Tomei Consolidated BhdXKLS:7230 +2.27%92 Net Current Asset Value is RM3.43 as of Mar. 2026, which is 100% below its 10-year median of 0.50. GuruFocus rates XKLS:7230 with a GF Score™ of 92/100 and a GF Value™ of RM2.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 554 Retail - Cyclical companies, Tomei Consolidated Bhd ranks better than 94.4% 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).
Tomei Consolidated Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM3.43.
The historical rank and industry rank for Tomei Consolidated Bhd's Net Current Asset Value or its related term are showing as below:
XKLS:7230'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.24 Med: 0.5 Max: 0.72
Current: 0.52
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tomei Consolidated Bhd was 0.72. The lowest was 0.24. And the median was 0.50.
XKLS:7230's Price-to-Net-Current-Asset-Value is ranked better than 94.4% of 554
companies
in the Retail - Cyclical industry
Industry Median: 3.03
vs XKLS:7230: 0.52
Tomei Consolidated Bhd (XKLS:7230) 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.
Tomei Consolidated Bhd Net Current Asset Value Related Terms
Tomei Consolidated Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Tomei Consolidated 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.
Tomei Consolidated Bhd Net Current Asset Value Chart
XKLS:7230 vs TPR: Net Current Asset Value Comparison
For the Luxury Goods subindustry, Tomei Consolidated 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.
Tomei Consolidated Bhd Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tomei Consolidated Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tomei Consolidated 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 RM3.43 mean?
Tomei Consolidated Bhd (XKLS:7230) has a Net Current Asset Value of RM3.43 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 Tomei Consolidated Bhd and its competitors. This is 586% above median its historical median of 0.50. Over the past decade, Tomei Consolidated Bhd's Net Current Asset Value has ranged from 0.24 to 0.72. According to the industry distribution chart, Tomei Consolidated Bhd ranks #31 out of 554 companies in the Retail - Cyclical industry, placing it in the top 5.6%.
Is Tomei Consolidated Bhd's Net Current Asset Value too high?
Tomei Consolidated Bhd's current Net Current Asset Value of RM3.43 is 586% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.72. Based on the distribution chart, Tomei Consolidated Bhd ranks #31 out of 554 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tomei Consolidated Bhd has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomei Consolidated Bhd's Net Current Asset Value compare to TPR?
According to the Retail - Cyclical industry distribution chart, Tomei Consolidated Bhd ranks #31 out of 554 companies for Net Current Asset Value. This places Tomei Consolidated Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.03. Historically, Tomei Consolidated Bhd's own Net Current Asset Value has ranged from 0.24 to 0.72 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.03, based on 554 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 Tomei Consolidated Bhd and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomei Consolidated Bhd's current Net Current Asset Value is RM3.43, which is 586% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomei Consolidated Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tomei Consolidated Bhd (XKLS:7230) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.43, compared to a current price of RM1.80 — trading 25.9% below its estimated fair value. The current Net Current Asset Value is RM3.43, which is 586% above median its 10-year median of 0.50. Tomei Consolidated Bhd's overall GF Score™ is 92/100 with 3 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 Tomei Consolidated Bhd (XKLS:7230), the current Net Current Asset Value is RM3.43 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 Tomei Consolidated Bhd (XKLS:7230) Overvalued in 2026?
Based on GuruFocus' analysis, Tomei Consolidated Bhd stock appears to be undervalued.
The current stock price of RM1.80 is trading 25.9% below its estimated GF Value™ of RM2.43.
GuruFocus considers Tomei Consolidated Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7230:
Net Current Asset Value: RM3.43 (586% above median its 10-year median of 0.50)
GF Value™: RM2.43 vs. price of RM1.80 (25.9% below fair value)
No single metric tells the full story. See the XKLS:7230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing & Wholesale; and Retail. The company operates predominantly in Malaysia. Beyond Malaysia, the company's products are exported to Singapore, Brunei, and Germany. The M&W division operates a production facility in Kuala Lumpur, manufacturing jewellery for both the retail division and third-party customers, including manufacturers, wholesalers, and retailers. The company operates some retail outlets under the brands Tomei, Goldheart, and Le Lumiere. Its retail segment contributes to the vast majority of total revenue.
92GF Score
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