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Rex Industry Bhd (XKLS:9946) Net Current Asset Value : RM0.05 (As of Mar. 2024)


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What is Rex Industry Bhd Net Current Asset Value?

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).

Rex Industry Bhd's net current asset value per share for the quarter that ended in Mar. 2024 was RM0.05.

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

XKLS:9946' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.92   Med: 2.05   Max: 8.55
Current: 2

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Rex Industry Bhd was 8.55. The lowest was 0.92. And the median was 2.05.

XKLS:9946's Price-to-Net-Current-Asset-Value is ranked better than
79.83% of 962 companies
in the Consumer Packaged Goods industry
Industry Median: 4.605 vs XKLS:9946: 2.00

Rex Industry Bhd Net Current Asset Value Historical Data

The historical data trend for Rex Industry 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.

* Premium members only.

Rex Industry Bhd Net Current Asset Value Chart

Rex Industry Bhd Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.02 0.06 0.06 0.05

Rex Industry Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.07 0.05 0.05 0.05 0.05

Competitive Comparison of Rex Industry Bhd's Net Current Asset Value

For the Packaged Foods subindustry, Rex Industry 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.


Rex Industry Bhd's Price-to-Net-Current-Asset-Value Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rex Industry Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Rex Industry Bhd Net Current Asset Value Calculation

Rex Industry Bhd's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net Current Asset Value Per Share(A: Jun. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(108.146-74.942-0-0)/657.671
=0.05

Rex Industry Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(97.781-67.705-0-0)/657.671
=0.05

* 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.


Rex Industry Bhd  (XKLS:9946) 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.


Rex Industry Bhd Net Current Asset Value Related Terms

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Rex Industry Bhd (XKLS:9946) Business Description

Traded in Other Exchanges
N/A
Address
Plot 126, Jalan Perindustrian, Bukit Minyak 5, Seberang Perai Tengah, Simpang Ampat, PNG, MYS, 14100
Rex Industry Bhd is the manufacturer and distributor of canned food, beverage and confectionary products. It is engaged in the production of halal canned products, frozen food, and beverages in Malaysia. The company and its subsidiaries are also involved in the manufacturing of biscuits, trading of canned food, drinks, and shelf-stable convenience food. It also exports canned processed seafood. The company operates in four principal geographical areas which include Malaysia, the United States of America, Europe, and Asia.

Rex Industry Bhd (XKLS:9946) Headlines

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