Perfect Medical Industry Co (ROCO:6543) Net Current Asset Value: NT$2.43 (As of Dec. 2025) — 59% Below 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:6543 Perfect Medical Industry Co Ltd ROCO:6543
70 GF Score
Price NT$18.20
GF Value NT$20.42
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Perfect Medical Industry Co Net Current Asset Value?

Perfect Medical Industry Co ROCO:6543 70 Net Current Asset Value is NT$2.43 as of Dec. 2025, which is 100% below its 10-year median of 5.96. GuruFocus rates ROCO:6543 with a GF Score™ of 70/100 and a GF Value™ of NT$20.42 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 566 Medical Devices & Instruments companies, Perfect Medical Industry Co ranks worse than 65.55% 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).

Perfect Medical Industry Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$2.43.

The historical rank and industry rank for Perfect Medical Industry Co's Net Current Asset Value or its related term are showing as below:

ROCO:6543' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.93   Med: 5.96   Max: 13.7
Current: 7.49

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Perfect Medical Industry Co was 13.70. The lowest was 3.93. And the median was 5.96.

ROCO:6543's Price-to-Net-Current-Asset-Value is ranked worse than
65.55% of 566 companies
in the Medical Devices & Instruments industry
Industry Median: 4.84 vs ROCO:6543: 7.49

Perfect Medical Industry Co  (ROCO:6543) 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.


Perfect Medical Industry Co Net Current Asset Value Related Terms


Perfect Medical Industry Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Perfect Medical Industry 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.

Perfect Medical Industry Co Net Current Asset Value Chart

Perfect Medical Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only 1.33 2.77 3.27 4.70 2.43

Perfect Medical Industry Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 3.27 5.13 4.70 3.29 2.43

ROCO:6543 vs ISRG, BDX, MDLN: Net Current Asset Value Comparison

For the Medical Instruments & Supplies subindustry, Perfect Medical Industry 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.


Perfect Medical Industry Co Price-to-Net-Current-Asset-Value vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Perfect Medical Industry Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Perfect Medical Industry Co's Price-to-Net-Current-Asset-Value falls into.


ROCO:6543
70GF Score
Perfect Medical Industry Co Ltd ROCO:6543
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perfect Medical Industry Co Net Current Asset Value Calculation

Perfect Medical Industry 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)
=(658.944-520.948-0-0)/56.750
=2.43

Perfect Medical Industry 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)
=(658.944-520.948-0-0)/56.750
=2.43

* 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$2.43 mean?
Perfect Medical Industry Co (ROCO:6543) has a Net Current Asset Value of NT$2.43 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 Perfect Medical Industry Co and its competitors. This is 59% below median its historical median of 5.96. Over the past decade, Perfect Medical Industry Co's Net Current Asset Value has ranged from 3.93 to 13.70. According to the industry distribution chart, Perfect Medical Industry Co ranks #371 out of 566 companies in the Medical Devices & Instruments industry, placing it in the top 65.5%.
Is Perfect Medical Industry Co's Net Current Asset Value too high?
Perfect Medical Industry Co's current Net Current Asset Value of NT$2.43 is 59% below median its 10-year median of 5.96. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 13.70. Based on the distribution chart, Perfect Medical Industry Co ranks #371 out of 566 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Perfect Medical Industry Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perfect Medical Industry Co's Net Current Asset Value compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Perfect Medical Industry Co ranks #371 out of 566 companies for Net Current Asset Value. This places Perfect Medical Industry Co in the lower half of its industry. The industry median Net Current Asset Value is 4.84. Historically, Perfect Medical Industry Co's own Net Current Asset Value has ranged from 3.93 to 13.70 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 Medical Devices & Instruments company?
The median Net Current Asset Value among Medical Devices & Instruments companies is 4.84, based on 566 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 Perfect Medical Industry Co and its competitors. For the Medical Devices & Instruments industry, the median Net Current Asset Value is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perfect Medical Industry Co's current Net Current Asset Value is NT$2.43, which is 59% below median its own 10-year median of 5.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perfect Medical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Perfect Medical Industry Co (ROCO:6543) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.42, compared to a current price of NT$18.20 — trading 10.9% below its estimated fair value. The current Net Current Asset Value is NT$2.43, which is 59% below median its 10-year median of 5.96. Perfect Medical Industry Co's overall GF Score™ is 70/100 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 Perfect Medical Industry Co (ROCO:6543), the current Net Current Asset Value is NT$2.43 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 Perfect Medical Industry Co (ROCO:6543) Overvalued in 2026?

Based on GuruFocus' analysis, Perfect Medical Industry Co stock appears to be undervalued. The current stock price of NT$18.20 is trading 10.9% below its estimated GF Value™ of NT$20.42. GuruFocus considers Perfect Medical Industry Co to be Modestly Undervalued.

Key valuation signals for ROCO:6543:

  • Net Current Asset Value: NT$2.43 (59% below median its 10-year median of 5.96)
  • GF Value™: NT$20.42 vs. price of NT$18.20 (10.9% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the ROCO:6543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perfect Medical Industry Co Business Description

Address No. 100, Xingong 1st Road, Beidou Township, Changhua County, Changhua, TWN, 521051
Perfect Medical Industry Co Ltd is engaged in the manufacturing, processing, and trading of medical devices such as medical syringes and blood transfusion equipment. The company's product offerings include syringes, hemodialysis circuits, infusion sets, blood transfusion sets, precision infusion sets, safety syringes, dialysis fistula needles, scalp vein needles, blood glucose injectors, blood collection devices, extension tubes, and medical masks. It also provides OEM customization services. Geographically, the company derives the maximum revenue from Taiwan, followed by Singapore, Malaysia, Vietnam, and other regions.
70GF Score

Get the complete analysis for ROCO:6543

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

NT$18.20
Price
NT$20.42
GF Value