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FocalTech Systems Co (TPE:3545) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
FocalTech Systems Co Net Cash per Share Related Terms
FocalTech Systems Co Net Cash per Share Historical Data
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The historical data trend for FocalTech Systems Co's Net Cash per Share 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.
TPE:3545 vs NVDA, AVGO, MU: Net Cash per Share Comparison
For the Semiconductors subindustry, FocalTech Systems Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
FocalTech Systems Co Price-to-Net-Cash vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FocalTech Systems Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where FocalTech Systems Co's Price-to-Net-Cash falls into.
FocalTech Systems Co Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
FocalTech Systems Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
FocalTech Systems Co (TPE:3545) has a Net Cash per Share of NT$3.60 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on FocalTech Systems Co and its competitors. According to the industry distribution chart, FocalTech Systems Co ranks #182 out of 364 companies in the Semiconductors industry, placing it in the top 50%.
Is FocalTech Systems Co's Net Cash per Share too high?
FocalTech Systems Co's current Net Cash per Share is NT$3.60. Based on the distribution chart, FocalTech Systems Co ranks #182 out of 364 companies in the Semiconductors industry, which is above the industry midpoint. Overall, FocalTech Systems Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FocalTech Systems Co's Net Cash per Share compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, FocalTech Systems Co ranks #182 out of 364 companies for Net Cash per Share. This puts FocalTech Systems Co in the upper half of its industry. The industry median Net Cash per Share is 13.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Semiconductors company?
The median Net Cash per Share among Semiconductors companies is 13.78, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on FocalTech Systems Co and its competitors. For the Semiconductors industry, the median Net Cash per Share is 13.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FocalTech Systems Co's current Net Cash per Share is NT$3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FocalTech Systems Co stock overvalued right now?
Based on GuruFocus' analysis, FocalTech Systems Co (TPE:3545) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$59.94, compared to a current price of NT$49.05 — trading 18.2% below its estimated fair value. The current Net Cash per Share is NT$3.60. FocalTech Systems Co's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For FocalTech Systems Co (TPE:3545), the current Net Cash per Share is NT$3.60 as of Jun. 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 FocalTech Systems Co (TPE:3545) Overvalued in 2026?
Based on GuruFocus' analysis, FocalTech Systems Co stock appears to be undervalued.
The current stock price of NT$49.05 is trading 18.2% below its estimated GF Value™ of NT$59.94.
GuruFocus considers FocalTech Systems Co to be Modestly Undervalued.
Key valuation signals for TPE:3545:
Net Cash per Share: NT$3.60
GF Value™: NT$59.94 vs. price of NT$49.05 (18.2% below fair value)
No single metric tells the full story. See the TPE:3545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FocalTech Systems Co Ltd mainly engages in the research, development, design, manufacturing, and sales of Human-Machine Interface solutions, such as Display Driver IC, Touch Control IC and so on. It delivers the complete line-up of capacitive touch panel solutions to accommodate from 1 to 25 inch capacitive touch screen panels that adopts a variety of sensor stack-up structures, processes and materials. It is also engaged in the TFT LCD driver IC business. The company operates the business in one single segment: IC for Human-Machine Interface Solutions. The Group operates in geographical areas China, which derives maximum revenue; Taiwan; and Others.
75GF Score
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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