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Axteria Group Bhd (XKLS:7120) Net Current Asset Value : RM0.09 (As of Mar. 2024)


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What is Axteria Group 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).

Axteria Group Bhd's net current asset value per share for the quarter that ended in Mar. 2024 was RM0.09.

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

XKLS:7120' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.92   Med: 1.49   Max: 4.65
Current: 1.5

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Axteria Group Bhd was 4.65. The lowest was 0.92. And the median was 1.49.

XKLS:7120's Price-to-Net-Current-Asset-Value is ranked better than
65.48% of 759 companies
in the Real Estate industry
Industry Median: 2.31 vs XKLS:7120: 1.50

Axteria Group Bhd Net Current Asset Value Historical Data

The historical data trend for Axteria Group 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.

Axteria Group Bhd Net Current Asset Value Chart

Axteria Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.19 0.14 0.11 0.09

Axteria Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.11 0.10 0.10 0.09 0.09

Competitive Comparison of Axteria Group Bhd's Net Current Asset Value

For the Real Estate - Development subindustry, Axteria Group 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.


Axteria Group Bhd's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

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

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



Axteria Group Bhd Net Current Asset Value Calculation

Axteria Group Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(114.815-49.403-0-0)/716.766
=0.09

Axteria Group Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(103.724-39.146-0-0)/716.766
=0.09

* 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.


Axteria Group Bhd  (XKLS:7120) 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.


Axteria Group Bhd Net Current Asset Value Related Terms

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Axteria Group Bhd (XKLS:7120) Business Description

Traded in Other Exchanges
N/A
Address
No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200
Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

Axteria Group Bhd (XKLS:7120) Headlines

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