TAFI Industries Bhd (XKLS:7211) Net Current Asset Value: RM0.31 (As of Mar. 2026) — 88% Below Median

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XKLS:7211 TAFI Industries Bhd XKLS:7211
64 GF Score
Price RM0.60
GF Value RM2.01
Valuation Significantly Undervalued
! 4 Warning Signs
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What is TAFI Industries Bhd Net Current Asset Value?

TAFI Industries Bhd XKLS:7211 64 Net Current Asset Value is RM0.31 as of Mar. 2026, which is 100% below its 10-year median of 2.63. GuruFocus rates XKLS:7211 with a GF Score™ of 64/100 and a GF Value™ of RM2.01 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, TAFI Industries Bhd ranks better than 70.88% 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).

TAFI Industries Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM0.31.

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

XKLS:7211' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.53   Med: 2.63   Max: 10.05
Current: 1.94

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of TAFI Industries Bhd was 10.05. The lowest was 1.53. And the median was 2.63.

XKLS:7211's Price-to-Net-Current-Asset-Value is ranked better than
70.88% of 285 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.55 vs XKLS:7211: 1.94

TAFI Industries Bhd  (XKLS:7211) 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.


TAFI Industries Bhd Net Current Asset Value Related Terms


TAFI Industries Bhd Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for TAFI Industries 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.

TAFI Industries Bhd Net Current Asset Value Chart

TAFI Industries 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 0.04 0.02 0.10 0.14 0.14

TAFI Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.19 0.00 0.25 0.29 0.31

XKLS:7211 vs SN, SGI, MHK: Net Current Asset Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, TAFI Industries 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.


TAFI Industries Bhd Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry

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

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


XKLS:7211
64GF Score
TAFI Industries Bhd XKLS:7211
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAFI Industries Bhd Net Current Asset Value Calculation

TAFI Industries 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)
=(227.776-173.691-0-0)/379.427
=0.14

TAFI Industries Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(373.295-256.668-0-0)/379.427
=0.31

* 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 RM0.31 mean?
TAFI Industries Bhd (XKLS:7211) has a Net Current Asset Value of RM0.31 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 TAFI Industries Bhd and its competitors. This is 88% below median its historical median of 2.63. Over the past decade, TAFI Industries Bhd's Net Current Asset Value has ranged from 1.53 to 10.05. According to the industry distribution chart, TAFI Industries Bhd ranks #83 out of 285 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29.1%.
Is TAFI Industries Bhd's Net Current Asset Value too high?
TAFI Industries Bhd's current Net Current Asset Value of RM0.31 is 88% below median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 10.05. Based on the distribution chart, TAFI Industries Bhd ranks #83 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, TAFI Industries Bhd has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAFI Industries Bhd's Net Current Asset Value compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TAFI Industries Bhd ranks #83 out of 285 companies for Net Current Asset Value. This puts TAFI Industries Bhd in the upper half of its industry. The industry median Net Current Asset Value is 3.55. Historically, TAFI Industries Bhd's own Net Current Asset Value has ranged from 1.53 to 10.05 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 3.55, based on 285 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 TAFI Industries Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAFI Industries Bhd's current Net Current Asset Value is RM0.31, which is 88% below median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAFI Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAFI Industries Bhd (XKLS:7211) is currently considered Significantly Undervalued. The stock's GF Value™ is RM2.01, compared to a current price of RM0.60 — trading 70.1% below its estimated fair value. The current Net Current Asset Value is RM0.31, which is 88% below median its 10-year median of 2.63. TAFI Industries Bhd's overall GF Score™ is 64/100 with 4 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 TAFI Industries Bhd (XKLS:7211), the current Net Current Asset Value is RM0.31 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 TAFI Industries Bhd (XKLS:7211) Overvalued in 2026?

Based on GuruFocus' analysis, TAFI Industries Bhd stock appears to be undervalued. The current stock price of RM0.60 is trading 70.1% below its estimated GF Value™ of RM2.01. GuruFocus considers TAFI Industries Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:7211:

  • Net Current Asset Value: RM0.31 (88% below median its 10-year median of 2.63)
  • GF Value™: RM2.01 vs. price of RM0.60 (70.1% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the XKLS:7211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAFI Industries Bhd Business Description

Address PLO 3, Kawasan Perindustrian Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
TAFI Industries Bhd is engaged in manufacturing home and office furniture. Products are sold domestically and internationally under the house brand, OEM, or ODM. The group's segments include furniture products, property development, construction, trading of solar panels, and others. The majority of revenue comes from property development. The company operates in local and overseas markets, with the majority of revenue from the local market.
64GF Score

Get the complete analysis for XKLS:7211

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

RM0.60
Price
RM2.01
GF Value