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Chieftek Precision CoTPE:1597 +3.37%59 Net Current Asset Value is NT$2.01 as of Dec. 2025, which is 100% below its 10-year median of 21.95. GuruFocus rates TPE:1597 with a GF Score™ of 59/100 and a GF Value™ of NT$93.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,214 Industrial Products companies, Chieftek Precision Co ranks worse than 96.48% 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).
Chieftek Precision Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$2.01.
The historical rank and industry rank for Chieftek Precision Co's Net Current Asset Value or its related term are showing as below:
TPE:1597'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 5.39 Med: 21.95 Max: 69.88
Current: 68.66
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chieftek Precision Co was 69.88. The lowest was 5.39. And the median was 21.95.
TPE:1597's Price-to-Net-Current-Asset-Value is ranked worse than 96.48% of 2214
companies
in the Industrial Products industry
Industry Median: 5.175
vs TPE:1597: 68.66
Chieftek Precision Co (TPE:1597) 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.
Chieftek Precision Co Net Current Asset Value Related Terms
Chieftek Precision Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Chieftek Precision Co'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.
Chieftek Precision Co Net Current Asset Value Chart
TPE:1597 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Chieftek Precision 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.
Chieftek Precision Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chieftek Precision Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chieftek Precision 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$2.01 mean?
Chieftek Precision Co (TPE:1597) has a Net Current Asset Value of NT$2.01 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 Chieftek Precision Co and its competitors. This is 91% below median its historical median of 21.95. Over the past decade, Chieftek Precision Co's Net Current Asset Value has ranged from 5.39 to 69.88. According to the industry distribution chart, Chieftek Precision Co ranks #2136 out of 2214 companies in the Industrial Products industry, placing it in the top 96.5%.
Is Chieftek Precision Co's Net Current Asset Value too high?
Chieftek Precision Co's current Net Current Asset Value of NT$2.01 is 91% below median its 10-year median of 21.95. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 69.88. Based on the distribution chart, Chieftek Precision Co ranks #2136 out of 2214 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Chieftek Precision Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chieftek Precision Co's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Chieftek Precision Co ranks #2136 out of 2214 companies for Net Current Asset Value. This places Chieftek Precision Co in the lower half of its industry. The industry median Net Current Asset Value is 5.18. Historically, Chieftek Precision Co's own Net Current Asset Value has ranged from 5.39 to 69.88 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 5.18, based on 2,214 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 Chieftek Precision Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chieftek Precision Co's current Net Current Asset Value is NT$2.01, which is 91% below median its own 10-year median of 21.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chieftek Precision Co stock overvalued right now?
Based on GuruFocus' analysis, Chieftek Precision Co (TPE:1597) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.44, compared to a current price of NT$138.00 — trading 47.7% above its estimated fair value. The current Net Current Asset Value is NT$2.01, which is 91% below median its 10-year median of 21.95. Chieftek Precision Co's overall GF Score™ is 59/100 with 4 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 Chieftek Precision Co (TPE:1597), the current Net Current Asset Value is NT$2.01 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 Chieftek Precision Co (TPE:1597) Overvalued in 2026?
Based on GuruFocus' analysis, Chieftek Precision Co stock appears to be overvalued.
The current stock price of NT$138.00 is trading 47.7% above its estimated GF Value™ of NT$93.44.
GuruFocus considers Chieftek Precision Co to be Significantly Overvalued.
Key valuation signals for TPE:1597:
Net Current Asset Value: NT$2.01 (91% below median its 10-year median of 21.95)
GF Value™: NT$93.44 vs. price of NT$138.00 (47.7% above fair value)
No single metric tells the full story. See the TPE:1597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings. The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. The company is involved in the manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and others. Geographically the company operates in China, Germany, the USA, Taiwan, and other countries, out of which Germany derives the maximum revenue.
59GF Score
Get the complete analysis for TPE:1597
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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