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 The Southern Rubber Industry JSC's Net Current Asset Value or its related term are showing as below:
STC:CSM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.42 Med: 4.3 Max: 754.36
Current: 2.49
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Southern Rubber Industry JSC was 754.36. The lowest was 2.42. And the median was 4.30.
STC:CSM's Price-to-Net-Current-Asset-Value is ranked better than 72.56% of 707
companies
in the Vehicles & Parts industry
Industry Median: 4.79
vs STC:CSM: 2.49
The Southern Rubber Industry JSC (STC:CSM) 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.
The Southern Rubber Industry JSC Net Current Asset Value Related Terms
The Southern Rubber Industry JSC 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.
The Southern Rubber Industry JSC Net Current Asset Value Chart
STC:CSM vs ORLY, AZO, GPC: Net Current Asset Value Comparison
For the Auto Parts subindustry, The Southern Rubber Industry JSC'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.
The Southern Rubber Industry JSC Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, The Southern Rubber Industry JSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where The Southern Rubber Industry JSC'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 ₫5,079.43 mean?
The Southern Rubber Industry JSC (STC:CSM) has a Net Current Asset Value of ₫5,079.43 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 The Southern Rubber Industry JSC and its competitors. This is 118026% above median its historical median of 4.30. Over the past decade, The Southern Rubber Industry JSC's Net Current Asset Value has ranged from 2.42 to 754.36. According to the industry distribution chart, The Southern Rubber Industry JSC ranks #194 out of 707 companies in the Vehicles & Parts industry, placing it in the top 27.4%.
Is The Southern Rubber Industry JSC's Net Current Asset Value too high?
The Southern Rubber Industry JSC's current Net Current Asset Value of ₫5,079.43 is 118026% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 754.36. Based on the distribution chart, The Southern Rubber Industry JSC ranks #194 out of 707 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, The Southern Rubber Industry JSC has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Southern Rubber Industry JSC's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, The Southern Rubber Industry JSC ranks #194 out of 707 companies for Net Current Asset Value. This puts The Southern Rubber Industry JSC in the upper half of its industry. The industry median Net Current Asset Value is 4.79. Historically, The Southern Rubber Industry JSC's own Net Current Asset Value has ranged from 2.42 to 754.36 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.79, based on 707 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 The Southern Rubber Industry JSC and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Southern Rubber Industry JSC's current Net Current Asset Value is ₫5,079.43, which is 118026% above median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Southern Rubber Industry JSC stock overvalued right now?
Based on GuruFocus' analysis, The Southern Rubber Industry JSC (STC:CSM) is currently considered Fairly Valued. The stock's GF Value™ is ₫12,389.12, compared to a current price of ₫12,650.00 — trading 2.1% above its estimated fair value. The current Net Current Asset Value is ₫5,079.43, which is 118026% above median its 10-year median of 4.30. The Southern Rubber Industry JSC's overall GF Score™ is 66/100 with 6 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 The Southern Rubber Industry JSC (STC:CSM), the current Net Current Asset Value is ₫5,079.43 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 The Southern Rubber Industry JSC (STC:CSM) Overvalued in 2026?
Based on GuruFocus' analysis, The Southern Rubber Industry JSC stock appears to be overvalued.
The current stock price of ₫12,650.00 is trading 2.1% above its estimated GF Value™ of ₫12,389.12.
GuruFocus considers The Southern Rubber Industry JSC to be Fairly Valued.
Key valuation signals for STC:CSM:
Net Current Asset Value: ₫5,079.43 (118026% above median its 10-year median of 4.30)
GF Value™: ₫12,389.12 vs. price of ₫12,650.00 (2.1% above fair value)
No single metric tells the full story. See the STC:CSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Southern Rubber Industry JSC Business Description
The Southern Rubber Industry JSC is a Vietnam-based manufacturer and seller of tires and tubes. The company offers trucks and light trucks tires and tubes, motorcycle tires and tubes, passenger car radial tires, bicycle tires and tubes, industrial tires and tubes, electric vehicle tires and tubes, specific tires and tubes, and other products. The organization has a business presence in Vietnam and other countries.
66GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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