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Perfect Medical Industry Co (ROCO:6543) Net Current Asset Value : NT$4.78 (As of Dec. 2024)


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What is Perfect Medical Industry Co Net Current Asset Value?

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. 2024 was NT$4.78.

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: 5.83   Max: 13.72
Current: 6.35

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Perfect Medical Industry Co was 13.72. The lowest was 3.93. And the median was 5.83.

ROCO:6543's Price-to-Net-Current-Asset-Value is ranked worse than
57.9% of 582 companies
in the Medical Devices & Instruments industry
Industry Median: 4.945 vs ROCO:6543: 6.35

Perfect Medical Industry Co Net Current Asset Value Historical Data

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.

* Premium members only.

Perfect Medical Industry Co Net Current Asset Value Chart

Perfect Medical Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial 2.54 1.35 2.81 3.33 4.78

Perfect Medical Industry Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.81 2.41 3.33 5.21 4.78

Competitive Comparison of Perfect Medical Industry Co's Net Current Asset Value

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's Price-to-Net-Current-Asset-Value Distribution in the 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.


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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. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(562.623-310.891-0-0)/52.663
=4.78

Perfect Medical Industry Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(562.623-310.891-0-0)/52.663
=4.78

* 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  (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

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Perfect Medical Industry Co Business Description

Traded in Other Exchanges
N/A
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 Hemodialysis Blood Tubing Set, A.V. Fistula Needle Set, Medical Face Mask, Disposable Syringe, and Blood Transfusion Set, among others. Geographically, it derives its maximum revenue from Taiwan, followed by Singapore, Malaysia, Vietnam, and other regions.

Perfect Medical Industry Co Headlines

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