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Chi Hua Fitness CoROCO:1593 -0.33%70 Net Current Asset Value is NT$4.13 as of Dec. 2025, which is 100% below its 10-year median of 5.61. GuruFocus rates ROCO:1593 with a GF Score™ of 70/100 and a GF Value™ of NT$53.42 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 310 Travel & Leisure companies, Chi Hua Fitness Co ranks worse than 65.16% 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).
Chi Hua Fitness Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$4.13.
The historical rank and industry rank for Chi Hua Fitness Co's Net Current Asset Value or its related term are showing as below:
ROCO:1593'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.36 Med: 5.61 Max: 27.17
Current: 7.31
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chi Hua Fitness Co was 27.17. The lowest was 2.36. And the median was 5.61.
ROCO:1593's Price-to-Net-Current-Asset-Value is ranked worse than 65.16% of 310
companies
in the Travel & Leisure industry
Industry Median: 3.96
vs ROCO:1593: 7.31
Chi Hua Fitness Co (ROCO:1593) 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.
Chi Hua Fitness Co Net Current Asset Value Related Terms
Chi Hua Fitness Co Net Current Asset Value Historical Data
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The historical data trend for Chi Hua Fitness Co'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.
ROCO:1593 vs AS, HAS, LTH: Net Current Asset Value Comparison
For the Leisure subindustry, Chi Hua Fitness Co'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.
Chi Hua Fitness Co Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Chi Hua Fitness Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chi Hua Fitness Co'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 NT$4.13 mean?
Chi Hua Fitness Co (ROCO:1593) has a Net Current Asset Value of NT$4.13 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 Chi Hua Fitness Co and its competitors. This is 26% below median its historical median of 5.61. Over the past decade, Chi Hua Fitness Co's Net Current Asset Value has ranged from 2.36 to 27.17. According to the industry distribution chart, Chi Hua Fitness Co ranks #202 out of 310 companies in the Travel & Leisure industry, placing it in the top 65.2%.
Is Chi Hua Fitness Co's Net Current Asset Value too high?
Chi Hua Fitness Co's current Net Current Asset Value of NT$4.13 is 26% below median its 10-year median of 5.61. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 27.17. Based on the distribution chart, Chi Hua Fitness Co ranks #202 out of 310 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Chi Hua Fitness Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chi Hua Fitness Co's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Chi Hua Fitness Co ranks #202 out of 310 companies for Net Current Asset Value. This places Chi Hua Fitness Co in the lower half of its industry. The industry median Net Current Asset Value is 3.96. Historically, Chi Hua Fitness Co's own Net Current Asset Value has ranged from 2.36 to 27.17 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 3.96, based on 310 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 Chi Hua Fitness Co and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Hua Fitness Co's current Net Current Asset Value is NT$4.13, which is 26% below median its own 10-year median of 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Hua Fitness Co stock overvalued right now?
Based on GuruFocus' analysis, Chi Hua Fitness Co (ROCO:1593) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$53.42, compared to a current price of NT$30.20 — trading 43.5% below its estimated fair value. The current Net Current Asset Value is NT$4.13, which is 26% below median its 10-year median of 5.61. Chi Hua Fitness Co's overall GF Score™ is 70/100 with 5 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 Chi Hua Fitness Co (ROCO:1593), the current Net Current Asset Value is NT$4.13 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 Chi Hua Fitness Co (ROCO:1593) Overvalued in 2026?
Based on GuruFocus' analysis, Chi Hua Fitness Co stock appears to be undervalued.
The current stock price of NT$30.20 is trading 43.5% below its estimated GF Value™ of NT$53.42.
GuruFocus considers Chi Hua Fitness Co to be Significantly Undervalued.
Key valuation signals for ROCO:1593:
Net Current Asset Value: NT$4.13 (26% below median its 10-year median of 5.61)
GF Value™: NT$53.42 vs. price of NT$30.20 (43.5% below fair value)
No single metric tells the full story. See the ROCO:1593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chi Hua Fitness Co Ltd is a Taiwan-based company engaged in the manufacture and sales of sports equipment and related products. Its product line includes consoles, bikes, lower control boards, gear motors, brakes, cables, bicycle trainers, low-cost generators, and wind generators, among others.
70GF Score
Get the complete analysis for ROCO:1593
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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