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DLC AsiaHKSE:08210 Net Current Asset Value is HK$0.09 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 494 Capital Markets companies, DLC Asia ranks better than 92.71% 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).
DLC Asia's net current asset value per share for the quarter that ended in Mar. 2026 was HK$0.09.
The historical rank and industry rank for DLC Asia's Net Current Asset Value or its related term are showing as below:
HKSE:08210'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 1.53
Current: 0.56
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of DLC Asia was 1.53. The lowest was 0.40. And the median was 0.58.
HKSE:08210's Price-to-Net-Current-Asset-Value is ranked better than 92.71% of 494
companies
in the Capital Markets industry
Industry Median: 2.69
vs HKSE:08210: 0.56
DLC Asia (HKSE:08210) 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.
DLC Asia Net Current Asset Value Related Terms
DLC Asia Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for DLC Asia'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:08210 vs MS, GS, SCHW: Net Current Asset Value Comparison
For the Capital Markets subindustry, DLC Asia'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.
DLC Asia Price-to-Net-Current-Asset-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DLC Asia's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where DLC Asia'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$0.09 mean?
DLC Asia (HKSE:08210) has a Net Current Asset Value of HK$0.09 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on DLC Asia and its competitors. According to the industry distribution chart, DLC Asia ranks #36 out of 494 companies in the Capital Markets industry, placing it in the top 7.3%.
Is DLC Asia's Net Current Asset Value too high?
DLC Asia's current Net Current Asset Value is HK$0.09. Based on the distribution chart, DLC Asia ranks #36 out of 494 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does DLC Asia's Net Current Asset Value compare to MS and GS?
According to the Capital Markets industry distribution chart, DLC Asia ranks #36 out of 494 companies for Net Current Asset Value. This places DLC Asia in the top 7% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 2.69. 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 Capital Markets company?
The median Net Current Asset Value among Capital Markets companies is 2.69, based on 494 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 DLC Asia and its competitors. For the Capital Markets industry, the median Net Current Asset Value is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLC Asia's current Net Current Asset Value is HK$0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLC Asia stock overvalued right now?
Based on GuruFocus' analysis, DLC Asia (HKSE:08210) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.05 — trading 66.7% above its estimated fair value. The current Net Current Asset Value is HK$0.09. 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 DLC Asia (HKSE:08210), the current Net Current Asset Value is HK$0.09 as of Mar. 2026. 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.
DLC Asia Ltd is an investment holding company. Along with its holdings, the company is known as the interdealer broker in Hong Kong that provides derivatives brokerage services to Professional Investors by dealing in securities and futures contracts. Its revenues are derived from commission income received from customers for providing brokerage services on derivative contracts by various execution channels including HKEx, SGX, and OTC. Its revenue is earned from the HKEx market.
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