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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cornerstone Financial HoldingsHKSE:08112 +8.11%40 Net Current Asset Value is HK$0.40 as of Dec. 2025, which is 100% below its 10-year median of 0.35. GuruFocus rates HKSE:08112 with a GF Score™ of 40/100 and a GF Value™ of HK$0.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 538 Media - Diversified companies, Cornerstone Financial Holdings ranks better than 97.58% 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).
The historical rank and industry rank for Cornerstone Financial Holdings's Net Current Asset Value or its related term are showing as below:
HKSE:08112'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.08 Med: 0.35 Max: 2.02
Current: 0.3
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Cornerstone Financial Holdings was 2.02. The lowest was 0.08. And the median was 0.35.
HKSE:08112's Price-to-Net-Current-Asset-Value is ranked better than 97.58% of 538
companies
in the Media - Diversified industry
Industry Median: 2.825
vs HKSE:08112: 0.30
Cornerstone Financial Holdings (HKSE:08112) 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.
Cornerstone Financial Holdings Net Current Asset Value Related Terms
Cornerstone Financial Holdings Net Current Asset Value Historical Data
* 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.
Cornerstone Financial Holdings Net Current Asset Value Chart
HKSE:08112 vs APP, OMC, TTD: Net Current Asset Value Comparison
For the Advertising Agencies subindustry, Cornerstone Financial 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.
Cornerstone Financial Holdings Price-to-Net-Current-Asset-Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Cornerstone Financial Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Cornerstone Financial Holdings'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$0.40 mean?
Cornerstone Financial Holdings (HKSE:08112) has a Net Current Asset Value of HK$0.40 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 Cornerstone Financial Holdings and its competitors. This is 14% above median its historical median of 0.35. Over the past decade, Cornerstone Financial Holdings' Net Current Asset Value has ranged from 0.08 to 2.02. According to the industry distribution chart, Cornerstone Financial Holdings ranks #13 out of 538 companies in the Media - Diversified industry, placing it in the top 2.4%.
Is Cornerstone Financial Holdings' Net Current Asset Value too high?
Cornerstone Financial Holdings' current Net Current Asset Value of HK$0.40 is 14% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.02. Based on the distribution chart, Cornerstone Financial Holdings ranks #13 out of 538 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Cornerstone Financial Holdings has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cornerstone Financial Holdings' Net Current Asset Value compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Cornerstone Financial Holdings ranks #13 out of 538 companies for Net Current Asset Value. This places Cornerstone Financial Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.83. Historically, Cornerstone Financial Holdings' own Net Current Asset Value has ranged from 0.08 to 2.02 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 Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.83, based on 538 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 Cornerstone Financial Holdings and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cornerstone Financial Holdings's current Net Current Asset Value is HK$0.40, which is 14% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cornerstone Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cornerstone Financial Holdings (HKSE:08112) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.16, compared to a current price of HK$0.12 — trading 25% below its estimated fair value. The current Net Current Asset Value is HK$0.40, which is 14% above median its 10-year median of 0.35. Cornerstone Financial Holdings' overall GF Score™ is 40/100 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 Cornerstone Financial Holdings (HKSE:08112), the current Net Current Asset Value is HK$0.40 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 Cornerstone Financial Holdings (HKSE:08112) Overvalued in 2026?
Based on GuruFocus' analysis, Cornerstone Financial Holdings stock appears to be undervalued.
The current stock price of HK$0.12 is trading 25% below its estimated GF Value™ of HK$0.16.
GuruFocus considers Cornerstone Financial Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08112:
Net Current Asset Value: HK$0.40 (14% above median its 10-year median of 0.35)
GF Value™: HK$0.16 vs. price of HK$0.12 (25% below fair value)
No single metric tells the full story. See the HKSE:08112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cornerstone Financial Holdings Ltd is an investment holding company. Along with its subsidiaries, it operates in the following segments: Advertising and media, Financial services, and Retail of skin care products. The majority of its revenue is generated from the Advertising and media segment, which is mainly involved in creating and operating a network of flat-panel displays in elevator lobbies of office and commercial complexes, as well as residential buildings, to sell advertisements. The Financial services segment mainly includes securities dealings, brokerage business, and margin financing business. Geographically, the Group generates maximum revenue from Hong Kong and the rest from Singapore.
40GF 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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