Progressive Impact BhdXKLS:7201 -7.14% Net Current Asset Value is RM-0.06 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 96 Waste Management companies, Progressive Impact Bhd ranks worse than 1041665.63% 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).
Progressive Impact Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-0.06.
The historical rank and industry rank for Progressive Impact 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 Progressive Impact Bhd was 17.00. The lowest was 13.00. And the median was 13.50.
XKLS:7201's Price-to-Net-Current-Asset-Value is not ranked *
in the Waste Management industry.
Industry Median: 4.415 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Progressive Impact Bhd (XKLS:7201) 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.
Progressive Impact Bhd Net Current Asset Value Related Terms
Progressive Impact Bhd Net Current Asset Value Historical Data
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The historical data trend for Progressive Impact 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.
Progressive Impact Bhd Net Current Asset Value Chart
XKLS:7201 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Progressive Impact 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.
Progressive Impact Bhd Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Progressive Impact Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Progressive Impact 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-0.06 mean?
Progressive Impact Bhd (XKLS:7201) has a Net Current Asset Value of RM-0.06 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 Progressive Impact Bhd and its competitors. Over the past decade, Progressive Impact Bhd's Net Current Asset Value has ranged from 13.00 to 17.00. According to the industry distribution chart, Progressive Impact Bhd ranks #999999 out of 96 companies in the Waste Management industry.
Is Progressive Impact Bhd's Net Current Asset Value too high?
Progressive Impact Bhd's current Net Current Asset Value is RM-0.06. Over the past 10 years, this metric has ranged from a low of 13.00 to a high of 17.00. Based on the distribution chart, Progressive Impact Bhd ranks #999999 out of 96 companies in the Waste Management industry, which is in the bottom quartile relative to peers.
How does Progressive Impact Bhd's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Progressive Impact Bhd ranks #999999 out of 96 companies for Net Current Asset Value. This places Progressive Impact Bhd in the lower half of its industry. The industry median Net Current Asset Value is 4.42. Historically, Progressive Impact Bhd's own Net Current Asset Value has ranged from 13.00 to 17.00 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.42, based on 96 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 Progressive Impact Bhd and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Impact Bhd's current Net Current Asset Value is RM-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Impact Bhd stock overvalued right now?
Based on GuruFocus' analysis, Progressive Impact Bhd (XKLS:7201) is currently considered Fairly Valued. The stock's GF Value™ is RM0.07, compared to a current price of RM0.07 — trading 7.1% below its estimated fair value. The current Net Current Asset Value is RM-0.06. 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 Progressive Impact Bhd (XKLS:7201), the current Net Current Asset Value is RM-0.06 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.
Progressive Impact Corp Bhd is a Malaysia-based investment company engaged in the provision of environmental consulting and monitoring, monitoring systems integration, ocean data monitoring, laboratory testing services, and wastewater treatment and solution. The group's business segments are Environmental consultancy and monitoring services that provide environmental-related services, Laboratory testing services that offer chemical testing, consultancy, and related services, and Wastewater treatment and solutions engaged in the provision of sewerage and solid waste management systems. It operates in Malaysia, Indonesia, and Saudi Arabia, and generates its key revenue from Malaysia.
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