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Poh Huat Resources Holdings Bhd (XKLS:7088) Net Current Asset Value : RM1.22 (As of Jan. 2024)


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What is Poh Huat Resources Holdings Bhd Net Current Asset Value?

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).

Poh Huat Resources Holdings Bhd's net current asset value per share for the quarter that ended in Jan. 2024 was RM1.22.

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

XKLS:7088' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.11   Med: 2.32   Max: 5.64
Current: 1.21

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Poh Huat Resources Holdings Bhd was 5.64. The lowest was 1.11. And the median was 2.32.

XKLS:7088's Price-to-Net-Current-Asset-Value is ranked better than
87.59% of 274 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.955 vs XKLS:7088: 1.21

Poh Huat Resources Holdings Bhd Net Current Asset Value Historical Data

The historical data trend for Poh Huat Resources Holdings 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.

* Premium members only.

Poh Huat Resources Holdings Bhd Net Current Asset Value Chart

Poh Huat Resources Holdings Bhd Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.79 0.85 1.13 1.20

Poh Huat Resources Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.13 1.16 1.16 1.20 1.22

Competitive Comparison of Poh Huat Resources Holdings Bhd's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Poh Huat Resources Holdings 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.


Poh Huat Resources Holdings Bhd's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Poh Huat Resources Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Poh Huat Resources Holdings Bhd Net Current Asset Value Calculation

Poh Huat Resources Holdings Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Oct. 2023 is calculated as

Net Current Asset Value Per Share(A: Oct. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(399.067-82.142-0-0)/264.972
=1.20

Poh Huat Resources Holdings Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(404.545-80.043-0-0)/264.972
=1.22

* 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.


Poh Huat Resources Holdings Bhd  (XKLS:7088) 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.


Poh Huat Resources Holdings Bhd Net Current Asset Value Related Terms

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Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Traded in Other Exchanges
N/A
Address
PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

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