Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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).
HKC International Holdings's net current asset value per share for the quarter that ended in Mar. 2026 was HK$0.11.
The historical rank and industry rank for HKC International Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:00248'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.82 Med: 6.49 Max: 43.14
Current: 1.93
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of HKC International Holdings was 43.14. The lowest was 1.82. And the median was 6.49.
HKSE:00248's Price-to-Net-Current-Asset-Value is ranked better than 80.53% of 1823
companies
in the Hardware industry
Industry Median: 5.22
vs HKSE:00248: 1.93
HKC International Holdings (HKSE:00248) 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.
HKC International Holdings Net Current Asset Value Related Terms
HKC International Holdings 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.
HKC International Holdings Net Current Asset Value Chart
HKSE:00248 vs CSCO, MSI, HPE: Net Current Asset Value Comparison
For the Communication Equipment subindustry, HKC International 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.
HKC International Holdings Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, HKC International Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where HKC International 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 HK$0.11 mean?
HKC International Holdings (HKSE:00248) has a Net Current Asset Value of HK$0.11 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 HKC International Holdings and its competitors. According to the industry distribution chart, HKC International Holdings ranks #355 out of 1823 companies in the Hardware industry, placing it in the top 19.5%.
Is HKC International Holdings' Net Current Asset Value too high?
HKC International Holdings' current Net Current Asset Value is HK$0.11. Based on the distribution chart, HKC International Holdings ranks #355 out of 1823 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, HKC International Holdings has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HKC International Holdings' Net Current Asset Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, HKC International Holdings ranks #355 out of 1823 companies for Net Current Asset Value. This places HKC International Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.22. 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.22, based on 1,823 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 HKC International Holdings and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HKC International Holdings's current Net Current Asset Value is HK$0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HKC International Holdings stock overvalued right now?
Based on GuruFocus' analysis, HKC International Holdings (HKSE:00248) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.21 — trading 135.6% above its estimated fair value. The current Net Current Asset Value is HK$0.11. HKC International Holdings' overall GF Score™ is 31/100 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 HKC International Holdings (HKSE:00248), the current Net Current Asset Value is HK$0.11 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 HKC International Holdings (HKSE:00248) Overvalued in 2026?
Based on GuruFocus' analysis, HKC International Holdings stock appears to be overvalued.
The current stock price of HK$0.21 is trading 135.6% above its estimated GF Value™ of HK$0.09.
GuruFocus considers HKC International Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00248:
Net Current Asset Value: HK$0.11
GF Value™: HK$0.09 vs. price of HK$0.21 (135.6% above fair value)
No single metric tells the full story. See the HKSE:00248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HKC International Holdings Ltd is an investment holding company engaged in the Information Communication Technology (ICT) Solution Provider in the Asian Pacific region. The group provides Smart Library RFID Solutions, Health Care Solutions, Business Solutions, and Smart Living Solutions. The operating segments of the group are Sales of mobile phones in Hong Kong; Sales of IOT solutions in Hong Kong; Sales of IOT solutions in Mainland China and other countries in South East Asia; and Property investment. It derives key revenue from the Sales of IOT solutions in Hong Kong. The group has a business presence in Hong Kong, Mainland China, and Singapore.
31GF Score
Get the complete analysis for HKSE:00248
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
HKSE:00248 has been successfully added to your 
