Tripod Technology (TPE:3044) Net-Net Working Capital: NT$1.58 (As of Jun. 2026)

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TPE:3044 Tripod Technology Corp TPE:3044
91 GF Score
Price NT$485.50
GF Value NT$312.51
Valuation Significantly Overvalued
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What is Tripod Technology Net-Net Working Capital?

Tripod Technology TPE:3044 +1.04% 91 Net-Net Working Capital is NT$1.58 as of Jun. 2026. GuruFocus rates TPE:3044 with a GF Score™ of 91/100 and a GF Value™ of NT$312.51 (Significantly Overvalued). Among 1,157 Hardware companies, Tripod Technology ranks worse than 98.62% 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.

Tripod Technology's Net-Net Working Capital for the quarter that ended in Jun. 2026 was NT$1.58.

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

TPE:3044's Price-to-Net-Net-Working-Capital is ranked worse than
98.62% of 1157 companies
in the Hardware industry
Industry Median: 8.93 vs TPE:3044: 307.28

Tripod Technology  (TPE:3044) 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.


Tripod Technology Net-Net Working Capital Related Terms


Tripod Technology Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Tripod Technology'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.

Tripod Technology Net-Net Working Capital Chart

Tripod Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.16 -0.83 12.02 20.90 15.57

Tripod Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net-Net Working Capital 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 13.15 15.94 15.57 16.80 1.58

TPE:3044 vs APH, GLW, TEL: Net-Net Working Capital Comparison

For the Electronic Components subindustry, Tripod Technology'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.


Tripod Technology Price-to-Net-Net-Working-Capital vs Hardware Industry

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

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


TPE:3044
91GF Score
Tripod Technology Corp TPE:3044
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tripod Technology Net-Net Working Capital Calculation

Tripod Technology'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)
=(29252.904+0.75 * 22666.271+0.5 * 12019.057-44069.827
-0-8.014)/525.606
=15.57

Tripod Technology'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)
=(24032.409+0.75 * 28519.01+0.5 * 17070.509-53117.584
-0-8.1)/525.606
=1.58

* 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$1.58 mean?
Tripod Technology (TPE:3044) has a Net-Net Working Capital of NT$1.58 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 Tripod Technology According to the industry distribution chart, Tripod Technology ranks #1141 out of 1157 companies in the Hardware industry, placing it in the top 98.6%.
Is Tripod Technology's Net-Net Working Capital too high?
Tripod Technology's current Net-Net Working Capital is NT$1.58. Based on the distribution chart, Tripod Technology ranks #1141 out of 1157 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tripod Technology has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tripod Technology's Net-Net Working Capital compare to APH and GLW?
According to the Hardware industry distribution chart, Tripod Technology ranks #1141 out of 1157 companies for Net-Net Working Capital. This places Tripod Technology in the lower half of its industry. The industry median Net-Net Working Capital is 8.93. 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 8.93, based on 1,157 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 Tripod Technology For the Hardware industry, the median Net-Net Working Capital is 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tripod Technology's current Net-Net Working Capital is NT$1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tripod Technology stock overvalued right now?
Based on GuruFocus' analysis, Tripod Technology (TPE:3044) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$312.51, compared to a current price of NT$485.50 — trading 55.4% above its estimated fair value. The current Net-Net Working Capital is NT$1.58. Tripod Technology's overall GF Score™ is 91/100. 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 Tripod Technology (TPE:3044), the current Net-Net Working Capital is NT$1.58 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 Tripod Technology (TPE:3044) Overvalued in 2026?

Based on GuruFocus' analysis, Tripod Technology stock appears to be overvalued. The current stock price of NT$485.50 is trading 55.4% above its estimated GF Value™ of NT$312.51. GuruFocus considers Tripod Technology to be Significantly Overvalued.

Key valuation signals for TPE:3044:

  • Net-Net Working Capital: NT$1.58
  • GF Value™: NT$312.51 vs. price of NT$485.50 (55.4% above fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the TPE:3044 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tripod Technology Business Description

Address No. 21, Kuang-Yeh 5th Road, Pingzhen Industrial Park, Pingzhen District, Taoyuan, TWN, 324
Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers, and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in Mainland China; however, the company also does business in Taiwan, Malaysia, and South Korea, among others.
91GF Score

Get the complete analysis for TPE:3044

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

NT$485.50
Price
NT$312.51
GF Value