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).
ZLIOF's Price-to-Net-Current-Asset-Value is ranked worse than 67.13% of 143
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 3.91
vs ZLIOF: 6.11
Zoomlion Heavy Industry Science and Technology Co (OTCPK:ZLIOF) 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.
Zoomlion Heavy Industry Science and Technology Co Net Current Asset Value Related Terms
Zoomlion Heavy Industry Science and Technology 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.
Zoomlion Heavy Industry Science and Technology Co Net Current Asset Value Chart
Zoomlion Heavy Industry Science and Technology Co Annual Data
ZLIOF vs CAT, DE, PCAR: Net Current Asset Value Comparison
For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.
Zoomlion Heavy Industry Science and Technology Co Price-to-Net-Current-Asset-Value vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Zoomlion Heavy Industry Science and Technology 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 $0.17 mean?
Zoomlion Heavy Industry Science and Technology Co (ZLIOF) has a Net Current Asset Value of $0.17 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 Zoomlion Heavy Industry Science and Technology Co and its competitors. This is 97% below median its historical median of 4.90. Over the past decade, Zoomlion Heavy Industry Science and Technology Co's Net Current Asset Value has ranged from 1.76 to 21.61. According to the industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #96 out of 143 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 67.1%.
Is Zoomlion Heavy Industry Science and Technology Co's Net Current Asset Value too high?
Zoomlion Heavy Industry Science and Technology Co's current Net Current Asset Value of $0.17 is 97% below median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 21.61. The Farm & Heavy Construction Machinery industry median Net Current Asset Value is 3.91. Zoomlion Heavy Industry Science and Technology Co's value of $0.17 is 95.7% below this industry median. Based on the distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #96 out of 143 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Zoomlion Heavy Industry Science and Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoomlion Heavy Industry Science and Technology Co's Net Current Asset Value compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Zoomlion Heavy Industry Science and Technology Co ranks #96 out of 143 companies for Net Current Asset Value. This places Zoomlion Heavy Industry Science and Technology Co in the lower half of its industry. The industry median Net Current Asset Value is 3.91. Zoomlion Heavy Industry Science and Technology Co's value of $0.17 is 95.7% below this benchmark. Historically, Zoomlion Heavy Industry Science and Technology Co's own Net Current Asset Value has ranged from 1.76 to 21.61 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 3.91, Zoomlion Heavy Industry Science and Technology Co 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 Farm & Heavy Construction Machinery company?
The median Net Current Asset Value among Farm & Heavy Construction Machinery companies is 3.91, based on 143 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. Zoomlion Heavy Industry Science and Technology Co's current Net Current Asset Value of $0.17 is 95.7% 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 Zoomlion Heavy Industry Science and Technology Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Current Asset Value is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zoomlion Heavy Industry Science and Technology Co's current Net Current Asset Value is $0.17, which is 97% below median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoomlion Heavy Industry Science and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co (ZLIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.18, compared to a current price of $0.98 — trading 17.2% below its estimated fair value. The current Net Current Asset Value is $0.17, which is 97% below median its 10-year median of 4.90 and 95.7% below the Farm & Heavy Construction Machinery industry median of 3.91. Zoomlion Heavy Industry Science and Technology 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 Zoomlion Heavy Industry Science and Technology Co (ZLIOF), the current Net Current Asset Value is $0.17 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.
Is Zoomlion Heavy Industry Science and Technology Co (ZLIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Zoomlion Heavy Industry Science and Technology Co stock appears to be undervalued.
The current stock price of $0.98 is trading 17.2% below its estimated GF Value™ of $1.18.
GuruFocus considers Zoomlion Heavy Industry Science and Technology Co to be Modestly Undervalued.
Key valuation signals for ZLIOF:
Net Current Asset Value: $0.17 (97% below median its 10-year median of 4.90)
GF Value™: $1.18 vs. price of $0.98 (17.2% below fair value)
Industry Position: 95.7% below the Farm & Heavy Construction Machinery median (#96 of 143)
No single metric tells the full story. See the ZLIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zoomlion Heavy Industry Science and Technology Co Business Description
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery and agricultural machinery. It is engaged in three main operating segments, including research, development, manufacturing, and sale of construction machinery; research, development, manufacturing, and sale of agricultural machinery; and finance lease services. The construction machinery segment provides concrete machinery, crane machinery, aerial machinery, earth working machinery, and other products. The agricultural machinery industry includes farming machinery, harvesting machinery, drying machinery, and agricultural equipment.
81GF Score
Get the complete analysis for ZLIOF
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ZLIOF has been successfully added to your 
