ALT Telecom PCL (BKK:ALT) Net Current Asset Value: ฿-1.29 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:ALT ALT Telecom PCL BKK:ALT
55 GF Score
Price ฿1.90
GF Value ฿1.41
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is ALT Telecom PCL Net Current Asset Value?

ALT Telecom PCL BKK:ALT -1.06% 55 Net Current Asset Value is ฿-1.29 as of Mar. 2026. GuruFocus rates BKK:ALT with a GF Score™ of 55/100 and a GF Value™ of ฿1.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,848 Hardware companies, ALT Telecom PCL ranks worse than 54112.5% 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).

ALT Telecom PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿-1.29.

The historical rank and industry rank for ALT Telecom PCL's Net Current Asset Value or its related term are showing as below:

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of ALT Telecom PCL was 133.00. The lowest was 9.44. And the median was 13.98.

BKK:ALT's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.26
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

ALT Telecom PCL  (BKK:ALT) 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.


ALT Telecom PCL Net Current Asset Value Related Terms


ALT Telecom PCL Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for ALT Telecom PCL'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.

ALT Telecom PCL Net Current Asset Value Chart

ALT Telecom PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.19 -0.78 -1.16 -1.33

ALT Telecom PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.28 -1.23 -1.29 -1.33 -1.29

BKK:ALT vs CSCO, CIEN, MSI: Net Current Asset Value Comparison

For the Communication Equipment subindustry, ALT Telecom PCL'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.


ALT Telecom PCL Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, ALT Telecom PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where ALT Telecom PCL's Price-to-Net-Current-Asset-Value falls into.


BKK:ALT
55GF Score
ALT Telecom PCL BKK:ALT
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ALT Telecom PCL Net Current Asset Value Calculation

ALT Telecom PCL's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1128.209-2617.619-0.123-0)/1118.547
=-1.33

ALT Telecom PCL's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1184.832-2618.648-0.119-0)/1113.944
=-1.29

* 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 ฿-1.29 mean?
ALT Telecom PCL (BKK:ALT) has a Net Current Asset Value of ฿-1.29 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 ALT Telecom PCL and its competitors. Over the past decade, ALT Telecom PCL's Net Current Asset Value has ranged from 9.44 to 133.00. According to the industry distribution chart, ALT Telecom PCL ranks #999999 out of 1848 companies in the Hardware industry.
Is ALT Telecom PCL's Net Current Asset Value too high?
ALT Telecom PCL's current Net Current Asset Value is ฿-1.29. Over the past 10 years, this metric has ranged from a low of 9.44 to a high of 133.00. Based on the distribution chart, ALT Telecom PCL ranks #999999 out of 1848 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ALT Telecom PCL has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALT Telecom PCL's Net Current Asset Value compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ALT Telecom PCL ranks #999999 out of 1848 companies for Net Current Asset Value. This places ALT Telecom PCL in the lower half of its industry. The industry median Net Current Asset Value is 5.26. Historically, ALT Telecom PCL's own Net Current Asset Value has ranged from 9.44 to 133.00 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 5.26, based on 1,848 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 ALT Telecom PCL and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALT Telecom PCL's current Net Current Asset Value is ฿-1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALT Telecom PCL stock overvalued right now?
Based on GuruFocus' analysis, ALT Telecom PCL (BKK:ALT) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.41, compared to a current price of ฿1.90 — trading 34.8% above its estimated fair value. The current Net Current Asset Value is ฿-1.29. ALT Telecom PCL's overall GF Score™ is 55/100 with 7 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 ALT Telecom PCL (BKK:ALT), the current Net Current Asset Value is ฿-1.29 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 ALT Telecom PCL (BKK:ALT) Overvalued in 2026?

Based on GuruFocus' analysis, ALT Telecom PCL stock appears to be overvalued. The current stock price of ฿1.90 is trading 34.8% above its estimated GF Value™ of ฿1.41. GuruFocus considers ALT Telecom PCL to be Significantly Overvalued.

Key valuation signals for BKK:ALT:

  • Net Current Asset Value: ฿-1.29
  • GF Value™: ฿1.41 vs. price of ฿1.90 (34.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the BKK:ALT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ALT Telecom PCL Business Description

Address 52/1 Moo 5, Bangkruay-Sainoi Road, Bangsithong, Bangkruay, Nonthaburi, THA, 11130
ALT Telecom PCL operates in Thailand's telecommunications sector. Its business involves the provision of telecommunication services through base stations and equipment products. The company, in association with its subsidiaries, provides sales, installation, maintenance, and network rental for telecommunication networks; manufactures, assembles, and distributes electricity meters; and sells, installs, and rents solar cells. The group has three reportable segments: Network equipment, electricity meter, and solar cell distribution; Network Equipment Installation; and Network equipment rental business. Maximum revenue is generated from the Network Equipment Installation segment. Geographically, the group operates only in Thailand.
55GF Score

Get the complete analysis for BKK:ALT

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.90
Price
฿1.41
GF Value