SFK Construction Holdings (HKSE:01447) Net Current Asset Value: HK$0.80 (As of Dec. 2025) — 29% Below Median

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HKSE:01447 SFK Construction Holdings Ltd HKSE:01447
50 GF Score
Price HK$0.56
GF Value HK$0.67
Valuation Modestly Undervalued
! 6 Warning Signs
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What is SFK Construction Holdings Net Current Asset Value?

SFK Construction Holdings HKSE:01447 -1.75% 50 Net Current Asset Value is HK$0.80 as of Dec. 2025, which is 100% below its 10-year median of 1.12. GuruFocus rates HKSE:01447 with a GF Score™ of 50/100 and a GF Value™ of HK$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,066 Construction companies, SFK Construction Holdings ranks better than 93.62% 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).

SFK Construction Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.80.

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

HKSE:01447' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.57   Med: 1.12   Max: 3.09
Current: 0.7

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of SFK Construction Holdings was 3.09. The lowest was 0.57. And the median was 1.12.

HKSE:01447's Price-to-Net-Current-Asset-Value is ranked better than
93.62% of 1066 companies
in the Construction industry
Industry Median: 3.3 vs HKSE:01447: 0.70

SFK Construction Holdings  (HKSE:01447) 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.


SFK Construction Holdings Net Current Asset Value Related Terms


SFK Construction Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for SFK Construction 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.

SFK Construction Holdings Net Current Asset Value Chart

SFK Construction 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 0.65 0.74 0.74 0.76 0.80

SFK Construction 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 0.74 0.75 0.76 0.76 0.80

HKSE:01447 vs PWR, FIX, EME: Net Current Asset Value Comparison

For the Engineering & Construction subindustry, SFK Construction 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.


SFK Construction Holdings Price-to-Net-Current-Asset-Value vs Construction Industry

For the Construction industry and Industrials sector, SFK Construction Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


HKSE:01447
50GF Score
SFK Construction Holdings Ltd HKSE:01447
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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SFK Construction Holdings Net Current Asset Value Calculation

SFK Construction 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)
=(1872.304-1551.927--0.006-0)/400.000
=0.80

SFK Construction 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)
=(1872.304-1551.927--0.006-0)/400.000
=0.80

* 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$0.80 mean?
SFK Construction Holdings (HKSE:01447) has a Net Current Asset Value of HK$0.80 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 SFK Construction Holdings and its competitors. This is 29% below median its historical median of 1.12. Over the past decade, SFK Construction Holdings' Net Current Asset Value has ranged from 0.57 to 3.09. According to the industry distribution chart, SFK Construction Holdings ranks #68 out of 1066 companies in the Construction industry, placing it in the top 6.4%.
Is SFK Construction Holdings' Net Current Asset Value too high?
SFK Construction Holdings' current Net Current Asset Value of HK$0.80 is 29% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.09. Based on the distribution chart, SFK Construction Holdings ranks #68 out of 1066 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, SFK Construction Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SFK Construction Holdings' Net Current Asset Value compare to PWR and FIX?
According to the Construction industry distribution chart, SFK Construction Holdings ranks #68 out of 1066 companies for Net Current Asset Value. This places SFK Construction Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.30. Historically, SFK Construction Holdings' own Net Current Asset Value has ranged from 0.57 to 3.09 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 Construction company?
The median Net Current Asset Value among Construction companies is 3.30, based on 1,066 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 SFK Construction Holdings and its competitors. For the Construction industry, the median Net Current Asset Value is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SFK Construction Holdings's current Net Current Asset Value is HK$0.80, which is 29% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SFK Construction Holdings stock overvalued right now?
Based on GuruFocus' analysis, SFK Construction Holdings (HKSE:01447) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.67, compared to a current price of HK$0.56 — trading 16.4% below its estimated fair value. The current Net Current Asset Value is HK$0.80, which is 29% below median its 10-year median of 1.12. SFK Construction Holdings' overall GF Score™ is 50/100 with 6 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 SFK Construction Holdings (HKSE:01447), the current Net Current Asset Value is HK$0.80 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 SFK Construction Holdings (HKSE:01447) Overvalued in 2026?

Based on GuruFocus' analysis, SFK Construction Holdings stock appears to be undervalued. The current stock price of HK$0.56 is trading 16.4% below its estimated GF Value™ of HK$0.67. GuruFocus considers SFK Construction Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01447:

  • Net Current Asset Value: HK$0.80 (29% below median its 10-year median of 1.12)
  • GF Value™: HK$0.67 vs. price of HK$0.56 (16.4% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the HKSE:01447 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SFK Construction Holdings Business Description

Address 1-11 Kwai Hei Street, 7th Floor, High Fashion Centre, Kwai Chung, New Territories, Hong Kong, HKG
SFK Construction Holdings Ltd is engaged in construction and maintenance projects, housing and property management services, fresh water and flush water maintenance, sewage water sampling, electrical and mechanical engineering, and other services in Hong Kong. Its three reportable segments include: General building which erans maximum revenue, provides engineering services of substructure or superstructure of building structures and maintenance, repairs, alterations services, and additions to building structures; Civil engineering which provides engineering services of infrastructure facilities and maintenance, repairs, alterations services to infrastructure facilities; and Others provides housing management services, electrical and mechanical engineering services and consultancy services.
50GF Score

Get the complete analysis for HKSE:01447

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.56
Price
HK$0.67
GF Value