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Gilston GroupHKSE:02011 70 Net Current Asset Value is HK$-0.18 as of Dec. 2025. GuruFocus rates HKSE:02011 with a GF Score™ of 70/100 and a GF Value™ of HK$1.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 631 Manufacturing - Apparel & Accessories companies, Gilston Group ranks worse than 158478.45% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Gilston Group's net current asset value per share for the quarter that ended in Dec. 2025 was HK$-0.18.
The historical rank and industry rank for Gilston Group'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 Gilston Group was 115.00. The lowest was 1.56. And the median was 7.55.
HKSE:02011's Price-to-Net-Current-Asset-Value is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.85 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Gilston Group (HKSE:02011) 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.
Gilston Group Net Current Asset Value Related Terms
Gilston Group Net Current Asset Value Historical Data
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The historical data trend for Gilston Group'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.
HKSE:02011 vs RL, LEVI, VFC: Net Current Asset Value Comparison
For the Apparel Manufacturing subindustry, Gilston Group'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.
Gilston Group Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gilston Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Gilston Group'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$-0.18 mean?
Gilston Group (HKSE:02011) has a Net Current Asset Value of HK$-0.18 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 Gilston Group and its competitors. Over the past decade, Gilston Group's Net Current Asset Value has ranged from 1.56 to 115.00. According to the industry distribution chart, Gilston Group ranks #999999 out of 631 companies in the Manufacturing - Apparel & Accessories industry.
Is Gilston Group's Net Current Asset Value too high?
Gilston Group's current Net Current Asset Value is HK$-0.18. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 115.00. Based on the distribution chart, Gilston Group ranks #999999 out of 631 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gilston Group has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gilston Group's Net Current Asset Value compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gilston Group ranks #999999 out of 631 companies for Net Current Asset Value. This places Gilston Group in the lower half of its industry. The industry median Net Current Asset Value is 2.85. Historically, Gilston Group's own Net Current Asset Value has ranged from 1.56 to 115.00 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 2.85, based on 631 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 Gilston Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gilston Group's current Net Current Asset Value is HK$-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gilston Group stock overvalued right now?
Based on GuruFocus' analysis, Gilston Group (HKSE:02011) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.95, compared to a current price of HK$1.35 — trading 30.8% below its estimated fair value. The current Net Current Asset Value is HK$-0.18. Gilston Group's overall GF Score™ is 70/100 with 3 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 Gilston Group (HKSE:02011), the current Net Current Asset Value is HK$-0.18 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 Gilston Group (HKSE:02011) Overvalued in 2026?
Based on GuruFocus' analysis, Gilston Group stock appears to be undervalued.
The current stock price of HK$1.35 is trading 30.8% below its estimated GF Value™ of HK$1.95.
GuruFocus considers Gilston Group to be Significantly Undervalued.
Key valuation signals for HKSE:02011:
Net Current Asset Value: HK$-0.18
GF Value™: HK$1.95 vs. price of HK$1.35 (30.8% below fair value)
No single metric tells the full story. See the HKSE:02011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gilston Group Ltd specializes in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers. The company operates in two reportable segments: Manufacture and Sales of Zippers, and Property Investment and Provision of Property Management Services. The company generates the majority of its revenue from the Manufacture and Sales of the Zippers segment. Geographically, Mainland China contributes the majority of company's revenue.
70GF Score
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