AMAX Holding CoTPE:6933 47 Net Current Asset Value is NT$45.67 as of Dec. 2025, which is 100% below its 10-year median of 4.91. GuruFocus rates TPE:6933 with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 1,848 Hardware companies, AMAX Holding Co ranks better than 65.1% 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).
AMAX Holding Co's net current asset value per share for the quarter that ended in Dec. 2025 was NT$45.67.
The historical rank and industry rank for AMAX Holding Co's Net Current Asset Value or its related term are showing as below:
TPE:6933'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.28 Med: 4.91 Max: 6.4
Current: 3.45
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of AMAX Holding Co was 6.40. The lowest was 3.28. And the median was 4.91.
TPE:6933's Price-to-Net-Current-Asset-Value is ranked better than 65.1% of 1848
companies
in the Hardware industry
Industry Median: 5.345
vs TPE:6933: 3.45
AMAX Holding Co (TPE:6933) 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.
AMAX Holding Co Net Current Asset Value Related Terms
AMAX Holding Co Net Current Asset Value Historical Data
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The historical data trend for AMAX Holding Co'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:6933 vs SNDK, DELL, STX: Net Current Asset Value Comparison
For the Computer Hardware subindustry, AMAX Holding 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.
AMAX Holding Co Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, AMAX Holding Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where AMAX Holding 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$45.67 mean?
AMAX Holding Co (TPE:6933) has a Net Current Asset Value of NT$45.67 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 AMAX Holding Co and its competitors. This is 830% above median its historical median of 4.91. Over the past decade, AMAX Holding Co's Net Current Asset Value has ranged from 3.28 to 6.40. According to the industry distribution chart, AMAX Holding Co ranks #645 out of 1848 companies in the Hardware industry, placing it in the top 34.9%.
Is AMAX Holding Co's Net Current Asset Value too high?
AMAX Holding Co's current Net Current Asset Value of NT$45.67 is 830% above median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 6.40. Based on the distribution chart, AMAX Holding Co ranks #645 out of 1848 companies in the Hardware industry, which is above the industry midpoint. Overall, AMAX Holding Co has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does AMAX Holding Co's Net Current Asset Value compare to SNDK and DELL?
According to the Hardware industry distribution chart, AMAX Holding Co ranks #645 out of 1848 companies for Net Current Asset Value. This puts AMAX Holding Co in the upper half of its industry. The industry median Net Current Asset Value is 5.35. Historically, AMAX Holding Co's own Net Current Asset Value has ranged from 3.28 to 6.40 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 5.35, based on 1,848 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 AMAX Holding Co and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMAX Holding Co's current Net Current Asset Value is NT$45.67, which is 830% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMAX Holding Co stock overvalued right now?
AMAX Holding Co (TPE:6933) has a current Net Current Asset Value of NT$45.67. The current Net Current Asset Value is NT$45.67, which is 830% above median its 10-year median of 4.91. AMAX Holding Co's overall GF Score™ is 47/100 with 6 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 AMAX Holding Co (TPE:6933), the current Net Current Asset Value is NT$45.67 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.
AMAX Holding Co Ltd is mainly engaged in the research, development, manufacture and sales of the cloud and data center as well as the high performance computing (HPC) sever and its peripheral equipment and providing extensible custom cluster as well as relevant system solution and customised service. The group has only one reportable operating segment. The company has presence in Asia, United States, Europe. Its product portfolio includes Al Edge Server, Al Workstation, Liquid Cooled Rack, AMAX RackScale, Al Data Center. Its services are Original Equipment Manufacturing, Cooling Design, HPC System Design, ISO and Compliance, Cluster Architecture, GPU Test Drive, Professional Services, HostMax Al-Ready Hosting Facility and solutions are Al Data Center Solutions, Al Edge Solutions, etc.
47GF Score
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