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).
EG Industries Bhd's net current asset value per share for the quarter that ended in Mar. 2026 was RM-0.07.
The historical rank and industry rank for EG Industries 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 EG Industries Bhd was 31.75. The lowest was 1.36. And the median was 2.69.
XKLS:8907's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.295 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
EG Industries Bhd (XKLS:8907) 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.
EG Industries Bhd Net Current Asset Value Related Terms
EG Industries Bhd Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for EG 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.
XKLS:8907 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, EG 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.
EG Industries Bhd Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, EG Industries Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where EG Industries 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-0.07 mean?
EG Industries Bhd (XKLS:8907) has a Net Current Asset Value of RM-0.07 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 EG Industries Bhd and its competitors. Over the past decade, EG Industries Bhd's Net Current Asset Value has ranged from 1.36 to 31.75. According to the industry distribution chart, EG Industries Bhd ranks #999999 out of 1842 companies in the Hardware industry.
Is EG Industries Bhd's Net Current Asset Value too high?
EG Industries Bhd's current Net Current Asset Value is RM-0.07. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 31.75. Based on the distribution chart, EG Industries Bhd ranks #999999 out of 1842 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, EG Industries Bhd has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EG Industries Bhd's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, EG Industries Bhd ranks #999999 out of 1842 companies for Net Current Asset Value. This places EG Industries Bhd in the lower half of its industry. The industry median Net Current Asset Value is 5.30. Historically, EG Industries Bhd's own Net Current Asset Value has ranged from 1.36 to 31.75 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.30, based on 1,842 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 EG Industries Bhd and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EG Industries Bhd's current Net Current Asset Value is RM-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EG Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, EG Industries Bhd (XKLS:8907) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.23, compared to a current price of RM1.70 — trading 38.2% above its estimated fair value. The current Net Current Asset Value is RM-0.07. EG Industries Bhd's overall GF Score™ is 61/100 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 EG Industries Bhd (XKLS:8907), the current Net Current Asset Value is RM-0.07 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 EG Industries Bhd (XKLS:8907) Overvalued in 2026?
Based on GuruFocus' analysis, EG Industries Bhd stock appears to be overvalued.
The current stock price of RM1.70 is trading 38.2% above its estimated GF Value™ of RM1.23.
GuruFocus considers EG Industries Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:8907:
Net Current Asset Value: RM-0.07
GF Value™: RM1.23 vs. price of RM1.70 (38.2% above fair value)
No single metric tells the full story. See the XKLS:8907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EG Industries Bhd is an investment holding company, which engages in the provision of management services. Along with its subsidiaries, the company operates through the following segments: Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company offers manufacturing services for computer peripherals, consumer electronic/electrical products, medical equipment, automotive industrial products, and telecommunication and other technological products industries. Geographically, it derives maximum revenue from Thailand.
61GF 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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