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Taho PharmaceuticalsROCO:6467 +6.25%33 Net Current Asset Value is NT$6.91 as of Dec. 2025, which is 100% below its 10-year median of 5.00. GuruFocus rates ROCO:6467 with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 607 Drug Manufacturers companies, Taho Pharmaceuticals ranks worse than 80.4% 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).
Taho Pharmaceuticals's net current asset value per share for the quarter that ended in Dec. 2025 was NT$6.91.
The historical rank and industry rank for Taho Pharmaceuticals's Net Current Asset Value or its related term are showing as below:
ROCO:6467'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.62 Med: 5 Max: 16.28
Current: 15.99
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Taho Pharmaceuticals was 16.28. The lowest was 0.62. And the median was 5.00.
ROCO:6467's Price-to-Net-Current-Asset-Value is ranked worse than 80.4% of 607
companies
in the Drug Manufacturers industry
Industry Median: 5.71
vs ROCO:6467: 15.99
Taho Pharmaceuticals (ROCO:6467) 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.
Taho Pharmaceuticals Net Current Asset Value Related Terms
Taho Pharmaceuticals Net Current Asset Value Historical Data
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The historical data trend for Taho Pharmaceuticals'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.
Taho Pharmaceuticals Net Current Asset Value Chart
ROCO:6467 vs ZTS: Net Current Asset Value Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Taho Pharmaceuticals'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.
Taho Pharmaceuticals Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Taho Pharmaceuticals's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Taho Pharmaceuticals'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$6.91 mean?
Taho Pharmaceuticals (ROCO:6467) has a Net Current Asset Value of NT$6.91 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 Taho Pharmaceuticals and its competitors. This is 38% above median its historical median of 5.00. Over the past decade, Taho Pharmaceuticals' Net Current Asset Value has ranged from 0.62 to 16.28. According to the industry distribution chart, Taho Pharmaceuticals ranks #488 out of 607 companies in the Drug Manufacturers industry, placing it in the top 80.4%.
Is Taho Pharmaceuticals' Net Current Asset Value too high?
Taho Pharmaceuticals' current Net Current Asset Value of NT$6.91 is 38% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 16.28. Based on the distribution chart, Taho Pharmaceuticals ranks #488 out of 607 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Taho Pharmaceuticals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Taho Pharmaceuticals' Net Current Asset Value compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Taho Pharmaceuticals ranks #488 out of 607 companies for Net Current Asset Value. This places Taho Pharmaceuticals in the lower half of its industry. The industry median Net Current Asset Value is 5.71. Historically, Taho Pharmaceuticals' own Net Current Asset Value has ranged from 0.62 to 16.28 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 Drug Manufacturers company?
The median Net Current Asset Value among Drug Manufacturers companies is 5.71, based on 607 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 Taho Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taho Pharmaceuticals's current Net Current Asset Value is NT$6.91, which is 38% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taho Pharmaceuticals stock overvalued right now?
Taho Pharmaceuticals (ROCO:6467) has a current Net Current Asset Value of NT$6.91. The current Net Current Asset Value is NT$6.91, which is 38% above median its 10-year median of 5.00. Taho Pharmaceuticals' overall GF Score™ is 33/100 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 Taho Pharmaceuticals (ROCO:6467), the current Net Current Asset Value is NT$6.91 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.
Taho Pharmaceuticals Ltd is a Taiwan based company focused on identifying and developing new products that offer therapeutic options to patient populations that may be under served. It offers a transdermal delivery platform that allows the active ingredient to be absorbed by the skin and distributed through the bloodstream. Its transmucosal delivery system delivers the drug as a thin film, an evolution from tablets or capsules. The company is conducting research and development of multiple new drugs using two different drug delivery platform technologies: transdermal and transmucosal.
33GF Score
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