Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Kingboard HoldingsKBDCF 60 Net Cash per Share is $-3.16 as of Dec. 2025. GuruFocus rates KBDCF with a GF Score™ of 60/100 and a GF Value™ of $8.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 61 Conglomerates companies, Kingboard Holdings ranks worse than 1639342.62% on this metric.
The historical rank and industry rank for Kingboard Holdings's Net Cash per Share or its related term are showing as below:
KBDCF's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 8.85 * Ranked among companies with meaningful Price-to-Net-Cash only.
Kingboard Holdings (OTCPK:KBDCF) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Kingboard Holdings Net Cash per Share Related Terms
Kingboard Holdings Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Kingboard Holdings's Net Cash per Share 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.
For the Conglomerates subindustry, Kingboard Holdings's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Kingboard Holdings Price-to-Net-Cash vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kingboard Holdings's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Kingboard Holdings's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Kingboard Holdings's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Kingboard Holdings (KBDCF) has a Net Cash per Share of $-3.16 as of Dec. 2025. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Kingboard Holdings and its competitors. According to the industry distribution chart, Kingboard Holdings ranks #999999 out of 61 companies in the Conglomerates industry.
Is Kingboard Holdings' Net Cash per Share too high?
Kingboard Holdings' current Net Cash per Share is $-3.16. Based on the distribution chart, Kingboard Holdings ranks #999999 out of 61 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Kingboard Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingboard Holdings' Net Cash per Share compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kingboard Holdings ranks #999999 out of 61 companies for Net Cash per Share. This places Kingboard Holdings in the lower half of its industry. The industry median Net Cash per Share is 8.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Conglomerates company?
The median Net Cash per Share among Conglomerates companies is 8.85, based on 61 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Kingboard Holdings and its competitors. For the Conglomerates industry, the median Net Cash per Share is 8.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingboard Holdings's current Net Cash per Share is $-3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingboard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kingboard Holdings (KBDCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.60, compared to a current price of $15.50 — trading 80.2% above its estimated fair value. The current Net Cash per Share is $-3.16. Kingboard Holdings' overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Kingboard Holdings (KBDCF), the current Net Cash per Share is $-3.16 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 Kingboard Holdings (KBDCF) Overvalued in 2026?
Based on GuruFocus' analysis, Kingboard Holdings stock appears to be overvalued.
The current stock price of $15.50 is trading 80.2% above its estimated GF Value™ of $8.60.
GuruFocus considers Kingboard Holdings to be Significantly Overvalued.
Key valuation signals for KBDCF:
Net Cash per Share: $-3.16
GF Value™: $8.60 vs. price of $15.50 (80.2% above fair value)
No single metric tells the full story. See the KBDCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: laminates, printed circuit boards, chemicals, properties, investments, and others, including service income, manufacture, and sale of magnetic products, and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards, and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, America, and Africa, out of which China accounts for the majority of the revenue.
60GF Score
Get the complete analysis for KBDCF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KBDCF has been successfully added to your 
