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Hong Wei Electrical Industry CoROCO:4565 88 Net Current Asset Value is NT$21.51 as of Dec. 2025, which is 100% below its 10-year median of 4.87. GuruFocus rates ROCO:4565 with a GF Score™ of 88/100 and a GF Value™ of NT$102.94 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,213 Industrial Products companies, Hong Wei Electrical Industry Co ranks worse than 55.67% 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).
The historical rank and industry rank for Hong Wei Electrical Industry Co's Net Current Asset Value or its related term are showing as below:
ROCO:4565'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.31 Med: 4.87 Max: 12.18
Current: 5.79
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hong Wei Electrical Industry Co was 12.18. The lowest was 3.31. And the median was 4.87.
ROCO:4565's Price-to-Net-Current-Asset-Value is ranked worse than 55.67% of 2213
companies
in the Industrial Products industry
Industry Median: 4.99
vs ROCO:4565: 5.79
Hong Wei Electrical Industry Co (ROCO:4565) 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.
Hong Wei Electrical Industry Co Net Current Asset Value Related Terms
Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Net Current Asset Value Chart
ROCO:4565 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Hong Wei Electrical Industry 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.
Hong Wei Electrical Industry Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hong Wei Electrical Industry Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hong Wei Electrical Industry 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$21.51 mean?
Hong Wei Electrical Industry Co (ROCO:4565) has a Net Current Asset Value of NT$21.51 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 Hong Wei Electrical Industry Co and its competitors. This is 342% above median its historical median of 4.87. Over the past decade, Hong Wei Electrical Industry Co's Net Current Asset Value has ranged from 3.31 to 12.18. According to the industry distribution chart, Hong Wei Electrical Industry Co ranks #1232 out of 2213 companies in the Industrial Products industry, placing it in the top 55.7%.
Is Hong Wei Electrical Industry Co's Net Current Asset Value too high?
Hong Wei Electrical Industry Co's current Net Current Asset Value of NT$21.51 is 342% above median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 12.18. Based on the distribution chart, Hong Wei Electrical Industry Co ranks #1232 out of 2213 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hong Wei Electrical Industry Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Wei Electrical Industry Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hong Wei Electrical Industry Co ranks #1232 out of 2213 companies for Net Current Asset Value. This places Hong Wei Electrical Industry Co in the lower half of its industry. The industry median Net Current Asset Value is 4.99. Historically, Hong Wei Electrical Industry Co's own Net Current Asset Value has ranged from 3.31 to 12.18 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 4.99, 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 Hong Wei Electrical Industry Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Wei Electrical Industry Co's current Net Current Asset Value is NT$21.51, which is 342% above median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Wei Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co (ROCO:4565) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.94, compared to a current price of NT$124.50 — trading 20.9% above its estimated fair value. The current Net Current Asset Value is NT$21.51, which is 342% above median its 10-year median of 4.87. Hong Wei Electrical Industry Co's overall GF Score™ is 88/100 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 Hong Wei Electrical Industry Co (ROCO:4565), the current Net Current Asset Value is NT$21.51 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 Hong Wei Electrical Industry Co (ROCO:4565) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Wei Electrical Industry Co stock appears to be overvalued.
The current stock price of NT$124.50 is trading 20.9% above its estimated GF Value™ of NT$102.94.
GuruFocus considers Hong Wei Electrical Industry Co to be Modestly Overvalued.
Key valuation signals for ROCO:4565:
Net Current Asset Value: NT$21.51 (342% above median its 10-year median of 4.87)
GF Value™: NT$102.94 vs. price of NT$124.50 (20.9% above fair value)
No single metric tells the full story. See the ROCO:4565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Wei Electrical Industry Co Business Description
Hong Wei Electrical Industry Co Ltd is a Taiwan based company involved in manufacturing vertical vehicles. Its products include Freight Elevators like 2 Panels Center Opening Door, 2 Panels Side Opening Door, 3 Panels Side Opening Door, and 4 Panels Center Opening Door; Driving system; Special Elevator, Passenger Elevator, and Automatic Conveyor.
88GF Score
Get the complete analysis for ROCO:4565
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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