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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).
The historical rank and industry rank for Teamway International Group Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:01239's Price-to-Net-Current-Asset-Value is not ranked *
in the Packaging & Containers industry.
Industry Median: 3.55 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Teamway International Group Holdings (HKSE:01239) 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.
Teamway International Group Holdings Net Current Asset Value Related Terms
Teamway International Group 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.
Teamway International Group Holdings Net Current Asset Value Chart
HKSE:01239 vs SW, PKG, IP: Net Current Asset Value Comparison
For the Packaging & Containers subindustry, Teamway International Group 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.
Teamway International Group Holdings Price-to-Net-Current-Asset-Value vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Teamway International Group Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Teamway International Group 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$-1.16 mean?
Teamway International Group Holdings (HKSE:01239) has a Net Current Asset Value of HK$-1.16 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 Teamway International Group Holdings and its competitors. According to the industry distribution chart, Teamway International Group Holdings ranks #999999 out of 221 companies in the Packaging & Containers industry.
Is Teamway International Group Holdings' Net Current Asset Value too high?
Teamway International Group Holdings' current Net Current Asset Value is HK$-1.16. Based on the distribution chart, Teamway International Group Holdings ranks #999999 out of 221 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Teamway International Group Holdings has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teamway International Group Holdings' Net Current Asset Value compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Teamway International Group Holdings ranks #999999 out of 221 companies for Net Current Asset Value. This places Teamway International Group Holdings in the lower half of its industry. The industry median Net Current Asset Value is 3.55. 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 Packaging & Containers company?
The median Net Current Asset Value among Packaging & Containers companies is 3.55, based on 221 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 Teamway International Group Holdings and its competitors. For the Packaging & Containers industry, the median Net Current Asset Value is 3.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamway International Group Holdings's current Net Current Asset Value is HK$-1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamway International Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Teamway International Group Holdings (HKSE:01239) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.30 — trading 1400% above its estimated fair value. The current Net Current Asset Value is HK$-1.16. Teamway International Group Holdings' overall GF Score™ is 14/100 with 8 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 Teamway International Group Holdings (HKSE:01239), the current Net Current Asset Value is HK$-1.16 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 Teamway International Group Holdings (HKSE:01239) Overvalued in 2026?
Based on GuruFocus' analysis, Teamway International Group Holdings stock appears to be overvalued.
The current stock price of HK$0.30 is trading 1400% above its estimated GF Value™ of HK$0.02.
GuruFocus considers Teamway International Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01239:
Net Current Asset Value: HK$-1.16
GF Value™: HK$0.02 vs. price of HK$0.30 (1400% above fair value)
No single metric tells the full story. See the HKSE:01239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teamway International Group Holdings Ltd is an investment holding company. Its segments include the Design, manufacture, and sale of packaging products and structural components, Trading of filtration media, equipment and related accessories for air purification, Design, manufacturing, sale and marketing of rosewood home furniture, and Property investment. It generates maximum revenue from sales of the packaging products and structural components segment. The company's packaging products are used for the products like Televisions, Refrigerators, Air conditioners, Washing machines, Water heaters, and others. Geographically, it derives a majority of its revenue from Mainland China, and also has its presence in Singapore.
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