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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.
Trek 2000 InternationalSGX:5AB +1.96%32 Net Current Asset Value is S$0.12 as of Dec. 2025, which is 100% below its 10-year median of 0.75. GuruFocus rates SGX:5AB with a GF Score™ of 32/100 and a GF Value™ of S$0.08 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,839 Hardware companies, Trek 2000 International ranks better than 76.67% 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).
Trek 2000 International's net current asset value per share for the quarter that ended in Dec. 2025 was S$0.12.
The historical rank and industry rank for Trek 2000 International's Net Current Asset Value or its related term are showing as below:
SGX:5AB'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.54 Med: 0.75 Max: 2.66
Current: 2.17
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Trek 2000 International was 2.66. The lowest was 0.54. And the median was 0.75.
SGX:5AB's Price-to-Net-Current-Asset-Value is ranked better than 76.67% of 1839
companies
in the Hardware industry
Industry Median: 4.84
vs SGX:5AB: 2.17
Trek 2000 International (SGX:5AB) 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.
Trek 2000 International Net Current Asset Value Related Terms
Trek 2000 International Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Trek 2000 International'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.
Trek 2000 International Net Current Asset Value Chart
SGX:5AB vs CSCO, MSI, HPE: Net Current Asset Value Comparison
For the Communication Equipment subindustry, Trek 2000 International'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.
Trek 2000 International Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Trek 2000 International's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Trek 2000 International'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 S$0.12 mean?
Trek 2000 International (SGX:5AB) has a Net Current Asset Value of S$0.12 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 Trek 2000 International and its competitors. This is 84% below median its historical median of 0.75. Over the past decade, Trek 2000 International's Net Current Asset Value has ranged from 0.54 to 2.66. According to the industry distribution chart, Trek 2000 International ranks #429 out of 1839 companies in the Hardware industry, placing it in the top 23.3%.
Is Trek 2000 International's Net Current Asset Value too high?
Trek 2000 International's current Net Current Asset Value of S$0.12 is 84% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.66. Based on the distribution chart, Trek 2000 International ranks #429 out of 1839 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Trek 2000 International has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trek 2000 International's Net Current Asset Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, Trek 2000 International ranks #429 out of 1839 companies for Net Current Asset Value. This places Trek 2000 International in the top 23% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.84. Historically, Trek 2000 International's own Net Current Asset Value has ranged from 0.54 to 2.66 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 4.84, based on 1,839 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 Trek 2000 International and its competitors. For the Hardware 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. Trek 2000 International's current Net Current Asset Value is S$0.12, which is 84% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trek 2000 International stock overvalued right now?
Based on GuruFocus' analysis, Trek 2000 International (SGX:5AB) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.26 — trading 225% above its estimated fair value. The current Net Current Asset Value is S$0.12, which is 84% below median its 10-year median of 0.75. Trek 2000 International's overall GF Score™ is 32/100 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 Trek 2000 International (SGX:5AB), the current Net Current Asset Value is S$0.12 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 Trek 2000 International (SGX:5AB) Overvalued in 2026?
Based on GuruFocus' analysis, Trek 2000 International stock appears to be overvalued.
The current stock price of S$0.26 is trading 225% above its estimated GF Value™ of S$0.08.
GuruFocus considers Trek 2000 International to be Significantly Overvalued.
Key valuation signals for SGX:5AB:
Net Current Asset Value: S$0.12 (84% below median its 10-year median of 0.75)
GF Value™: S$0.08 vs. price of S$0.26 (225% above fair value)
No single metric tells the full story. See the SGX:5AB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trek 2000 International Ltd is an investment holding company with ownership of a portfolio of intellectual property. Its segments include Customised solutions, Artificial intelligence of things, Artificial intelligence renewable energy solutions, and Corporate. The company's Interactive Consumer Solutions division is the key revenue generator. Its ICS solutions/products comprise Thumbdrive, Flucard, Security Solutions, and WiFi Memory Modules for embedded devices. It is focused on key markets like China/ Hong Kong and Taiwan, and Singapore, India, Malaysia, and Indonesia are its secondary markets.
32GF Score
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