GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sun Max Tech Ltd (TPE:6591) » Definitions » Net Current Asset Value

Sun Max Tech (TPE:6591) Net Current Asset Value : NT$9.98 (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Sun Max Tech Net Current Asset Value?

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).

Sun Max Tech's net current asset value per share for the quarter that ended in Dec. 2024 was NT$9.98.

The historical rank and industry rank for Sun Max Tech's Net Current Asset Value or its related term are showing as below:

TPE:6591' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.51   Med: 3.23   Max: 7.15
Current: 6.89

During the past 12 years, the highest Price-to-Net-Current-Asset-Value Ratio of Sun Max Tech was 7.15. The lowest was 1.51. And the median was 3.23.

TPE:6591's Price-to-Net-Current-Asset-Value is ranked worse than
68.1% of 1809 companies
in the Hardware industry
Industry Median: 4.35 vs TPE:6591: 6.89

Sun Max Tech Net Current Asset Value Historical Data

The historical data trend for Sun Max Tech'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.

* Premium members only.

Sun Max Tech Net Current Asset Value Chart

Sun Max Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.14 20.13 15.37 15.87 9.98

Sun Max Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.87 15.03 15.50 15.71 9.98

Competitive Comparison of Sun Max Tech's Net Current Asset Value

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech's Price-to-Net-Current-Asset-Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun Max Tech's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Sun Max Tech's Price-to-Net-Current-Asset-Value falls into.


;
;

Sun Max Tech Net Current Asset Value Calculation

Sun Max Tech's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1445.252-1061.02-7.816-0)/37.722
=9.98

Sun Max Tech's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1445.252-1061.02-7.816-0)/37.722
=9.98

* 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.


Sun Max Tech  (TPE:6591) 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 Graham’s 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.


Sun Max Tech Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Sun Max Tech's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun Max Tech Business Description

Traded in Other Exchanges
N/A
Address
802 West Bay Road, Oleander Way, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.

Sun Max Tech Headlines

No Headlines