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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).
Tuhu Car's net current asset value per share for the quarter that ended in Jun. 2026 was HK$0.37.
The historical rank and industry rank for Tuhu Car's Net Current Asset Value or its related term are showing as below:
HKSE:09690'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 21.78 Med: 29.67 Max: 34.32
Current: 34
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tuhu Car was 34.32. The lowest was 21.78. And the median was 29.67.
HKSE:09690's Price-to-Net-Current-Asset-Value is ranked worse than 89.87% of 701
companies
in the Vehicles & Parts industry
Industry Median: 4.8
vs HKSE:09690: 34.00
Tuhu Car (HKSE:09690) 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.
Tuhu Car Net Current Asset Value Related Terms
Tuhu Car Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Tuhu Car'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:09690 vs ORLY, AZO, GPC: Net Current Asset Value Comparison
For the Auto Parts subindustry, Tuhu Car'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.
Tuhu Car Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tuhu Car's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Tuhu Car'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$0.37 mean?
Tuhu Car (HKSE:09690) has a Net Current Asset Value of HK$0.37 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tuhu Car and its competitors. According to the industry distribution chart, Tuhu Car ranks #630 out of 701 companies in the Vehicles & Parts industry, placing it in the top 89.9%.
Is Tuhu Car's Net Current Asset Value too high?
Tuhu Car's current Net Current Asset Value is HK$0.37. Based on the distribution chart, Tuhu Car ranks #630 out of 701 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tuhu Car has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tuhu Car's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tuhu Car ranks #630 out of 701 companies for Net Current Asset Value. This places Tuhu Car in the lower half of its industry. The industry median Net Current Asset Value is 4.80. 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.80, based on 701 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 Tuhu Car and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuhu Car's current Net Current Asset Value is HK$0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuhu Car stock overvalued right now?
Based on GuruFocus' analysis, Tuhu Car (HKSE:09690) is currently considered Possible Value Trap. The stock's GF Value™ is HK$24.04, compared to a current price of HK$12.58 — trading 47.7% below its estimated fair value. The current Net Current Asset Value is HK$0.37. Tuhu Car's overall GF Score™ is 56/100 with 3 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 Tuhu Car (HKSE:09690), the current Net Current Asset Value is HK$0.37 as of Jun. 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 Tuhu Car (HKSE:09690) Overvalued in 2026?
Based on GuruFocus' analysis, Tuhu Car stock appears to be undervalued.
The current stock price of HK$12.58 is trading 47.7% below its estimated GF Value™ of HK$24.04.
GuruFocus considers Tuhu Car to be Possible Value Trap.
Key valuation signals for HKSE:09690:
Net Current Asset Value: HK$0.37
GF Value™: HK$24.04 vs. price of HK$12.58 (47.7% below fair value)
No single metric tells the full story. See the HKSE:09690 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tuhu Car Inc operates an integrated online and offline platform for automotive services in China. Through its flagship TUHU Automotive Service app and other online interfaces, the company streamlines diverse car service needs, delivering a digital and on-demand experience. Its offline network includes self-operated Tuhu workshops, franchised Tuhu workshops, and third-party partner stores. The company serves the majority of passenger vehicle models, offering products and services such as tires and chassis parts, auto maintenance, repair, car detailing, auto accessories, and related installation services. It also provides advertising, franchise, and SaaS solutions to participants on its platform. All operations are conducted within the People's Republic of China.
56GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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