China High Precision Automation GroupHPAGF -0.01%43 Net Current Asset Value is $0.20 as of Dec. 2025, which is 73% below its 10-year median of 0.73. GuruFocus rates HPAGF with a GF Score™ of 43/100 and a GF Value™ of $0.01 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,842 Hardware companies, China High Precision Automation Group ranks better than 99.57% 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).
HPAGF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.09 Med: 0.73 Max: 0.8
Current: 0.15
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of China High Precision Automation Group was 0.80. The lowest was 0.09. And the median was 0.73.
HPAGF's Price-to-Net-Current-Asset-Value is ranked better than 99.57% of 1842
companies
in the Hardware industry
Industry Median: 5.315
vs HPAGF: 0.15
China High Precision Automation Group (OTCPK:HPAGF) 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.
China High Precision Automation Group Net Current Asset Value Related Terms
China High Precision Automation 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.
China High Precision Automation Group Net Current Asset Value Chart
HPAGF vs COHR, KEYS, GRMN: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, China High Precision Automation 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.
China High Precision Automation Group Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, China High Precision Automation Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China High Precision Automation 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 $0.20 mean?
China High Precision Automation Group (HPAGF) has a Net Current Asset Value of $0.20 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 China High Precision Automation Group and its competitors. This is 73% below median its historical median of 0.73. Over the past decade, China High Precision Automation Group's Net Current Asset Value has ranged from 0.09 to 0.80. According to the industry distribution chart, China High Precision Automation Group ranks #8 out of 1842 companies in the Hardware industry, placing it in the top 0.40000000000001%.
Is China High Precision Automation Group's Net Current Asset Value too high?
China High Precision Automation Group's current Net Current Asset Value of $0.20 is 73% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.80. The Hardware industry median Net Current Asset Value is 5.32. China High Precision Automation Group's value of $0.20 is 96.2% below this industry median. Based on the distribution chart, China High Precision Automation Group ranks #8 out of 1842 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China High Precision Automation Group has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's Net Current Asset Value compare to COHR and KEYS?
According to the Hardware industry distribution chart, China High Precision Automation Group ranks #8 out of 1842 companies for Net Current Asset Value. This places China High Precision Automation Group in the top 0% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.32. China High Precision Automation Group's value of $0.20 is 96.2% below this benchmark. Historically, China High Precision Automation Group's own Net Current Asset Value has ranged from 0.09 to 0.80 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 5.32, China High Precision Automation Group has consistently been below the industry average. 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 5.32, based on 1,842 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. China High Precision Automation Group's current Net Current Asset Value of $0.20 is 96.2% below the industry median. 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 China High Precision Automation Group and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Precision Automation Group's current Net Current Asset Value is $0.20, which is 73% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
Based on GuruFocus' analysis, China High Precision Automation Group (HPAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.03 — trading 189.9% above its estimated fair value. The current Net Current Asset Value is $0.20, which is 73% below median its 10-year median of 0.73 and 96.2% below the Hardware industry median of 5.32. China High Precision Automation Group's overall GF Score™ is 43/100 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 China High Precision Automation Group (HPAGF), the current Net Current Asset Value is $0.20 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.
Is China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.03 is trading 189.9% above its estimated GF Value™ of $0.01.
GuruFocus considers China High Precision Automation Group to be Significantly Overvalued.
Key valuation signals for HPAGF:
Net Current Asset Value: $0.20 (73% below median its 10-year median of 0.73)
GF Value™: $0.01 vs. price of $0.03 (189.9% above fair value)
Industry Position: 96.2% below the Hardware median (#8 of 1842)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Business Description
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
43GF Score
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