Fukuta Electric & Machinery CoTPE:4590 -0.21%39 Net Current Asset Value is NT$5.61 as of Dec. 2025, which is 100% below its 10-year median of 33.31. GuruFocus rates TPE:4590 with a GF Score™ of 39/100. The stock has 9 warning signs investors should review. Among 2,215 Industrial Products companies, Fukuta Electric & Machinery Co ranks worse than 81.63% 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 Fukuta Electric & Machinery Co's Net Current Asset Value or its related term are showing as below:
TPE:4590'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 17.08 Med: 33.31 Max: 48.89
Current: 17.08
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fukuta Electric & Machinery Co was 48.89. The lowest was 17.08. And the median was 33.31.
TPE:4590's Price-to-Net-Current-Asset-Value is ranked worse than 81.63% of 2215
companies
in the Industrial Products industry
Industry Median: 5.53
vs TPE:4590: 17.08
Fukuta Electric & Machinery Co (TPE:4590) 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.
Fukuta Electric & Machinery Co Net Current Asset Value Related Terms
Fukuta Electric & Machinery Co 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.
Fukuta Electric & Machinery Co Net Current Asset Value Chart
TPE:4590 vs GEV, ETN, PH: Net Current Asset Value Comparison
For the Specialty Industrial Machinery subindustry, Fukuta Electric & Machinery 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.
Fukuta Electric & Machinery Co Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fukuta Electric & Machinery Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Fukuta Electric & Machinery 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$5.61 mean?
Fukuta Electric & Machinery Co (TPE:4590) has a Net Current Asset Value of NT$5.61 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 Fukuta Electric & Machinery Co and its competitors. This is 83% below median its historical median of 33.31. Over the past decade, Fukuta Electric & Machinery Co's Net Current Asset Value has ranged from 17.08 to 48.89. According to the industry distribution chart, Fukuta Electric & Machinery Co ranks #1808 out of 2215 companies in the Industrial Products industry, placing it in the top 81.6%.
Is Fukuta Electric & Machinery Co's Net Current Asset Value too high?
Fukuta Electric & Machinery Co's current Net Current Asset Value of NT$5.61 is 83% below median its 10-year median of 33.31. Over the past 10 years, this metric has ranged from a low of 17.08 to a high of 48.89. Based on the distribution chart, Fukuta Electric & Machinery Co ranks #1808 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fukuta Electric & Machinery Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Fukuta Electric & Machinery Co's Net Current Asset Value compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Fukuta Electric & Machinery Co ranks #1808 out of 2215 companies for Net Current Asset Value. This places Fukuta Electric & Machinery Co in the lower half of its industry. The industry median Net Current Asset Value is 5.53. Historically, Fukuta Electric & Machinery Co's own Net Current Asset Value has ranged from 17.08 to 48.89 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 Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.53, based on 2,215 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 Fukuta Electric & Machinery Co and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuta Electric & Machinery Co's current Net Current Asset Value is NT$5.61, which is 83% below median its own 10-year median of 33.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuta Electric & Machinery Co stock overvalued right now?
Fukuta Electric & Machinery Co (TPE:4590) has a current Net Current Asset Value of NT$5.61. The current Net Current Asset Value is NT$5.61, which is 83% below median its 10-year median of 33.31. Fukuta Electric & Machinery Co's overall GF Score™ is 39/100 with 9 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 Fukuta Electric & Machinery Co (TPE:4590), the current Net Current Asset Value is NT$5.61 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.
Fukuta Electric & Machinery Co Business Description
Fukuta Electric & Machinery Co Ltd is engaged in the research, development, design, manufacturing, and sale of various electric motors and power systems. Its products include AC three-phase induction motors (IEC), inverter motors, inverter duty motors, AC induction servo motors, synchronous motors, and others. The company operates in Taiwan, Japan, the USA, China, and other regions, with Japan generating the majority of its revenue.
39GF Score
Get the complete analysis for TPE:4590
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:4590 has been successfully added to your 
