TMK Chemical BhdXKLS:5330 18 Net Current Asset Value is RM0.22 as of Mar. 2026, which is 100% below its 10-year median of 5.58. GuruFocus rates XKLS:5330 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 945 Chemicals companies, TMK Chemical Bhd ranks worse than 70.16% 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).
TMK Chemical Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.22.
The historical rank and industry rank for TMK Chemical Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:5330'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.68 Med: 5.58 Max: 10.36
Current: 10.36
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of TMK Chemical Bhd was 10.36. The lowest was 4.68. And the median was 5.58.
XKLS:5330's Price-to-Net-Current-Asset-Value is ranked worse than 70.16% of 945
companies
in the Chemicals industry
Industry Median: 5.17
vs XKLS:5330: 10.36
TMK Chemical Bhd (XKLS:5330) 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.
TMK Chemical Bhd Net Current Asset Value Related Terms
TMK Chemical Bhd Net Current Asset Value Historical Data
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The historical data trend for TMK Chemical 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:5330 vs DOW: Net Current Asset Value Comparison
For the Chemicals subindustry, TMK Chemical 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.
TMK Chemical Bhd Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TMK Chemical Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TMK Chemical 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 RM0.22 mean?
TMK Chemical Bhd (XKLS:5330) has a Net Current Asset Value of RM0.22 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 TMK Chemical Bhd and its competitors. This is 96% below median its historical median of 5.58. Over the past decade, TMK Chemical Bhd's Net Current Asset Value has ranged from 4.68 to 10.36. According to the industry distribution chart, TMK Chemical Bhd ranks #663 out of 945 companies in the Chemicals industry, placing it in the top 70.2%.
Is TMK Chemical Bhd's Net Current Asset Value too high?
TMK Chemical Bhd's current Net Current Asset Value of RM0.22 is 96% below median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 10.36. Based on the distribution chart, TMK Chemical Bhd ranks #663 out of 945 companies in the Chemicals industry, which is below the industry midpoint. Overall, TMK Chemical Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TMK Chemical Bhd's Net Current Asset Value compare to DOW?
According to the Chemicals industry distribution chart, TMK Chemical Bhd ranks #663 out of 945 companies for Net Current Asset Value. This places TMK Chemical Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.17. Historically, TMK Chemical Bhd's own Net Current Asset Value has ranged from 4.68 to 10.36 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.17, based on 945 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 TMK Chemical Bhd and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMK Chemical Bhd's current Net Current Asset Value is RM0.22, which is 96% below median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK Chemical Bhd stock overvalued right now?
TMK Chemical Bhd (XKLS:5330) has a current Net Current Asset Value of RM0.22. The current Net Current Asset Value is RM0.22, which is 96% below median its 10-year median of 5.58. TMK Chemical Bhd's overall GF Score™ is 18/100 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 TMK Chemical Bhd (XKLS:5330), the current Net Current Asset Value is RM0.22 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.
TMK Chemical Bhd provides a range of chemical manufacturing, chemical distribution, storage, and logistics services to satisfy the industrial needs of businesses for various markets. The company operates in the following divisions: Provision of total chemical management, Provision of chemical terminal services, and Others. The majority of its revenue is generated from the Provision of total chemical management business, which provides sourcing, processing, distribution, and manufacturing services for inorganic chemicals and value-added services, including chemical processing services, and the provision of handling and storage services. Geographically, the Group generates maximum revenue from Malaysia, and the rest from Singapore, Vietnam, Indonesia, Brunei, and other regions.
18GF Score
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