Teco Electric & Machinery CoTPE:1504 77 Net Current Asset Value is NT$2.78 as of Dec. 2025, which is 100% below its 10-year median of 19.70. GuruFocus rates TPE:1504 with a GF Score™ of 77/100 and a GF Value™ of NT$54.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,215 Industrial Products companies, Teco Electric & Machinery Co ranks worse than 88.53% 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).
Teco Electric & Machinery Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$2.78.
The historical rank and industry rank for Teco Electric & Machinery Co's Net Current Asset Value or its related term are showing as below:
TPE:1504'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 6.32 Med: 19.7 Max: 34.4
Current: 24.28
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Teco Electric & Machinery Co was 34.40. The lowest was 6.32. And the median was 19.70.
TPE:1504's Price-to-Net-Current-Asset-Value is ranked worse than 88.53% of 2215
companies
in the Industrial Products industry
Industry Median: 5.14
vs TPE:1504: 24.28
Teco Electric & Machinery Co (TPE:1504) 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.
Teco Electric & Machinery Co Net Current Asset Value Related Terms
Teco Electric & Machinery Co 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.
Teco Electric & Machinery Co Net Current Asset Value Chart
TPE:1504 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery Co'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.
Teco Electric & Machinery Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Teco Electric & Machinery Co'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$2.78 mean?
Teco Electric & Machinery Co (TPE:1504) has a Net Current Asset Value of NT$2.78 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 Teco Electric & Machinery Co and its competitors. This is 86% below median its historical median of 19.70. Over the past decade, Teco Electric & Machinery Co's Net Current Asset Value has ranged from 6.32 to 34.40. According to the industry distribution chart, Teco Electric & Machinery Co ranks #1961 out of 2215 companies in the Industrial Products industry, placing it in the top 88.5%.
Is Teco Electric & Machinery Co's Net Current Asset Value too high?
Teco Electric & Machinery Co's current Net Current Asset Value of NT$2.78 is 86% below median its 10-year median of 19.70. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 34.40. Based on the distribution chart, Teco Electric & Machinery Co ranks #1961 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Teco Electric & Machinery Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teco Electric & Machinery Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Teco Electric & Machinery Co ranks #1961 out of 2215 companies for Net Current Asset Value. This places Teco Electric & Machinery Co in the lower half of its industry. The industry median Net Current Asset Value is 5.14. Historically, Teco Electric & Machinery Co's own Net Current Asset Value has ranged from 6.32 to 34.40 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 Teco Electric & Machinery Co 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. Teco Electric & Machinery Co's current Net Current Asset Value is NT$2.78, which is 86% below median its own 10-year median of 19.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teco Electric & Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Teco Electric & Machinery Co (TPE:1504) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$54.36, compared to a current price of NT$67.50 — trading 24.2% above its estimated fair value. The current Net Current Asset Value is NT$2.78, which is 86% below median its 10-year median of 19.70. Teco Electric & Machinery Co's overall GF Score™ is 77/100 with 3 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 Teco Electric & Machinery Co (TPE:1504), the current Net Current Asset Value is NT$2.78 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 Teco Electric & Machinery Co (TPE:1504) Overvalued in 2026?
Based on GuruFocus' analysis, Teco Electric & Machinery Co stock appears to be overvalued.
The current stock price of NT$67.50 is trading 24.2% above its estimated GF Value™ of NT$54.36.
GuruFocus considers Teco Electric & Machinery Co to be Modestly Overvalued.
Key valuation signals for TPE:1504:
Net Current Asset Value: NT$2.78 (86% below median its 10-year median of 19.70)
GF Value™: NT$54.36 vs. price of NT$67.50 (24.2% above fair value)
No single metric tells the full story. See the TPE:1504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units, and electronic equipment products. The company's Heavy industrial products, the product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its revenue from Taiwan.
77GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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