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Yantai Eddie Precision Machinery CoSHSE:603638 -0.31%83 Net Current Asset Value is ¥0.55 as of Mar. 2026, which is 100% below its 10-year median of 35.99. GuruFocus rates SHSE:603638 with a GF Score™ of 83/100 and a GF Value™ of ¥25.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,221 Industrial Products companies, Yantai Eddie Precision Machinery Co ranks worse than 92.21% 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).
The historical rank and industry rank for Yantai Eddie Precision Machinery Co's Net Current Asset Value or its related term are showing as below:
SHSE:603638'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 13.64 Med: 35.99 Max: 134.3
Current: 35.56
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Yantai Eddie Precision Machinery Co was 134.30. The lowest was 13.64. And the median was 35.99.
SHSE:603638's Price-to-Net-Current-Asset-Value is ranked worse than 92.21% of 2221
companies
in the Industrial Products industry
Industry Median: 5.3
vs SHSE:603638: 35.56
Yantai Eddie Precision Machinery Co (SHSE:603638) 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.
Yantai Eddie Precision Machinery Co Net Current Asset Value Related Terms
Yantai Eddie Precision Machinery Co Net Current Asset Value Historical Data
* 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.
Yantai Eddie Precision Machinery Co Net Current Asset Value Chart
SHSE:603638 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Yantai Eddie Precision Machinery 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.
Yantai Eddie Precision Machinery Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Yantai Eddie Precision Machinery Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Yantai Eddie Precision Machinery Co'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 ¥0.55 mean?
Yantai Eddie Precision Machinery Co (SHSE:603638) has a Net Current Asset Value of ¥0.55 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Yantai Eddie Precision Machinery Co and its competitors. This is 98% below median its historical median of 35.99. Over the past decade, Yantai Eddie Precision Machinery Co's Net Current Asset Value has ranged from 13.64 to 134.30. According to the industry distribution chart, Yantai Eddie Precision Machinery Co ranks #2048 out of 2221 companies in the Industrial Products industry, placing it in the top 92.2%.
Is Yantai Eddie Precision Machinery Co's Net Current Asset Value too high?
Yantai Eddie Precision Machinery Co's current Net Current Asset Value of ¥0.55 is 98% below median its 10-year median of 35.99. Over the past 10 years, this metric has ranged from a low of 13.64 to a high of 134.30. Based on the distribution chart, Yantai Eddie Precision Machinery Co ranks #2048 out of 2221 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Yantai Eddie Precision Machinery 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 Yantai Eddie Precision Machinery Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Yantai Eddie Precision Machinery Co ranks #2048 out of 2221 companies for Net Current Asset Value. This places Yantai Eddie Precision Machinery Co in the lower half of its industry. The industry median Net Current Asset Value is 5.30. Historically, Yantai Eddie Precision Machinery Co's own Net Current Asset Value has ranged from 13.64 to 134.30 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 an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.30, based on 2,221 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 Yantai Eddie Precision Machinery Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yantai Eddie Precision Machinery Co's current Net Current Asset Value is ¥0.55, which is 98% below median its own 10-year median of 35.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yantai Eddie Precision Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Yantai Eddie Precision Machinery Co (SHSE:603638) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥25.59, compared to a current price of ¥19.56 — trading 23.6% below its estimated fair value. The current Net Current Asset Value is ¥0.55, which is 98% below median its 10-year median of 35.99. Yantai Eddie Precision Machinery Co's overall GF Score™ is 83/100 with 5 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 Yantai Eddie Precision Machinery Co (SHSE:603638), the current Net Current Asset Value is ¥0.55 as of Mar. 2026. 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 Yantai Eddie Precision Machinery Co (SHSE:603638) Overvalued in 2026?
Based on GuruFocus' analysis, Yantai Eddie Precision Machinery Co stock appears to be undervalued.
The current stock price of ¥19.56 is trading 23.6% below its estimated GF Value™ of ¥25.59.
GuruFocus considers Yantai Eddie Precision Machinery Co to be Modestly Undervalued.
Key valuation signals for SHSE:603638:
Net Current Asset Value: ¥0.55 (98% below median its 10-year median of 35.99)
GF Value™: ¥25.59 vs. price of ¥19.56 (23.6% below fair value)
No single metric tells the full story. See the SHSE:603638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yantai Eddie Precision Machinery Co Ltd is a China based manufacturer of hydraulic breaker and related equipment. It develops, produces and sells hydraulic breaker, quick coupler, high-frequency vibration breaker, hydraulic shear, hydraulic crusher, stone grapple, log grapple and other attachments for construction machinery. The company sells its products in China, and also exports it to the various other countries.
83GF Score
Get the complete analysis for SHSE:603638
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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