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).
PMB Technology Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-0.16.
The historical rank and industry rank for PMB Technology Bhd's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of PMB Technology Bhd was 10.18. The lowest was 1.84. And the median was 3.34.
XKLS:7172's Price-to-Net-Current-Asset-Value is not ranked *
in the Industrial Products industry.
Industry Median: 5.14 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
PMB Technology Bhd (XKLS:7172) 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 Grahams 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.
PMB Technology Bhd Net Current Asset Value Related Terms
PMB Technology Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for PMB Technology 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.
XKLS:7172 vs CRS, ATI, MLI: Net Current Asset Value Comparison
For the Metal Fabrication subindustry, PMB Technology 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.
PMB Technology Bhd Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, PMB Technology Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where PMB Technology Bhd's Price-to-Net-Current-Asset-Value falls into.
* 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 RM-0.16 mean?
PMB Technology Bhd (XKLS:7172) has a Net Current Asset Value of RM-0.16 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 PMB Technology Bhd and its competitors. Over the past decade, PMB Technology Bhd's Net Current Asset Value has ranged from 1.84 to 10.18. According to the industry distribution chart, PMB Technology Bhd ranks #999999 out of 2215 companies in the Industrial Products industry.
Is PMB Technology Bhd's Net Current Asset Value too high?
PMB Technology Bhd's current Net Current Asset Value is RM-0.16. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 10.18. Based on the distribution chart, PMB Technology Bhd ranks #999999 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, PMB Technology Bhd has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PMB Technology Bhd's Net Current Asset Value compare to CRS and ATI?
According to the Industrial Products industry distribution chart, PMB Technology Bhd ranks #999999 out of 2215 companies for Net Current Asset Value. This places PMB Technology Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.14. Historically, PMB Technology Bhd's own Net Current Asset Value has ranged from 1.84 to 10.18 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.14, based on 2,215 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 PMB Technology Bhd and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PMB Technology Bhd's current Net Current Asset Value is RM-0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PMB Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, PMB Technology Bhd (XKLS:7172) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.48, compared to a current price of RM1.72 — trading 16.2% above its estimated fair value. The current Net Current Asset Value is RM-0.16. PMB Technology Bhd's overall GF Score™ is 60/100 with 10 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 PMB Technology Bhd (XKLS:7172), the current Net Current Asset Value is RM-0.16 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 PMB Technology Bhd (XKLS:7172) Overvalued in 2026?
Based on GuruFocus' analysis, PMB Technology Bhd stock appears to be overvalued.
The current stock price of RM1.72 is trading 16.2% above its estimated GF Value™ of RM1.48.
GuruFocus considers PMB Technology Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:7172:
Net Current Asset Value: RM-0.16
GF Value™: RM1.48 vs. price of RM1.72 (16.2% above fair value)
No single metric tells the full story. See the XKLS:7172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PMB Technology Bhd is principally an investment holding company. Its business segments include Construction and Fabrication segment; Manufacturing and Trading segment and others. The Construction and Fabrication segment is involved in contracting, designing, and fabrication of aluminum and stainless-steel products such as aluminum curtain walls, cladding, skylights, facade works, and the fabrication and installation of aluminum systems formworks. The manufacturing and trading segment engages in the manufacturing and marketing of metallic silicon, aluminum products, and other related products. Investment holding and other segments included investment holding and dormant companies. The majority of the company's revenue is derived from Malaysia.
60GF Score
Get the complete analysis for XKLS:7172
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7172 has been successfully added to your 
