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).
TechCreate Group's net current asset value per share for the quarter that ended in Dec. 2025 was $0.34.
The historical rank and industry rank for TechCreate Group's Net Current Asset Value or its related term are showing as below:
TCGLF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 15.29 Med: 15.29 Max: 508.35
Current: 229.71
During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of TechCreate Group was 508.35. The lowest was 15.29. And the median was 15.29.
TCGLF's Price-to-Net-Current-Asset-Value is not ranked
in the Software industry.
Industry Median: 4.77
vs TCGLF: 229.71
TechCreate Group (OTCPK:TCGLF) 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.
TechCreate Group Net Current Asset Value Related Terms
TechCreate Group Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for TechCreate Group'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.
TechCreate Group Net Current Asset Value Chart
TechCreate Group Annual Data
Trend
Dec23
Dec24
Dec25
Net Current Asset Value
0.01
0.03
0.34
TechCreate Group Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Net Current Asset Value
0.01
0.00
0.03
0.03
0.34
TCGLF vs ZETA, GTLB, DLO: Net Current Asset Value Comparison
For the Software - Infrastructure subindustry, TechCreate Group'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.
TechCreate Group Price-to-Net-Current-Asset-Value vs Software Industry
For the Software industry and Technology sector, TechCreate Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where TechCreate Group'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 $0.34 mean?
TechCreate Group (TCGLF) has a Net Current Asset Value of $0.34 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 TechCreate Group and its competitors. This is 98% below median its historical median of 15.29. Over the past decade, TechCreate Group's Net Current Asset Value has ranged from 15.29 to 508.35.
Is TechCreate Group's Net Current Asset Value too high?
TechCreate Group's current Net Current Asset Value of $0.34 is 98% below median its 10-year median of 15.29. Over the past 10 years, this metric has ranged from a low of 15.29 to a high of 508.35. The Software industry median Net Current Asset Value is 4.77. TechCreate Group's value of $0.34 is 92.9% below this industry median. Overall, TechCreate Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does TechCreate Group's Net Current Asset Value compare to ZETA and GTLB?
TechCreate Group's Net Current Asset Value of $0.34 can be compared against companies in the Software industry. The industry median Net Current Asset Value is 4.77. TechCreate Group's value of $0.34 is 92.9% below this benchmark. Historically, TechCreate Group's own Net Current Asset Value has ranged from 15.29 to 508.35 over the past decade. While the company's 10-year median is 15.29 vs. the industry median of 4.77, TechCreate Group has consistently been below the industry average. 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 4.77, based on 1,756 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. TechCreate Group's current Net Current Asset Value of $0.34 is 92.9% below the industry median. 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 TechCreate Group and its competitors. For the Software industry, the median Net Current Asset Value is 4.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TechCreate Group's current Net Current Asset Value is $0.34, which is 98% below median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TechCreate Group stock overvalued right now?
TechCreate Group (TCGLF) has a current Net Current Asset Value of $0.34. The current Net Current Asset Value is $0.34, which is 98% below median its 10-year median of 15.29 and 92.9% below the Software industry median of 4.77. TechCreate Group's overall GF Score™ is 19/100 with 5 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 TechCreate Group (TCGLF), the current Net Current Asset Value is $0.34 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.
TechCreate Group Ltd is a Singapore-based financial technology and digital solutions provider. Its principal business includes professional services, the sale of software and maintenance licenses, and the sale of hardware, with professional services as its core segment. Its services include technology consultancy, payment system engine solutions, cybersecurity, consulting, system integration, implementation, customization, training, technical support, security and compliance, project management, and maintenance, enabling the Group to design and implement IT infrastructure, payment, and digital solutions for corporate clients. The Group serves customers in Singapore and Southeast Asia, including Brunei and Cambodia, and generates the majority of its revenue from Cambodia.
19GF Score
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