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Asahi Intecc CoFRA:6XT +2.09%97 Net Current Asset Value is €1.37 as of Dec. 2025, which is 100% below its 10-year median of 18.22. GuruFocus rates FRA:6XT with a GF Score™ of 97/100 and a GF Value™ of €17.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 569 Medical Devices & Instruments companies, Asahi Intecc Co ranks worse than 77.15% 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).
Asahi Intecc Co's net current asset value per share for the quarter that ended in Dec. 2025 was €1.37.
The historical rank and industry rank for Asahi Intecc Co's Net Current Asset Value or its related term are showing as below:
FRA:6XT'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.02 Med: 18.22 Max: 38.45
Current: 12.58
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Asahi Intecc Co was 38.45. The lowest was 10.02. And the median was 18.22.
FRA:6XT's Price-to-Net-Current-Asset-Value is ranked worse than 77.15% of 569
companies
in the Medical Devices & Instruments industry
Industry Median: 4.86
vs FRA:6XT: 12.58
Asahi Intecc Co (FRA:6XT) 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.
Asahi Intecc Co Net Current Asset Value Related Terms
Asahi Intecc Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Asahi Intecc Co'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.
FRA:6XT vs ISRG, BDX, MDLN: Net Current Asset Value Comparison
For the Medical Instruments & Supplies subindustry, Asahi Intecc Co'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.
Asahi Intecc Co Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Asahi Intecc Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Asahi Intecc Co'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 €1.37 mean?
Asahi Intecc Co (FRA:6XT) has a Net Current Asset Value of €1.37 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 Asahi Intecc Co and its competitors. This is 92% below median its historical median of 18.22. Over the past decade, Asahi Intecc Co's Net Current Asset Value has ranged from 10.02 to 38.45. According to the industry distribution chart, Asahi Intecc Co ranks #439 out of 569 companies in the Medical Devices & Instruments industry, placing it in the top 77.2%.
Is Asahi Intecc Co's Net Current Asset Value too high?
Asahi Intecc Co's current Net Current Asset Value of €1.37 is 92% below median its 10-year median of 18.22. Over the past 10 years, this metric has ranged from a low of 10.02 to a high of 38.45. Based on the distribution chart, Asahi Intecc Co ranks #439 out of 569 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Asahi Intecc Co has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Intecc Co's Net Current Asset Value compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Asahi Intecc Co ranks #439 out of 569 companies for Net Current Asset Value. This places Asahi Intecc Co in the lower half of its industry. The industry median Net Current Asset Value is 4.86. Historically, Asahi Intecc Co's own Net Current Asset Value has ranged from 10.02 to 38.45 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.86, based on 569 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 Asahi Intecc Co and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Intecc Co's current Net Current Asset Value is €1.37, which is 92% below median its own 10-year median of 18.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Intecc Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Intecc Co (FRA:6XT) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.06, compared to a current price of €19.50 — trading 14.3% above its estimated fair value. The current Net Current Asset Value is €1.37, which is 92% below median its 10-year median of 18.22. Asahi Intecc Co's overall GF Score™ is 97/100 with 3 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 Asahi Intecc Co (FRA:6XT), the current Net Current Asset Value is €1.37 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 Asahi Intecc Co (FRA:6XT) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Intecc Co stock appears to be overvalued.
The current stock price of €19.50 is trading 14.3% above its estimated GF Value™ of €17.06.
GuruFocus considers Asahi Intecc Co to be Modestly Overvalued.
Key valuation signals for FRA:6XT:
Net Current Asset Value: €1.37 (92% below median its 10-year median of 18.22)
GF Value™: €17.06 vs. price of €19.50 (14.3% above fair value)
No single metric tells the full story. See the FRA:6XT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Intecc Co Ltd is engaged in the development, manufacturing, and sales of medical and industrial equipment components. The company operates through two reportable segments: Medical Business and Device Business. The Medical Business develops, manufactures, and sells proprietary and OEM products in the medical equipment field, while the Device Business focuses on components for medical and industrial equipment applications. It generates the majority of its revenue from the Medical Business segment.
97GF 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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