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CF PharmTechHKSE:02652 +0.81%15 Net Current Asset Value is HK$1.56 as of Dec. 2025, which is 100% below its 10-year median of 23.08. GuruFocus rates HKSE:02652 with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 606 Drug Manufacturers companies, CF PharmTech ranks worse than 71.78% 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).
CF PharmTech's net current asset value per share for the quarter that ended in Dec. 2025 was HK$1.56.
The historical rank and industry rank for CF PharmTech's Net Current Asset Value or its related term are showing as below:
HKSE:02652'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.77 Med: 23.08 Max: 23.08
Current: 11.12
During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of CF PharmTech was 23.08. The lowest was 10.77. And the median was 23.08.
HKSE:02652's Price-to-Net-Current-Asset-Value is ranked worse than 71.78% of 606
companies
in the Drug Manufacturers industry
Industry Median: 5.895
vs HKSE:02652: 11.12
CF PharmTech (HKSE:02652) 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.
CF PharmTech Net Current Asset Value Related Terms
CF PharmTech Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for CF PharmTech'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.
CF PharmTech Net Current Asset Value Chart
CF PharmTech Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
0.90
0.72
0.37
1.56
CF PharmTech Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Net Current Asset Value
0.90
0.72
0.37
1.56
HKSE:02652 vs ZTS: Net Current Asset Value Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, CF PharmTech'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.
CF PharmTech Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, CF PharmTech's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where CF PharmTech'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$1.56 mean?
CF PharmTech (HKSE:02652) has a Net Current Asset Value of HK$1.56 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 CF PharmTech and its competitors. This is 93% below median its historical median of 23.08. Over the past decade, CF PharmTech's Net Current Asset Value has ranged from 10.77 to 23.08. According to the industry distribution chart, CF PharmTech ranks #435 out of 606 companies in the Drug Manufacturers industry, placing it in the top 71.8%.
Is CF PharmTech's Net Current Asset Value too high?
CF PharmTech's current Net Current Asset Value of HK$1.56 is 93% below median its 10-year median of 23.08. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 23.08. Based on the distribution chart, CF PharmTech ranks #435 out of 606 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, CF PharmTech has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does CF PharmTech's Net Current Asset Value compare to ZTS?
According to the Drug Manufacturers industry distribution chart, CF PharmTech ranks #435 out of 606 companies for Net Current Asset Value. This places CF PharmTech in the lower half of its industry. The industry median Net Current Asset Value is 5.90. Historically, CF PharmTech's own Net Current Asset Value has ranged from 10.77 to 23.08 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 Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.90, based on 606 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 CF PharmTech and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CF PharmTech's current Net Current Asset Value is HK$1.56, which is 93% below median its own 10-year median of 23.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF PharmTech stock overvalued right now?
CF PharmTech (HKSE:02652) has a current Net Current Asset Value of HK$1.56. The current Net Current Asset Value is HK$1.56, which is 93% below median its 10-year median of 23.08. CF PharmTech's overall GF Score™ is 15/100 with 5 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 CF PharmTech (HKSE:02652), the current Net Current Asset Value is HK$1.56 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.
CF PharmTech Inc is engaged in inhalation drug delivery technology. It is dedicated to building multidisciplinary bridges between complex formulations and unmet clinical needs. The Company is a specialist in the development of complex inhalation formulations with high barriers to entry, and a platform-based pharmaceutical company with integrated capabilities spanning device engineering, precision drug delivery, international regulatory filing, and commercialization. Leveraging its self-developed, globally integrated end-to-end capabilities, from exhalation-powered nasal spray delivery systems and liposomal inhalation technology to small interfering RNA (siRNA) nucleic acid delivery platforms. Its therapeutic areas encompass respiratory diseases and nasal diseases.
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