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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).
SHSE:688682'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.42 Med: 7.53 Max: 13.19
Current: 8.36
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shanghai Hollywave Electronic System Co was 13.19. The lowest was 4.42. And the median was 7.53.
SHSE:688682's Price-to-Net-Current-Asset-Value is ranked worse than 64.59% of 1830
companies
in the Hardware industry
Industry Median: 5.315
vs SHSE:688682: 8.36
Shanghai Hollywave Electronic System Co (SHSE:688682) 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.
Shanghai Hollywave Electronic System Co Net Current Asset Value Related Terms
Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co Net Current Asset Value Chart
Shanghai Hollywave Electronic System Co Annual Data
SHSE:688682 vs CSCO, MSI, HPE: Net Current Asset Value Comparison
For the Communication Equipment subindustry, Shanghai Hollywave Electronic System 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.
Shanghai Hollywave Electronic System Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Shanghai Hollywave Electronic System Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shanghai Hollywave Electronic System 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 ¥3.70 mean?
Shanghai Hollywave Electronic System Co (SHSE:688682) has a Net Current Asset Value of ¥3.70 as of Jun. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Shanghai Hollywave Electronic System Co and its competitors. According to the industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1182 out of 1830 companies in the Hardware industry, placing it in the top 64.6%.
Is Shanghai Hollywave Electronic System Co's Net Current Asset Value too high?
Shanghai Hollywave Electronic System Co's current Net Current Asset Value is ¥3.70. Based on the distribution chart, Shanghai Hollywave Electronic System Co ranks #1182 out of 1830 companies in the Hardware industry, which is below the industry midpoint. Overall, Shanghai Hollywave Electronic System Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Hollywave Electronic System Co's Net Current Asset Value compare to CSCO and MSI?
According to the Hardware industry distribution chart, Shanghai Hollywave Electronic System Co ranks #1182 out of 1830 companies for Net Current Asset Value. This places Shanghai Hollywave Electronic System Co in the lower half of its industry. The industry median Net Current Asset Value is 5.32. 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 5.32, based on 1,830 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 Shanghai Hollywave Electronic System Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Hollywave Electronic System Co's current Net Current Asset Value is ¥3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Hollywave Electronic System Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co (SHSE:688682) is currently considered Fairly Valued. The stock's GF Value™ is ¥29.07, compared to a current price of ¥30.92 — trading 6.4% above its estimated fair value. The current Net Current Asset Value is ¥3.70. Shanghai Hollywave Electronic System Co's overall GF Score™ is 78/100 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 Shanghai Hollywave Electronic System Co (SHSE:688682), the current Net Current Asset Value is ¥3.70 as of Jun. 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 Shanghai Hollywave Electronic System Co (SHSE:688682) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Hollywave Electronic System Co stock appears to be overvalued.
The current stock price of ¥30.92 is trading 6.4% above its estimated GF Value™ of ¥29.07.
GuruFocus considers Shanghai Hollywave Electronic System Co to be Fairly Valued.
Key valuation signals for SHSE:688682:
Net Current Asset Value: ¥3.70
GF Value™: ¥29.07 vs. price of ¥30.92 (6.4% above fair value)
No single metric tells the full story. See the SHSE:688682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Hollywave Electronic System Co Ltd is engaged in providing systems, software and services for testing and simulation in the field of radar and wireless communications.
78GF Score
Get the complete analysis for SHSE:688682
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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