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Chian Hsing Forging Ind CoROCO:4528 -0.97%66 Net Current Asset Value is NT$0.80 as of Dec. 2025, which is 100% below its 10-year median of 20.88. GuruFocus rates ROCO:4528 with a GF Score™ of 66/100 and a GF Value™ of NT$20.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 708 Vehicles & Parts companies, Chian Hsing Forging Ind Co ranks worse than 83.76% 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).
Chian Hsing Forging Ind Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$0.80.
The historical rank and industry rank for Chian Hsing Forging Ind Co's Net Current Asset Value or its related term are showing as below:
ROCO:4528'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 19.06 Med: 20.88 Max: 20.88
Current: 19.06
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chian Hsing Forging Ind Co was 20.88. The lowest was 19.06. And the median was 20.88.
ROCO:4528's Price-to-Net-Current-Asset-Value is ranked worse than 83.76% of 708
companies
in the Vehicles & Parts industry
Industry Median: 4.6
vs ROCO:4528: 19.06
Chian Hsing Forging Ind Co (ROCO:4528) 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.
Chian Hsing Forging Ind Co Net Current Asset Value Related Terms
Chian Hsing Forging Ind Co 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.
Chian Hsing Forging Ind Co Net Current Asset Value Chart
ROCO:4528 vs ORLY, AZO: Net Current Asset Value Comparison
For the Auto Parts subindustry, Chian Hsing Forging Ind 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.
Chian Hsing Forging Ind Co Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Chian Hsing Forging Ind Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chian Hsing Forging Ind 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$0.80 mean?
Chian Hsing Forging Ind Co (ROCO:4528) has a Net Current Asset Value of NT$0.80 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 Chian Hsing Forging Ind Co and its competitors. This is 96% below median its historical median of 20.88. Over the past decade, Chian Hsing Forging Ind Co's Net Current Asset Value has ranged from 19.06 to 20.88. According to the industry distribution chart, Chian Hsing Forging Ind Co ranks #593 out of 708 companies in the Vehicles & Parts industry, placing it in the top 83.8%.
Is Chian Hsing Forging Ind Co's Net Current Asset Value too high?
Chian Hsing Forging Ind Co's current Net Current Asset Value of NT$0.80 is 96% below median its 10-year median of 20.88. Over the past 10 years, this metric has ranged from a low of 19.06 to a high of 20.88. Based on the distribution chart, Chian Hsing Forging Ind Co ranks #593 out of 708 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Chian Hsing Forging Ind Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chian Hsing Forging Ind Co's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chian Hsing Forging Ind Co ranks #593 out of 708 companies for Net Current Asset Value. This places Chian Hsing Forging Ind Co in the lower half of its industry. The industry median Net Current Asset Value is 4.60. Historically, Chian Hsing Forging Ind Co's own Net Current Asset Value has ranged from 19.06 to 20.88 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.60, based on 708 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 Chian Hsing Forging Ind Co and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chian Hsing Forging Ind Co's current Net Current Asset Value is NT$0.80, which is 96% below median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chian Hsing Forging Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Chian Hsing Forging Ind Co (ROCO:4528) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.96, compared to a current price of NT$15.25 — trading 27.2% below its estimated fair value. The current Net Current Asset Value is NT$0.80, which is 96% below median its 10-year median of 20.88. Chian Hsing Forging Ind Co's overall GF Score™ is 66/100 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 Chian Hsing Forging Ind Co (ROCO:4528), the current Net Current Asset Value is NT$0.80 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 Chian Hsing Forging Ind Co (ROCO:4528) Overvalued in 2026?
Based on GuruFocus' analysis, Chian Hsing Forging Ind Co stock appears to be undervalued.
The current stock price of NT$15.25 is trading 27.2% below its estimated GF Value™ of NT$20.96.
GuruFocus considers Chian Hsing Forging Ind Co to be Modestly Undervalued.
Key valuation signals for ROCO:4528:
Net Current Asset Value: NT$0.80 (96% below median its 10-year median of 20.88)
GF Value™: NT$20.96 vs. price of NT$15.25 (27.2% below fair value)
No single metric tells the full story. See the ROCO:4528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chian Hsing Forging Ind Co Ltd manufactures a variety of forged products. The company is engaged in Auto parts forging, manufacturing, and processing. The products of the company include Track related products, automobile parts, motorbike parts, bicycle parts, mechanical parts, hardware tools, and pneumatic chisels. Geographically, the company operates in China, Taiwan, United States and others.
66GF Score
Get the complete analysis for ROCO:4528
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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