Thunder Tiger (TPE:8033) Net Current Asset Value: NT$3.46 (As of Dec. 2025) — 66% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8033 Thunder Tiger Corp TPE:8033
68 GF Score
Price NT$219.00
GF Value NT$72.91
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Thunder Tiger Net Current Asset Value?

Thunder Tiger TPE:8033 -9.88% 68 Net Current Asset Value is NT$3.46 as of Dec. 2025, which is 100% below its 10-year median of 10.28. GuruFocus rates TPE:8033 with a GF Score™ of 68/100 and a GF Value™ of NT$72.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 309 Travel & Leisure companies, Thunder Tiger ranks worse than 95.79% 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).

Thunder Tiger's net current asset value per share for the quarter that ended in Dec. 2025 was NT$3.46.

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

TPE:8033' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.66   Med: 10.28   Max: 63.29
Current: 63.29

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Thunder Tiger was 63.29. The lowest was 2.66. And the median was 10.28.

TPE:8033's Price-to-Net-Current-Asset-Value is ranked worse than
95.79% of 309 companies
in the Travel & Leisure industry
Industry Median: 4.11 vs TPE:8033: 63.29

Thunder Tiger  (TPE:8033) 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.


Thunder Tiger Net Current Asset Value Related Terms


Thunder Tiger Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Thunder Tiger'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.

Thunder Tiger Net Current Asset Value Chart

Thunder Tiger Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 1.77 1.47 1.36 3.46

Thunder Tiger Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.36 4.43 4.57 4.29 3.46

TPE:8033 vs AS, HAS, LTH: Net Current Asset Value Comparison

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Thunder Tiger's Price-to-Net-Current-Asset-Value falls into.


TPE:8033
68GF Score
Thunder Tiger Corp TPE:8033
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thunder Tiger Net Current Asset Value Calculation

Thunder Tiger's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1718.828-1000.714-182.358-0)/154.723
=3.46

Thunder Tiger's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1718.828-1000.714-182.358-0)/154.723
=3.46

* 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$3.46 mean?
Thunder Tiger (TPE:8033) has a Net Current Asset Value of NT$3.46 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 Thunder Tiger and its competitors. This is 66% below median its historical median of 10.28. Over the past decade, Thunder Tiger's Net Current Asset Value has ranged from 2.66 to 63.29. According to the industry distribution chart, Thunder Tiger ranks #296 out of 309 companies in the Travel & Leisure industry, placing it in the top 95.8%.
Is Thunder Tiger's Net Current Asset Value too high?
Thunder Tiger's current Net Current Asset Value of NT$3.46 is 66% below median its 10-year median of 10.28. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 63.29. Based on the distribution chart, Thunder Tiger ranks #296 out of 309 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Thunder Tiger has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thunder Tiger's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thunder Tiger ranks #296 out of 309 companies for Net Current Asset Value. This places Thunder Tiger in the lower half of its industry. The industry median Net Current Asset Value is 4.11. Historically, Thunder Tiger's own Net Current Asset Value has ranged from 2.66 to 63.29 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.11, based on 309 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 Thunder Tiger and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thunder Tiger's current Net Current Asset Value is NT$3.46, which is 66% below median its own 10-year median of 10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Tiger stock overvalued right now?
Based on GuruFocus' analysis, Thunder Tiger (TPE:8033) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$72.91, compared to a current price of NT$219.00 — trading 200.4% above its estimated fair value. The current Net Current Asset Value is NT$3.46, which is 66% below median its 10-year median of 10.28. Thunder Tiger's overall GF Score™ is 68/100 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 Thunder Tiger (TPE:8033), the current Net Current Asset Value is NT$3.46 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 Thunder Tiger (TPE:8033) Overvalued in 2026?

Based on GuruFocus' analysis, Thunder Tiger stock appears to be overvalued. The current stock price of NT$219.00 is trading 200.4% above its estimated GF Value™ of NT$72.91. GuruFocus considers Thunder Tiger to be Significantly Overvalued.

Key valuation signals for TPE:8033:

  • Net Current Asset Value: NT$3.46 (66% below median its 10-year median of 10.28)
  • GF Value™: NT$72.91 vs. price of NT$219.00 (200.4% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the TPE:8033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thunder Tiger Business Description

Address No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. Its segments include the Remote-controlled models department, Oral medical department, Aluminum boats products and the Aseptic packages department. The majority of the company's revenue is generated from the Remote-controlled models department. Geographically, America is its key revenue generating market followed by Taiwan and other regions.
68GF Score

Get the complete analysis for TPE:8033

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$219.00
Price
NT$72.91
GF Value