Tradelink Electronic Commerce (STU:T2E) Net Current Asset Value: €0.05 (As of Dec. 2025) — 98% Below Median


STU:T2E Tradelink Electronic Commerce Ltd STU:T2E
57 GF Score
Price €0.02
GF Value €0.09
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is Tradelink Electronic Commerce Net Current Asset Value?

Tradelink Electronic Commerce STU:T2E 57 Net Current Asset Value is €0.05 as of Dec. 2025, which is 100% below its 10-year median of 2.40. GuruFocus rates STU:T2E with a GF Score™ of 57/100 and a GF Value™ of €0.09 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 1,757 Software companies, Tradelink Electronic Commerce ranks better than 74.05% 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).

Tradelink Electronic Commerce's net current asset value per share for the quarter that ended in Dec. 2025 was €0.05.

The historical rank and industry rank for Tradelink Electronic Commerce's Net Current Asset Value or its related term are showing as below:

STU:T2E' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.5   Med: 2.4   Max: 23
Current: 1.5

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tradelink Electronic Commerce was 23.00. The lowest was 1.50. And the median was 2.40.

STU:T2E's Price-to-Net-Current-Asset-Value is ranked better than
74.05% of 1757 companies
in the Software industry
Industry Median: 4.8 vs STU:T2E: 1.50

Tradelink Electronic Commerce  (STU:T2E) 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 Graham’s 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.


Tradelink Electronic Commerce Net Current Asset Value Related Terms


Tradelink Electronic Commerce Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce Net Current Asset Value Chart

Tradelink Electronic Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.05 0.05 0.05

Tradelink Electronic Commerce Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

STU:T2E vs UBER, SHOP, CRM: Net Current Asset Value Comparison

For the Software - Application subindustry, Tradelink Electronic Commerce'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.


Tradelink Electronic Commerce Price-to-Net-Current-Asset-Value vs Software Industry

For the Software industry and Technology sector, Tradelink Electronic Commerce's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Tradelink Electronic Commerce's Price-to-Net-Current-Asset-Value falls into.


STU:T2E
57GF Score
Tradelink Electronic Commerce Ltd STU:T2E
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tradelink Electronic Commerce Net Current Asset Value Calculation

Tradelink Electronic Commerce's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(54.686-17.122-0-0)/794.634
=0.05

Tradelink Electronic Commerce's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(54.686-17.122-0-0)/794.634
=0.05

* 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 €0.05 mean?
Tradelink Electronic Commerce (STU:T2E) has a Net Current Asset Value of €0.05 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 Tradelink Electronic Commerce and its competitors. This is 98% below median its historical median of 2.40. Over the past decade, Tradelink Electronic Commerce's Net Current Asset Value has ranged from 1.50 to 23.00. According to the industry distribution chart, Tradelink Electronic Commerce ranks #456 out of 1757 companies in the Software industry, placing it in the top 26%.
Is Tradelink Electronic Commerce's Net Current Asset Value too high?
Tradelink Electronic Commerce's current Net Current Asset Value of €0.05 is 98% below median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 23.00. Based on the distribution chart, Tradelink Electronic Commerce ranks #456 out of 1757 companies in the Software industry, which is above the industry midpoint. Overall, Tradelink Electronic Commerce has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradelink Electronic Commerce's Net Current Asset Value compare to UBER and SHOP?
According to the Software industry distribution chart, Tradelink Electronic Commerce ranks #456 out of 1757 companies for Net Current Asset Value. This puts Tradelink Electronic Commerce in the upper half of its industry. The industry median Net Current Asset Value is 4.80. Historically, Tradelink Electronic Commerce's own Net Current Asset Value has ranged from 1.50 to 23.00 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 Software company?
The median Net Current Asset Value among Software companies is 4.80, based on 1,757 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 Tradelink Electronic Commerce and its competitors. For the Software industry, the median Net Current Asset Value is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradelink Electronic Commerce's current Net Current Asset Value is €0.05, which is 98% below median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradelink Electronic Commerce stock overvalued right now?
Based on GuruFocus' analysis, Tradelink Electronic Commerce (STU:T2E) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.02 — trading 83.3% below its estimated fair value. The current Net Current Asset Value is €0.05, which is 98% below median its 10-year median of 2.40. Tradelink Electronic Commerce's overall GF Score™ is 57/100 with 8 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 Tradelink Electronic Commerce (STU:T2E), the current Net Current Asset Value is €0.05 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 Tradelink Electronic Commerce (STU:T2E) Overvalued in 2026?

Based on GuruFocus' analysis, Tradelink Electronic Commerce stock appears to be undervalued. The current stock price of €0.02 is trading 83.3% below its estimated GF Value™ of €0.09. GuruFocus considers Tradelink Electronic Commerce to be Significantly Undervalued.

Key valuation signals for STU:T2E:

  • Net Current Asset Value: €0.05 (98% below median its 10-year median of 2.40)
  • GF Value™: €0.09 vs. price of €0.02 (83.3% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the STU:T2E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradelink Electronic Commerce Business Description

Other Exchanges 00536:Hong Kong
Address 63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG
Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.
57GF Score

Get the complete analysis for STU:T2E

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.02
Price
€0.09
GF Value