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Evergreen Aviation TechnologiesTPE:2645 +0.41%66 Net Current Asset Value is NT$7.24 as of Dec. 2025, which is 100% below its 10-year median of 19.61. GuruFocus rates TPE:2645 with a GF Score™ of 66/100 and a GF Value™ of NT$139.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 197 Aerospace & Defense companies, Evergreen Aviation Technologies ranks worse than 86.29% 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).
The historical rank and industry rank for Evergreen Aviation Technologies's Net Current Asset Value or its related term are showing as below:
TPE:2645'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 18.03 Med: 19.61 Max: 34.74
Current: 33.43
During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Evergreen Aviation Technologies was 34.74. The lowest was 18.03. And the median was 19.61.
TPE:2645's Price-to-Net-Current-Asset-Value is ranked worse than 86.29% of 197
companies
in the Aerospace & Defense industry
Industry Median: 7.62
vs TPE:2645: 33.43
Evergreen Aviation Technologies (TPE:2645) 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.
Evergreen Aviation Technologies Net Current Asset Value Related Terms
Evergreen Aviation Technologies Net Current Asset Value Historical Data
* 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.
Evergreen Aviation Technologies Net Current Asset Value Chart
TPE:2645 vs SPCX, GE, RTX: Net Current Asset Value Comparison
For the Aerospace & Defense subindustry, Evergreen Aviation Technologies'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.
Evergreen Aviation Technologies Price-to-Net-Current-Asset-Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Evergreen Aviation Technologies'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$7.24 mean?
Evergreen Aviation Technologies (TPE:2645) has a Net Current Asset Value of NT$7.24 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 Evergreen Aviation Technologies and its competitors. This is 63% below median its historical median of 19.61. Over the past decade, Evergreen Aviation Technologies' Net Current Asset Value has ranged from 18.03 to 34.74. According to the industry distribution chart, Evergreen Aviation Technologies ranks #170 out of 197 companies in the Aerospace & Defense industry, placing it in the top 86.3%.
Is Evergreen Aviation Technologies' Net Current Asset Value too high?
Evergreen Aviation Technologies' current Net Current Asset Value of NT$7.24 is 63% below median its 10-year median of 19.61. Over the past 10 years, this metric has ranged from a low of 18.03 to a high of 34.74. Based on the distribution chart, Evergreen Aviation Technologies ranks #170 out of 197 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Evergreen Aviation Technologies has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' Net Current Asset Value compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Evergreen Aviation Technologies ranks #170 out of 197 companies for Net Current Asset Value. This places Evergreen Aviation Technologies in the lower half of its industry. The industry median Net Current Asset Value is 7.62. Historically, Evergreen Aviation Technologies' own Net Current Asset Value has ranged from 18.03 to 34.74 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 Aerospace & Defense company?
The median Net Current Asset Value among Aerospace & Defense companies is 7.62, based on 197 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 Evergreen Aviation Technologies and its competitors. For the Aerospace & Defense industry, the median Net Current Asset Value is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current Net Current Asset Value is NT$7.24, which is 63% below median its own 10-year median of 19.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$139.88, compared to a current price of NT$242.00 — trading 73% above its estimated fair value. The current Net Current Asset Value is NT$7.24, which is 63% below median its 10-year median of 19.61. Evergreen Aviation Technologies' overall GF Score™ is 66/100 with 6 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 Evergreen Aviation Technologies (TPE:2645), the current Net Current Asset Value is NT$7.24 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued.
The current stock price of NT$242.00 is trading 73% above its estimated GF Value™ of NT$139.88.
GuruFocus considers Evergreen Aviation Technologies to be Significantly Overvalued.
Key valuation signals for TPE:2645:
Net Current Asset Value: NT$7.24 (63% below median its 10-year median of 19.61)
GF Value™: NT$139.88 vs. price of NT$242.00 (73% above fair value)
No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Aviation Technologies Business Description
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
66GF Score
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