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G-Shank Enterprise Co (TPE:2476) Net Current Asset Value : NT$21.76 (As of Mar. 2025)


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What is G-Shank Enterprise Co Net Current Asset Value?

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).

G-Shank Enterprise Co's net current asset value per share for the quarter that ended in Mar. 2025 was NT$21.76.

The historical rank and industry rank for G-Shank Enterprise Co's Net Current Asset Value or its related term are showing as below:

TPE:2476' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.25   Med: 1.81   Max: 4.6
Current: 3.25

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of G-Shank Enterprise Co was 4.60. The lowest was 1.25. And the median was 1.81.

TPE:2476's Price-to-Net-Current-Asset-Value is ranked better than
65.26% of 2153 companies
in the Industrial Products industry
Industry Median: 4.85 vs TPE:2476: 3.25

G-Shank Enterprise Co Net Current Asset Value Historical Data

The historical data trend for G-Shank Enterprise 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.

* Premium members only.

G-Shank Enterprise Co Net Current Asset Value Chart

G-Shank Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.63 17.47 19.70 19.30 20.56

G-Shank Enterprise Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.78 24.02 20.15 20.56 21.76

Competitive Comparison of G-Shank Enterprise Co's Net Current Asset Value

For the Specialty Industrial Machinery subindustry, G-Shank Enterprise 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.


G-Shank Enterprise Co's Price-to-Net-Current-Asset-Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, G-Shank Enterprise Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where G-Shank Enterprise Co's Price-to-Net-Current-Asset-Value falls into.


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G-Shank Enterprise Co Net Current Asset Value Calculation

G-Shank Enterprise Co's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8367.513-3444.614-602.446-0)/210.096
=20.56

G-Shank Enterprise Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(8462.366-3251.557-622.549-0)/210.896
=21.76

* 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.


G-Shank Enterprise Co  (TPE:2476) 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 Graham’s 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.


G-Shank Enterprise Co Net Current Asset Value Related Terms

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G-Shank Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jiuzhou Road, Jiudou Li, Hsinwu District, Taoyuan, TWN
G-Shank Enterprise Co Ltd is a Taiwan-based company that engages in the production of molds, stamping parts, fixtures and tools, automatic machines and electrical appliances, and mechanical components. Its products include Stepping motors, Spindle motors, Molds, Punching items, Metal stamping tools, and Connectors. Its products are used in Automotive parts, Electronics components, Medical parts, Industrial parts, and others. Geographically the company caters its services to Taiwan, China, Indonesia, Mexico, Malaysia, Thailand, and Japan.

G-Shank Enterprise Co Headlines

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