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).
BSP:WLMM4's Price-to-Net-Current-Asset-Value is ranked worse than 52.12% of 706
companies
in the Vehicles & Parts industry
Industry Median: 4.755
vs BSP:WLMM4: 5.13
WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM4) 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.
WLM Participacoes E Comercio De Maquinas E Veeculos Net Current Asset Value Related Terms
WLM Participacoes E Comercio De Maquinas E Veeculos 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.
WLM Participacoes E Comercio De Maquinas E Veeculos Net Current Asset Value Chart
WLM Participacoes E Comercio De Maquinas E Veeculos Annual Data
BSP:WLMM4 vs CVNA, PAG, ALTB: Net Current Asset Value Comparison
For the Auto & Truck Dealerships subindustry, WLM Participacoes E Comercio De Maquinas E Veeculos'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.
WLM Participacoes E Comercio De Maquinas E Veeculos Price-to-Net-Current-Asset-Value vs Vehicles & Parts Industry
* 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 R$3.92 mean?
WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM4) has a Net Current Asset Value of R$3.92 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 WLM Participacoes E Comercio De Maquinas E Veeculos and its competitors. This is 11% above median its historical median of 3.52. Over the past decade, WLM Participacoes E Comercio De Maquinas E Veeculos' Net Current Asset Value has ranged from 1.16 to 8.50. According to the industry distribution chart, WLM Participacoes E Comercio De Maquinas E Veeculos ranks #368 out of 706 companies in the Vehicles & Parts industry, placing it in the top 52.1%.
Is WLM Participacoes E Comercio De Maquinas E Veeculos' Net Current Asset Value too high?
WLM Participacoes E Comercio De Maquinas E Veeculos' current Net Current Asset Value of R$3.92 is 11% above median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 8.50. Based on the distribution chart, WLM Participacoes E Comercio De Maquinas E Veeculos ranks #368 out of 706 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, WLM Participacoes E Comercio De Maquinas E Veeculos has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WLM Participacoes E Comercio De Maquinas E Veeculos' Net Current Asset Value compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, WLM Participacoes E Comercio De Maquinas E Veeculos ranks #368 out of 706 companies for Net Current Asset Value. This places WLM Participacoes E Comercio De Maquinas E Veeculos in the lower half of its industry. The industry median Net Current Asset Value is 4.76. Historically, WLM Participacoes E Comercio De Maquinas E Veeculos' own Net Current Asset Value has ranged from 1.16 to 8.50 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 Vehicles & Parts company?
The median Net Current Asset Value among Vehicles & Parts companies is 4.76, based on 706 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 WLM Participacoes E Comercio De Maquinas E Veeculos and its competitors. For the Vehicles & Parts industry, the median Net Current Asset Value is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WLM Participacoes E Comercio De Maquinas E Veeculos's current Net Current Asset Value is R$3.92, which is 11% above median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WLM Participacoes E Comercio De Maquinas E Veeculos stock overvalued right now?
Based on GuruFocus' analysis, WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$30.57, compared to a current price of R$20.10 — trading 34.2% below its estimated fair value. The current Net Current Asset Value is R$3.92, which is 11% above median its 10-year median of 3.52. WLM Participacoes E Comercio De Maquinas E Veeculos' overall GF Score™ is 78/100 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 WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM4), the current Net Current Asset Value is R$3.92 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 WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM4) Overvalued in 2026?
Based on GuruFocus' analysis, WLM Participacoes E Comercio De Maquinas E Veeculos stock appears to be undervalued.
The current stock price of R$20.10 is trading 34.2% below its estimated GF Value™ of R$30.57.
GuruFocus considers WLM Participacoes E Comercio De Maquinas E Veeculos to be Significantly Undervalued.
Key valuation signals for BSP:WLMM4:
Net Current Asset Value: R$3.92 (11% above median its 10-year median of 3.52)
GF Value™: R$30.57 vs. price of R$20.10 (34.2% below fair value)
No single metric tells the full story. See the BSP:WLMM4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WLM Participacoes E Comercio De Maquinas E Veeculos Business Description
WLM Participacoes E Comercio De Maquinas E Veeculos SA along with its subsidaries is engaged in marketing Scania brand products including heavy and extra heavy trucks, chassis of coaches and city buses, and spare parts. It is also engaged in beef cattle farming, milking dairy cattle and coffee growing.
78GF Score
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