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ELK-Desa Resources BhdXKLS:5228 83 Net Current Asset Value is RM-0.32 as of Mar. 2026. GuruFocus rates XKLS:5228 with a GF Score™ of 83/100 and a GF Value™ of RM1.42 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 279 Credit Services companies, ELK-Desa Resources Bhd ranks worse than 358422.58% 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).
ELK-Desa Resources Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-0.32.
The historical rank and industry rank for ELK-Desa Resources Bhd's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ELK-Desa Resources Bhd was 13.05. The lowest was 3.31. And the median was 4.67.
XKLS:5228's Price-to-Net-Current-Asset-Value is not ranked *
in the Credit Services industry.
Industry Median: 2.13 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
ELK-Desa Resources Bhd (XKLS:5228) 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.
ELK-Desa Resources Bhd Net Current Asset Value Related Terms
ELK-Desa Resources Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ELK-Desa Resources 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.
ELK-Desa Resources Bhd Net Current Asset Value Chart
XKLS:5228 vs V, MA, AXP: Net Current Asset Value Comparison
For the Credit Services subindustry, ELK-Desa Resources 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.
ELK-Desa Resources Bhd Price-to-Net-Current-Asset-Value vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ELK-Desa Resources 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 RM-0.32 mean?
ELK-Desa Resources Bhd (XKLS:5228) has a Net Current Asset Value of RM-0.32 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 ELK-Desa Resources Bhd and its competitors. Over the past decade, ELK-Desa Resources Bhd's Net Current Asset Value has ranged from 3.31 to 13.05. According to the industry distribution chart, ELK-Desa Resources Bhd ranks #999999 out of 279 companies in the Credit Services industry.
Is ELK-Desa Resources Bhd's Net Current Asset Value too high?
ELK-Desa Resources Bhd's current Net Current Asset Value is RM-0.32. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 13.05. Based on the distribution chart, ELK-Desa Resources Bhd ranks #999999 out of 279 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, ELK-Desa Resources Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELK-Desa Resources Bhd's Net Current Asset Value compare to V and MA?
According to the Credit Services industry distribution chart, ELK-Desa Resources Bhd ranks #999999 out of 279 companies for Net Current Asset Value. This places ELK-Desa Resources Bhd in the lower half of its industry. The industry median Net Current Asset Value is 2.13. Historically, ELK-Desa Resources Bhd's own Net Current Asset Value has ranged from 3.31 to 13.05 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 Credit Services company?
The median Net Current Asset Value among Credit Services companies is 2.13, based on 279 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 ELK-Desa Resources Bhd and its competitors. For the Credit Services industry, the median Net Current Asset Value is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELK-Desa Resources Bhd's current Net Current Asset Value is RM-0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELK-Desa Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, ELK-Desa Resources Bhd (XKLS:5228) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.42, compared to a current price of RM1.02 — trading 28.2% below its estimated fair value. The current Net Current Asset Value is RM-0.32. ELK-Desa Resources Bhd's overall GF Score™ is 83/100 with 4 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 ELK-Desa Resources Bhd (XKLS:5228), the current Net Current Asset Value is RM-0.32 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 ELK-Desa Resources Bhd (XKLS:5228) Overvalued in 2026?
Based on GuruFocus' analysis, ELK-Desa Resources Bhd stock appears to be undervalued.
The current stock price of RM1.02 is trading 28.2% below its estimated GF Value™ of RM1.42.
GuruFocus considers ELK-Desa Resources Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5228:
Net Current Asset Value: RM-0.32
GF Value™: RM1.42 vs. price of RM1.02 (28.2% below fair value)
No single metric tells the full story. See the XKLS:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire-purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling, and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.
83GF Score
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