FHGDF (Founder Holdings) Net Current Asset Value: $0.09 (As of Dec. 2025) — 91% Below Median


FHGDF Founder Holdings Ltd FHGDF
48 GF Score
Price $0.07
GF Value $0.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Founder Holdings Net Current Asset Value?

Founder Holdings FHGDF 48 Net Current Asset Value is $0.09 as of Dec. 2025, which is 91% below its 10-year median of 0.99. GuruFocus rates FHGDF with a GF Score™ of 48/100 and a GF Value™ of $0.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,756 Software companies, Founder Holdings ranks better than 95.33% 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).

Founder Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was $0.09.

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

FHGDF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.65   Med: 0.99   Max: 2.1
Current: 0.92

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Founder Holdings was 2.10. The lowest was 0.65. And the median was 0.99.

FHGDF's Price-to-Net-Current-Asset-Value is ranked better than
95.33% of 1756 companies
in the Software industry
Industry Median: 4.7 vs FHGDF: 0.92

Founder Holdings  (OTCPK:FHGDF) 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.


Founder Holdings Net Current Asset Value Related Terms


Founder Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Founder Holdings'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.

Founder Holdings Net Current Asset Value Chart

Founder Holdings 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 0.07 0.08 0.08 0.09

Founder Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.08 0.08 0.08 0.08 0.09

FHGDF vs CRM, SHOP, UBER: Net Current Asset Value Comparison

For the Software - Application subindustry, Founder Holdings'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.


Founder Holdings Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Founder Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Founder Holdings's Price-to-Net-Current-Asset-Value falls into.


FHGDF
48GF Score
Founder Holdings Ltd FHGDF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Founder Holdings Net Current Asset Value Calculation

Founder Holdings'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)
=(145.462-40.51-0.482-0)/1155.661
=0.09

Founder Holdings's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(145.462-40.51-0.482-0)/1155.661
=0.09

* 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 $0.09 mean?
Founder Holdings (FHGDF) has a Net Current Asset Value of $0.09 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Founder Holdings and its competitors. This is 91% below median its historical median of 0.99. Over the past decade, Founder Holdings' Net Current Asset Value has ranged from 0.65 to 2.10. According to the industry distribution chart, Founder Holdings ranks #82 out of 1756 companies in the Software industry, placing it in the top 4.7%.
Is Founder Holdings' Net Current Asset Value too high?
Founder Holdings' current Net Current Asset Value of $0.09 is 91% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.10. The Software industry median Net Current Asset Value is 4.70. Founder Holdings' value of $0.09 is 98.1% below this industry median. Based on the distribution chart, Founder Holdings ranks #82 out of 1756 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Founder Holdings has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Founder Holdings' Net Current Asset Value compare to CRM and SHOP?
According to the Software industry distribution chart, Founder Holdings ranks #82 out of 1756 companies for Net Current Asset Value. This places Founder Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.70. Founder Holdings' value of $0.09 is 98.1% below this benchmark. Historically, Founder Holdings' own Net Current Asset Value has ranged from 0.65 to 2.10 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 4.70, Founder Holdings 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 4.70, based on 1,756 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. Founder Holdings's current Net Current Asset Value of $0.09 is 98.1% 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 Founder Holdings and its competitors. For the Software industry, the median Net Current Asset Value is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Founder Holdings's current Net Current Asset Value is $0.09, which is 91% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Founder Holdings stock overvalued right now?
Based on GuruFocus' analysis, Founder Holdings (FHGDF) is currently considered Fairly Valued. The stock's GF Value™ is $0.08, compared to a current price of $0.07 — trading 7.8% below its estimated fair value. The current Net Current Asset Value is $0.09, which is 91% below median its 10-year median of 0.99 and 98.1% below the Software industry median of 4.70. Founder Holdings' overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Founder Holdings (FHGDF), the current Net Current Asset Value is $0.09 as of Dec. 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.

Is Founder Holdings (FHGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Founder Holdings stock appears to be undervalued. The current stock price of $0.07 is trading 7.8% below its estimated GF Value™ of $0.08. GuruFocus considers Founder Holdings to be Fairly Valued.

Key valuation signals for FHGDF:

  • Net Current Asset Value: $0.09 (91% below median its 10-year median of 0.99)
  • GF Value™: $0.08 vs. price of $0.07 (7.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 98.1% below the Software median (#82 of 1756)

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


Founder Holdings Business Description

Other Exchanges 00418:Hong KongFOU1:Germany
Address 9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Founder Holdings Ltd is an investment holding company engaged in providing information technology (IT) system services. Its core activities include the sale of software, hardware, and information products, along with software development and system integration. The Group serves industries such as printing, media, publishing, big data, and font libraries, offering advanced information processing technologies, solutions, and value-added services to support seamless digital experiences. It operates in domestic and overseas markets, with the majority of its revenue generated from Mainland China, alongside operations in Hong Kong and other regions.
48GF 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.

$0.07
Price
$0.08
GF Value