Qbic Technology Co (ROCO:6825) Net-Net Working Capital: NT$9.63 (As of Jun. 2026)

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ROCO:6825 Qbic Technology Co Ltd ROCO:6825
95 GF Score
Price NT$34.50
GF Value NT$34.72
Valuation Fairly Valued
! 3 Warning Signs
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What is Qbic Technology Co Net-Net Working Capital?

Qbic Technology Co ROCO:6825 +2.37% 95 Net-Net Working Capital is NT$9.63 as of Jun. 2026. GuruFocus rates ROCO:6825 with a GF Score™ of 95/100 and a GF Value™ of NT$34.72 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,158 Hardware companies, Qbic Technology Co ranks better than 68.22% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Qbic Technology Co's Net-Net Working Capital for the quarter that ended in Jun. 2026 was NT$9.63.

The industry rank for Qbic Technology Co's Net-Net Working Capital or its related term are showing as below:

ROCO:6825's Price-to-Net-Net-Working-Capital is ranked better than
68.22% of 1158 companies
in the Hardware industry
Industry Median: 9.21 vs ROCO:6825: 4.85

Qbic Technology Co  (ROCO:6825) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Qbic Technology Co Net-Net Working Capital Related Terms


Qbic Technology Co Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Qbic Technology Co's Net-Net Working Capital 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.

Qbic Technology Co Net-Net Working Capital Chart

Qbic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial 1.59 1.32 2.55 3.89 10.28

Qbic Technology Co Quarterly Data
Mar25 Mar26 Jun26
Net-Net Working Capital 3.58 9.96 9.63

ROCO:6825 vs DELL, ANET, SNDK: Net-Net Working Capital Comparison

For the Computer Hardware subindustry, Qbic Technology Co's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Qbic Technology Co Price-to-Net-Net-Working-Capital vs Hardware Industry

For the Hardware industry and Technology sector, Qbic Technology Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Qbic Technology Co's Price-to-Net-Net-Working-Capital falls into.


ROCO:6825
95GF Score
Qbic Technology Co Ltd ROCO:6825
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Qbic Technology Co Net-Net Working Capital Calculation

Qbic Technology Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(293.832+0.75 * 156.47+0.5 * 214.687-113.966
-0-0)/39.33801866349
=10.28

Qbic Technology Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2026 is calculated as

Net-Net Working Capital(Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(286.412+0.75 * 131.982+0.5 * 303.888-158.716
-0-0)/39.33801866349
=9.62

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of NT$9.63 mean?
Qbic Technology Co (ROCO:6825) has a Net-Net Working Capital of NT$9.63 as of Jun. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Qbic Technology Co According to the industry distribution chart, Qbic Technology Co ranks #368 out of 1158 companies in the Hardware industry, placing it in the top 31.8%.
Is Qbic Technology Co's Net-Net Working Capital too high?
Qbic Technology Co's current Net-Net Working Capital is NT$9.63. Based on the distribution chart, Qbic Technology Co ranks #368 out of 1158 companies in the Hardware industry, which is above the industry midpoint. Overall, Qbic Technology Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qbic Technology Co's Net-Net Working Capital compare to DELL and ANET?
According to the Hardware industry distribution chart, Qbic Technology Co ranks #368 out of 1158 companies for Net-Net Working Capital. This puts Qbic Technology Co in the upper half of its industry. The industry median Net-Net Working Capital is 9.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Hardware company?
The median Net-Net Working Capital among Hardware companies is 9.21, based on 1,158 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Qbic Technology Co For the Hardware industry, the median Net-Net Working Capital is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qbic Technology Co's current Net-Net Working Capital is NT$9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qbic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qbic Technology Co (ROCO:6825) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.72, compared to a current price of NT$34.50 — trading 0.6% below its estimated fair value. The current Net-Net Working Capital is NT$9.63. Qbic Technology Co's overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Qbic Technology Co (ROCO:6825), the current Net-Net Working Capital is NT$9.63 as of Jun. 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 Qbic Technology Co (ROCO:6825) Overvalued in 2026?

Based on GuruFocus' analysis, Qbic Technology Co stock appears to be undervalued. The current stock price of NT$34.50 is trading 0.6% below its estimated GF Value™ of NT$34.72. GuruFocus considers Qbic Technology Co to be Fairly Valued.

Key valuation signals for ROCO:6825:

  • Net-Net Working Capital: NT$9.63
  • GF Value™: NT$34.72 vs. price of NT$34.50 (0.6% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6825 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qbic Technology Co Business Description

Address Xintai 5th Road, 26th Floor-12, No. 99, Section 1, Xizhi District, New Taipei City, TWN
Qbic Technology Co Ltd principally engaged in the sale of tablet computers, as well as the provision of related design and manufacturing services. The company has single segment. The group operating mainly in two geographical areas - domestic and the United States. The company's solutions include Office, Residential, Retail, Education, Hospitality.
95GF Score

Get the complete analysis for ROCO:6825

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

NT$34.50
Price
NT$34.72
GF Value