Malton Bhd (XKLS:6181) Net Current Asset Value: RM0.06 (As of Mar. 2026) — 90% Below Median

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XKLS:6181 Malton Bhd XKLS:6181
26 GF Score
Price RM0.23
GF Value RM0.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Malton Bhd Net Current Asset Value?

Malton Bhd XKLS:6181 26 Net Current Asset Value is RM0.06 as of Mar. 2026, which is 100% below its 10-year median of 0.60. GuruFocus rates XKLS:6181 with a GF Score™ of 26/100 and a GF Value™ of RM0.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 756 Real Estate companies, Malton Bhd ranks worse than 65.61% 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).

Malton Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.06.

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

XKLS:6181' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.6   Max: 4.67
Current: 3.75

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Malton Bhd was 4.67. The lowest was 0.35. And the median was 0.60.

XKLS:6181's Price-to-Net-Current-Asset-Value is ranked worse than
65.61% of 756 companies
in the Real Estate industry
Industry Median: 2.165 vs XKLS:6181: 3.75

Malton Bhd  (XKLS:6181) 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.


Malton Bhd Net Current Asset Value Related Terms


Malton Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Malton 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.

Malton Bhd Net Current Asset Value Chart

Malton Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 -0.46 -0.21 -0.08 -0.19

Malton 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 -0.22 -0.19 0.00 -0.01 0.06

Malton Bhd Net Current Asset Value Competitor Comparison

For the Real Estate - Development subindustry, Malton 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.


Malton Bhd Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Malton Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


XKLS:6181
26GF Score
Malton Bhd XKLS:6181
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malton Bhd Net Current Asset Value Calculation

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

Net Current Asset Value Per Share(A: Jun. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1055.507-1168.633--4.597-0)/573.741
=-0.19

Malton 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)
=(1069.451-1041.172--6.726-0)/573.741
=0.06

* 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 RM0.06 mean?
Malton Bhd (XKLS:6181) has a Net Current Asset Value of RM0.06 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 Malton Bhd and its competitors. This is 90% below median its historical median of 0.60. Over the past decade, Malton Bhd's Net Current Asset Value has ranged from 0.35 to 4.67. According to the industry distribution chart, Malton Bhd ranks #496 out of 756 companies in the Real Estate industry, placing it in the top 65.6%.
Is Malton Bhd's Net Current Asset Value too high?
Malton Bhd's current Net Current Asset Value of RM0.06 is 90% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.67. Based on the distribution chart, Malton Bhd ranks #496 out of 756 companies in the Real Estate industry, which is below the industry midpoint. Overall, Malton Bhd has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malton Bhd's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Malton Bhd ranks #496 out of 756 companies for Net Current Asset Value. This places Malton Bhd in the lower half of its industry. The industry median Net Current Asset Value is 2.17. Historically, Malton Bhd's own Net Current Asset Value has ranged from 0.35 to 4.67 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 Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.17, based on 756 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 Malton Bhd and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malton Bhd's current Net Current Asset Value is RM0.06, which is 90% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malton Bhd stock overvalued right now?
Based on GuruFocus' analysis, Malton Bhd (XKLS:6181) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.30, compared to a current price of RM0.23 — trading 25% below its estimated fair value. The current Net Current Asset Value is RM0.06, which is 90% below median its 10-year median of 0.60. Malton Bhd's overall GF Score™ is 26/100 with 5 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 Malton Bhd (XKLS:6181), the current Net Current Asset Value is RM0.06 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 Malton Bhd (XKLS:6181) Overvalued in 2026?

Based on GuruFocus' analysis, Malton Bhd stock appears to be undervalued. The current stock price of RM0.23 is trading 25% below its estimated GF Value™ of RM0.30. GuruFocus considers Malton Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6181:

  • Net Current Asset Value: RM0.06 (90% below median its 10-year median of 0.60)
  • GF Value™: RM0.30 vs. price of RM0.23 (25% below fair value)
  • GF Score™: 26/100 with 5 warning signs

No single metric tells the full story. See the XKLS:6181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Malton Bhd Business Description

Address 75, Jalan Raja Chulan, 19-0, Level 19, Pavilion Tower, Kuala Lumpur, SGR, MYS, 50200
Malton Bhd is an investment holding company. Its segments include the Property development segment, involved in the business of constructing and developing residential and commercial properties; the Construction contracts segment, involved in the business of construction works for the development of residential and commercial properties.; Property trading segment is involved in the business of sales of developed residential and commercial properties, and Others segment is involved in the business of investment holding, project management, property investment and management, and provision of management and accounting services. The Property Development segment derives the majority of the revenue.
26GF Score

Get the complete analysis for XKLS:6181

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

RM0.23
Price
RM0.30
GF Value