Bon Fame Co (ROCO:8433) Net Current Asset Value: NT$0.84 (As of Dec. 2025) — 95% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:8433 Bon Fame Co Ltd ROCO:8433
83 GF Score
Price NT$54.40
GF Value NT$75.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bon Fame Co Net Current Asset Value?

Bon Fame Co ROCO:8433 +1.12% 83 Net Current Asset Value is NT$0.84 as of Dec. 2025, which is 100% below its 10-year median of 15.93. GuruFocus rates ROCO:8433 with a GF Score™ of 83/100 and a GF Value™ of NT$75.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 559 Retail - Cyclical companies, Bon Fame Co ranks worse than 96.42% 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).

Bon Fame Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$0.84.

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

ROCO:8433' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.97   Med: 15.93   Max: 64.76
Current: 64.76

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bon Fame Co was 64.76. The lowest was 4.97. And the median was 15.93.

ROCO:8433's Price-to-Net-Current-Asset-Value is ranked worse than
96.42% of 559 companies
in the Retail - Cyclical industry
Industry Median: 3.13 vs ROCO:8433: 64.76

Bon Fame Co  (ROCO:8433) 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.


Bon Fame Co Net Current Asset Value Related Terms


Bon Fame Co Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Bon Fame 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.

Bon Fame Co Net Current Asset Value Chart

Bon Fame 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 -0.75 2.87 6.12 5.96 0.84

Bon Fame 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 5.96 -0.40 -2.81 -1.30 0.84

ROCO:8433 vs CASY, WSM, DKS: Net Current Asset Value Comparison

For the Specialty Retail subindustry, Bon Fame 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.


Bon Fame Co Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bon Fame Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

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


ROCO:8433
83GF Score
Bon Fame Co Ltd ROCO:8433
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bon Fame Co Net Current Asset Value Calculation

Bon Fame 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)
=(2454.915-2409.246-0-0)/54.506
=0.84

Bon Fame 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)
=(2454.915-2409.246-0-0)/54.506
=0.84

* 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$0.84 mean?
Bon Fame Co (ROCO:8433) has a Net Current Asset Value of NT$0.84 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 Bon Fame Co and its competitors. This is 95% below median its historical median of 15.93. Over the past decade, Bon Fame Co's Net Current Asset Value has ranged from 4.97 to 64.76. According to the industry distribution chart, Bon Fame Co ranks #539 out of 559 companies in the Retail - Cyclical industry, placing it in the top 96.4%.
Is Bon Fame Co's Net Current Asset Value too high?
Bon Fame Co's current Net Current Asset Value of NT$0.84 is 95% below median its 10-year median of 15.93. Over the past 10 years, this metric has ranged from a low of 4.97 to a high of 64.76. Based on the distribution chart, Bon Fame Co ranks #539 out of 559 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Bon Fame Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bon Fame Co's Net Current Asset Value compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Bon Fame Co ranks #539 out of 559 companies for Net Current Asset Value. This places Bon Fame Co in the lower half of its industry. The industry median Net Current Asset Value is 3.13. Historically, Bon Fame Co's own Net Current Asset Value has ranged from 4.97 to 64.76 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.13, based on 559 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 Bon Fame Co and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bon Fame Co's current Net Current Asset Value is NT$0.84, which is 95% below median its own 10-year median of 15.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bon Fame Co stock overvalued right now?
Based on GuruFocus' analysis, Bon Fame Co (ROCO:8433) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$75.00, compared to a current price of NT$54.40 — trading 27.5% below its estimated fair value. The current Net Current Asset Value is NT$0.84, which is 95% below median its 10-year median of 15.93. Bon Fame Co's overall GF Score™ is 83/100 with 7 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 Bon Fame Co (ROCO:8433), the current Net Current Asset Value is NT$0.84 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 Bon Fame Co (ROCO:8433) Overvalued in 2026?

Based on GuruFocus' analysis, Bon Fame Co stock appears to be undervalued. The current stock price of NT$54.40 is trading 27.5% below its estimated GF Value™ of NT$75.00. GuruFocus considers Bon Fame Co to be Modestly Undervalued.

Key valuation signals for ROCO:8433:

  • Net Current Asset Value: NT$0.84 (95% below median its 10-year median of 15.93)
  • GF Value™: NT$75.00 vs. price of NT$54.40 (27.5% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the ROCO:8433 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bon Fame Co Business Description

Address 5th Floor, No.17, Lane 360, Section 1, Neihu Road, Neihu District, Taipei, TWN, 114
Bon Fame Co Ltd is a Taiwan-based company engaged in the business of fashion hair accessories, hair brushes and combs, fashion costume jewellery, fashion cosmetic bags, and fashion handbags.
83GF Score

Get the complete analysis for ROCO:8433

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

NT$54.40
Price
NT$75.00
GF Value