Thai Stanley Electric (Thailand) PCLTSETF 73 Net Current Asset Value is $3.86 as of Mar. 2026, which is 94% above its 10-year median of 1.99. GuruFocus rates TSETF with a GF Score™ of 73/100. The stock has 7 warning signs investors should review. Among 707 Vehicles & Parts companies, Thai Stanley Electric (Thailand) PCL ranks better than 79.35% 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).
The historical rank and industry rank for Thai Stanley Electric (Thailand) PCL's Net Current Asset Value or its related term are showing as below:
TSETF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.57 Med: 1.99 Max: 3.03
Current: 1.95
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Thai Stanley Electric (Thailand) PCL was 3.03. The lowest was 1.57. And the median was 1.99.
TSETF's Price-to-Net-Current-Asset-Value is ranked better than 79.35% of 707
companies
in the Vehicles & Parts industry
Industry Median: 4.82
vs TSETF: 1.95
Thai Stanley Electric (Thailand) PCL (OTCPK:TSETF) 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.
Thai Stanley Electric (Thailand) PCL Net Current Asset Value Related Terms
Thai Stanley Electric (Thailand) PCL 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.
Thai Stanley Electric (Thailand) PCL Net Current Asset Value Chart
TSETF vs ORLY, AZO: Net Current Asset Value Comparison
For the Auto Parts subindustry, Thai Stanley Electric (Thailand) PCL'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.
Thai Stanley Electric (Thailand) PCL Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Stanley Electric (Thailand) PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Thai Stanley Electric (Thailand) PCL'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 $3.86 mean?
Thai Stanley Electric (Thailand) PCL (TSETF) has a Net Current Asset Value of $3.86 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Thai Stanley Electric (Thailand) PCL and its competitors. This is 94% above median its historical median of 1.99. Over the past decade, Thai Stanley Electric (Thailand) PCL's Net Current Asset Value has ranged from 1.57 to 3.03. According to the industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #146 out of 707 companies in the Vehicles & Parts industry, placing it in the top 20.7%.
Is Thai Stanley Electric (Thailand) PCL's Net Current Asset Value too high?
Thai Stanley Electric (Thailand) PCL's current Net Current Asset Value of $3.86 is 94% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 3.03. The Vehicles & Parts industry median Net Current Asset Value is 4.82. Thai Stanley Electric (Thailand) PCL's value of $3.86 is 19.9% below this industry median. Based on the distribution chart, Thai Stanley Electric (Thailand) PCL ranks #146 out of 707 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Stanley Electric (Thailand) PCL has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Thai Stanley Electric (Thailand) PCL's Net Current Asset Value compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thai Stanley Electric (Thailand) PCL ranks #146 out of 707 companies for Net Current Asset Value. This places Thai Stanley Electric (Thailand) PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.82. Thai Stanley Electric (Thailand) PCL's value of $3.86 is 19.9% below this benchmark. Historically, Thai Stanley Electric (Thailand) PCL's own Net Current Asset Value has ranged from 1.57 to 3.03 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 4.82, Thai Stanley Electric (Thailand) PCL has consistently been below the industry average. 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.82, based on 707 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. Thai Stanley Electric (Thailand) PCL's current Net Current Asset Value of $3.86 is 19.9% below the industry median. 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 Thai Stanley Electric (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Stanley Electric (Thailand) PCL's current Net Current Asset Value is $3.86, which is 94% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Stanley Electric (Thailand) PCL stock overvalued right now?
Thai Stanley Electric (Thailand) PCL (TSETF) has a current Net Current Asset Value of $3.86. The current Net Current Asset Value is $3.86, which is 94% above median its 10-year median of 1.99 and 19.9% below the Vehicles & Parts industry median of 4.82. Thai Stanley Electric (Thailand) PCL's overall GF Score™ is 73/100 with 7 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 Thai Stanley Electric (Thailand) PCL (TSETF), the current Net Current Asset Value is $3.86 as of Mar. 2026. 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.
Thai Stanley Electric (Thailand) PCL Business Description
Thai Stanley Electric (Thailand) PCL is a Thailand-based company engaged in the manufacturing and selling of automotive bulbs, lighting equipment, molds and dies, and product designs. The company products include hheadlights, taillights, brake lights, rear combination lamps, wind screens, front winkers, fog lights, and other related products. The company generates maximum revenue from the auto bulbs and automotive lighting equipment.
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