Southern Hydropower JSCSTC:SHP 81 Net Current Asset Value is ₫2,968.59 as of Mar. 2026, which is 100% below its 10-year median of 42.48. GuruFocus rates STC:SHP with a GF Score™ of 81/100 and a GF Value™ of ₫35,616.02 (Fairly Valued). The stock has 1 warning sign investors should review. Among 90 Utilities - Regulated companies, Southern Hydropower JSC ranks worse than 82.22% 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).
Southern Hydropower JSC's net current asset value per share for the quarter that ended in Mar. 2026 was ₫2,968.59.
The historical rank and industry rank for Southern Hydropower JSC's Net Current Asset Value or its related term are showing as below:
STC:SHP'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.21 Med: 42.48 Max: 61458.33
Current: 11.08
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Southern Hydropower JSC was 61458.33. The lowest was 10.21. And the median was 42.48.
STC:SHP's Price-to-Net-Current-Asset-Value is ranked worse than 82.22% of 90
companies
in the Utilities - Regulated industry
Industry Median: 3.965
vs STC:SHP: 11.08
Southern Hydropower JSC (STC:SHP) 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.
Southern Hydropower JSC Net Current Asset Value Related Terms
Southern Hydropower JSC Net Current Asset Value Historical Data
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The historical data trend for Southern Hydropower JSC'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.
Southern Hydropower JSC Net Current Asset Value Chart
STC:SHP vs SRE: Net Current Asset Value Comparison
For the Utilities - Diversified subindustry, Southern Hydropower 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.
Southern Hydropower JSC Price-to-Net-Current-Asset-Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southern Hydropower JSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Southern Hydropower 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 ₫2,968.59 mean?
Southern Hydropower JSC (STC:SHP) has a Net Current Asset Value of ₫2,968.59 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 Southern Hydropower JSC and its competitors. This is 6888% above median its historical median of 42.48. Over the past decade, Southern Hydropower JSC's Net Current Asset Value has ranged from 10.21 to 61,458.33. According to the industry distribution chart, Southern Hydropower JSC ranks #74 out of 90 companies in the Utilities - Regulated industry, placing it in the top 82.2%.
Is Southern Hydropower JSC's Net Current Asset Value too high?
Southern Hydropower JSC's current Net Current Asset Value of ₫2,968.59 is 6888% above median its 10-year median of 42.48. Over the past 10 years, this metric has ranged from a low of 10.21 to a high of 61,458.33. Based on the distribution chart, Southern Hydropower JSC ranks #74 out of 90 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Southern Hydropower JSC has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Southern Hydropower JSC's Net Current Asset Value compare to SRE?
According to the Utilities - Regulated industry distribution chart, Southern Hydropower JSC ranks #74 out of 90 companies for Net Current Asset Value. This places Southern Hydropower JSC in the lower half of its industry. The industry median Net Current Asset Value is 3.97. Historically, Southern Hydropower JSC's own Net Current Asset Value has ranged from 10.21 to 61,458.33 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 Utilities - Regulated company?
The median Net Current Asset Value among Utilities - Regulated companies is 3.97, based on 90 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 Southern Hydropower JSC and its competitors. For the Utilities - Regulated industry, the median Net Current Asset Value is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Hydropower JSC's current Net Current Asset Value is ₫2,968.59, which is 6888% above median its own 10-year median of 42.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Hydropower JSC (STC:SHP) is currently considered Fairly Valued. The stock's GF Value™ is ₫35,616.02, compared to a current price of ₫32,900.00 — trading 7.6% below its estimated fair value. The current Net Current Asset Value is ₫2,968.59, which is 6888% above median its 10-year median of 42.48. Southern Hydropower JSC's overall GF Score™ is 81/100 with 1 warning sign 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 Southern Hydropower JSC (STC:SHP), the current Net Current Asset Value is ₫2,968.59 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 Southern Hydropower JSC (STC:SHP) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Hydropower JSC stock appears to be undervalued.
The current stock price of ₫32,900.00 is trading 7.6% below its estimated GF Value™ of ₫35,616.02.
GuruFocus considers Southern Hydropower JSC to be Fairly Valued.
Key valuation signals for STC:SHP:
Net Current Asset Value: ₫2,968.59 (6888% above median its 10-year median of 42.48)
GF Value™: ₫35,616.02 vs. price of ₫32,900.00 (7.6% below fair value)
No single metric tells the full story. See the STC:SHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Hydropower JSC is a Vietnam based company engaged in manufacturing, transmitting and distributing electricity, providing architectural and related technical consultancy services, installing water supply and drainage systems, fireplace and air-conditioner, installing power systems, installing industrial machinery and equipment, repairing electrical equipment, machinery and equipment, products made of pre-casted metal (not at the head office), providing vocational training services, trading electrical machinery and equipment, electrical materials and mechanical spare parts, exploiting stones, sands, gravels, clays, repairing electronic and optical devices. The company's hydropower plants are Da Siat, Da Dang 2 and Da M'bri.
81GF Score
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