MHC Plantations Bhd (XKLS:5026) Net Current Asset Value: RM-1.24 (As of Mar. 2026)

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XKLS:5026 MHC Plantations Bhd XKLS:5026
64 GF Score
Price RM1.80
GF Value RM1.11
Valuation Significantly Overvalued
! 7 Warning Signs
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What is MHC Plantations Bhd Net Current Asset Value?

MHC Plantations Bhd XKLS:5026 +1.69% 64 Net Current Asset Value is RM-1.24 as of Mar. 2026. GuruFocus rates XKLS:5026 with a GF Score™ of 64/100 and a GF Value™ of RM1.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,052 Consumer Packaged Goods companies, MHC Plantations Bhd ranks worse than 95056.94% 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).

MHC Plantations Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-1.24.

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

XKLS:5026's Price-to-Net-Current-Asset-Value is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.18
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

MHC Plantations Bhd  (XKLS:5026) 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.


MHC Plantations Bhd Net Current Asset Value Related Terms


MHC Plantations Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for MHC Plantations 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.

MHC Plantations Bhd Net Current Asset Value Chart

MHC Plantations Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.51 -1.31 -1.25 -1.17 -1.04

MHC Plantations Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.12 -1.15 -1.07 -1.04 -1.24

XKLS:5026 vs ADM, BG, TSN: Net Current Asset Value Comparison

For the Farm Products subindustry, MHC Plantations 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.


MHC Plantations Bhd Price-to-Net-Current-Asset-Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MHC Plantations Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XKLS:5026
64GF Score
MHC Plantations Bhd XKLS:5026
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MHC Plantations Bhd Net Current Asset Value Calculation

MHC Plantations 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)
=(227.415-129.149-303.005-0)/196.544
=-1.04

MHC Plantations Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(167.797-116.999-294.141-0)/196.544
=-1.24

* 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 RM-1.24 mean?
MHC Plantations Bhd (XKLS:5026) has a Net Current Asset Value of RM-1.24 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 MHC Plantations Bhd and its competitors. According to the industry distribution chart, MHC Plantations Bhd ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry.
Is MHC Plantations Bhd's Net Current Asset Value too high?
MHC Plantations Bhd's current Net Current Asset Value is RM-1.24. Based on the distribution chart, MHC Plantations Bhd ranks #999999 out of 1052 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, MHC Plantations Bhd has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MHC Plantations Bhd's Net Current Asset Value compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, MHC Plantations Bhd ranks #999999 out of 1052 companies for Net Current Asset Value. This places MHC Plantations Bhd in the lower half of its industry. The industry median Net Current Asset Value is 4.18. 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 Consumer Packaged Goods company?
The median Net Current Asset Value among Consumer Packaged Goods companies is 4.18, based on 1,052 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 MHC Plantations Bhd and its competitors. For the Consumer Packaged Goods industry, the median Net Current Asset Value is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MHC Plantations Bhd's current Net Current Asset Value is RM-1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MHC Plantations Bhd stock overvalued right now?
Based on GuruFocus' analysis, MHC Plantations Bhd (XKLS:5026) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.11, compared to a current price of RM1.80 — trading 62.2% above its estimated fair value. The current Net Current Asset Value is RM-1.24. MHC Plantations Bhd's overall GF Score™ is 64/100 with 7 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 MHC Plantations Bhd (XKLS:5026), the current Net Current Asset Value is RM-1.24 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 MHC Plantations Bhd (XKLS:5026) Overvalued in 2026?

Based on GuruFocus' analysis, MHC Plantations Bhd stock appears to be overvalued. The current stock price of RM1.80 is trading 62.2% above its estimated GF Value™ of RM1.11. GuruFocus considers MHC Plantations Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:5026:

  • Net Current Asset Value: RM-1.24
  • GF Value™: RM1.11 vs. price of RM1.80 (62.2% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MHC Plantations Bhd Business Description

Address Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900
MHC Plantations Bhd is principally involved in oil palm cultivation, investment holding and hotel operations. The subsidiary companies are involved in oil palm cultivation, quarry operations, milling and sale of oil palm products, investment holding, and power generation. The Group operates through three reportable operating segments: Plantation, which involves cultivation of oil palm; Mill, which involves milling and sale of oil palm products and generates the maximum revenue; and Power plant, which involves power generation and sale of biomass by-products. All other segments include extraction and sale of earth stone, operation of a hotel and others. The Group's activities are predominantly conducted in Malaysia.
64GF Score

Get the complete analysis for XKLS:5026

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

RM1.80
Price
RM1.11
GF Value