Sea Sonic Electronics Co (ROCO:6203) Net Current Asset Value: NT$32.53 (As of Dec. 2025) — 1427% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6203 Sea Sonic Electronics Co Ltd ROCO:6203
73 GF Score
Price NT$64.50
GF Value NT$90.20
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Sea Sonic Electronics Co Net Current Asset Value?

Sea Sonic Electronics Co ROCO:6203 -1.68% 73 Net Current Asset Value is NT$32.53 as of Dec. 2025, which is 100% below its 10-year median of 2.13. GuruFocus rates ROCO:6203 with a GF Score™ of 73/100 and a GF Value™ of NT$90.20 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,847 Hardware companies, Sea Sonic Electronics Co ranks better than 78.45% 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).

Sea Sonic Electronics Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$32.53.

The historical rank and industry rank for Sea Sonic Electronics Co's Net Current Asset Value or its related term are showing as below:

ROCO:6203' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.76   Med: 2.13   Max: 3.84
Current: 1.98

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sea Sonic Electronics Co was 3.84. The lowest was 1.76. And the median was 2.13.

ROCO:6203's Price-to-Net-Current-Asset-Value is ranked better than
78.45% of 1847 companies
in the Hardware industry
Industry Median: 4.94 vs ROCO:6203: 1.98

Sea Sonic Electronics Co  (ROCO:6203) 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 Graham’s 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.


Sea Sonic Electronics Co Net Current Asset Value Related Terms


Sea Sonic Electronics Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Sea Sonic Electronics Co'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.

Sea Sonic Electronics Co Net Current Asset Value Chart

Sea Sonic Electronics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.63 26.36 29.43 27.51 32.53

Sea Sonic Electronics Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.51 29.49 25.52 29.38 32.53

ROCO:6203 vs APH, GLW, TEL: Net Current Asset Value Comparison

For the Electronic Components subindustry, Sea Sonic Electronics 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.


Sea Sonic Electronics Co Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, Sea Sonic Electronics Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sea Sonic Electronics Co's Price-to-Net-Current-Asset-Value falls into.


ROCO:6203
73GF Score
Sea Sonic Electronics Co Ltd ROCO:6203
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea Sonic Electronics Co Net Current Asset Value Calculation

Sea Sonic Electronics Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3422.494-741.892-0-0)/82.401
=32.53

Sea Sonic Electronics Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3422.494-741.892-0-0)/82.401
=32.53

* 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$32.53 mean?
Sea Sonic Electronics Co (ROCO:6203) has a Net Current Asset Value of NT$32.53 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 Sea Sonic Electronics Co and its competitors. This is 1427% above median its historical median of 2.13. Over the past decade, Sea Sonic Electronics Co's Net Current Asset Value has ranged from 1.76 to 3.84. According to the industry distribution chart, Sea Sonic Electronics Co ranks #398 out of 1847 companies in the Hardware industry, placing it in the top 21.5%.
Is Sea Sonic Electronics Co's Net Current Asset Value too high?
Sea Sonic Electronics Co's current Net Current Asset Value of NT$32.53 is 1427% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 3.84. Based on the distribution chart, Sea Sonic Electronics Co ranks #398 out of 1847 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Sea Sonic Electronics Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea Sonic Electronics Co's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Sea Sonic Electronics Co ranks #398 out of 1847 companies for Net Current Asset Value. This places Sea Sonic Electronics Co in the top 22% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.94. Historically, Sea Sonic Electronics Co's own Net Current Asset Value has ranged from 1.76 to 3.84 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 4.94, based on 1,847 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 Sea Sonic Electronics Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea Sonic Electronics Co's current Net Current Asset Value is NT$32.53, which is 1427% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Sonic Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sea Sonic Electronics Co (ROCO:6203) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$90.20, compared to a current price of NT$64.50 — trading 28.5% below its estimated fair value. The current Net Current Asset Value is NT$32.53, which is 1427% above median its 10-year median of 2.13. Sea Sonic Electronics Co's overall GF Score™ is 73/100 with 2 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 Sea Sonic Electronics Co (ROCO:6203), the current Net Current Asset Value is NT$32.53 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 Sea Sonic Electronics Co (ROCO:6203) Overvalued in 2026?

Based on GuruFocus' analysis, Sea Sonic Electronics Co stock appears to be undervalued. The current stock price of NT$64.50 is trading 28.5% below its estimated GF Value™ of NT$90.20. GuruFocus considers Sea Sonic Electronics Co to be Modestly Undervalued.

Key valuation signals for ROCO:6203:

  • Net Current Asset Value: NT$32.53 (1427% above median its 10-year median of 2.13)
  • GF Value™: NT$90.20 vs. price of NT$64.50 (28.5% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea Sonic Electronics Co Business Description

Address Section 1, Neihu Road, 8th Floor, No. 19, Lane 360, Neihu District, Taipei, TWN
Sea Sonic Electronics Co Ltd researches, develops, produces, and sells power conversion products in Taiwan. The company's products include PC power supplies, IPC and server power supplies, adapters, etc. The company also exports its products to the United States, Europe, and Asia. Geographically, the firm generates the majority of its revenue from Asia.
73GF Score

Get the complete analysis for ROCO:6203

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$64.50
Price
NT$90.20
GF Value