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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 Chin Hsin Environ Engineering Co's Net Current Asset Value or its related term are showing as below:
TPE:6951'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.97 Med: 15.51 Max: 36.46
Current: 17.15
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Chin Hsin Environ Engineering Co was 36.46. The lowest was 8.97. And the median was 15.51.
TPE:6951's Price-to-Net-Current-Asset-Value is ranked worse than 90.63% of 96
companies
in the Waste Management industry
Industry Median: 4.305
vs TPE:6951: 17.15
Chin Hsin Environ Engineering Co (TPE:6951) 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.
Chin Hsin Environ Engineering Co Net Current Asset Value Related Terms
Chin Hsin Environ Engineering 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.
Chin Hsin Environ Engineering Co Net Current Asset Value Chart
TPE:6951 vs WM, RSG, WCN: Net Current Asset Value Comparison
For the Waste Management subindustry, Chin Hsin Environ Engineering 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.
Chin Hsin Environ Engineering Co Price-to-Net-Current-Asset-Value vs Waste Management Industry
For the Waste Management industry and Industrials sector, Chin Hsin Environ Engineering Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Chin Hsin Environ Engineering 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$4.21 mean?
Chin Hsin Environ Engineering Co (TPE:6951) has a Net Current Asset Value of NT$4.21 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 Chin Hsin Environ Engineering Co and its competitors. This is 73% below median its historical median of 15.51. Over the past decade, Chin Hsin Environ Engineering Co's Net Current Asset Value has ranged from 8.97 to 36.46. According to the industry distribution chart, Chin Hsin Environ Engineering Co ranks #87 out of 96 companies in the Waste Management industry, placing it in the top 90.6%.
Is Chin Hsin Environ Engineering Co's Net Current Asset Value too high?
Chin Hsin Environ Engineering Co's current Net Current Asset Value of NT$4.21 is 73% below median its 10-year median of 15.51. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 36.46. Based on the distribution chart, Chin Hsin Environ Engineering Co ranks #87 out of 96 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Chin Hsin Environ Engineering Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chin Hsin Environ Engineering Co's Net Current Asset Value compare to WM and RSG?
According to the Waste Management industry distribution chart, Chin Hsin Environ Engineering Co ranks #87 out of 96 companies for Net Current Asset Value. This places Chin Hsin Environ Engineering Co in the lower half of its industry. The industry median Net Current Asset Value is 4.31. Historically, Chin Hsin Environ Engineering Co's own Net Current Asset Value has ranged from 8.97 to 36.46 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 Waste Management company?
The median Net Current Asset Value among Waste Management companies is 4.31, based on 96 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 Chin Hsin Environ Engineering Co and its competitors. For the Waste Management industry, the median Net Current Asset Value is 4.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chin Hsin Environ Engineering Co's current Net Current Asset Value is NT$4.21, which is 73% below median its own 10-year median of 15.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chin Hsin Environ Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Chin Hsin Environ Engineering Co (TPE:6951) is currently considered Fairly Valued. The stock's GF Value™ is NT$79.68, compared to a current price of NT$72.20 — trading 9.4% below its estimated fair value. The current Net Current Asset Value is NT$4.21, which is 73% below median its 10-year median of 15.51. Chin Hsin Environ Engineering Co's overall GF Score™ is 74/100 with 4 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 Chin Hsin Environ Engineering Co (TPE:6951), the current Net Current Asset Value is NT$4.21 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 Chin Hsin Environ Engineering Co (TPE:6951) Overvalued in 2026?
Based on GuruFocus' analysis, Chin Hsin Environ Engineering Co stock appears to be undervalued.
The current stock price of NT$72.20 is trading 9.4% below its estimated GF Value™ of NT$79.68.
GuruFocus considers Chin Hsin Environ Engineering Co to be Fairly Valued.
Key valuation signals for TPE:6951:
Net Current Asset Value: NT$4.21 (73% below median its 10-year median of 15.51)
GF Value™: NT$79.68 vs. price of NT$72.20 (9.4% below fair value)
No single metric tells the full story. See the TPE:6951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chin Hsin Environ Engineering Co Business Description
Chin Hsin Environ Engineering Co Ltd offers the removal of general, hazardous industrial waste and biomedical waste produced by business institutions and medical institutions in Taiwan. It offers hazardous industrial waste and biomedical waste treatment for business institutions and medical institutions. The firm's segment comprises: Disposal Department, Treatment, Plastic-Wood Department, and Environmental Safety Department. The firm generates the majority of its revenue from the Disposal Department, which includes Medical Waste and Industrial Waste.
74GF Score
Get the complete analysis for TPE:6951
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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