Filter Vision PCLBKK:FVC 42 Net Current Asset Value is ฿0.24 as of Mar. 2026, which is 100% below its 10-year median of 4.43. GuruFocus rates BKK:FVC with a GF Score™ of 42/100 and a GF Value™ of ฿0.47 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,217 Industrial Products companies, Filter Vision PCL ranks better than 89.45% 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).
Filter Vision PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿0.24.
The historical rank and industry rank for Filter Vision PCL's Net Current Asset Value or its related term are showing as below:
BKK:FVC'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.29 Med: 4.43 Max: 40
Current: 1.33
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Filter Vision PCL was 40.00. The lowest was 1.29. And the median was 4.43.
BKK:FVC's Price-to-Net-Current-Asset-Value is ranked better than 89.45% of 2217
companies
in the Industrial Products industry
Industry Median: 5.58
vs BKK:FVC: 1.33
Filter Vision PCL (BKK:FVC) 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.
Filter Vision PCL Net Current Asset Value Related Terms
Filter Vision PCL Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Filter Vision 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.
BKK:FVC vs VLTO, ZWS, CECO: Net Current Asset Value Comparison
For the Pollution & Treatment Controls subindustry, Filter Vision 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.
Filter Vision PCL Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Filter Vision PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Filter Vision 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 ฿0.24 mean?
Filter Vision PCL (BKK:FVC) has a Net Current Asset Value of ฿0.24 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 Filter Vision PCL and its competitors. This is 95% below median its historical median of 4.43. Over the past decade, Filter Vision PCL's Net Current Asset Value has ranged from 1.29 to 40.00. According to the industry distribution chart, Filter Vision PCL ranks #234 out of 2217 companies in the Industrial Products industry, placing it in the top 10.6%.
Is Filter Vision PCL's Net Current Asset Value too high?
Filter Vision PCL's current Net Current Asset Value of ฿0.24 is 95% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 40.00. Based on the distribution chart, Filter Vision PCL ranks #234 out of 2217 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Filter Vision PCL has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Filter Vision PCL's Net Current Asset Value compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Filter Vision PCL ranks #234 out of 2217 companies for Net Current Asset Value. This places Filter Vision PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.58. Historically, Filter Vision PCL's own Net Current Asset Value has ranged from 1.29 to 40.00 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.58, based on 2,217 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 Filter Vision PCL and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filter Vision PCL's current Net Current Asset Value is ฿0.24, which is 95% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filter Vision PCL stock overvalued right now?
Based on GuruFocus' analysis, Filter Vision PCL (BKK:FVC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.32 — trading 31.9% below its estimated fair value. The current Net Current Asset Value is ฿0.24, which is 95% below median its 10-year median of 4.43. Filter Vision PCL's overall GF Score™ is 42/100 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 Filter Vision PCL (BKK:FVC), the current Net Current Asset Value is ฿0.24 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 Filter Vision PCL (BKK:FVC) Overvalued in 2026?
Based on GuruFocus' analysis, Filter Vision PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 31.9% below its estimated GF Value™ of ฿0.47.
GuruFocus considers Filter Vision PCL to be Possible Value Trap.
Key valuation signals for BKK:FVC:
Net Current Asset Value: ฿0.24 (95% below median its 10-year median of 4.43)
GF Value™: ฿0.47 vs. price of ฿0.32 (31.9% below fair value)
No single metric tells the full story. See the BKK:FVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filter Vision PCL is engaged in the pure water treatment business. It operates in Thailand and is involved in the distribution, design, assembly, and installation of the pure water treatment system and service preventive maintenance of the pure water treatment system. The group's reportable segments are Sales and services for pure water treatment system to industrial and original equipment manufacturing water system segment; Sales and services for pure water treatment system to commercial and residential segment; Industrial estate development and integrated infrastructure & utility services; and Sales and services for medical service segment. It derives maximum revenue from Sales and services for medical service segment.
42GF Score
Get the complete analysis for BKK:FVC
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
BKK:FVC has been successfully added to your 
