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China Wire & Cable CoTPE:1603 +1.89%84 Net Current Asset Value is NT$18.86 as of Dec. 2025, which is 100% below its 10-year median of 3.42. GuruFocus rates TPE:1603 with a GF Score™ of 84/100 and a GF Value™ of NT$49.59 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,846 Hardware companies, China Wire & Cable Co ranks better than 85.86% 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).
China Wire & Cable Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$18.86.
The historical rank and industry rank for China Wire & Cable Co's Net Current Asset Value or its related term are showing as below:
TPE:1603'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.55 Med: 3.42 Max: 11.53
Current: 1.57
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of China Wire & Cable Co was 11.53. The lowest was 1.55. And the median was 3.42.
TPE:1603's Price-to-Net-Current-Asset-Value is ranked better than 85.86% of 1846
companies
in the Hardware industry
Industry Median: 5.24
vs TPE:1603: 1.57
China Wire & Cable Co (TPE:1603) 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.
China Wire & Cable Co Net Current Asset Value Related Terms
China Wire & Cable Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for China Wire & Cable 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.
China Wire & Cable Co Net Current Asset Value Chart
TPE:1603 vs SNX, ARW, AVT: Net Current Asset Value Comparison
For the Electronics & Computer Distribution subindustry, China Wire & Cable 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.
China Wire & Cable Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, China Wire & Cable Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where China Wire & Cable 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$18.86 mean?
China Wire & Cable Co (TPE:1603) has a Net Current Asset Value of NT$18.86 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 China Wire & Cable Co and its competitors. This is 451% above median its historical median of 3.42. Over the past decade, China Wire & Cable Co's Net Current Asset Value has ranged from 1.55 to 11.53. According to the industry distribution chart, China Wire & Cable Co ranks #261 out of 1846 companies in the Hardware industry, placing it in the top 14.1%.
Is China Wire & Cable Co's Net Current Asset Value too high?
China Wire & Cable Co's current Net Current Asset Value of NT$18.86 is 451% above median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 11.53. Based on the distribution chart, China Wire & Cable Co ranks #261 out of 1846 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China Wire & Cable Co has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Wire & Cable Co's Net Current Asset Value compare to SNX and ARW?
According to the Hardware industry distribution chart, China Wire & Cable Co ranks #261 out of 1846 companies for Net Current Asset Value. This places China Wire & Cable Co in the top 14% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.24. Historically, China Wire & Cable Co's own Net Current Asset Value has ranged from 1.55 to 11.53 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 Hardware company?
The median Net Current Asset Value among Hardware companies is 5.24, based on 1,846 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 China Wire & Cable Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Wire & Cable Co's current Net Current Asset Value is NT$18.86, which is 451% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Wire & Cable Co stock overvalued right now?
Based on GuruFocus' analysis, China Wire & Cable Co (TPE:1603) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$49.59, compared to a current price of NT$29.70 — trading 40.1% below its estimated fair value. The current Net Current Asset Value is NT$18.86, which is 451% above median its 10-year median of 3.42. China Wire & Cable Co's overall GF Score™ is 84/100 with 2 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 China Wire & Cable Co (TPE:1603), the current Net Current Asset Value is NT$18.86 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 China Wire & Cable Co (TPE:1603) Overvalued in 2026?
Based on GuruFocus' analysis, China Wire & Cable Co stock appears to be undervalued.
The current stock price of NT$29.70 is trading 40.1% below its estimated GF Value™ of NT$49.59.
GuruFocus considers China Wire & Cable Co to be Significantly Undervalued.
Key valuation signals for TPE:1603:
Net Current Asset Value: NT$18.86 (451% above median its 10-year median of 3.42)
GF Value™: NT$49.59 vs. price of NT$29.70 (40.1% below fair value)
No single metric tells the full story. See the TPE:1603 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Wire & Cable Co Ltd manufactures and distributes wires and cables. The company is engaged in the production, sales, processing, and installation services of electric wires and cables, aluminum doors, windows, and various aluminum products, and the import and export of various products, and the construction, rental, and sale of buildings. The company has two reporting segments the Cable Division, the Door and Window Division, and Other operating segments. The company derives its maximum revenue from Cable Division segment.
84GF Score
Get the complete analysis for TPE:1603
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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