 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.
Kee Ming Group Bhd Net Current Asset Value Related Terms
Kee Ming Group Bhd Net Current Asset Value Historical Data
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The historical data trend for Kee Ming Group 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:0392 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Kee Ming Group 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.
Kee Ming Group Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kee Ming Group Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Kee Ming Group 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 RM0.18 mean?
Kee Ming Group Bhd (XKLS:0392) has a Net Current Asset Value of RM0.18 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 Kee Ming Group Bhd and its competitors. This is 96% below median its historical median of 4.11. Over the past decade, Kee Ming Group Bhd's Net Current Asset Value has ranged from 4.11 to 9.78. According to the industry distribution chart, Kee Ming Group Bhd ranks #1496 out of 2217 companies in the Industrial Products industry, placing it in the top 67.5%.
Is Kee Ming Group Bhd's Net Current Asset Value too high?
Kee Ming Group Bhd's current Net Current Asset Value of RM0.18 is 96% below median its 10-year median of 4.11. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 9.78. Based on the distribution chart, Kee Ming Group Bhd ranks #1496 out of 2217 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kee Ming Group Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kee Ming Group Bhd's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kee Ming Group Bhd ranks #1496 out of 2217 companies for Net Current Asset Value. This places Kee Ming Group Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.58. Historically, Kee Ming Group Bhd's own Net Current Asset Value has ranged from 4.11 to 9.78 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 5.58, based on 2,217 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 Kee Ming Group Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kee Ming Group Bhd's current Net Current Asset Value is RM0.18, which is 96% below median its own 10-year median of 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Ming Group Bhd stock overvalued right now?
Kee Ming Group Bhd (XKLS:0392) has a current Net Current Asset Value of RM0.18. The current Net Current Asset Value is RM0.18, which is 96% below median its 10-year median of 4.11. Kee Ming Group Bhd's overall GF Score™ is 21/100 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 Kee Ming Group Bhd (XKLS:0392), the current Net Current Asset Value is RM0.18 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.
Kee Ming Group Bhd is an investment holding company. The company, along with its subsidiaries, operates as a provider of mechanical and electrical (M&E) engineering solutions in Malaysia. Its business segments are: Provision of M&E engineering services that involves providing M&E engineering services for a wide range of facilities including residential, commercial and industrial developments, as well as other clean energy, public infrastructure and interconnection facilities; and Provision of maintenance and repair services that includes offering ongoing maintenance and repair services for M&E equipment and systems. The majority of the company's revenue is derived from the M&E engineering services segment. Geographically, it operates only in Malaysia.
21GF Score
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