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Pixon TechnologiesROCO:5248 +0.11%64 Net Current Asset Value is NT$2.93 as of Dec. 2025, which is 100% below its 10-year median of 2.80. GuruFocus rates ROCO:5248 with a GF Score™ of 64/100 and a GF Value™ of NT$27.67 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,846 Hardware companies, Pixon Technologies ranks worse than 80.99% 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).
Pixon Technologies's net current asset value per share for the quarter that ended in Dec. 2025 was NT$2.93.
The historical rank and industry rank for Pixon Technologies's Net Current Asset Value or its related term are showing as below:
ROCO:5248'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.96 Med: 2.8 Max: 16.14
Current: 15
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Pixon Technologies was 16.14. The lowest was 1.96. And the median was 2.80.
ROCO:5248's Price-to-Net-Current-Asset-Value is ranked worse than 80.99% of 1846
companies
in the Hardware industry
Industry Median: 5.075
vs ROCO:5248: 15.00
Pixon Technologies (ROCO:5248) 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.
Pixon Technologies Net Current Asset Value Related Terms
Pixon Technologies Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Pixon Technologies'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:5248 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, Pixon Technologies'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.
Pixon Technologies Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Pixon Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Pixon Technologies'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$2.93 mean?
Pixon Technologies (ROCO:5248) has a Net Current Asset Value of NT$2.93 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 Pixon Technologies and its competitors. This is near median its historical median of 2.80. Over the past decade, Pixon Technologies' Net Current Asset Value has ranged from 1.96 to 16.14. According to the industry distribution chart, Pixon Technologies ranks #1495 out of 1846 companies in the Hardware industry, placing it in the top 81%.
Is Pixon Technologies' Net Current Asset Value too high?
Pixon Technologies' current Net Current Asset Value of NT$2.93 is near median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 16.14. Based on the distribution chart, Pixon Technologies ranks #1495 out of 1846 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Pixon Technologies has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pixon Technologies' Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Pixon Technologies ranks #1495 out of 1846 companies for Net Current Asset Value. This places Pixon Technologies in the lower half of its industry. The industry median Net Current Asset Value is 5.08. Historically, Pixon Technologies' own Net Current Asset Value has ranged from 1.96 to 16.14 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.08, based on 1,846 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 Pixon Technologies and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pixon Technologies's current Net Current Asset Value is NT$2.93, which is near median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pixon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Pixon Technologies (ROCO:5248) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.67, compared to a current price of NT$43.95 — trading 58.8% above its estimated fair value. The current Net Current Asset Value is NT$2.93, which is near median its 10-year median of 2.80. Pixon Technologies' overall GF Score™ is 64/100 with 3 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 Pixon Technologies (ROCO:5248), the current Net Current Asset Value is NT$2.93 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 Pixon Technologies (ROCO:5248) Overvalued in 2026?
Based on GuruFocus' analysis, Pixon Technologies stock appears to be overvalued.
The current stock price of NT$43.95 is trading 58.8% above its estimated GF Value™ of NT$27.67.
GuruFocus considers Pixon Technologies to be Significantly Overvalued.
Key valuation signals for ROCO:5248:
Net Current Asset Value: NT$2.93 (near median its 10-year median of 2.80)
GF Value™: NT$27.67 vs. price of NT$43.95 (58.8% above fair value)
No single metric tells the full story. See the ROCO:5248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pixon Technologies Corp is a Taiwan based company operating in the imaging and optical component industry. Its designs and manufactures color CIS modules, imaging lens arrays, and linear illumination products. The products of the company include a linear light guide, CIS module, linear micro lens array, COB chip on board, and 3-in-1 module. The entity's product application provides document scanning and printing, fax, photocopiers, MFP multifunction printers, banknote counterfeit machines, lottery, electronic whiteboard, large format textile and paper printing and scanning, and other visual inspection.
64GF Score
Get the complete analysis for ROCO:5248
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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