Aeso Holding (HKSE:08341) Net Current Asset Value: HK$0.28 (As of Mar. 2026) — 77% Below Median

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HKSE:08341 Aeso Holding Ltd HKSE:08341
45 GF Score
Price HK$0.15
GF Value HK$0.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Aeso Holding Net Current Asset Value?

Aeso Holding HKSE:08341 45 Net Current Asset Value is HK$0.28 as of Mar. 2026, which is 100% below its 10-year median of 1.22. GuruFocus rates HKSE:08341 with a GF Score™ of 45/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 624 Business Services companies, Aeso Holding ranks better than 96.96% 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).

Aeso Holding's net current asset value per share for the quarter that ended in Mar. 2026 was HK$0.28.

The historical rank and industry rank for Aeso Holding's Net Current Asset Value or its related term are showing as below:

HKSE:08341' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.32   Med: 1.22   Max: 785.17
Current: 0.54

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Aeso Holding was 785.17. The lowest was 0.32. And the median was 1.22.

HKSE:08341's Price-to-Net-Current-Asset-Value is ranked better than
96.96% of 624 companies
in the Business Services industry
Industry Median: 3.71 vs HKSE:08341: 0.54

Aeso Holding  (HKSE:08341) 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 Graham’s 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.


Aeso Holding Net Current Asset Value Related Terms


Aeso Holding Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Aeso Holding'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.

Aeso Holding Net Current Asset Value Chart

Aeso Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.33 0.44 0.47 0.28

Aeso Holding Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.50 0.47 0.51 0.28

HKSE:08341 vs VRSK, EFX, BAH: Net Current Asset Value Comparison

For the Consulting Services subindustry, Aeso Holding'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.


Aeso Holding Price-to-Net-Current-Asset-Value vs Business Services Industry

For the Business Services industry and Industrials sector, Aeso Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Aeso Holding's Price-to-Net-Current-Asset-Value falls into.


HKSE:08341
45GF Score
Aeso Holding Ltd HKSE:08341
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeso Holding Net Current Asset Value Calculation

Aeso Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(182.214-115.636-0-0)/240.000
=0.28

Aeso Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(182.214-115.636-0-0)/240.000
=0.28

* 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$0.28 mean?
Aeso Holding (HKSE:08341) has a Net Current Asset Value of HK$0.28 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 Aeso Holding and its competitors. This is 77% below median its historical median of 1.22. Over the past decade, Aeso Holding's Net Current Asset Value has ranged from 0.32 to 785.17. According to the industry distribution chart, Aeso Holding ranks #19 out of 624 companies in the Business Services industry, placing it in the top 3%.
Is Aeso Holding's Net Current Asset Value too high?
Aeso Holding's current Net Current Asset Value of HK$0.28 is 77% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 785.17. Based on the distribution chart, Aeso Holding ranks #19 out of 624 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Aeso Holding has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeso Holding's Net Current Asset Value compare to VRSK and EFX?
According to the Business Services industry distribution chart, Aeso Holding ranks #19 out of 624 companies for Net Current Asset Value. This places Aeso Holding in the top 3% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.71. Historically, Aeso Holding's own Net Current Asset Value has ranged from 0.32 to 785.17 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 Business Services company?
The median Net Current Asset Value among Business Services companies is 3.71, based on 624 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 Aeso Holding and its competitors. For the Business Services industry, the median Net Current Asset Value is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeso Holding's current Net Current Asset Value is HK$0.28, which is 77% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeso Holding stock overvalued right now?
Based on GuruFocus' analysis, Aeso Holding (HKSE:08341) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.15 — trading 115.7% above its estimated fair value. The current Net Current Asset Value is HK$0.28, which is 77% below median its 10-year median of 1.22. Aeso Holding's overall GF Score™ is 45/100 with 6 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 Aeso Holding (HKSE:08341), the current Net Current Asset Value is HK$0.28 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 Aeso Holding (HKSE:08341) Overvalued in 2026?

Based on GuruFocus' analysis, Aeso Holding stock appears to be overvalued. The current stock price of HK$0.15 is trading 115.7% above its estimated GF Value™ of HK$0.07. GuruFocus considers Aeso Holding to be Significantly Overvalued.

Key valuation signals for HKSE:08341:

  • Net Current Asset Value: HK$0.28 (77% below median its 10-year median of 1.22)
  • GF Value™: HK$0.07 vs. price of HK$0.15 (115.7% above fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the HKSE:08341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aeso Holding Business Description

Address 22-26 Bonham Strand, 17th and 18th Floor, The Pemberton, Sheung Wan, Hong Kong, HKG
Aeso Holding Ltd is an investment holding company. Through its subsidiaries, it operates as a contractor providing renovation work and alteration services for commercial premises. It also offers fitting-out work for the construction of commercial and residential developments. The operating segments of the company are Fitting-out projects and Renovation projects, of which maximum revenue is derived from operating Fitting-out projects. The company's revenue is derived from its operations in Hong Kong.
45GF Score

Get the complete analysis for HKSE:08341

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.15
Price
HK$0.07
GF Value