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E-Commodities HoldingsFRA:WWY1 -0.91%47 Net Current Asset Value is €0.08 as of Dec. 2025, which is 100% below its 10-year median of 1.66. GuruFocus rates FRA:WWY1 with a GF Score™ of 47/100 and a GF Value™ of €0.08 (Significantly Undervalued). The stock has 9 warning signs investors should review. Among 81 Other Energy Sources companies, E-Commodities Holdings ranks better than 95.06% 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).
E-Commodities Holdings's net current asset value per share for the quarter that ended in Dec. 2025 was €0.08.
The historical rank and industry rank for E-Commodities Holdings's Net Current Asset Value or its related term are showing as below:
FRA:WWY1'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.55 Med: 1.66 Max: 4.56
Current: 0.91
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of E-Commodities Holdings was 4.56. The lowest was 0.55. And the median was 1.66.
FRA:WWY1's Price-to-Net-Current-Asset-Value is ranked better than 95.06% of 81
companies
in the Other Energy Sources industry
Industry Median: 4.98
vs FRA:WWY1: 0.91
E-Commodities Holdings (FRA:WWY1) 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.
E-Commodities Holdings Net Current Asset Value Related Terms
E-Commodities Holdings Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for E-Commodities Holdings'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.
E-Commodities Holdings Net Current Asset Value Chart
E-Commodities Holdings Net Current Asset Value Competitor Comparison
For the Thermal Coal subindustry, E-Commodities Holdings'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.
E-Commodities Holdings Price-to-Net-Current-Asset-Value vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, E-Commodities Holdings's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where E-Commodities Holdings'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 €0.08 mean?
E-Commodities Holdings (FRA:WWY1) has a Net Current Asset Value of €0.08 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 E-Commodities Holdings and its competitors. This is 95% below median its historical median of 1.66. Over the past decade, E-Commodities Holdings' Net Current Asset Value has ranged from 0.55 to 4.56. According to the industry distribution chart, E-Commodities Holdings ranks #4 out of 81 companies in the Other Energy Sources industry, placing it in the top 4.9%.
Is E-Commodities Holdings' Net Current Asset Value too high?
E-Commodities Holdings' current Net Current Asset Value of €0.08 is 95% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 4.56. Based on the distribution chart, E-Commodities Holdings ranks #4 out of 81 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, E-Commodities Holdings has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E-Commodities Holdings' Net Current Asset Value compare to competitors?
According to the Other Energy Sources industry distribution chart, E-Commodities Holdings ranks #4 out of 81 companies for Net Current Asset Value. This places E-Commodities Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 4.98. Historically, E-Commodities Holdings' own Net Current Asset Value has ranged from 0.55 to 4.56 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 an Other Energy Sources company?
The median Net Current Asset Value among Other Energy Sources companies is 4.98, based on 81 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 E-Commodities Holdings and its competitors. For the Other Energy Sources industry, the median Net Current Asset Value is 4.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-Commodities Holdings's current Net Current Asset Value is €0.08, which is 95% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Commodities Holdings stock overvalued right now?
Based on GuruFocus' analysis, E-Commodities Holdings (FRA:WWY1) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.08, compared to a current price of €0.05 — trading 31.9% below its estimated fair value. The current Net Current Asset Value is €0.08, which is 95% below median its 10-year median of 1.66. E-Commodities Holdings' overall GF Score™ is 47/100 with 9 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 E-Commodities Holdings (FRA:WWY1), the current Net Current Asset Value is €0.08 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 E-Commodities Holdings (FRA:WWY1) Overvalued in 2026?
Based on GuruFocus' analysis, E-Commodities Holdings stock appears to be undervalued.
The current stock price of €0.05 is trading 31.9% below its estimated GF Value™ of €0.08.
GuruFocus considers E-Commodities Holdings to be Significantly Undervalued.
Key valuation signals for FRA:WWY1:
Net Current Asset Value: €0.08 (95% below median its 10-year median of 1.66)
GF Value™: €0.08 vs. price of €0.05 (31.9% below fair value)
No single metric tells the full story. See the FRA:WWY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E-Commodities Holdings Ltd is principally engaged in the trading of coal and other products and the rendering of integrated supply chain services. The Group has two reportable segments, Trading of coal and other products, and Rendering of integrated supply chain services. The company generates majority of revenue from Trading of coal and other products this segment generates income from trading of coal and other products to external customers. It has presence in The PRC (including Hong Kong, Macau and Taiwan), Indonesia, Mongolia, Malaysia, South Korea, Vietnam, India, Canada, Japan, and Others Of which majority of revenue comes from PRC.
47GF Score
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