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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).
HKSE:08320's Price-to-Net-Current-Asset-Value is ranked better than 86.6% of 97
companies
in the Waste Management industry
Industry Median: 4.27
vs HKSE:08320: 1.58
Allied Sustainability And Environmental Consultants Group (HKSE:08320) 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.
Allied Sustainability And Environmental Consultants Group Net Current Asset Value Related Terms
Allied Sustainability And Environmental Consultants 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.
Allied Sustainability And Environmental Consultants Group Net Current Asset Value Chart
Allied Sustainability And Environmental Consultants Group Annual Data
HKSE:08320 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Allied Sustainability And Environmental Consultants 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.
Allied Sustainability And Environmental Consultants Group Price-to-Net-Current-Asset-Value vs Waste Management Industry
* 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$0.08 mean?
Allied Sustainability And Environmental Consultants Group (HKSE:08320) has a Net Current Asset Value of HK$0.08 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 Allied Sustainability And Environmental Consultants Group and its competitors. This is 94% below median its historical median of 1.27. Over the past decade, Allied Sustainability And Environmental Consultants Group's Net Current Asset Value has ranged from 0.61 to 3.83. According to the industry distribution chart, Allied Sustainability And Environmental Consultants Group ranks #13 out of 97 companies in the Waste Management industry, placing it in the top 13.4%.
Is Allied Sustainability And Environmental Consultants Group's Net Current Asset Value too high?
Allied Sustainability And Environmental Consultants Group's current Net Current Asset Value of HK$0.08 is 94% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 3.83. Based on the distribution chart, Allied Sustainability And Environmental Consultants Group ranks #13 out of 97 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Sustainability And Environmental Consultants Group has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Sustainability And Environmental Consultants Group's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Allied Sustainability And Environmental Consultants Group ranks #13 out of 97 companies for Net Current Asset Value. This places Allied Sustainability And Environmental Consultants Group in the top 13% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.27. Historically, Allied Sustainability And Environmental Consultants Group's own Net Current Asset Value has ranged from 0.61 to 3.83 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.27, based on 97 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 Allied Sustainability And Environmental Consultants Group and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Sustainability And Environmental Consultants Group's current Net Current Asset Value is HK$0.08, which is 94% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Sustainability And Environmental Consultants Group stock overvalued right now?
Based on GuruFocus' analysis, Allied Sustainability And Environmental Consultants Group (HKSE:08320) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.13 — trading 26% above its estimated fair value. The current Net Current Asset Value is HK$0.08, which is 94% below median its 10-year median of 1.27. Allied Sustainability And Environmental Consultants Group's overall GF Score™ is 49/100 with 9 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 Allied Sustainability And Environmental Consultants Group (HKSE:08320), the current Net Current Asset Value is HK$0.08 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.
Is Allied Sustainability And Environmental Consultants Group (HKSE:08320) Overvalued in 2026?
Based on GuruFocus' analysis, Allied Sustainability And Environmental Consultants Group stock appears to be overvalued.
The current stock price of HK$0.13 is trading 26% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Allied Sustainability And Environmental Consultants Group to be Modestly Overvalued.
Key valuation signals for HKSE:08320:
Net Current Asset Value: HK$0.08 (94% below median its 10-year median of 1.27)
GF Value™: HK$0.10 vs. price of HK$0.13 (26% above fair value)
No single metric tells the full story. See the HKSE:08320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong but has a presence in Macau and the PRC.
49GF Score
Get the complete analysis for HKSE:08320
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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