Shihlin Electric & EngineeringTPE:1503 83 Net Current Asset Value is NT$9.44 as of Dec. 2025, which is 100% below its 10-year median of 25.59. GuruFocus rates TPE:1503 with a GF Score™ of 83/100 and a GF Value™ of NT$200.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,215 Industrial Products companies, Shihlin Electric & Engineering ranks worse than 88.08% 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).
The historical rank and industry rank for Shihlin Electric & Engineering's Net Current Asset Value or its related term are showing as below:
TPE:1503'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.64 Med: 25.59 Max: 63.5
Current: 23.46
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shihlin Electric & Engineering was 63.50. The lowest was 17.64. And the median was 25.59.
TPE:1503's Price-to-Net-Current-Asset-Value is ranked worse than 88.08% of 2215
companies
in the Industrial Products industry
Industry Median: 5.14
vs TPE:1503: 23.46
Shihlin Electric & Engineering (TPE:1503) 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.
Shihlin Electric & Engineering Net Current Asset Value Related Terms
Shihlin Electric & Engineering Net Current Asset Value Historical Data
* 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.
Shihlin Electric & Engineering Net Current Asset Value Chart
TPE:1503 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.
Shihlin Electric & Engineering Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shihlin Electric & Engineering'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 NT$9.44 mean?
Shihlin Electric & Engineering (TPE:1503) has a Net Current Asset Value of NT$9.44 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 Shihlin Electric & Engineering and its competitors. This is 63% below median its historical median of 25.59. Over the past decade, Shihlin Electric & Engineering's Net Current Asset Value has ranged from 17.64 to 63.50. According to the industry distribution chart, Shihlin Electric & Engineering ranks #1951 out of 2215 companies in the Industrial Products industry, placing it in the top 88.1%.
Is Shihlin Electric & Engineering's Net Current Asset Value too high?
Shihlin Electric & Engineering's current Net Current Asset Value of NT$9.44 is 63% below median its 10-year median of 25.59. Over the past 10 years, this metric has ranged from a low of 17.64 to a high of 63.50. Based on the distribution chart, Shihlin Electric & Engineering ranks #1951 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shihlin Electric & Engineering has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #1951 out of 2215 companies for Net Current Asset Value. This places Shihlin Electric & Engineering in the lower half of its industry. The industry median Net Current Asset Value is 5.14. Historically, Shihlin Electric & Engineering's own Net Current Asset Value has ranged from 17.64 to 63.50 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.14, based on 2,215 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Net Current Asset Value is NT$9.44, which is 63% below median its own 10-year median of 25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$200.21, compared to a current price of NT$221.50 — trading 10.6% above its estimated fair value. The current Net Current Asset Value is NT$9.44, which is 63% below median its 10-year median of 25.59. Shihlin Electric & Engineering's overall GF Score™ is 83/100 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 Shihlin Electric & Engineering (TPE:1503), the current Net Current Asset Value is NT$9.44 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?
Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be overvalued.
The current stock price of NT$221.50 is trading 10.6% above its estimated GF Value™ of NT$200.21.
GuruFocus considers Shihlin Electric & Engineering to be Modestly Overvalued.
Key valuation signals for TPE:1503:
Net Current Asset Value: NT$9.44 (63% below median its 10-year median of 25.59)
GF Value™: NT$200.21 vs. price of NT$221.50 (10.6% above fair value)
No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shihlin Electric & Engineering Business Description
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
83GF Score
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