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Winnergy Medical PCLBKK:WINMED +3.30%59 Net Current Asset Value is ฿0.20 as of Mar. 2026, which is 100% below its 10-year median of 8.20. GuruFocus rates BKK:WINMED with a GF Score™ of 59/100 and a GF Value™ of ฿1.86 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 77 Medical Distribution companies, Winnergy Medical PCL ranks worse than 67.53% 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).
Winnergy Medical PCL's net current asset value per share for the quarter that ended in Mar. 2026 was ฿0.20.
The historical rank and industry rank for Winnergy Medical PCL's Net Current Asset Value or its related term are showing as below:
BKK:WINMED'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.13 Med: 8.2 Max: 11.42
Current: 4.7
During the past 10 years, the highest Price-to-Net-Current-Asset-Value Ratio of Winnergy Medical PCL was 11.42. The lowest was 4.13. And the median was 8.20.
BKK:WINMED's Price-to-Net-Current-Asset-Value is ranked worse than 67.53% of 77
companies
in the Medical Distribution industry
Industry Median: 3.09
vs BKK:WINMED: 4.70
Winnergy Medical PCL (BKK:WINMED) 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.
Winnergy Medical PCL Net Current Asset Value Related Terms
Winnergy Medical PCL Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Winnergy Medical PCL's Net Current Asset Value 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.
Winnergy Medical PCL Net Current Asset Value Chart
BKK:WINMED vs MCK, COR, CAH: Net Current Asset Value Comparison
For the Medical Distribution subindustry, Winnergy Medical 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.
Winnergy Medical PCL Price-to-Net-Current-Asset-Value vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Winnergy Medical PCL's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Winnergy Medical 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 ฿0.20 mean?
Winnergy Medical PCL (BKK:WINMED) has a Net Current Asset Value of ฿0.20 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 Winnergy Medical PCL and its competitors. This is 98% below median its historical median of 8.20. Over the past decade, Winnergy Medical PCL's Net Current Asset Value has ranged from 4.13 to 11.42. According to the industry distribution chart, Winnergy Medical PCL ranks #52 out of 77 companies in the Medical Distribution industry, placing it in the top 67.5%.
Is Winnergy Medical PCL's Net Current Asset Value too high?
Winnergy Medical PCL's current Net Current Asset Value of ฿0.20 is 98% below median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 11.42. Based on the distribution chart, Winnergy Medical PCL ranks #52 out of 77 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Winnergy Medical PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Winnergy Medical PCL's Net Current Asset Value compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Winnergy Medical PCL ranks #52 out of 77 companies for Net Current Asset Value. This places Winnergy Medical PCL in the lower half of its industry. The industry median Net Current Asset Value is 3.09. Historically, Winnergy Medical PCL's own Net Current Asset Value has ranged from 4.13 to 11.42 over the past decade. 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 Medical Distribution company?
The median Net Current Asset Value among Medical Distribution companies is 3.09, based on 77 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. 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 Winnergy Medical PCL and its competitors. For the Medical Distribution industry, the median Net Current Asset Value is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winnergy Medical PCL's current Net Current Asset Value is ฿0.20, which is 98% below median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winnergy Medical PCL stock overvalued right now?
Based on GuruFocus' analysis, Winnergy Medical PCL (BKK:WINMED) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.86, compared to a current price of ฿0.94 — trading 49.5% below its estimated fair value. The current Net Current Asset Value is ฿0.20, which is 98% below median its 10-year median of 8.20. Winnergy Medical PCL's overall GF Score™ is 59/100 with 11 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 Winnergy Medical PCL (BKK:WINMED), the current Net Current Asset Value is ฿0.20 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 Winnergy Medical PCL (BKK:WINMED) Overvalued in 2026?
Based on GuruFocus' analysis, Winnergy Medical PCL stock appears to be undervalued.
The current stock price of ฿0.94 is trading 49.5% below its estimated GF Value™ of ฿1.86.
GuruFocus considers Winnergy Medical PCL to be Possible Value Trap.
Key valuation signals for BKK:WINMED:
Net Current Asset Value: ฿0.20 (98% below median its 10-year median of 8.20)
GF Value™: ฿1.86 vs. price of ฿0.94 (49.5% below fair value)
No single metric tells the full story. See the BKK:WINMED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winnergy Medical PCL is engaged in the distribution of medical and diagnostics equipment. Its businesses include the distribution of medical devices, chemicals, and medical equipment and technology. The company operates in the geographic area of Thailand.
59GF Score
Get the complete analysis for BKK:WINMED
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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