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Wholetech System HitechROCO:3402 -7.03%71 Net Current Asset Value is NT$12.66 as of Dec. 2025, which is 100% below its 10-year median of 2.78. GuruFocus rates ROCO:3402 with a GF Score™ of 71/100 and a GF Value™ of NT$100.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,213 Industrial Products companies, Wholetech System Hitech ranks worse than 77.36% 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).
Wholetech System Hitech's net current asset value per share for the quarter that ended in Dec. 2025 was NT$12.66.
The historical rank and industry rank for Wholetech System Hitech's Net Current Asset Value or its related term are showing as below:
ROCO:3402'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.76 Med: 2.78 Max: 12.48
Current: 11.49
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Wholetech System Hitech was 12.48. The lowest was 1.76. And the median was 2.78.
ROCO:3402's Price-to-Net-Current-Asset-Value is ranked worse than 77.36% of 2213
companies
in the Industrial Products industry
Industry Median: 5.04
vs ROCO:3402: 11.49
Wholetech System Hitech (ROCO:3402) 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.
Wholetech System Hitech Net Current Asset Value Related Terms
Wholetech System Hitech Net Current Asset Value Historical Data
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The historical data trend for Wholetech System Hitech'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.
Wholetech System Hitech Net Current Asset Value Chart
ROCO:3402 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Wholetech System Hitech'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.
Wholetech System Hitech Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wholetech System Hitech's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Wholetech System Hitech'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$12.66 mean?
Wholetech System Hitech (ROCO:3402) has a Net Current Asset Value of NT$12.66 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 Wholetech System Hitech and its competitors. This is 355% above median its historical median of 2.78. Over the past decade, Wholetech System Hitech's Net Current Asset Value has ranged from 1.76 to 12.48. According to the industry distribution chart, Wholetech System Hitech ranks #1712 out of 2213 companies in the Industrial Products industry, placing it in the top 77.4%.
Is Wholetech System Hitech's Net Current Asset Value too high?
Wholetech System Hitech's current Net Current Asset Value of NT$12.66 is 355% above median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 12.48. Based on the distribution chart, Wholetech System Hitech ranks #1712 out of 2213 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Wholetech System Hitech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wholetech System Hitech's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Wholetech System Hitech ranks #1712 out of 2213 companies for Net Current Asset Value. This places Wholetech System Hitech in the lower half of its industry. The industry median Net Current Asset Value is 5.04. Historically, Wholetech System Hitech's own Net Current Asset Value has ranged from 1.76 to 12.48 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.04, based on 2,213 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 Wholetech System Hitech and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholetech System Hitech's current Net Current Asset Value is NT$12.66, which is 355% above median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholetech System Hitech stock overvalued right now?
Based on GuruFocus' analysis, Wholetech System Hitech (ROCO:3402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$100.10, compared to a current price of NT$145.50 — trading 45.4% above its estimated fair value. The current Net Current Asset Value is NT$12.66, which is 355% above median its 10-year median of 2.78. Wholetech System Hitech's overall GF Score™ is 71/100 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 Wholetech System Hitech (ROCO:3402), the current Net Current Asset Value is NT$12.66 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 Wholetech System Hitech (ROCO:3402) Overvalued in 2026?
Based on GuruFocus' analysis, Wholetech System Hitech stock appears to be overvalued.
The current stock price of NT$145.50 is trading 45.4% above its estimated GF Value™ of NT$100.10.
GuruFocus considers Wholetech System Hitech to be Significantly Overvalued.
Key valuation signals for ROCO:3402:
Net Current Asset Value: NT$12.66 (355% above median its 10-year median of 2.78)
GF Value™: NT$100.10 vs. price of NT$145.50 (45.4% above fair value)
No single metric tells the full story. See the ROCO:3402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wholetech System Hitech Ltd is engaged in the design and construction of processing pipeline projects and clean room projects. It designs, plans, constructs, and tests Bulk Gas Systems, Specialty Gas Supply Systems, Pumping & Exhaust Piping System design and Gas cabinets, Gas Rack VMB, and VMP, among others.
71GF Score
Get the complete analysis for ROCO:3402
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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