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Allied IndustrialROCO:4702 +2.00%50 Net Current Asset Value is NT$5.93 as of Dec. 2025, which is 100% below its 10-year median of 4.73. GuruFocus rates ROCO:4702 with a GF Score™ of 50/100 and a GF Value™ of NT$2.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 944 Chemicals companies, Allied Industrial ranks better than 85.7% 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).
Allied Industrial's net current asset value per share for the quarter that ended in Dec. 2025 was NT$5.93.
The historical rank and industry rank for Allied Industrial's Net Current Asset Value or its related term are showing as below:
ROCO:4702'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.6 Med: 4.73 Max: 622.08
Current: 1.63
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Allied Industrial was 622.08. The lowest was 1.60. And the median was 4.73.
ROCO:4702's Price-to-Net-Current-Asset-Value is ranked better than 85.7% of 944
companies
in the Chemicals industry
Industry Median: 4.985
vs ROCO:4702: 1.63
Allied Industrial (ROCO:4702) 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.
Allied Industrial Net Current Asset Value Related Terms
Allied Industrial Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Allied Industrial'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:4702 vs LIN, SHW, ECL: Net Current Asset Value Comparison
For the Specialty Chemicals subindustry, Allied Industrial'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.
Allied Industrial Price-to-Net-Current-Asset-Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Allied Industrial's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Allied Industrial'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$5.93 mean?
Allied Industrial (ROCO:4702) has a Net Current Asset Value of NT$5.93 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 Allied Industrial and its competitors. This is 25% above median its historical median of 4.73. Over the past decade, Allied Industrial's Net Current Asset Value has ranged from 1.60 to 622.08. According to the industry distribution chart, Allied Industrial ranks #135 out of 944 companies in the Chemicals industry, placing it in the top 14.3%.
Is Allied Industrial's Net Current Asset Value too high?
Allied Industrial's current Net Current Asset Value of NT$5.93 is 25% above median its 10-year median of 4.73. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 622.08. Based on the distribution chart, Allied Industrial ranks #135 out of 944 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Industrial has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Industrial's Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, Allied Industrial ranks #135 out of 944 companies for Net Current Asset Value. This places Allied Industrial in the top 14% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.99. Historically, Allied Industrial's own Net Current Asset Value has ranged from 1.60 to 622.08 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 Chemicals company?
The median Net Current Asset Value among Chemicals companies is 4.99, based on 944 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 Allied Industrial and its competitors. For the Chemicals 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. Allied Industrial's current Net Current Asset Value is NT$5.93, which is 25% above median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Industrial stock overvalued right now?
Based on GuruFocus' analysis, Allied Industrial (ROCO:4702) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.44, compared to a current price of NT$9.69 — trading 297.1% above its estimated fair value. The current Net Current Asset Value is NT$5.93, which is 25% above median its 10-year median of 4.73. Allied Industrial's overall GF Score™ is 50/100 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 Allied Industrial (ROCO:4702), the current Net Current Asset Value is NT$5.93 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 Allied Industrial (ROCO:4702) Overvalued in 2026?
Based on GuruFocus' analysis, Allied Industrial stock appears to be overvalued.
The current stock price of NT$9.69 is trading 297.1% above its estimated GF Value™ of NT$2.44.
GuruFocus considers Allied Industrial to be Significantly Overvalued.
Key valuation signals for ROCO:4702:
Net Current Asset Value: NT$5.93 (25% above median its 10-year median of 4.73)
GF Value™: NT$2.44 vs. price of NT$9.69 (297.1% above fair value)
No single metric tells the full story. See the ROCO:4702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allied Industrial Corp Ltd is engaged in the trading of disperse dyes, automobiles, and commodities, and in the production and sale of cigarette filters, nylon fibers, and polyester fibers. It is also actively investing in new businesses, including mobile distribution, venture capital, and financial technology. The group has two reportable operating segments: Department A and Department B. Department A, which generates the majority of overall revenue, is engaged in the trading of chemical products, such as dyes, in Taiwan. Department B is engaged in the trading of various commodities, while other departments are engaged in strategic investments. Geographically, it operates in Taiwan and Asia, which generate the maximum revenue, as well as other regions.
50GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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