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Echo International Holdings GroupHKSE:08218 +12.50% Net Current Asset Value is HK$0.01 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,823 Hardware companies, Echo International Holdings Group ranks worse than 73.83% 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 Echo International Holdings Group's Net Current Asset Value or its related term are showing as below:
HKSE:08218'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.83 Med: 6.83 Max: 26.67
Current: 10.8
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Echo International Holdings Group was 26.67. The lowest was 2.83. And the median was 6.83.
HKSE:08218's Price-to-Net-Current-Asset-Value is ranked worse than 73.83% of 1823
companies
in the Hardware industry
Industry Median: 5.22
vs HKSE:08218: 10.80
Echo International Holdings Group (HKSE:08218) 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.
Echo International Holdings Group Net Current Asset Value Related Terms
Echo International Holdings Group 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.
Echo International Holdings Group Net Current Asset Value Chart
HKSE:08218 vs COHR, KEYS, GRMN: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, Echo International Holdings 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.
Echo International Holdings Group Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Echo International Holdings Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Echo International Holdings 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$0.01 mean?
Echo International Holdings Group (HKSE:08218) has a Net Current Asset Value of HK$0.01 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 Echo International Holdings Group and its competitors. According to the industry distribution chart, Echo International Holdings Group ranks #1346 out of 1823 companies in the Hardware industry, placing it in the top 73.8%.
Is Echo International Holdings Group's Net Current Asset Value too high?
Echo International Holdings Group's current Net Current Asset Value is HK$0.01. Based on the distribution chart, Echo International Holdings Group ranks #1346 out of 1823 companies in the Hardware industry, which is below the industry midpoint.
How does Echo International Holdings Group's Net Current Asset Value compare to COHR and KEYS?
According to the Hardware industry distribution chart, Echo International Holdings Group ranks #1346 out of 1823 companies for Net Current Asset Value. This places Echo International Holdings Group in the lower half of its industry. The industry median Net Current Asset Value is 5.22. 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.22, based on 1,823 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 Echo International Holdings Group and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Echo International Holdings Group's current Net Current Asset Value is HK$0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo International Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Echo International Holdings Group (HKSE:08218) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.11 — trading 35% above its estimated fair value. The current Net Current Asset Value is HK$0.01. 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 Echo International Holdings Group (HKSE:08218), the current Net Current Asset Value is HK$0.01 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.
Echo International Holdings Group Ltd is an investment holding company. Its operating segments include trading of electronic products, manufacturing and trading of electronic products and accessories, provision of food catering services, and trading of timepieces. The company generates the majority of its revenue from the sale of electronic products and accessories. The Group also provides one-stop complete electronic product manufacturing and assembly services, including products such as security alarms, buzzers, fire alarms, massage toners, fishing indicators, and communicators. It operates in Hong Kong, Asian countries, European countries, North and South America, Australia, and other regions, with the majority of revenue derived from European countries.
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