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Platt Nera InternationalHKSE:01949 49 Net Current Asset Value is HK$0.06 as of Dec. 2025, which is 100% below its 10-year median of 7.09. GuruFocus rates HKSE:01949 with a GF Score™ of 49/100 and a GF Value™ of HK$1.11 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,753 Software companies, Platt Nera International ranks worse than 71.08% 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).
Platt Nera International's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.06.
The historical rank and industry rank for Platt Nera International's Net Current Asset Value or its related term are showing as below:
HKSE:01949'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.01 Med: 7.09 Max: 12.17
Current: 9.42
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Platt Nera International was 12.17. The lowest was 2.01. And the median was 7.09.
HKSE:01949's Price-to-Net-Current-Asset-Value is ranked worse than 71.08% of 1753
companies
in the Software industry
Industry Median: 5.06
vs HKSE:01949: 9.42
Platt Nera International (HKSE:01949) 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.
Platt Nera International Net Current Asset Value Related Terms
Platt Nera International Net Current Asset Value Historical Data
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The historical data trend for Platt Nera International'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.
Platt Nera International Net Current Asset Value Chart
HKSE:01949 vs IBM, ACN, FISV: Net Current Asset Value Comparison
For the Information Technology Services subindustry, Platt Nera International'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.
Platt Nera International Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Platt Nera International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Platt Nera International'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$0.06 mean?
Platt Nera International (HKSE:01949) has a Net Current Asset Value of HK$0.06 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 Platt Nera International and its competitors. This is 99% below median its historical median of 7.09. Over the past decade, Platt Nera International's Net Current Asset Value has ranged from 2.01 to 12.17. According to the industry distribution chart, Platt Nera International ranks #1246 out of 1753 companies in the Software industry, placing it in the top 71.1%.
Is Platt Nera International's Net Current Asset Value too high?
Platt Nera International's current Net Current Asset Value of HK$0.06 is 99% below median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 12.17. Based on the distribution chart, Platt Nera International ranks #1246 out of 1753 companies in the Software industry, which is below the industry midpoint. Overall, Platt Nera International has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Platt Nera International's Net Current Asset Value compare to IBM and ACN?
According to the Software industry distribution chart, Platt Nera International ranks #1246 out of 1753 companies for Net Current Asset Value. This places Platt Nera International in the lower half of its industry. The industry median Net Current Asset Value is 5.06. Historically, Platt Nera International's own Net Current Asset Value has ranged from 2.01 to 12.17 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 Software company?
The median Net Current Asset Value among Software companies is 5.06, based on 1,753 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 Platt Nera International and its competitors. For the Software industry, the median Net Current Asset Value is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platt Nera International's current Net Current Asset Value is HK$0.06, which is 99% below median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platt Nera International stock overvalued right now?
Based on GuruFocus' analysis, Platt Nera International (HKSE:01949) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.11, compared to a current price of HK$0.57 — trading 49.1% below its estimated fair value. The current Net Current Asset Value is HK$0.06, which is 99% below median its 10-year median of 7.09. Platt Nera International's overall GF Score™ is 49/100 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 Platt Nera International (HKSE:01949), the current Net Current Asset Value is HK$0.06 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 Platt Nera International (HKSE:01949) Overvalued in 2026?
Based on GuruFocus' analysis, Platt Nera International stock appears to be undervalued.
The current stock price of HK$0.57 is trading 49.1% below its estimated GF Value™ of HK$1.11.
GuruFocus considers Platt Nera International to be Possible Value Trap.
Key valuation signals for HKSE:01949:
Net Current Asset Value: HK$0.06 (99% below median its 10-year median of 7.09)
GF Value™: HK$1.11 vs. price of HK$0.57 (49.1% below fair value)
No single metric tells the full story. See the HKSE:01949 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Platt Nera International Ltd is engaged in the provision of IT-integrated solutions and IT support services, and the sale of equipment mainly in Thailand. Its IT integrated solutions comprise a range of services, from project design and planning, assessment of hardware and/or software options and their suitability, sourcing, and sale of hardware and/ or software (either bundled or separately), system installation and launch to trial operation and acceptance, including system upgrades for existing systems. Geographically, the company generates maximum revenue from Thailand, and the rest from Hong Kong.
49GF 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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