Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lung Hwa Electronics CoTPE:2424 -3.79%59 Net Current Asset Value is NT$0.88 as of Dec. 2025, which is 100% below its 10-year median of 5.98. GuruFocus rates TPE:2424 with a GF Score™ of 59/100 and a GF Value™ of NT$57.37 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,846 Hardware companies, Lung Hwa Electronics Co ranks worse than 72.43% 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).
Lung Hwa Electronics Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$0.88.
The historical rank and industry rank for Lung Hwa Electronics Co's Net Current Asset Value or its related term are showing as below:
TPE:2424'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.81 Med: 5.98 Max: 40.23
Current: 10.09
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Lung Hwa Electronics Co was 40.23. The lowest was 1.81. And the median was 5.98.
TPE:2424's Price-to-Net-Current-Asset-Value is ranked worse than 72.43% of 1846
companies
in the Hardware industry
Industry Median: 5.03
vs TPE:2424: 10.09
Lung Hwa Electronics Co (TPE:2424) 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.
Lung Hwa Electronics Co Net Current Asset Value Related Terms
Lung Hwa Electronics Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Lung Hwa Electronics 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.
Lung Hwa Electronics Co Net Current Asset Value Chart
TPE:2424 vs AAPL: Net Current Asset Value Comparison
For the Consumer Electronics subindustry, Lung Hwa Electronics 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.
Lung Hwa Electronics Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Lung Hwa Electronics Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Lung Hwa Electronics 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$0.88 mean?
Lung Hwa Electronics Co (TPE:2424) has a Net Current Asset Value of NT$0.88 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 Lung Hwa Electronics Co and its competitors. This is 85% below median its historical median of 5.98. Over the past decade, Lung Hwa Electronics Co's Net Current Asset Value has ranged from 1.81 to 40.23. According to the industry distribution chart, Lung Hwa Electronics Co ranks #1337 out of 1846 companies in the Hardware industry, placing it in the top 72.4%.
Is Lung Hwa Electronics Co's Net Current Asset Value too high?
Lung Hwa Electronics Co's current Net Current Asset Value of NT$0.88 is 85% below median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 40.23. Based on the distribution chart, Lung Hwa Electronics Co ranks #1337 out of 1846 companies in the Hardware industry, which is below the industry midpoint. Overall, Lung Hwa Electronics Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lung Hwa Electronics Co's Net Current Asset Value compare to AAPL?
According to the Hardware industry distribution chart, Lung Hwa Electronics Co ranks #1337 out of 1846 companies for Net Current Asset Value. This places Lung Hwa Electronics Co in the lower half of its industry. The industry median Net Current Asset Value is 5.03. Historically, Lung Hwa Electronics Co's own Net Current Asset Value has ranged from 1.81 to 40.23 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 5.03, 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 Lung Hwa Electronics Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Hwa Electronics Co's current Net Current Asset Value is NT$0.88, which is 85% below median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Hwa Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Hwa Electronics Co (TPE:2424) is currently considered Possible Value Trap. The stock's GF Value™ is NT$57.37, compared to a current price of NT$8.88 — trading 84.5% below its estimated fair value. The current Net Current Asset Value is NT$0.88, which is 85% below median its 10-year median of 5.98. Lung Hwa Electronics Co's overall GF Score™ is 59/100 with 1 warning sign 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 Lung Hwa Electronics Co (TPE:2424), the current Net Current Asset Value is NT$0.88 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 Lung Hwa Electronics Co (TPE:2424) Overvalued in 2026?
Based on GuruFocus' analysis, Lung Hwa Electronics Co stock appears to be undervalued.
The current stock price of NT$8.88 is trading 84.5% below its estimated GF Value™ of NT$57.37.
GuruFocus considers Lung Hwa Electronics Co to be Possible Value Trap.
Key valuation signals for TPE:2424:
Net Current Asset Value: NT$0.88 (85% below median its 10-year median of 5.98)
GF Value™: NT$57.37 vs. price of NT$8.88 (84.5% below fair value)
No single metric tells the full story. See the TPE:2424 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lung Hwa Electronics Co Ltd business items are the R&D, manufacturing and sales of smart home (portal security system), in-vehicle multimedia management system, fleet action control and management system, as well as industrial plant development, leasing and sales, maritime broadband data services, etc. The company's products are Maritime Network Architecture, 80cm KU-band maritime satellite antenna, 60cm Ku-band maritime satellite, L-Band Iridium Maritime Antenna, etc.
59GF Score
Get the complete analysis for TPE:2424
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2424 has been successfully added to your 
