Winston Medical Supply Co (ROCO:6817) Net Current Asset Value: NT$13.45 (As of Dec. 2025) — 96% Above Median

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ROCO:6817 Winston Medical Supply Co Ltd ROCO:6817
81 GF Score
Price NT$55.90
GF Value NT$102.93
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Winston Medical Supply Co Net Current Asset Value?

Winston Medical Supply Co ROCO:6817 -2.61% 81 Net Current Asset Value is NT$13.45 as of Dec. 2025, which is 100% below its 10-year median of 6.87. GuruFocus rates ROCO:6817 with a GF Score™ of 81/100 and a GF Value™ of NT$102.93 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 609 Drug Manufacturers companies, Winston Medical Supply Co ranks better than 60.76% 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).

Winston Medical Supply Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$13.45.

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

ROCO:6817' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.15   Med: 6.87   Max: 14.4
Current: 4.16

During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Winston Medical Supply Co was 14.40. The lowest was 4.15. And the median was 6.87.

ROCO:6817's Price-to-Net-Current-Asset-Value is ranked better than
60.76% of 609 companies
in the Drug Manufacturers industry
Industry Median: 5.7 vs ROCO:6817: 4.16

Winston Medical Supply Co  (ROCO:6817) 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.


Winston Medical Supply Co Net Current Asset Value Related Terms


Winston Medical Supply Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Winston Medical Supply 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.

Winston Medical Supply Co Net Current Asset Value Chart

Winston Medical Supply 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 5.21 8.62 12.27 13.61 13.45

Winston Medical Supply Co Semi-Annual Data
Dec17 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 12.27 9.43 13.61 10.68 13.45

ROCO:6817 vs ZTS, UTHR: Net Current Asset Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Winston Medical Supply 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.


Winston Medical Supply Co Price-to-Net-Current-Asset-Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Winston Medical Supply Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


ROCO:6817
81GF Score
Winston Medical Supply Co Ltd ROCO:6817
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winston Medical Supply Co Net Current Asset Value Calculation

Winston Medical Supply 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)
=(601.115-353.347-0-0)/18.417
=13.45

Winston Medical Supply 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)
=(601.115-353.347-0-0)/18.417
=13.45

* 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$13.45 mean?
Winston Medical Supply Co (ROCO:6817) has a Net Current Asset Value of NT$13.45 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 Winston Medical Supply Co and its competitors. This is 96% above median its historical median of 6.87. Over the past decade, Winston Medical Supply Co's Net Current Asset Value has ranged from 4.15 to 14.40. According to the industry distribution chart, Winston Medical Supply Co ranks #239 out of 609 companies in the Drug Manufacturers industry, placing it in the top 39.2%.
Is Winston Medical Supply Co's Net Current Asset Value too high?
Winston Medical Supply Co's current Net Current Asset Value of NT$13.45 is 96% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 14.40. Based on the distribution chart, Winston Medical Supply Co ranks #239 out of 609 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Winston Medical Supply Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Winston Medical Supply Co's Net Current Asset Value compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Winston Medical Supply Co ranks #239 out of 609 companies for Net Current Asset Value. This puts Winston Medical Supply Co in the upper half of its industry. The industry median Net Current Asset Value is 5.70. Historically, Winston Medical Supply Co's own Net Current Asset Value has ranged from 4.15 to 14.40 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 5.70, based on 609 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 Winston Medical Supply Co and its competitors. For the Drug Manufacturers industry, the median Net Current Asset Value is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winston Medical Supply Co's current Net Current Asset Value is NT$13.45, which is 96% above median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winston Medical Supply Co stock overvalued right now?
Based on GuruFocus' analysis, Winston Medical Supply Co (ROCO:6817) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$102.93, compared to a current price of NT$55.90 — trading 45.7% below its estimated fair value. The current Net Current Asset Value is NT$13.45, which is 96% above median its 10-year median of 6.87. Winston Medical Supply Co's overall GF Score™ is 81/100 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 Winston Medical Supply Co (ROCO:6817), the current Net Current Asset Value is NT$13.45 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 Winston Medical Supply Co (ROCO:6817) Overvalued in 2026?

Based on GuruFocus' analysis, Winston Medical Supply Co stock appears to be undervalued. The current stock price of NT$55.90 is trading 45.7% below its estimated GF Value™ of NT$102.93. GuruFocus considers Winston Medical Supply Co to be Significantly Undervalued.

Key valuation signals for ROCO:6817:

  • Net Current Asset Value: NT$13.45 (96% above median its 10-year median of 6.87)
  • GF Value™: NT$102.93 vs. price of NT$55.90 (45.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winston Medical Supply Co Business Description

Address 117 Renai Street, Yanzhouli, Yongkang District, Tainan, TWN, 710
Winston Medical Supply Co Ltd is a manufacturer of medical products. It produces sterile ophthalmic preparations, hormone preparations and healthy products.
81GF Score

Get the complete analysis for ROCO:6817

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

NT$55.90
Price
NT$102.93
GF Value