Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Brightek Optoelectronic CoTPE:5244 -5.89%83 Net Current Asset Value is NT$9.85 as of Dec. 2025, which is 100% below its 10-year median of 2.99. GuruFocus rates TPE:5244 with a GF Score™ of 83/100 and a GF Value™ of NT$41.43 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,846 Hardware companies, Brightek Optoelectronic Co ranks better than 66.03% 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).
Brightek Optoelectronic Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$9.85.
The historical rank and industry rank for Brightek Optoelectronic Co's Net Current Asset Value or its related term are showing as below:
TPE:5244'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.55 Med: 2.99 Max: 4.42
Current: 3.16
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Brightek Optoelectronic Co was 4.42. The lowest was 1.55. And the median was 2.99.
TPE:5244's Price-to-Net-Current-Asset-Value is ranked better than 66.03% of 1846
companies
in the Hardware industry
Industry Median: 5.03
vs TPE:5244: 3.16
Brightek Optoelectronic Co (TPE:5244) 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.
Brightek Optoelectronic Co Net Current Asset Value Related Terms
Brightek Optoelectronic 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.
Brightek Optoelectronic Co Net Current Asset Value Chart
TPE:5244 vs APH, GLW: Net Current Asset Value Comparison
For the Electronic Components subindustry, Brightek Optoelectronic 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.
Brightek Optoelectronic Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Brightek Optoelectronic Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Brightek Optoelectronic 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$9.85 mean?
Brightek Optoelectronic Co (TPE:5244) has a Net Current Asset Value of NT$9.85 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 Brightek Optoelectronic Co and its competitors. This is 229% above median its historical median of 2.99. Over the past decade, Brightek Optoelectronic Co's Net Current Asset Value has ranged from 1.55 to 4.42. According to the industry distribution chart, Brightek Optoelectronic Co ranks #627 out of 1846 companies in the Hardware industry, placing it in the top 34%.
Is Brightek Optoelectronic Co's Net Current Asset Value too high?
Brightek Optoelectronic Co's current Net Current Asset Value of NT$9.85 is 229% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 4.42. Based on the distribution chart, Brightek Optoelectronic Co ranks #627 out of 1846 companies in the Hardware industry, which is above the industry midpoint. Overall, Brightek Optoelectronic Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brightek Optoelectronic Co's Net Current Asset Value compare to APH and GLW?
According to the Hardware industry distribution chart, Brightek Optoelectronic Co ranks #627 out of 1846 companies for Net Current Asset Value. This puts Brightek Optoelectronic Co in the upper half of its industry. The industry median Net Current Asset Value is 5.03. Historically, Brightek Optoelectronic Co's own Net Current Asset Value has ranged from 1.55 to 4.42 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 5.03, based on 1,846 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 Brightek Optoelectronic Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brightek Optoelectronic Co's current Net Current Asset Value is NT$9.85, which is 229% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightek Optoelectronic Co stock overvalued right now?
Based on GuruFocus' analysis, Brightek Optoelectronic Co (TPE:5244) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$41.43, compared to a current price of NT$31.15 — trading 24.8% below its estimated fair value. The current Net Current Asset Value is NT$9.85, which is 229% above median its 10-year median of 2.99. Brightek Optoelectronic Co's overall GF Score™ is 83/100 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 Brightek Optoelectronic Co (TPE:5244), the current Net Current Asset Value is NT$9.85 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 Brightek Optoelectronic Co (TPE:5244) Overvalued in 2026?
Based on GuruFocus' analysis, Brightek Optoelectronic Co stock appears to be undervalued.
The current stock price of NT$31.15 is trading 24.8% below its estimated GF Value™ of NT$41.43.
GuruFocus considers Brightek Optoelectronic Co to be Modestly Undervalued.
Key valuation signals for TPE:5244:
Net Current Asset Value: NT$9.85 (229% above median its 10-year median of 2.99)
GF Value™: NT$41.43 vs. price of NT$31.15 (24.8% below fair value)
No single metric tells the full story. See the TPE:5244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brightek Optoelectronic Co Ltd is a Taiwan-based company principally engaged in the manufacturing and trading of optoelectronic components and LED solutions. Its products include LED modules, SMD LEDs, infrared LEDs, automotive LEDs, high-power LEDs, RGB LEDs, ICLEDs, optical sensors, and smart lighting solutions used in automotive, consumer electronics, sensing, and intelligent illumination applications. The company operates geographically across Asia, America, Europe, and other regions, with the majority of its revenue derived from Asia.
83GF Score
Get the complete analysis for TPE:5244
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:5244 has been successfully added to your 
