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Hanpin Electron CoTPE:2488 +0.40%79 Net Current Asset Value is NT$22.58 as of Mar. 2026, which is 100% below its 10-year median of 2.05. GuruFocus rates TPE:2488 with a GF Score™ of 79/100 and a GF Value™ of NT$46.10 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,838 Hardware companies, Hanpin Electron Co ranks better than 76.28% 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).
Hanpin Electron Co's net current asset value per share for the quarter that ended in Mar. 2026 was NT$22.58.
The historical rank and industry rank for Hanpin Electron Co's Net Current Asset Value or its related term are showing as below:
TPE:2488'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.38 Med: 2.05 Max: 3.81
Current: 2.25
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hanpin Electron Co was 3.81. The lowest was 1.38. And the median was 2.05.
TPE:2488's Price-to-Net-Current-Asset-Value is ranked better than 76.28% of 1838
companies
in the Hardware industry
Industry Median: 5.06
vs TPE:2488: 2.25
Hanpin Electron Co (TPE:2488) 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.
Hanpin Electron Co Net Current Asset Value Related Terms
Hanpin Electron Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Hanpin Electron 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.
TPE:2488 vs AAPL: Net Current Asset Value Comparison
For the Consumer Electronics subindustry, Hanpin Electron 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.
Hanpin Electron Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Hanpin Electron Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hanpin Electron 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$22.58 mean?
Hanpin Electron Co (TPE:2488) has a Net Current Asset Value of NT$22.58 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hanpin Electron Co and its competitors. This is 1001% above median its historical median of 2.05. Over the past decade, Hanpin Electron Co's Net Current Asset Value has ranged from 1.38 to 3.81. According to the industry distribution chart, Hanpin Electron Co ranks #436 out of 1838 companies in the Hardware industry, placing it in the top 23.7%.
Is Hanpin Electron Co's Net Current Asset Value too high?
Hanpin Electron Co's current Net Current Asset Value of NT$22.58 is 1001% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 3.81. Based on the distribution chart, Hanpin Electron Co ranks #436 out of 1838 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Hanpin Electron Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hanpin Electron Co's Net Current Asset Value compare to AAPL?
According to the Hardware industry distribution chart, Hanpin Electron Co ranks #436 out of 1838 companies for Net Current Asset Value. This places Hanpin Electron Co in the top 24% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.06. Historically, Hanpin Electron Co's own Net Current Asset Value has ranged from 1.38 to 3.81 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 5.06, based on 1,838 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 Hanpin Electron Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanpin Electron Co's current Net Current Asset Value is NT$22.58, which is 1001% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanpin Electron Co stock overvalued right now?
Based on GuruFocus' analysis, Hanpin Electron Co (TPE:2488) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.10, compared to a current price of NT$50.80 — trading 10.2% above its estimated fair value. The current Net Current Asset Value is NT$22.58, which is 1001% above median its 10-year median of 2.05. Hanpin Electron Co's overall GF Score™ is 79/100 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 Hanpin Electron Co (TPE:2488), the current Net Current Asset Value is NT$22.58 as of Mar. 2026. 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 Hanpin Electron Co (TPE:2488) Overvalued in 2026?
Based on GuruFocus' analysis, Hanpin Electron Co stock appears to be overvalued.
The current stock price of NT$50.80 is trading 10.2% above its estimated GF Value™ of NT$46.10.
GuruFocus considers Hanpin Electron Co to be Fairly Valued.
Key valuation signals for TPE:2488:
Net Current Asset Value: NT$22.58 (1001% above median its 10-year median of 2.05)
GF Value™: NT$46.10 vs. price of NT$50.80 (10.2% above fair value)
No single metric tells the full story. See the TPE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanpin Electron Co Ltd is engaged in the manufacture of electronic appliances, lighting equipment, data storage and processing equipment, wireless communication machinery and electronic components, the provision of international trading, product design and information software services. It operates in two segments Audio and Construction segments. Audio segment is engaged in the manufacture of audio equipment used in consumer entertainment venues, studios, personal audiovisual entertainment, schools, conference rooms, theatres and large-scale concerts. Construction segment engages in the development, leasing and sales of residential buildings, commercial buildings and industrial factories, as well as real estate sales and leasing. Audio segment derives the majority of revenue.
79GF 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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