Eurospan Holdings Bhd (XKLS:7094) Net Current Asset Value: RM0.90 (As of May. 2026) — 60% Below Median

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Director of Data and Quant Analytics at GuruFocus
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XKLS:7094 Eurospan Holdings Bhd XKLS:7094
62 GF Score
Price RM3.18
GF Value RM17.54
Valuation Possible Value Trap
! 5 Warning Signs
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What is Eurospan Holdings Bhd Net Current Asset Value?

Eurospan Holdings Bhd XKLS:7094 62 Net Current Asset Value is RM0.90 as of May. 2026, which is 100% below its 10-year median of 2.23. GuruFocus rates XKLS:7094 with a GF Score™ of 62/100 and a GF Value™ of RM17.54 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 286 Furnishings, Fixtures & Appliances companies, Eurospan Holdings Bhd ranks better than 51.75% 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).

Eurospan Holdings Bhd's net current asset value per share for the quarter that ended in May. 2026 was RM0.90.

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

XKLS:7094' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.82   Med: 2.23   Max: 4.44
Current: 3.53

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Eurospan Holdings Bhd was 4.44. The lowest was 0.82. And the median was 2.23.

XKLS:7094's Price-to-Net-Current-Asset-Value is ranked better than
51.75% of 286 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.63 vs XKLS:7094: 3.53

Eurospan Holdings Bhd  (XKLS:7094) 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.


Eurospan Holdings Bhd Net Current Asset Value Related Terms


Eurospan Holdings Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Eurospan 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.

Eurospan Holdings Bhd Net Current Asset Value Chart

Eurospan Holdings Bhd Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.27 0.64 0.89 0.90

Eurospan Holdings Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.89 0.89 0.87 0.92 0.90

XKLS:7094 vs SN, SGI, MHK: Net Current Asset Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, Eurospan 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.


Eurospan Holdings Bhd Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry

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

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


XKLS:7094
62GF Score
Eurospan Holdings Bhd XKLS:7094
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eurospan Holdings Bhd Net Current Asset Value Calculation

Eurospan Holdings Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2026 is calculated as

Net Current Asset Value Per Share(A: May. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(72.047-31.905-0-0)/44.421
=0.90

Eurospan Holdings Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in May. 2026 is calculated as

Net Current Asset Value Per Share(Q: May. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(72.047-31.905-0-0)/44.421
=0.90

* 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 RM0.90 mean?
Eurospan Holdings Bhd (XKLS:7094) has a Net Current Asset Value of RM0.90 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Eurospan Holdings Bhd and its competitors. This is 60% below median its historical median of 2.23. Over the past decade, Eurospan Holdings Bhd's Net Current Asset Value has ranged from 0.82 to 4.44. According to the industry distribution chart, Eurospan Holdings Bhd ranks #138 out of 286 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48.3%.
Is Eurospan Holdings Bhd's Net Current Asset Value too high?
Eurospan Holdings Bhd's current Net Current Asset Value of RM0.90 is 60% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.44. Based on the distribution chart, Eurospan Holdings Bhd ranks #138 out of 286 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Eurospan Holdings Bhd has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eurospan Holdings Bhd's Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Eurospan Holdings Bhd ranks #138 out of 286 companies for Net Current Asset Value. This puts Eurospan Holdings Bhd in the upper half of its industry. The industry median Net Current Asset Value is 3.63. Historically, Eurospan Holdings Bhd's own Net Current Asset Value has ranged from 0.82 to 4.44 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 Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.63, based on 286 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 Eurospan Holdings Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eurospan Holdings Bhd's current Net Current Asset Value is RM0.90, which is 60% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eurospan Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Eurospan Holdings Bhd (XKLS:7094) is currently considered Possible Value Trap. The stock's GF Value™ is RM17.54, compared to a current price of RM3.18 — trading 81.9% below its estimated fair value. The current Net Current Asset Value is RM0.90, which is 60% below median its 10-year median of 2.23. Eurospan Holdings Bhd's overall GF Score™ is 62/100 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 Eurospan Holdings Bhd (XKLS:7094), the current Net Current Asset Value is RM0.90 as of May. 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 Eurospan Holdings Bhd (XKLS:7094) Overvalued in 2026?

Based on GuruFocus' analysis, Eurospan Holdings Bhd stock appears to be undervalued. The current stock price of RM3.18 is trading 81.9% below its estimated GF Value™ of RM17.54. GuruFocus considers Eurospan Holdings Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7094:

  • Net Current Asset Value: RM0.90 (60% below median its 10-year median of 2.23)
  • GF Value™: RM17.54 vs. price of RM3.18 (81.9% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the XKLS:7094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eurospan Holdings Bhd Business Description

Address 1168, Kampung Teluk, Sungai Dua, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13800
Eurospan Holdings Bhd is an investment holding company engaged in the provision of management services to its subsidiaries. The company operates through a single operating segment, which comprises the manufacturing and trading of furniture and wood-based products. It is a home furnishing manufacturer and exporter offering dining tables, dining chairs, cabinets, and related products. The majority of its revenue is generated in Malaysia, with additional geographic presence in Europe, Asia Pacific, Africa, the United States, and Oceania.
62GF Score

Get the complete analysis for XKLS:7094

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

RM3.18
Price
RM17.54
GF Value