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Horizon Fixture Group Co (TPE:6957) Net Current Asset Value : NT$-1.65 (As of Mar. 2025)


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What is Horizon Fixture Group Co 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).

Horizon Fixture Group Co's net current asset value per share for the quarter that ended in Mar. 2025 was NT$-1.65.

The historical rank and industry rank for Horizon Fixture Group Co's Net Current Asset Value or its related term are showing as below:

During the past 4 years, the highest Price-to-Net-Current-Asset-Value Ratio of Horizon Fixture Group Co was 77.91. The lowest was 11.01. And the median was 22.92.

TPE:6957's Price-to-Net-Current-Asset-Value is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.98
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Horizon Fixture Group Co Net Current Asset Value Historical Data

The historical data trend for Horizon Fixture Group 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.

* Premium members only.

Horizon Fixture Group Co Net Current Asset Value Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
0.55 9.17 12.64 10.08

Horizon Fixture Group Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.62 24.17 3.01 10.08 -1.65

Competitive Comparison of Horizon Fixture Group Co's Net Current Asset Value

For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.


Horizon Fixture Group Co's Price-to-Net-Current-Asset-Value Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Horizon Fixture Group Co's Price-to-Net-Current-Asset-Value falls into.


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Horizon Fixture Group Co Net Current Asset Value Calculation

Horizon Fixture Group Co'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)
=(2495.485-1939.207-0-0)/55.211
=10.08

Horizon Fixture Group Co's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2025 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2538.229-2629.564-0-0)/55.513
=-1.65

* 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.


Horizon Fixture Group Co  (TPE:6957) 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.


Horizon Fixture Group Co Net Current Asset Value Related Terms

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Horizon Fixture Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 54002
Horizon Fixture Group Co Ltd is a company known for its manufacturing excellence, delivering precision-engineered products with top-notch quality. Its logistical expertise ensures timely delivery and efficient distribution, backed by exceptional customer service. From iron and wood manufacturing to seamless installation and delivery, it offers end-to-end solutions tailored to prioritize customer satisfaction. The company offers a diverse portfolio of in-store displays, including eye-catching shelving systems, interactive kiosks, modular stands, and more. Each product is thoughtfully designed to maximize visibility and effectively engage customers.

Horizon Fixture Group Co Headlines

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