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Farlim Group Malaysia Bhd (XKLS:6041) Net Current Asset Value : RM0.37 (As of Dec. 2023)


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What is Farlim Group Malaysia 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).

Farlim Group Malaysia Bhd's net current asset value per share for the quarter that ended in Dec. 2023 was RM0.37.

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

XKLS:6041' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.61   Max: 0.81
Current: 0.65

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Farlim Group Malaysia Bhd was 0.81. The lowest was 0.53. And the median was 0.61.

XKLS:6041's Price-to-Net-Current-Asset-Value is ranked better than
90.34% of 756 companies
in the Real Estate industry
Industry Median: 2.27 vs XKLS:6041: 0.65

Farlim Group Malaysia Bhd Net Current Asset Value Historical Data

The historical data trend for Farlim Group Malaysia 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.

Farlim Group Malaysia Bhd Net Current Asset Value Chart

Farlim Group Malaysia 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 0.64 0.55 0.43 0.41 0.37

Farlim Group Malaysia Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.40 0.39 0.38 0.37

Competitive Comparison of Farlim Group Malaysia Bhd's Net Current Asset Value

For the Real Estate - Diversified subindustry, Farlim Group Malaysia 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.


Farlim Group Malaysia Bhd's Price-to-Net-Current-Asset-Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Farlim Group Malaysia Bhd's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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



Farlim Group Malaysia Bhd Net Current Asset Value Calculation

Farlim Group Malaysia 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)
=(79.476-22.443-0.297-0)/153.026
=0.37

Farlim Group Malaysia Bhd's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(79.476-22.443-0.297-0)/153.026
=0.37

* 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.


Farlim Group Malaysia Bhd  (XKLS:6041) 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.


Farlim Group Malaysia Bhd Net Current Asset Value Related Terms

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Farlim Group Malaysia Bhd (XKLS:6041) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lintang Angsana, Bandar Baru Ayer Itam, George Town, PNG, MYS, 11500
Farlim Group Malaysia Bhd is principally involved in property development, investment holding, marketing and distribution of building materials. It is engaged in the development of residential and commercial properties. The company operates through the segments of; Property segment which comprises property-related activities; Trading segment which comprises mainly trading of building materials; and Investment and others segment which comprises mainly of investment holding activity and other inactive companies. Its properties include public amenities, such as a hypermarket, banks, pharmacies, clinics, restaurants, post office, petrol kiosk, kindergartens, police stations, and many others. It derives maximum revenue from the Property segment.

Farlim Group Malaysia Bhd (XKLS:6041) Headlines

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