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Luen Thai HoldingsFRA:LTJ 43 Net Current Asset Value is €0.00 as of Dec. 2025. GuruFocus rates FRA:LTJ with a GF Score™ of 43/100 and a GF Value™ of €0.02. The stock has 4 warning signs investors should review. Among 630 Manufacturing - Apparel & Accessories companies, Luen Thai Holdings ranks worse than 92.7% 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).
Luen Thai Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was €0.00.
The historical rank and industry rank for Luen Thai Holdings's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Luen Thai Holdings was 66.00. The lowest was 2.75. And the median was 8.94.
FRA:LTJ's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.92 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Luen Thai Holdings (FRA:LTJ) 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.
Luen Thai Holdings Net Current Asset Value Related Terms
Luen Thai Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Luen Thai 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.
FRA:LTJ vs RL, LEVI, VFC: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, Luen Thai 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.
Luen Thai Holdings Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luen Thai Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Luen Thai Holdings'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 €0.00 mean?
Luen Thai Holdings (FRA:LTJ) has a Net Current Asset Value of €0.00 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 Luen Thai Holdings and its competitors. Over the past decade, Luen Thai Holdings' Net Current Asset Value has ranged from 2.75 to 66.00. According to the industry distribution chart, Luen Thai Holdings ranks #584 out of 630 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.7%.
Is Luen Thai Holdings' Net Current Asset Value too high?
Luen Thai Holdings' current Net Current Asset Value is €0.00. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 66.00. Based on the distribution chart, Luen Thai Holdings ranks #584 out of 630 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Luen Thai Holdings has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Luen Thai Holdings' Net Current Asset Value compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Luen Thai Holdings ranks #584 out of 630 companies for Net Current Asset Value. This places Luen Thai Holdings in the lower half of its industry. The industry median Net Current Asset Value is 2.92. Historically, Luen Thai Holdings' own Net Current Asset Value has ranged from 2.75 to 66.00 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.92, based on 630 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 Luen Thai Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luen Thai Holdings's current Net Current Asset Value is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luen Thai Holdings stock overvalued right now?
Luen Thai Holdings (FRA:LTJ) has a current Net Current Asset Value of €0.00. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 5% above its estimated fair value. The current Net Current Asset Value is €0.00. Luen Thai Holdings' overall GF Score™ is 43/100 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 Luen Thai Holdings (FRA:LTJ), the current Net Current Asset Value is €0.00 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 Luen Thai Holdings (FRA:LTJ) Overvalued in 2026?
Based on GuruFocus' analysis, Luen Thai Holdings stock appears to be overvalued.
The current stock price of €0.02 is trading 5% above its estimated GF Value™ of €0.02.
Key valuation signals for FRA:LTJ:
Net Current Asset Value: €0.00
GF Value™: €0.02 vs. price of €0.02 (5% above fair value)
No single metric tells the full story. See the FRA:LTJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luen Thai Holdings Ltd principally engaged in the manufacturing and trading of apparels and accessories. The Group has manufacturing plants in the People's Republic of China, Cambodia, the Philippines and Myanmar. The company has two operating segments, Apparel and Accessories. The company generates the majority of its revenue from the Apparel segment. The company has presence in United States, PRC (including Hong Kong and Macao), Europe (including the United Kingdom and Germany), South America (including Mexico and Chile), Canada, Japan, and Others. The company generates majority of revenue from United States.
43GF Score
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