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Fulgent Sun International (Holding) CoTPE:9802 +1.74%81 Net Current Asset Value is NT$5.33 as of Dec. 2025, which is 100% below its 10-year median of 14.15. GuruFocus rates TPE:9802 with a GF Score™ of 81/100 and a GF Value™ of NT$112.60 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 630 Manufacturing - Apparel & Accessories companies, Fulgent Sun International (Holding) Co ranks worse than 86.35% 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).
TPE:9802'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 7.1 Med: 14.15 Max: 71.31
Current: 14.24
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Fulgent Sun International (Holding) Co was 71.31. The lowest was 7.10. And the median was 14.15.
TPE:9802's Price-to-Net-Current-Asset-Value is ranked worse than 86.35% of 630
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.96
vs TPE:9802: 14.24
Fulgent Sun International (Holding) Co (TPE:9802) 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.
Fulgent Sun International (Holding) Co Net Current Asset Value Related Terms
Fulgent Sun International (Holding) 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.
Fulgent Sun International (Holding) Co Net Current Asset Value Chart
Fulgent Sun International (Holding) Co Annual Data
TPE:9802 vs NKE, DECK, ONON: Net Current Asset Value Comparison
For the Footwear & Accessories subindustry, Fulgent Sun International (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.
Fulgent Sun International (Holding) Co Price-to-Net-Current-Asset-Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fulgent Sun International (Holding) Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Fulgent Sun International (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$5.33 mean?
Fulgent Sun International (Holding) Co (TPE:9802) has a Net Current Asset Value of NT$5.33 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 Fulgent Sun International (Holding) Co and its competitors. This is 62% below median its historical median of 14.15. Over the past decade, Fulgent Sun International (Holding) Co's Net Current Asset Value has ranged from 7.10 to 71.31. According to the industry distribution chart, Fulgent Sun International (Holding) Co ranks #544 out of 630 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.3%.
Is Fulgent Sun International (Holding) Co's Net Current Asset Value too high?
Fulgent Sun International (Holding) Co's current Net Current Asset Value of NT$5.33 is 62% below median its 10-year median of 14.15. Over the past 10 years, this metric has ranged from a low of 7.10 to a high of 71.31. Based on the distribution chart, Fulgent Sun International (Holding) Co ranks #544 out of 630 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Fulgent Sun International (Holding) Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fulgent Sun International (Holding) Co's Net Current Asset Value compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Fulgent Sun International (Holding) Co ranks #544 out of 630 companies for Net Current Asset Value. This places Fulgent Sun International (Holding) Co in the lower half of its industry. The industry median Net Current Asset Value is 2.96. Historically, Fulgent Sun International (Holding) Co's own Net Current Asset Value has ranged from 7.10 to 71.31 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 Manufacturing - Apparel & Accessories company?
The median Net Current Asset Value among Manufacturing - Apparel & Accessories companies is 2.96, based on 630 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 Fulgent Sun International (Holding) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Current Asset Value is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulgent Sun International (Holding) Co's current Net Current Asset Value is NT$5.33, which is 62% below median its own 10-year median of 14.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulgent Sun International (Holding) Co stock overvalued right now?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co (TPE:9802) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$112.60, compared to a current price of NT$75.90 — trading 32.6% below its estimated fair value. The current Net Current Asset Value is NT$5.33, which is 62% below median its 10-year median of 14.15. Fulgent Sun International (Holding) Co's overall GF Score™ is 81/100 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 Fulgent Sun International (Holding) Co (TPE:9802), the current Net Current Asset Value is NT$5.33 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 Fulgent Sun International (Holding) Co (TPE:9802) Overvalued in 2026?
Based on GuruFocus' analysis, Fulgent Sun International (Holding) Co stock appears to be undervalued.
The current stock price of NT$75.90 is trading 32.6% below its estimated GF Value™ of NT$112.60.
GuruFocus considers Fulgent Sun International (Holding) Co to be Significantly Undervalued.
Key valuation signals for TPE:9802:
Net Current Asset Value: NT$5.33 (62% below median its 10-year median of 14.15)
GF Value™: NT$112.60 vs. price of NT$75.90 (32.6% below fair value)
No single metric tells the full story. See the TPE:9802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulgent Sun International (Holding) Co Business Description
Fulgent Sun International (Holding) Co Ltd is engaged in the business of production and sale of sports and leisure outdoor shoes. Its main business is the manufacturing of professional sports shoes and high-functional outdoor shoes. Its factories are located in China, Vietnam, and Cambodia.
81GF Score
Get the complete analysis for TPE:9802
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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