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ISP GlobalHKSE:08487 Net Current Asset Value is HK$0.04 as of Dec. 2025, which is 100% below its 10-year median of 3.32. The stock has 6 warning signs investors should review. Among 1,831 Hardware companies, ISP Global ranks better than 79.03% 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).
ISP Global's net current asset value per share for the quarter that ended in Dec. 2025 was HK$0.04.
The historical rank and industry rank for ISP Global's Net Current Asset Value or its related term are showing as below:
HKSE:08487'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.15 Med: 3.32 Max: 47
Current: 2.1
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of ISP Global was 47.00. The lowest was 1.15. And the median was 3.32.
HKSE:08487's Price-to-Net-Current-Asset-Value is ranked better than 79.03% of 1831
companies
in the Hardware industry
Industry Median: 5.33
vs HKSE:08487: 2.10
ISP Global (HKSE:08487) 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.
ISP Global Net Current Asset Value Related Terms
ISP Global Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for ISP Global'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:08487 vs CSCO, MSI, HPE: Net Current Asset Value Comparison
For the Communication Equipment subindustry, ISP Global'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.
ISP Global Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, ISP Global's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ISP Global'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$0.04 mean?
ISP Global (HKSE:08487) has a Net Current Asset Value of HK$0.04 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 ISP Global and its competitors. This is 99% below median its historical median of 3.32. Over the past decade, ISP Global's Net Current Asset Value has ranged from 1.15 to 47.00. According to the industry distribution chart, ISP Global ranks #384 out of 1831 companies in the Hardware industry, placing it in the top 21%.
Is ISP Global's Net Current Asset Value too high?
ISP Global's current Net Current Asset Value of HK$0.04 is 99% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 47.00. Based on the distribution chart, ISP Global ranks #384 out of 1831 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does ISP Global's Net Current Asset Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, ISP Global ranks #384 out of 1831 companies for Net Current Asset Value. This places ISP Global in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.33. Historically, ISP Global's own Net Current Asset Value has ranged from 1.15 to 47.00 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.33, based on 1,831 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 ISP Global and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISP Global's current Net Current Asset Value is HK$0.04, which is 99% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISP Global stock overvalued right now?
Based on GuruFocus' analysis, ISP Global (HKSE:08487) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.08 — trading 16% below its estimated fair value. The current Net Current Asset Value is HK$0.04, which is 99% below median its 10-year median of 3.32. 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 ISP Global (HKSE:08487), the current Net Current Asset Value is HK$0.04 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.
ISP Global Ltd is an investment holding company engaged in the sale and provision of integrated services for networking, sound, and communication systems in Singapore and the People's Republic of China (PRC). Additionally, it operates e-commerce businesses in the PRC and Malaysia. The Group's two main segments are e-commerce operations, focusing on brand marketing, online agency operations, retail, and distribution, and the sale and provision of integrated services for networking, sound, and communication systems, including alert alarm solutions. The majority of the Group's revenue is generated from its e-commerce operations. The Company operates in Singapore, Malaysia, Hong Kong, and the PRC, with the majority of its revenue coming from the PRC.
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