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Charoong Thai Wire & Cable PCLBKK:CTW -0.75%49 Net Current Asset Value is ฿6.40 as of Mar. 2026, which is 100% below its 10-year median of 1.06. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,213 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks better than 93.18% 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).
The historical rank and industry rank for Charoong Thai Wire & Cable PCL's Net Current Asset Value or its related term are showing as below:
BKK:CTW'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.45 Med: 1.06 Max: 1.57
Current: 1.03
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Charoong Thai Wire & Cable PCL was 1.57. The lowest was 0.45. And the median was 1.06.
BKK:CTW's Price-to-Net-Current-Asset-Value is ranked better than 93.18% of 2213
companies
in the Industrial Products industry
Industry Median: 4.99
vs BKK:CTW: 1.03
Charoong Thai Wire & Cable PCL (BKK:CTW) 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.
Charoong Thai Wire & Cable PCL Net Current Asset Value Related Terms
Charoong Thai Wire & Cable PCL Net Current Asset Value Historical Data
* 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.
Charoong Thai Wire & Cable PCL Net Current Asset Value Chart
BKK:CTW vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Charoong Thai Wire & Cable PCL'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 ฿6.40 mean?
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Net Current Asset Value of ฿6.40 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 Charoong Thai Wire & Cable PCL and its competitors. This is 504% above median its historical median of 1.06. Over the past decade, Charoong Thai Wire & Cable PCL's Net Current Asset Value has ranged from 0.45 to 1.57. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #151 out of 2213 companies in the Industrial Products industry, placing it in the top 6.8%.
Is Charoong Thai Wire & Cable PCL's Net Current Asset Value too high?
Charoong Thai Wire & Cable PCL's current Net Current Asset Value of ฿6.40 is 504% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.57. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #151 out of 2213 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #151 out of 2213 companies for Net Current Asset Value. This places Charoong Thai Wire & Cable PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.99. Historically, Charoong Thai Wire & Cable PCL's own Net Current Asset Value has ranged from 0.45 to 1.57 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 4.99, based on 2,213 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Net Current Asset Value is ฿6.40, which is 504% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.60 — trading 67.1% above its estimated fair value. The current Net Current Asset Value is ฿6.40, which is 504% above median its 10-year median of 1.06. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Net Current Asset Value is ฿6.40 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued.
The current stock price of ฿6.60 is trading 67.1% above its estimated GF Value™ of ฿3.95.
GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.
Key valuation signals for BKK:CTW:
Net Current Asset Value: ฿6.40 (504% above median its 10-year median of 1.06)
GF Value™: ฿3.95 vs. price of ฿6.60 (67.1% above fair value)
No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charoong Thai Wire & Cable PCL Business Description
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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