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).
Tomypak Holdings Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-0.10.
The historical rank and industry rank for Tomypak Holdings 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 Tomypak Holdings Bhd was 73.00. The lowest was 2.47. And the median was 7.32.
XKLS:7285's Price-to-Net-Current-Asset-Value is not ranked *
in the Packaging & Containers industry.
Industry Median: 3.51 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Tomypak Holdings Bhd (XKLS:7285) 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.
Tomypak Holdings Bhd Net Current Asset Value Related Terms
Tomypak Holdings Bhd Net Current Asset Value Historical Data
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The historical data trend for Tomypak Holdings 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.
Tomypak Holdings Bhd Net Current Asset Value Chart
XKLS:7285 vs SW, PKG, IP: Net Current Asset Value Comparison
For the Packaging & Containers subindustry, Tomypak Holdings 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.
Tomypak Holdings Bhd Price-to-Net-Current-Asset-Value vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Tomypak Holdings Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tomypak Holdings 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-0.10 mean?
Tomypak Holdings Bhd (XKLS:7285) has a Net Current Asset Value of RM-0.10 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 Tomypak Holdings Bhd and its competitors. Over the past decade, Tomypak Holdings Bhd's Net Current Asset Value has ranged from 2.47 to 73.00. According to the industry distribution chart, Tomypak Holdings Bhd ranks #999999 out of 221 companies in the Packaging & Containers industry.
Is Tomypak Holdings Bhd's Net Current Asset Value too high?
Tomypak Holdings Bhd's current Net Current Asset Value is RM-0.10. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 73.00. Based on the distribution chart, Tomypak Holdings Bhd ranks #999999 out of 221 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Tomypak Holdings Bhd has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tomypak Holdings Bhd's Net Current Asset Value compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tomypak Holdings Bhd ranks #999999 out of 221 companies for Net Current Asset Value. This places Tomypak Holdings Bhd in the lower half of its industry. The industry median Net Current Asset Value is 3.51. Historically, Tomypak Holdings Bhd's own Net Current Asset Value has ranged from 2.47 to 73.00 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 Packaging & Containers company?
The median Net Current Asset Value among Packaging & Containers companies is 3.51, based on 221 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 Tomypak Holdings Bhd and its competitors. For the Packaging & Containers industry, the median Net Current Asset Value is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomypak Holdings Bhd's current Net Current Asset Value is RM-0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomypak Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tomypak Holdings Bhd (XKLS:7285) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.15 — trading 51.7% below its estimated fair value. The current Net Current Asset Value is RM-0.10. Tomypak Holdings Bhd's overall GF Score™ is 27/100 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 Tomypak Holdings Bhd (XKLS:7285), the current Net Current Asset Value is RM-0.10 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 Tomypak Holdings Bhd (XKLS:7285) Overvalued in 2026?
Based on GuruFocus' analysis, Tomypak Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.15 is trading 51.7% below its estimated GF Value™ of RM0.30.
GuruFocus considers Tomypak Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:7285:
Net Current Asset Value: RM-0.10
GF Value™: RM0.30 vs. price of RM0.15 (51.7% below fair value)
No single metric tells the full story. See the XKLS:7285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomypak Holdings Bhd is a manufacturer and seller of flexible packaging materials, polyethylene, polypropylene films and sheets. The group's operation is divided into local and export market. The local market relates to sales to customers within Malaysia. The export market relates to sales to overseas customers with South East Asia being the principal market segment. Its product includes Premium packaging, used for packaging powdered beverage, High barrier metalized packaging for packaging seasoning and powdered beverage, Hot fill packaging, for packaging mayonnaise and sauces, General packaging, used for packaging confectionery, instant noodles and snacks, and Specialty used for packaging pet food and detergent.
27GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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