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Welltend TechnologyTPE:3021 -1.17%72 Net Current Asset Value is NT$8.77 as of Mar. 2026, which is 100% below its 10-year median of 2.07. GuruFocus rates TPE:3021 with a GF Score™ of 72/100 and a GF Value™ of NT$21.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,837 Hardware companies, Welltend Technology ranks better than 74.85% 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).
Welltend Technology's net current asset value per share for the quarter that ended in Mar. 2026 was NT$8.77.
The historical rank and industry rank for Welltend Technology's Net Current Asset Value or its related term are showing as below:
TPE:3021'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.49 Med: 2.07 Max: 3.99
Current: 2.4
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Welltend Technology was 3.99. The lowest was 1.49. And the median was 2.07.
TPE:3021's Price-to-Net-Current-Asset-Value is ranked better than 74.85% of 1837
companies
in the Hardware industry
Industry Median: 5.19
vs TPE:3021: 2.40
Welltend Technology (TPE:3021) 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.
Welltend Technology Net Current Asset Value Related Terms
Welltend Technology Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Welltend Technology'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:3021 vs DELL, ANET, SNDK: Net Current Asset Value Comparison
For the Computer Hardware subindustry, Welltend Technology'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.
Welltend Technology Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Welltend Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Welltend Technology'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$8.77 mean?
Welltend Technology (TPE:3021) has a Net Current Asset Value of NT$8.77 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 Welltend Technology and its competitors. This is 324% above median its historical median of 2.07. Over the past decade, Welltend Technology's Net Current Asset Value has ranged from 1.49 to 3.99. According to the industry distribution chart, Welltend Technology ranks #462 out of 1837 companies in the Hardware industry, placing it in the top 25.1%.
Is Welltend Technology's Net Current Asset Value too high?
Welltend Technology's current Net Current Asset Value of NT$8.77 is 324% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 3.99. Based on the distribution chart, Welltend Technology ranks #462 out of 1837 companies in the Hardware industry, which is above the industry midpoint. Overall, Welltend Technology has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Welltend Technology's Net Current Asset Value compare to DELL and ANET?
According to the Hardware industry distribution chart, Welltend Technology ranks #462 out of 1837 companies for Net Current Asset Value. This puts Welltend Technology in the upper half of its industry. The industry median Net Current Asset Value is 5.19. Historically, Welltend Technology's own Net Current Asset Value has ranged from 1.49 to 3.99 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 5.19, based on 1,837 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 Welltend Technology and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welltend Technology's current Net Current Asset Value is NT$8.77, which is 324% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welltend Technology stock overvalued right now?
Based on GuruFocus' analysis, Welltend Technology (TPE:3021) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.17, compared to a current price of NT$21.05 — trading 0.6% below its estimated fair value. The current Net Current Asset Value is NT$8.77, which is 324% above median its 10-year median of 2.07. Welltend Technology's overall GF Score™ is 72/100 with 4 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 Welltend Technology (TPE:3021), the current Net Current Asset Value is NT$8.77 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 Welltend Technology (TPE:3021) Overvalued in 2026?
Based on GuruFocus' analysis, Welltend Technology stock appears to be undervalued.
The current stock price of NT$21.05 is trading 0.6% below its estimated GF Value™ of NT$21.17.
GuruFocus considers Welltend Technology to be Fairly Valued.
Key valuation signals for TPE:3021:
Net Current Asset Value: NT$8.77 (324% above median its 10-year median of 2.07)
GF Value™: NT$21.17 vs. price of NT$21.05 (0.6% below fair value)
No single metric tells the full story. See the TPE:3021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welltend Technology Corp is engaged in manufacturing and selling electronic components and wire connectors, and providing information system integration and consulting services. Its product portfolio includes connectors, wires, and cable assemblies used in printers, copiers, USB cables, wire harnesses, automotive infotainment systems, and home appliances, among other products. The Group's system integration and consulting services business offers database prevention, database upgrade, server virtualization, BPM flow system, and other IT-related products and services. Its operating segments are: Wire and connectors, which generate maximum revenue, and Information services. Geographically, the Group derives maximum revenue from Taiwan, followed by Mainland China, Philippines, and Thailand.
72GF 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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