Bus Cap Bhd (XKLS:0455) Net Current Asset Value: RM0.10 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0455 Bus Cap Bhd XKLS:0455
15 GF Score
Price RM0.29
! 2 Warning Signs
View Full Analysis

What is Bus Cap Bhd Net Current Asset Value?

Bus Cap Bhd XKLS:0455 +1.75% 15 Net Current Asset Value is RM0.10 as of Dec. 2025. GuruFocus rates XKLS:0455 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 704 Vehicles & Parts companies, Bus Cap Bhd ranks better than 67.61% 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).

Bus Cap Bhd's net current asset value per share for the quarter that ended in Dec. 2025 was RM0.10.

The historical rank and industry rank for Bus Cap Bhd's Net Current Asset Value or its related term are showing as below:

XKLS:0455' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.9
Current: 2.9

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bus Cap Bhd was 2.90. The lowest was 0.00. And the median was 0.00.

XKLS:0455's Price-to-Net-Current-Asset-Value is ranked better than
67.61% of 704 companies
in the Vehicles & Parts industry
Industry Median: 4.635 vs XKLS:0455: 2.90

Bus Cap Bhd  (XKLS:0455) 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 Graham’s 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.


Bus Cap Bhd Net Current Asset Value Related Terms


Bus Cap Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Bus Cap 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.

Bus Cap Bhd Net Current Asset Value Chart

Bus Cap Bhd Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
0.00 0.00 0.01 0.10

Bus Cap Bhd Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Net Current Asset Value 0.00 0.00 0.01 0.10

XKLS:0455 vs TSLA, GM, F: Net Current Asset Value Comparison

For the Auto Manufacturers subindustry, Bus Cap 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.


Bus Cap Bhd Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bus Cap Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Bus Cap Bhd's Price-to-Net-Current-Asset-Value falls into.


XKLS:0455
15GF Score
Bus Cap Bhd XKLS:0455
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bus Cap Bhd Net Current Asset Value Calculation

Bus Cap Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(66.44-29.147-0-0)/383.383
=0.10

Bus Cap Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(66.44-29.147-0-0)/383.383
=0.10

* 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 RM0.10 mean?
Bus Cap Bhd (XKLS:0455) has a Net Current Asset Value of RM0.10 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 Bus Cap Bhd and its competitors. According to the industry distribution chart, Bus Cap Bhd ranks #228 out of 704 companies in the Vehicles & Parts industry, placing it in the top 32.4%.
Is Bus Cap Bhd's Net Current Asset Value too high?
Bus Cap Bhd's current Net Current Asset Value is RM0.10. Based on the distribution chart, Bus Cap Bhd ranks #228 out of 704 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Bus Cap Bhd has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Bus Cap Bhd's Net Current Asset Value compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bus Cap Bhd ranks #228 out of 704 companies for Net Current Asset Value. This puts Bus Cap Bhd in the upper half of its industry. The industry median Net Current Asset Value is 4.64. 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.64, based on 704 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 Bus Cap Bhd and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bus Cap Bhd's current Net Current Asset Value is RM0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bus Cap Bhd stock overvalued right now?
Bus Cap Bhd (XKLS:0455) has a current Net Current Asset Value of RM0.10. The current Net Current Asset Value is RM0.10. Bus Cap Bhd's overall GF Score™ is 15/100 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 Bus Cap Bhd (XKLS:0455), the current Net Current Asset Value is RM0.10 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.

Bus Cap Bhd Business Description

Address No. 8-10, Solok Rishah 3, Kawasan Perindustrian Silibin, Ipoh, PRK, MYS, 30100
Bus Cap Bhd is an investment holding company. Through its Subsidiary, the company is principally involved in bus building, covering the design and manufacturing of bus bodies, assembly of bus bodies with chassis sourced from chassis principals/dealers, sourcing and installation of fittings and accessories to form CBU buses as well as provision of bus repair and maintenance services. The company's business segments are: (i) Sales of buses; and (ii) Provision of repair and maintenance services for buses. The majority of revenue is derived from the Sales of buses, mainly semi-high deck buses. Geographically, the maximum revenue is generated from Malaysia and the rest from Singapore.
15GF Score

Get the complete analysis for XKLS:0455

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.29
Price