Thu Dau Mot Water JSCSTC:TDM 68 Net Current Asset Value is ₫-2,189.67 as of Mar. 2026. GuruFocus rates STC:TDM with a GF Score™ of 68/100 and a GF Value™ of ₫35,307.89 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 90 Utilities - Regulated companies, Thu Dau Mot Water JSC ranks worse than 1111110% 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).
Thu Dau Mot Water JSC's net current asset value per share for the quarter that ended in Mar. 2026 was ₫-2,189.67.
The historical rank and industry rank for Thu Dau Mot Water JSC's Net Current Asset Value or its related term are showing as below:
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Thu Dau Mot Water JSC was 112.30. The lowest was 18.60. And the median was 36.04.
STC:TDM's Price-to-Net-Current-Asset-Value is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.05 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Thu Dau Mot Water JSC (STC:TDM) 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.
Thu Dau Mot Water JSC Net Current Asset Value Related Terms
Thu Dau Mot Water JSC Net Current Asset Value Historical Data
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The historical data trend for Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Net Current Asset Value Chart
STC:TDM vs AWK, WTRG, AWR: Net Current Asset Value Comparison
For the Utilities - Regulated Water subindustry, Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Price-to-Net-Current-Asset-Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Thu Dau Mot Water JSC's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Thu Dau Mot Water 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 ₫-2,189.67 mean?
Thu Dau Mot Water JSC (STC:TDM) has a Net Current Asset Value of ₫-2,189.67 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 Thu Dau Mot Water JSC and its competitors. Over the past decade, Thu Dau Mot Water JSC's Net Current Asset Value has ranged from 18.60 to 112.30. According to the industry distribution chart, Thu Dau Mot Water JSC ranks #999999 out of 90 companies in the Utilities - Regulated industry.
Is Thu Dau Mot Water JSC's Net Current Asset Value too high?
Thu Dau Mot Water JSC's current Net Current Asset Value is ₫-2,189.67. Over the past 10 years, this metric has ranged from a low of 18.60 to a high of 112.30. Based on the distribution chart, Thu Dau Mot Water JSC ranks #999999 out of 90 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Thu Dau Mot Water JSC has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thu Dau Mot Water JSC's Net Current Asset Value compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Thu Dau Mot Water JSC ranks #999999 out of 90 companies for Net Current Asset Value. This places Thu Dau Mot Water JSC in the lower half of its industry. The industry median Net Current Asset Value is 4.05. Historically, Thu Dau Mot Water JSC's own Net Current Asset Value has ranged from 18.60 to 112.30 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 Utilities - Regulated company?
The median Net Current Asset Value among Utilities - Regulated companies is 4.05, 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 Thu Dau Mot Water JSC and its competitors. For the Utilities - Regulated industry, the median Net Current Asset Value is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thu Dau Mot Water JSC's current Net Current Asset Value is ₫-2,189.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thu Dau Mot Water JSC stock overvalued right now?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC (STC:TDM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫35,307.89, compared to a current price of ₫60,500.00 — trading 71.3% above its estimated fair value. The current Net Current Asset Value is ₫-2,189.67. Thu Dau Mot Water JSC's overall GF Score™ is 68/100 with 12 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 Thu Dau Mot Water JSC (STC:TDM), the current Net Current Asset Value is ₫-2,189.67 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 Thu Dau Mot Water JSC (STC:TDM) Overvalued in 2026?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC stock appears to be overvalued.
The current stock price of ₫60,500.00 is trading 71.3% above its estimated GF Value™ of ₫35,307.89.
GuruFocus considers Thu Dau Mot Water JSC to be Significantly Overvalued.
Key valuation signals for STC:TDM:
Net Current Asset Value: ₫-2,189.67
GF Value™: ₫35,307.89 vs. price of ₫60,500.00 (71.3% above fair value)
No single metric tells the full story. See the STC:TDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thu Dau Mot Water JSC is engaged in exploiting, treating, producing and supplying treated water. It also carries out drainage and wastewater treatment, construction of public works, various types of buildings, and other civil engineering works, architectural and engineering consulting services, and rental of machinery, equipment and other tangible goods. Its activities are carried out in territory of Binh Duong province.
68GF Score
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