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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 Taiwan Green Environment Technology's Net Current Asset Value or its related term are showing as below:
ROCO:5205'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.72 Med: 17.31 Max: 50.68
Current: 7.52
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Taiwan Green Environment Technology was 50.68. The lowest was 5.72. And the median was 17.31.
ROCO:5205's Price-to-Net-Current-Asset-Value is ranked worse than 65.36% of 1758
companies
in the Software industry
Industry Median: 4.71
vs ROCO:5205: 7.52
Taiwan Green Environment Technology (ROCO:5205) 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.
Taiwan Green Environment Technology Net Current Asset Value Related Terms
Taiwan Green Environment Technology 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.
Taiwan Green Environment Technology Net Current Asset Value Chart
ROCO:5205 vs UBER, SHOP, CRM: Net Current Asset Value Comparison
For the Software - Application subindustry, Taiwan Green Environment Technology'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.
Taiwan Green Environment Technology Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, Taiwan Green Environment Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Taiwan Green Environment Technology'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$2.96 mean?
Taiwan Green Environment Technology (ROCO:5205) has a Net Current Asset Value of NT$2.96 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 Taiwan Green Environment Technology and its competitors. This is 83% below median its historical median of 17.31. Over the past decade, Taiwan Green Environment Technology's Net Current Asset Value has ranged from 5.72 to 50.68. According to the industry distribution chart, Taiwan Green Environment Technology ranks #1149 out of 1758 companies in the Software industry, placing it in the top 65.4%.
Is Taiwan Green Environment Technology's Net Current Asset Value too high?
Taiwan Green Environment Technology's current Net Current Asset Value of NT$2.96 is 83% below median its 10-year median of 17.31. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 50.68. Based on the distribution chart, Taiwan Green Environment Technology ranks #1149 out of 1758 companies in the Software industry, which is below the industry midpoint. Overall, Taiwan Green Environment Technology has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Green Environment Technology's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Taiwan Green Environment Technology ranks #1149 out of 1758 companies for Net Current Asset Value. This places Taiwan Green Environment Technology in the lower half of its industry. The industry median Net Current Asset Value is 4.71. Historically, Taiwan Green Environment Technology's own Net Current Asset Value has ranged from 5.72 to 50.68 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 Software company?
The median Net Current Asset Value among Software companies is 4.71, based on 1,758 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 Taiwan Green Environment Technology and its competitors. For the Software industry, the median Net Current Asset Value is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Green Environment Technology's current Net Current Asset Value is NT$2.96, which is 83% below median its own 10-year median of 17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Green Environment Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Green Environment Technology (ROCO:5205) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.59, compared to a current price of NT$22.25 — trading 22.2% below its estimated fair value. The current Net Current Asset Value is NT$2.96, which is 83% below median its 10-year median of 17.31. Taiwan Green Environment Technology's overall GF Score™ is 59/100 with 4 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 Taiwan Green Environment Technology (ROCO:5205), the current Net Current Asset Value is NT$2.96 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 Taiwan Green Environment Technology (ROCO:5205) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Green Environment Technology stock appears to be undervalued.
The current stock price of NT$22.25 is trading 22.2% below its estimated GF Value™ of NT$28.59.
GuruFocus considers Taiwan Green Environment Technology to be Modestly Undervalued.
Key valuation signals for ROCO:5205:
Net Current Asset Value: NT$2.96 (83% below median its 10-year median of 17.31)
GF Value™: NT$28.59 vs. price of NT$22.25 (22.2% below fair value)
No single metric tells the full story. See the ROCO:5205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Green Environment Technology Business Description
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.
59GF Score
Get the complete analysis for ROCO:5205
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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