ChipMOS TECHNOLOGIESIMOS +2.70%69 Net Current Asset Value is $3.71 as of Mar. 2026, which is 58% below its 10-year median of 8.73. GuruFocus rates IMOS with a GF Score™ of 69/100 and a GF Value™ of $29.62 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 721 Semiconductors companies, ChipMOS TECHNOLOGIES ranks worse than 67.55% 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).
ChipMOS TECHNOLOGIES's net current asset value per share for the quarter that ended in Mar. 2026 was $3.71.
The historical rank and industry rank for ChipMOS TECHNOLOGIES's Net Current Asset Value or its related term are showing as below:
IMOS'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.89 Med: 8.73 Max: 17.06
Current: 16.45
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of ChipMOS TECHNOLOGIES was 17.06. The lowest was 5.89. And the median was 8.73.
IMOS's Price-to-Net-Current-Asset-Value is ranked worse than 67.55% of 721
companies
in the Semiconductors industry
Industry Median: 9.65
vs IMOS: 16.45
ChipMOS TECHNOLOGIES (NAS:IMOS) 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.
ChipMOS TECHNOLOGIES Net Current Asset Value Related Terms
ChipMOS TECHNOLOGIES Net Current Asset Value Historical Data
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The historical data trend for ChipMOS TECHNOLOGIES'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.
ChipMOS TECHNOLOGIES Net Current Asset Value Chart
IMOS vs NVDA, AVGO, MU: Net Current Asset Value Comparison
For the Semiconductors subindustry, ChipMOS TECHNOLOGIES'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.
ChipMOS TECHNOLOGIES Price-to-Net-Current-Asset-Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ChipMOS TECHNOLOGIES's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where ChipMOS TECHNOLOGIES'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 $3.71 mean?
ChipMOS TECHNOLOGIES (IMOS) has a Net Current Asset Value of $3.71 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 ChipMOS TECHNOLOGIES and its competitors. This is 58% below median its historical median of 8.73. Over the past decade, ChipMOS TECHNOLOGIES's Net Current Asset Value has ranged from 5.89 to 17.06. According to the industry distribution chart, ChipMOS TECHNOLOGIES ranks #487 out of 721 companies in the Semiconductors industry, placing it in the top 67.5%.
Is ChipMOS TECHNOLOGIES's Net Current Asset Value too high?
ChipMOS TECHNOLOGIES's current Net Current Asset Value of $3.71 is 58% below median its 10-year median of 8.73. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 17.06. The Semiconductors industry median Net Current Asset Value is 9.65. ChipMOS TECHNOLOGIES's value of $3.71 is 61.6% below this industry median. Based on the distribution chart, ChipMOS TECHNOLOGIES ranks #487 out of 721 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ChipMOS TECHNOLOGIES has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ChipMOS TECHNOLOGIES's Net Current Asset Value compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ChipMOS TECHNOLOGIES ranks #487 out of 721 companies for Net Current Asset Value. This places ChipMOS TECHNOLOGIES in the lower half of its industry. The industry median Net Current Asset Value is 9.65. ChipMOS TECHNOLOGIES's value of $3.71 is 61.6% below this benchmark. Historically, ChipMOS TECHNOLOGIES's own Net Current Asset Value has ranged from 5.89 to 17.06 over the past decade. While the company's 10-year median is 8.73 vs. the industry median of 9.65, ChipMOS TECHNOLOGIES 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 Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 9.65, based on 721 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. ChipMOS TECHNOLOGIES's current Net Current Asset Value of $3.71 is 61.6% 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 ChipMOS TECHNOLOGIES and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 9.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ChipMOS TECHNOLOGIES's current Net Current Asset Value is $3.71, which is 58% below median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ChipMOS TECHNOLOGIES stock overvalued right now?
Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES (IMOS) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.62, compared to a current price of $60.54 — trading 104.4% above its estimated fair value. The current Net Current Asset Value is $3.71, which is 58% below median its 10-year median of 8.73 and 61.6% below the Semiconductors industry median of 9.65. ChipMOS TECHNOLOGIES's overall GF Score™ is 69/100 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 ChipMOS TECHNOLOGIES (IMOS), the current Net Current Asset Value is $3.71 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 ChipMOS TECHNOLOGIES (IMOS) Overvalued in 2026?
Based on GuruFocus' analysis, ChipMOS TECHNOLOGIES stock appears to be overvalued.
The current stock price of $60.54 is trading 104.4% above its estimated GF Value™ of $29.62.
GuruFocus considers ChipMOS TECHNOLOGIES to be Significantly Overvalued.
Key valuation signals for IMOS:
Net Current Asset Value: $3.71 (58% below median its 10-year median of 8.73)
GF Value™: $29.62 vs. price of $60.54 (104.4% above fair value)
Industry Position: 61.6% below the Semiconductors median (#487 of 721)
No single metric tells the full story. See the IMOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ChipMOS TECHNOLOGIES Inc is engaged in the research, development, manufacturing, and sale of high-integration and high-precision integrated circuits and related assembly and testing services. The company's segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others. It derives a majority of its revenue from Taiwan followed by Japan, the People's Republic of China, Singapore, and others.
69GF Score
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