Voltronic Power TechnologyTPE:6409 100 Net Current Asset Value is NT$61.79 as of Mar. 2026, which is 100% below its 10-year median of 33.00. GuruFocus rates TPE:6409 with a GF Score™ of 100/100 and a GF Value™ of NT$1,434.65 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,215 Industrial Products companies, Voltronic Power Technology ranks worse than 83.25% 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).
Voltronic Power Technology's net current asset value per share for the quarter that ended in Mar. 2026 was NT$61.79.
The historical rank and industry rank for Voltronic Power Technology's Net Current Asset Value or its related term are showing as below:
TPE:6409'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 10.06 Med: 33 Max: 184.55
Current: 17.88
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Voltronic Power Technology was 184.55. The lowest was 10.06. And the median was 33.00.
TPE:6409's Price-to-Net-Current-Asset-Value is ranked worse than 83.25% of 2215
companies
in the Industrial Products industry
Industry Median: 5.31
vs TPE:6409: 17.88
Voltronic Power Technology (TPE:6409) 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.
Voltronic Power Technology Net Current Asset Value Related Terms
Voltronic Power Technology 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.
Voltronic Power Technology Net Current Asset Value Chart
TPE:6409 vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Voltronic Power 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.
Voltronic Power Technology Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Voltronic Power 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$61.79 mean?
Voltronic Power Technology (TPE:6409) has a Net Current Asset Value of NT$61.79 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 Voltronic Power Technology and its competitors. This is 87% above median its historical median of 33.00. Over the past decade, Voltronic Power Technology's Net Current Asset Value has ranged from 10.06 to 184.55. According to the industry distribution chart, Voltronic Power Technology ranks #1844 out of 2215 companies in the Industrial Products industry, placing it in the top 83.3%.
Is Voltronic Power Technology's Net Current Asset Value too high?
Voltronic Power Technology's current Net Current Asset Value of NT$61.79 is 87% above median its 10-year median of 33.00. Over the past 10 years, this metric has ranged from a low of 10.06 to a high of 184.55. Based on the distribution chart, Voltronic Power Technology ranks #1844 out of 2215 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Voltronic Power Technology has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voltronic Power Technology's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Voltronic Power Technology ranks #1844 out of 2215 companies for Net Current Asset Value. This places Voltronic Power Technology in the lower half of its industry. The industry median Net Current Asset Value is 5.31. Historically, Voltronic Power Technology's own Net Current Asset Value has ranged from 10.06 to 184.55 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 5.31, 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 Voltronic Power Technology and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltronic Power Technology's current Net Current Asset Value is NT$61.79, which is 87% above median its own 10-year median of 33.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltronic Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Voltronic Power Technology (TPE:6409) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$1,434.65, compared to a current price of NT$1,105.00 — trading 23% below its estimated fair value. The current Net Current Asset Value is NT$61.79, which is 87% above median its 10-year median of 33.00. Voltronic Power Technology's overall GF Score™ is 100/100 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 Voltronic Power Technology (TPE:6409), the current Net Current Asset Value is NT$61.79 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 Voltronic Power Technology (TPE:6409) Overvalued in 2026?
Based on GuruFocus' analysis, Voltronic Power Technology stock appears to be undervalued.
The current stock price of NT$1,105.00 is trading 23% below its estimated GF Value™ of NT$1,434.65.
GuruFocus considers Voltronic Power Technology to be Modestly Undervalued.
Key valuation signals for TPE:6409:
Net Current Asset Value: NT$61.79 (87% above median its 10-year median of 33.00)
GF Value™: NT$1,434.65 vs. price of NT$1,105.00 (23% below fair value)
No single metric tells the full story. See the TPE:6409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voltronic Power Technology Corp mainly manufactures and sells power electronics products, including uninterruptible power supply systems and inverters. Its product portfolio also includes photovoltaic inverters, energy storage systems, variable frequency drives, and electric vehicle chargers.
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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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