DRMMF (Dream International) Net Current Asset Value: $0.52 (As of Dec. 2025) — 72% Below Median


DRMMF Dream International Ltd DRMMF
85 GF Score
Price $0.91
GF Value $0.73
! 1 Warning Sign
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What is Dream International Net Current Asset Value?

Dream International DRMMF 85 Net Current Asset Value is $0.52 as of Dec. 2025, which is 72% below its 10-year median of 1.86. GuruFocus rates DRMMF with a GF Score™ of 85/100 and a GF Value™ of $0.73. The stock has 1 warning sign investors should review. Among 310 Travel & Leisure companies, Dream International ranks better than 83.23% 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).

Dream International's net current asset value per share for the quarter that ended in Dec. 2025 was $0.52.

The historical rank and industry rank for Dream International's Net Current Asset Value or its related term are showing as below:

DRMMF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.09   Med: 1.86   Max: 3.73
Current: 1.57

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dream International was 3.73. The lowest was 1.09. And the median was 1.86.

DRMMF's Price-to-Net-Current-Asset-Value is ranked better than
83.23% of 310 companies
in the Travel & Leisure industry
Industry Median: 3.995 vs DRMMF: 1.57

Dream International  (OTCPK:DRMMF) 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 Graham’s 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.


Dream International Net Current Asset Value Related Terms


Dream International Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Dream International'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.

Dream International Net Current Asset Value Chart

Dream International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.33 0.43 0.49 0.52

Dream International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Current Asset Value 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 0.43 0.43 0.49 0.48 0.52

DRMMF vs AS, HAS, LTH: Net Current Asset Value Comparison

For the Leisure subindustry, Dream International'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.


Dream International Price-to-Net-Current-Asset-Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dream International's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Dream International's Price-to-Net-Current-Asset-Value falls into.


DRMMF
85GF Score
Dream International Ltd DRMMF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Dream International Net Current Asset Value Calculation

Dream International's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(524.316-172.503-0-0)/676.865
=0.52

Dream International's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(524.316-172.503-0-0)/676.865
=0.52

* 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 $0.52 mean?
Dream International (DRMMF) has a Net Current Asset Value of $0.52 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Dream International and its competitors. This is 72% below median its historical median of 1.86. Over the past decade, Dream International's Net Current Asset Value has ranged from 1.09 to 3.73. According to the industry distribution chart, Dream International ranks #52 out of 310 companies in the Travel & Leisure industry, placing it in the top 16.8%.
Is Dream International's Net Current Asset Value too high?
Dream International's current Net Current Asset Value of $0.52 is 72% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.73. The Travel & Leisure industry median Net Current Asset Value is 4.00. Dream International's value of $0.52 is 87% below this industry median. Based on the distribution chart, Dream International ranks #52 out of 310 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Dream International has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Dream International's Net Current Asset Value compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Dream International ranks #52 out of 310 companies for Net Current Asset Value. This places Dream International in the top 17% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.00. Dream International's value of $0.52 is 87% below this benchmark. Historically, Dream International's own Net Current Asset Value has ranged from 1.09 to 3.73 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 4.00, Dream International has consistently been below the industry average. 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 Travel & Leisure company?
The median Net Current Asset Value among Travel & Leisure companies is 4.00, based on 310 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. Dream International's current Net Current Asset Value of $0.52 is 87% below the industry median. 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 Dream International and its competitors. For the Travel & Leisure industry, the median Net Current Asset Value is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dream International's current Net Current Asset Value is $0.52, which is 72% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream International stock overvalued right now?
Dream International (DRMMF) has a current Net Current Asset Value of $0.52. The stock's GF Value™ is $0.73, compared to a current price of $0.91 — trading 24.5% above its estimated fair value. The current Net Current Asset Value is $0.52, which is 72% below median its 10-year median of 1.86 and 87% below the Travel & Leisure industry median of 4.00. Dream International's overall GF Score™ is 85/100 with 1 warning sign 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 Dream International (DRMMF), the current Net Current Asset Value is $0.52 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 Dream International (DRMMF) Overvalued in 2026?

Based on GuruFocus' analysis, Dream International stock appears to be overvalued. The current stock price of $0.91 is trading 24.5% above its estimated GF Value™ of $0.73.

Key valuation signals for DRMMF:

  • Net Current Asset Value: $0.52 (72% below median its 10-year median of 1.86)
  • GF Value™: $0.73 vs. price of $0.91 (24.5% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 87% below the Travel & Leisure median (#52 of 310)

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


Dream International Business Description

Other Exchanges 01126:Hong Kong
Address 75 Mody Road, 6th Floor, Tower 1, South Seas Centre, Tsim Sha Tsui, Kowloon, HKG
Dream International Ltd is a Hong Kong-based company engaged in the design, development, manufacturing, and sale of toys. It operates in three segments: Plush stuffed toys, Plastic figures, and Tarpaulin. The majority is from the Plush stuffed toys segment, which is involved in the design, development, manufacture, and sale of plush stuffed toys. These products are either sourced externally or are manufactured in the group's manufacturing facilities located in Chinese Mainland and Vietnam. The company's geographical segments are Hong Kong, North America, Japan, Europe, Chinese Mainland, Vietnam, Korea, and Other countries, of which prime revenue is derived from North America.
85GF Score

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

$0.91
Price
$0.73
GF Value