BCB Bhd (XKLS:6602) Net Current Asset Value: RM0.28 (As of Mar. 2026) — 81% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:6602 BCB Bhd XKLS:6602
45 GF Score
Price RM0.24
GF Value RM0.46
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is BCB Bhd Net Current Asset Value?

BCB Bhd XKLS:6602 45 Net Current Asset Value is RM0.28 as of Mar. 2026, which is 100% below its 10-year median of 1.46. GuruFocus rates XKLS:6602 with a GF Score™ of 45/100 and a GF Value™ of RM0.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 757 Real Estate companies, BCB Bhd ranks better than 80.58% 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).

BCB Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.28.

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

XKLS:6602' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.47   Med: 1.46   Max: 13.75
Current: 0.84

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of BCB Bhd was 13.75. The lowest was 0.47. And the median was 1.46.

XKLS:6602's Price-to-Net-Current-Asset-Value is ranked better than
80.58% of 757 companies
in the Real Estate industry
Industry Median: 2.12 vs XKLS:6602: 0.84

BCB Bhd  (XKLS:6602) 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.


BCB Bhd Net Current Asset Value Related Terms


BCB Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for BCB 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.

BCB Bhd Net Current Asset Value Chart

BCB 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 -0.04 0.05 0.19 0.20 0.02

BCB 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 0.13 0.02 0.22 0.23 0.28

BCB Bhd Net Current Asset Value Competitor Comparison

For the Real Estate - Diversified subindustry, BCB 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.


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

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

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


XKLS:6602
45GF Score
BCB Bhd XKLS:6602
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCB Bhd Net Current Asset Value Calculation

BCB 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)
=(762.927-719.514-36.774-0)/403.617
=0.02

BCB 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)
=(832.91-682.736-38.208-0)/403.617
=0.28

* 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 RM0.28 mean?
BCB Bhd (XKLS:6602) has a Net Current Asset Value of RM0.28 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 BCB Bhd and its competitors. This is 81% below median its historical median of 1.46. Over the past decade, BCB Bhd's Net Current Asset Value has ranged from 0.47 to 13.75. According to the industry distribution chart, BCB Bhd ranks #147 out of 757 companies in the Real Estate industry, placing it in the top 19.4%.
Is BCB Bhd's Net Current Asset Value too high?
BCB Bhd's current Net Current Asset Value of RM0.28 is 81% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 13.75. Based on the distribution chart, BCB Bhd ranks #147 out of 757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, BCB Bhd has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BCB Bhd's Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, BCB Bhd ranks #147 out of 757 companies for Net Current Asset Value. This places BCB Bhd in the top 19% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.12. Historically, BCB Bhd's own Net Current Asset Value has ranged from 0.47 to 13.75 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 2.12, based on 757 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 BCB Bhd and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCB Bhd's current Net Current Asset Value is RM0.28, which is 81% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCB Bhd stock overvalued right now?
Based on GuruFocus' analysis, BCB Bhd (XKLS:6602) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.46, compared to a current price of RM0.24 — trading 48.9% below its estimated fair value. The current Net Current Asset Value is RM0.28, which is 81% below median its 10-year median of 1.46. BCB Bhd's overall GF Score™ is 45/100 with 6 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 BCB Bhd (XKLS:6602), the current Net Current Asset Value is RM0.28 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 BCB Bhd (XKLS:6602) Overvalued in 2026?

Based on GuruFocus' analysis, BCB Bhd stock appears to be undervalued. The current stock price of RM0.24 is trading 48.9% below its estimated GF Value™ of RM0.46. GuruFocus considers BCB Bhd to be Possible Value Trap.

Key valuation signals for XKLS:6602:

  • Net Current Asset Value: RM0.28 (81% below median its 10-year median of 1.46)
  • GF Value™: RM0.46 vs. price of RM0.24 (48.9% below fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the XKLS:6602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BCB Bhd Business Description

Address Jalan Sentol, No. 4B, 2nd and 3rd Floor, South Wing - Kluang Parade, Kluang, JHR, MYS, 86000
BCB Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the following reportable segments; Property development and management services which comprises development and property management of residential and commercial properties; Construction and related activities which secures and carries out construction contracts; and the Others segment includes Hotel operations and dormant companies. The majority of its revenue is derived from property development and management activities. The operations of the group and the location of the customers are principally in Malaysia.
45GF Score

Get the complete analysis for XKLS:6602

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

RM0.24
Price
RM0.46
GF Value