Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
China Nonferrous MiningSTU:3N4 +14.39%61 Net Current Asset Value is €0.12 as of Dec. 2025, which is 100% below its 10-year median of 13.53. GuruFocus rates STU:3N4 with a GF Score™ of 61/100 and a GF Value™ of €0.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,351 Metals & Mining companies, China Nonferrous Mining ranks worse than 74.76% 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).
China Nonferrous Mining's net current asset value per share for the quarter that ended in Dec. 2025 was €0.12.
The historical rank and industry rank for China Nonferrous Mining's Net Current Asset Value or its related term are showing as below:
STU:3N4'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.59 Med: 13.53 Max: 16.55
Current: 12.58
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of China Nonferrous Mining was 16.55. The lowest was 5.59. And the median was 13.53.
STU:3N4's Price-to-Net-Current-Asset-Value is ranked worse than 74.76% of 1351
companies
in the Metals & Mining industry
Industry Median: 6.33
vs STU:3N4: 12.58
China Nonferrous Mining (STU:3N4) 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.
China Nonferrous Mining Net Current Asset Value Related Terms
China Nonferrous Mining Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for China Nonferrous Mining'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.
China Nonferrous Mining Net Current Asset Value Chart
STU:3N4 vs SCCO, FCX: Net Current Asset Value Comparison
For the Copper subindustry, China Nonferrous Mining'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.
China Nonferrous Mining Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, China Nonferrous Mining's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China Nonferrous Mining'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 €0.12 mean?
China Nonferrous Mining (STU:3N4) has a Net Current Asset Value of €0.12 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on China Nonferrous Mining and its competitors. This is 99% below median its historical median of 13.53. Over the past decade, China Nonferrous Mining's Net Current Asset Value has ranged from 5.59 to 16.55. According to the industry distribution chart, China Nonferrous Mining ranks #1010 out of 1351 companies in the Metals & Mining industry, placing it in the top 74.8%.
Is China Nonferrous Mining's Net Current Asset Value too high?
China Nonferrous Mining's current Net Current Asset Value of €0.12 is 99% below median its 10-year median of 13.53. Over the past 10 years, this metric has ranged from a low of 5.59 to a high of 16.55. Based on the distribution chart, China Nonferrous Mining ranks #1010 out of 1351 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, China Nonferrous Mining has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Nonferrous Mining's Net Current Asset Value compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, China Nonferrous Mining ranks #1010 out of 1351 companies for Net Current Asset Value. This places China Nonferrous Mining in the lower half of its industry. The industry median Net Current Asset Value is 6.33. Historically, China Nonferrous Mining's own Net Current Asset Value has ranged from 5.59 to 16.55 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 Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.33, based on 1,351 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 China Nonferrous Mining and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Nonferrous Mining's current Net Current Asset Value is €0.12, which is 99% below median its own 10-year median of 13.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Mining stock overvalued right now?
Based on GuruFocus' analysis, China Nonferrous Mining (STU:3N4) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.53, compared to a current price of €1.51 — trading 184.9% above its estimated fair value. The current Net Current Asset Value is €0.12, which is 99% below median its 10-year median of 13.53. China Nonferrous Mining's overall GF Score™ is 61/100 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 China Nonferrous Mining (STU:3N4), the current Net Current Asset Value is €0.12 as of Dec. 2025. 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 China Nonferrous Mining (STU:3N4) Overvalued in 2026?
Based on GuruFocus' analysis, China Nonferrous Mining stock appears to be overvalued.
The current stock price of €1.51 is trading 184.9% above its estimated GF Value™ of €0.53.
GuruFocus considers China Nonferrous Mining to be Significantly Overvalued.
Key valuation signals for STU:3N4:
Net Current Asset Value: €0.12 (99% below median its 10-year median of 13.53)
GF Value™: €0.53 vs. price of €1.51 (184.9% above fair value)
No single metric tells the full story. See the STU:3N4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Nonferrous Mining Corp Ltd is a Company with its subsidiaries are principally engaged in exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper and copper anodes, copper-cobalt alloy, cobaltous hydroxide and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
61GF Score
Get the complete analysis for STU:3N4
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:3N4 has been successfully added to your 
