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New Century Logistics (BVI)NCEW +3.77%15 Net Current Asset Value is $1.16 as of Mar. 2026, which is 77% below its 10-year median of 5.14. GuruFocus rates NCEW with a GF Scoreâ„¢ of 15/100. The stock has 6 warning signs investors should review. Among 359 Transportation companies, New Century Logistics (BVI) ranks worse than 80.5% 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).
New Century Logistics (BVI)'s net current asset value per share for the quarter that ended in Mar. 2026 was $1.16.
The historical rank and industry rank for New Century Logistics (BVI)'s Net Current Asset Value or its related term are showing as below:
NCEW'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.97 Med: 5.14 Max: 14.74
Current: 14.49
During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of New Century Logistics (BVI) was 14.74. The lowest was 3.97. And the median was 5.14.
NCEW's Price-to-Net-Current-Asset-Value is ranked worse than 80.5% of 359
companies
in the Transportation industry
Industry Median: 3.99
vs NCEW: 14.49
New Century Logistics (BVI) (NAS:NCEW) 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 GrahamÂ’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.
New Century Logistics (BVI) Net Current Asset Value Related Terms
New Century Logistics (BVI) 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.
New Century Logistics (BVI) Net Current Asset Value Chart
NCEW vs JANL, CRGO, SFWL: Net Current Asset Value Comparison
For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.
New Century Logistics (BVI) Price-to-Net-Current-Asset-Value vs Transportation Industry
For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where New Century Logistics (BVI)'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 $1.16 mean?
New Century Logistics (BVI) (NCEW) has a Net Current Asset Value of $1.16 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 New Century Logistics (BVI) and its competitors. This is 77% below median its historical median of 5.14. Over the past decade, New Century Logistics (BVI)'s Net Current Asset Value has ranged from 3.97 to 14.74. According to the industry distribution chart, New Century Logistics (BVI) ranks #289 out of 359 companies in the Transportation industry, placing it in the top 80.5%.
Is New Century Logistics (BVI)'s Net Current Asset Value too high?
New Century Logistics (BVI)'s current Net Current Asset Value of $1.16 is 77% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 14.74. The Transportation industry median Net Current Asset Value is 3.99. New Century Logistics (BVI)'s value of $1.16 is 70.9% below this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #289 out of 359 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, New Century Logistics (BVI) has a GF Scoreâ„¢ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s Net Current Asset Value compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #289 out of 359 companies for Net Current Asset Value. This places New Century Logistics (BVI) in the lower half of its industry. The industry median Net Current Asset Value is 3.99. New Century Logistics (BVI)'s value of $1.16 is 70.9% below this benchmark. Historically, New Century Logistics (BVI)'s own Net Current Asset Value has ranged from 3.97 to 14.74 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 3.99, New Century Logistics (BVI) 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 Transportation company?
The median Net Current Asset Value among Transportation companies is 3.99, based on 359 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. New Century Logistics (BVI)'s current Net Current Asset Value of $1.16 is 70.9% 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 New Century Logistics (BVI) and its competitors. For the Transportation industry, the median Net Current Asset Value is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current Net Current Asset Value is $1.16, which is 77% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current Net Current Asset Value of $1.16. The current Net Current Asset Value is $1.16, which is 77% below median its 10-year median of 5.14 and 70.9% below the Transportation industry median of 3.99. New Century Logistics (BVI)'s overall GF Score™ is 15/100 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 New Century Logistics (BVI) (NCEW), the current Net Current Asset Value is $1.16 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.
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
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