Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Alpha Technology GroupATGL 12 Net Current Asset Value is $0.18 as of Sep. 2025, which is 100% below its 10-year median of 77.41. GuruFocus rates ATGL with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 1,757 Software companies, Alpha Technology Group ranks worse than 95.62% on this metric.
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).
Alpha Technology Group's net current asset value per share for the quarter that ended in Sep. 2025 was $0.18.
The historical rank and industry rank for Alpha Technology Group's Net Current Asset Value or its related term are showing as below:
ATGL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 22.6 Med: 77.41 Max: 132.22
Current: 58.56
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Alpha Technology Group was 132.22. The lowest was 22.60. And the median was 77.41.
ATGL's Price-to-Net-Current-Asset-Value is ranked worse than 95.62% of 1757
companies
in the Software industry
Industry Median: 4.75
vs ATGL: 58.56
Alpha Technology Group (NAS:ATGL) 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.
Alpha Technology Group Net Current Asset Value Related Terms
Alpha Technology Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Alpha Technology Group'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.
Alpha Technology Group Net Current Asset Value Chart
ATGL vs EXOD, TCX, DAVA: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, Alpha Technology Group'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.
Alpha Technology Group Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Alpha Technology Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Alpha Technology Group'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 $0.18 mean?
Alpha Technology Group (ATGL) has a Net Current Asset Value of $0.18 as of Sep. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Alpha Technology Group and its competitors. This is 100% below median its historical median of 77.41. Over the past decade, Alpha Technology Group's Net Current Asset Value has ranged from 22.60 to 132.22. According to the industry distribution chart, Alpha Technology Group ranks #1680 out of 1757 companies in the Software industry, placing it in the top 95.6%.
Is Alpha Technology Group's Net Current Asset Value too high?
Alpha Technology Group's current Net Current Asset Value of $0.18 is 100% below median its 10-year median of 77.41. Over the past 10 years, this metric has ranged from a low of 22.60 to a high of 132.22. The Software industry median Net Current Asset Value is 4.75. Alpha Technology Group's value of $0.18 is 96.2% below this industry median. Based on the distribution chart, Alpha Technology Group ranks #1680 out of 1757 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Alpha Technology Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Alpha Technology Group's Net Current Asset Value compare to EXOD and TCX?
According to the Software industry distribution chart, Alpha Technology Group ranks #1680 out of 1757 companies for Net Current Asset Value. This places Alpha Technology Group in the lower half of its industry. The industry median Net Current Asset Value is 4.75. Alpha Technology Group's value of $0.18 is 96.2% below this benchmark. Historically, Alpha Technology Group's own Net Current Asset Value has ranged from 22.60 to 132.22 over the past decade. While the company's 10-year median is 77.41 vs. the industry median of 4.75, Alpha Technology Group has consistently been below the industry average. 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 Software company?
The median Net Current Asset Value among Software companies is 4.75, based on 1,757 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. Alpha Technology Group's current Net Current Asset Value of $0.18 is 96.2% below the industry median. 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 Alpha Technology Group and its competitors. For the Software industry, the median Net Current Asset Value is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Technology Group's current Net Current Asset Value is $0.18, which is 100% below median its own 10-year median of 77.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Technology Group stock overvalued right now?
Alpha Technology Group (ATGL) has a current Net Current Asset Value of $0.18. The current Net Current Asset Value is $0.18, which is 100% below median its 10-year median of 77.41 and 96.2% below the Software industry median of 4.75. Alpha Technology Group's overall GF Score™ is 12/100 with 5 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 Alpha Technology Group (ATGL), the current Net Current Asset Value is $0.18 as of Sep. 2025. 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.
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.
12GF Score
Get the complete analysis for ATGL
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ATGL has been successfully added to your 
