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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).
MicroPort NeuroScientific's net current asset value per share for the quarter that ended in Dec. 2025 was HK$2.25.
The historical rank and industry rank for MicroPort NeuroScientific's Net Current Asset Value or its related term are showing as below:
HKSE:02172'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.81 Med: 5.66 Max: 12.75
Current: 3.81
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of MicroPort NeuroScientific was 12.75. The lowest was 3.81. And the median was 5.66.
HKSE:02172's Price-to-Net-Current-Asset-Value is ranked better than 62.52% of 571
companies
in the Medical Devices & Instruments industry
Industry Median: 5.34
vs HKSE:02172: 3.81
MicroPort NeuroScientific (HKSE:02172) 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.
MicroPort NeuroScientific Net Current Asset Value Related Terms
MicroPort NeuroScientific Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for MicroPort NeuroScientific'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.
MicroPort NeuroScientific Net Current Asset Value Chart
HKSE:02172 vs ABT, SYK, MDT: Net Current Asset Value Comparison
For the Medical Devices subindustry, MicroPort NeuroScientific'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.
MicroPort NeuroScientific Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MicroPort NeuroScientific's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where MicroPort NeuroScientific'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$2.25 mean?
MicroPort NeuroScientific (HKSE:02172) has a Net Current Asset Value of HK$2.25 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 MicroPort NeuroScientific and its competitors. According to the industry distribution chart, MicroPort NeuroScientific ranks #214 out of 571 companies in the Medical Devices & Instruments industry, placing it in the top 37.5%.
Is MicroPort NeuroScientific's Net Current Asset Value too high?
MicroPort NeuroScientific's current Net Current Asset Value is HK$2.25. Based on the distribution chart, MicroPort NeuroScientific ranks #214 out of 571 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, MicroPort NeuroScientific has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MicroPort NeuroScientific's Net Current Asset Value compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MicroPort NeuroScientific ranks #214 out of 571 companies for Net Current Asset Value. This puts MicroPort NeuroScientific in the upper half of its industry. The industry median Net Current Asset Value is 5.34. 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 5.34, based on 571 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 MicroPort NeuroScientific and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MicroPort NeuroScientific's current Net Current Asset Value is HK$2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MicroPort NeuroScientific stock overvalued right now?
Based on GuruFocus' analysis, MicroPort NeuroScientific (HKSE:02172) is currently considered Possible Value Trap. The stock's GF Value™ is HK$13.97, compared to a current price of HK$8.57 — trading 38.7% below its estimated fair value. The current Net Current Asset Value is HK$2.25. MicroPort NeuroScientific's overall GF Score™ is 93/100 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 MicroPort NeuroScientific (HKSE:02172), the current Net Current Asset Value is HK$2.25 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 MicroPort NeuroScientific (HKSE:02172) Overvalued in 2026?
Based on GuruFocus' analysis, MicroPort NeuroScientific stock appears to be undervalued.
The current stock price of HK$8.57 is trading 38.7% below its estimated GF Value™ of HK$13.97.
GuruFocus considers MicroPort NeuroScientific to be Possible Value Trap.
Key valuation signals for HKSE:02172:
Net Current Asset Value: HK$2.25
GF Value™: HK$13.97 vs. price of HK$8.57 (38.7% below fair value)
No single metric tells the full story. See the HKSE:02172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MicroPort NeuroScientific Corp is in the neuro-interventional medical device industry, dedicated to providing solutions for physicians and patients. The company boasts a comprehensive portfolio of approved therapeutic products covering all of three main areas of neurovascular disease, namely hemorrhagic stroke, cerebral atherosclerotic stenosis, and acute ischemic stroke. The company generates almost all of its revenue from the sale of medical devices. Geographically, the company generates the majority of its revenue from the PRC region, and also has operations in Israel.
93GF Score
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