Comba Telecom Systems Holdings (SGX:STC) Net Current Asset Value: S$0.07 (As of Dec. 2025) — 98% Below Median

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SGX:STC Comba Telecom Systems Holdings Ltd SGX:STC
45 GF Score
Price S$0.22
GF Value S$0.23
! 3 Warning Signs
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What is Comba Telecom Systems Holdings Net Current Asset Value?

Comba Telecom Systems Holdings SGX:STC 45 Net Current Asset Value is S$0.07 as of Dec. 2025, which is 100% below its 10-year median of 4.57. GuruFocus rates SGX:STC with a GF Score™ of 45/100 and a GF Value™ of S$0.23. The stock has 3 warning signs investors should review. Among 1,846 Hardware companies, Comba Telecom Systems Holdings ranks better than 79.41% 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).

Comba Telecom Systems Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was S$0.07.

The historical rank and industry rank for Comba Telecom Systems Holdings's Net Current Asset Value or its related term are showing as below:

SGX:STC' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.7   Med: 4.57   Max: 11.42
Current: 2

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Comba Telecom Systems Holdings was 11.42. The lowest was 1.70. And the median was 4.57.

SGX:STC's Price-to-Net-Current-Asset-Value is ranked better than
79.41% of 1846 companies
in the Hardware industry
Industry Median: 4.98 vs SGX:STC: 2.00

Comba Telecom Systems Holdings  (SGX:STC) 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.


Comba Telecom Systems Holdings Net Current Asset Value Related Terms


Comba Telecom Systems Holdings Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Comba Telecom Systems Holdings'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.

Comba Telecom Systems Holdings Net Current Asset Value Chart

Comba Telecom Systems Holdings 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 0.03 0.06 0.07 0.04 0.07

Comba Telecom Systems Holdings Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 0.07 0.07 0.04 0.07 0.07

SGX:STC vs CSCO, CIEN, MSI: Net Current Asset Value Comparison

For the Communication Equipment subindustry, Comba Telecom Systems Holdings'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.


Comba Telecom Systems Holdings Price-to-Net-Current-Asset-Value vs Hardware Industry

For the Hardware industry and Technology sector, Comba Telecom Systems Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Comba Telecom Systems Holdings's Price-to-Net-Current-Asset-Value falls into.


SGX:STC
45GF Score
Comba Telecom Systems Holdings Ltd SGX:STC
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comba Telecom Systems Holdings Net Current Asset Value Calculation

Comba Telecom Systems Holdings'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)
=(874.367-654.446-11.874-0)/3116.861
=0.07

Comba Telecom Systems Holdings'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)
=(874.367-654.446-11.874-0)/3116.861
=0.07

* 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$0.07 mean?
Comba Telecom Systems Holdings (SGX:STC) has a Net Current Asset Value of S$0.07 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 Comba Telecom Systems Holdings and its competitors. This is 98% below median its historical median of 4.57. Over the past decade, Comba Telecom Systems Holdings' Net Current Asset Value has ranged from 1.70 to 11.42. According to the industry distribution chart, Comba Telecom Systems Holdings ranks #380 out of 1846 companies in the Hardware industry, placing it in the top 20.6%.
Is Comba Telecom Systems Holdings' Net Current Asset Value too high?
Comba Telecom Systems Holdings' current Net Current Asset Value of S$0.07 is 98% below median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 11.42. Based on the distribution chart, Comba Telecom Systems Holdings ranks #380 out of 1846 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Comba Telecom Systems Holdings has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Comba Telecom Systems Holdings' Net Current Asset Value compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Comba Telecom Systems Holdings ranks #380 out of 1846 companies for Net Current Asset Value. This places Comba Telecom Systems Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.98. Historically, Comba Telecom Systems Holdings' own Net Current Asset Value has ranged from 1.70 to 11.42 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 4.98, based on 1,846 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 Comba Telecom Systems Holdings and its competitors. For the Hardware industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comba Telecom Systems Holdings's current Net Current Asset Value is S$0.07, which is 98% below median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comba Telecom Systems Holdings stock overvalued right now?
Comba Telecom Systems Holdings (SGX:STC) has a current Net Current Asset Value of S$0.07. The stock's GF Value™ is S$0.23, compared to a current price of S$0.22 — trading 4.3% below its estimated fair value. The current Net Current Asset Value is S$0.07, which is 98% below median its 10-year median of 4.57. Comba Telecom Systems Holdings' overall GF Score™ is 45/100 with 3 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 Comba Telecom Systems Holdings (SGX:STC), the current Net Current Asset Value is S$0.07 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 Comba Telecom Systems Holdings (SGX:STC) Overvalued in 2026?

Based on GuruFocus' analysis, Comba Telecom Systems Holdings stock appears to be undervalued. The current stock price of S$0.22 is trading 4.3% below its estimated GF Value™ of S$0.23.

Key valuation signals for SGX:STC:

  • Net Current Asset Value: S$0.07 (98% below median its 10-year median of 4.57)
  • GF Value™: S$0.23 vs. price of S$0.22 (4.3% below fair value)
  • GF Score™: 45/100 with 3 warning signs

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


Comba Telecom Systems Holdings Business Description

Address Hong Kong Science Park, Unit 611, Building 8W, Pak Shek Kok, New Territories, Hong Kong, HKG
Comba Telecom Systems Holdings Ltd is an investment holding company. It operates in two segments: Wireless telecommunications network system equipment & services, and Operator telecommunication services. Its solutions include Antenna Site, In-Vehicle Broadband, Indoor Coverage Enhancement, Large Venue Coverage, LTE Upgrade, Railway/Tunnel Coverage, Wireless Backhaul, and Small Cell. It serves various industries such as airports, Education, Government and Public, Hospitality, stadiums, Transportation, and others. The company generates maximum revenue from the Wireless telecommunications network system equipment & services segment. Its geographical segments are Mainland China, Other countries/areas in the Asia Pacific, Americas, European Union, Middle East, and Other countries.
45GF Score

Get the complete analysis for SGX:STC

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

S$0.22
Price
S$0.23
GF Value